Rajgor Castor Derivatives Limited is engaged in activity of manufacturing/dealing/trading of Castor Seeds, Castor derivative products, other merchandise etc. and leasing activity.
The company manufactures Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for the domestic market.
The company supply its products in states such as Gujarat, Delhi, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh and Uttarakhand. As of 31 July 2023, it has 60 Employees in Rajgor Castor Derivatives.
Rajgor Castor Derivatives IPO – Details
| IPO Opening Date | 17 October 2023 |
| IPO Closing Date | 20 October 2023 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 95,61,000 Shares Worth ₹47.81 Crore Fresh Issue: 88,95,000 Shares Worth ₹44.48 Crore Offer For Sale: 6,66,000 Shares Worth ₹3.33 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹47 – ₹50 |
| Market Lot | 3000 Shares |
| Min Order | 3000 Shares (1 Lot) |
| Listing At | NSE SME |
| Register | Link Intime India Private Ltd |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Rajgor Castor Derivatives IPO – Date Schedule
| IPO Open Date | 17 October 2023 |
| IPO Close Date | 20 October 2023 |
| Basis of Allotment | 26 October 2023 |
| Initiation of Refund | 27 October 2023 |
| Credit of Shares to Demat Account | 30 October 2023 |
| IPO Listing Date | 31 October 2023 |
| Cut-off time for UPI mandate confirmation | 5 PM on Oct 20, 2023 |
Rajgor Castor Derivatives IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Retail (Minimum) | 1 | 3000 | 1,50,000 |
| Retail (Maximum) | 1 | 3000 | 1,50,000 |
| HNI (Minimum) | 2 | 6000 | 3,00,000 |
Competitive Strengths
- Experienced Management Team.
- Quality Control and Quality Assurance.
- Diversified business model and customer base.
- Scalable Business Model.
Company Promoters
- Mr. Brijeshkumar Vasantlal Rajgor
- Mr. Vasantkumar Shankarlal Rajgor
- Mr. Maheshkumar Shankarlal Rajgor
Object Of The Issue
- To Meet Working Capital Requirements.
- General Corporate Purposes.
- Public Offer Expenses.
Company Financial
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2020 | 14.97 | 16.34 | -0.97 | – |
| 31 March 2021 | 11.01 | 13.53 | -1.80 | 22.86 |
| 31 March 2022 | 40.91 | 40.59 | 0.52 | 18.09 |
| 31 March 2023 | 428.87 | 420.21 | 5.54 | 44.51 |
Key Performance Indicator
| KPI | Values |
|---|---|
| P/E (x) | – |
| ROE | – |
| ROCE | – |
| EPS (Rs) | – |
| RoNW | – |
Rajgor Castor Derivatives IPO Promoter Holding
| Pre Issue Share Holding | 100.00% |
| Post Issue Share Holding | – |
Rajgor Castor Derivatives IPO Prospectus
Company Contact Information
| Rajgor Castor Derivatives Limited 807, Titanium One, Nr. Pakwan Cross Road, Nr. Shabri Water Works, S.G. Highway Bodakdev, Ahmedabad-380054 Phone: +91 9898926368 Email: cs@rajgorcastor.com Website: https://www.rajgorcastor.com/ |
Rajgor Castor Derivatives IPO Registrar
| Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: rajgorcastorderivatives.ipo@linkintime.co.in Website: https://linkintime.co.in/mipo/ipoallotment.html |
Rajgor Castor Derivatives IPO Lead Manager(s)
| 1. Beeline Capital Advisors Pvt Ltd |
Rajgor Castor Derivatives IPO FAQs
| What is Rajgor Castor Derivatives IPO? Rajgor Castor Derivatives IPO is a SME IPO. The issue is priced at ₹47 – ₹50 per equity share. The IPO is to be listed on NSE SME. |
| When Rajgor Castor Derivatives IPO will open? The IPO is to open on 17 October 2023 for QIB – 50%, NII – 15% and Retail – 35% Investors. |
| How to Rajgor Castor Derivatives IPO? You can apply Rajgor Castor Derivatives IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Rajgor Castor Derivatives IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Rajgor Castor Derivatives”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Rajgor Castor Derivatives IPO through Edelweiss? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Rajgor Castor Derivatives”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Edelweiss. |
| What is Rajgor Castor Derivatives IPO Size? Rajgor Castor Derivatives IPO size is ₹47.81 crores. |
| What is Rajgor Castor Derivatives IPO Price Band? Rajgor Castor Derivatives IPO Price Band is ₹47 – ₹50. |
| What is Rajgor Castor Derivatives IPO Minimum and Maximum Lot Size? The minimum bid is 3000 Shares with ₹1,50,000 amount while the maximum bid is 3000 shares with ₹1,50,000. |
| What is the Rajgor Castor Derivatives IPO Allotment Date? Rajgor Castor Derivatives IPO allotment date is 26 October 2023. |
| What is the Rajgor Castor Derivatives IPO Listing Date? Rajgor Castor Derivatives IPO listing date is 31 October 2023. The IPO is to list on NSE SME. |
