Rajputana Biodiesel Limited produces and supplies biofuels and their by-products, namely glycerine and fatty acids.
The company’s production facility is located at G24 RIICO Industrial Area, Phulera, Rajasthan 303338 in an area of 4,000 square meters. The company has an approved production capacity of 30 kiloliters per day (kl/pd) and an installed production capacity of 24 kiloliters per day (kl/pd).
Rajputana Biodiesel’s product portfolio includes Bio-Diesel, Crude Glycerin, Castic Potash Flakes, Waste Sludge, Used Cooking Oil, Esteried Fatty Acid, Methanol, Citric Acid, Refined Rice Oil, Crude Sunflower Oil, Sodium Methoxide, RBD Palm Sterin, Job Work: semi-refining of glycerine for other manufacturers, and Fats.
As of July 31, 2024, the company had 30 permanent employees.
Rajputana Biodiesel IPO – Details
| IPO Opening Date | 26 November 2024 |
| IPO Closing Date | 28 November 2024 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 19,00,000 Shares Worth ₹24.70 Crore Fresh Issue: 19,00,000 Shares Worth ₹24.70 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹123 – ₹130 |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares |
| Listing At | NSE SME |
| Register | Maashitla Securities Private Limited |
| QIB Shares Offered | 50% |
| Retail Shares Offered | 35% |
| NII (HNI) Shares Offered | 15% |
Rajputana Biodiesel IPO – Date Schedule
| IPO Open Date | 26 November 2024 |
| IPO Close Date | 28 November 2024 |
| Basis of Allotment | 29 November 2024 |
| Initiation of Refund | 02 December 2024 |
| Credit of Shares to Demat Account | 02 December 2024 |
| IPO Listing Date | 03 December 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 28, 2024 |
Rajputana Biodiesel IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1000 | ₹1,30,000 |
| Retail (Max) | 1 | 1000 | ₹1,30,000 |
| HNI (Min) | 2 | 2000 | ₹2,60,000 |
Competitive Strengths
- Experienced Promoters and Management Team;
- Long standing relationships with customers;
- Efficient operational team;
- Consistent financial performance;
- Major Revenue from Government PSUs;
- Scalability due to scarcity in supply.
Company Promoters
- Mr. Sarthak Soni
- Mr. Tanay Attar
- Mr. Sudeep Soni
- Mrs. Madhuri Surana
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2022 | 17.46 | 17.15 | 0.19 | 10.93 |
| 31 March 2023 | 23.54 | 21.26 | 1.68 | 8.87 |
| 31 March 2024 | 53.67 | 47.59 | 4.52 | 19.14 |
| 31 July 2024 | 27.79 | 23.88 | 2.59 | 19.89 |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 11.00% |
| Debt/Equity | 1.26 |
| RoNW | 16.49% |
| P/BV | 4.24 |
| PAT Margin (%) | 9.71 |
| Pre IPO | Post IPO | |
| EPS (Rs) | 8.81 | 11.07 |
| P/E (x) | 14.75 | 11.74 |
Object Of The Issue
- Loan to the Subsidiary, Nirvaanraj Energy Private Limited at H No – 576, Sheel Kunj Ph – II, Roorkee Road, Dist. – Meerut, Meerut, Uttar Pradesh, India, 250001 (“NEPL”) for capital expenditure requirements towards the expansion of existing manufacturing facility (the “Project”);
- Funding working capital requirements of the company; and
- General Corporate purposes.
Rajputana Biodiesel IPO Promoter Holding
| Pre Issue Share Holding | 90.00% |
| Post Issue Share Holding | 65.68% |
Rajputana Biodiesel IPO Prospectus
Company Contact Information
| Rajputana Biodiesel Limited Jaipuria Mansion Panch Batti, M.I. Road, Jaipur – 302001 Phone: +91- 9509222333 Email: cs@rajputanabiodiesel.com Website: https://rajputanabiodiesel.com/ |
Rajputana Biodiesel IPO Registrar
| Maashitla Securities Private Limited Phone: +91-11-45121795-96 Email: ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
Rajputana Biodiesel IPO Lead Manager(s)
| 1. GYR Capital Advisors Private Limited |
Rajputana Biodiesel IPO FAQs
| What is Rajputana Biodiesel IPO? Rajputana Biodiesel IPO is an SME IPO. The issue is priced at ₹123 and ₹130 per equity share. The IPO is to be listed on NSE SME. |
| When Rajputana Biodiesel IPO will open? The IPO is to open on 26 November 2024 for QIB, NII, and Retail Investors. |
| What is Rajputana Biodiesel IPO Investors Portion? The investors’ portion for QIB- 50%, Retail – 35%, NII – 15%. |
| How to Apply the Rajputana Biodiesel IPO? You can apply Rajputana Biodiesel 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 Rajputana Biodiesel IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Rajputana Biodiesel IPO”. 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 Angle One. |
| How to Apply the Rajputana Biodiesel IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Rajputana Biodiesel IPO“. 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 Rajputana Biodiesel IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rajputana Biodiesel IPO”. 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 Upstox. |
| How to Apply the Rajputana Biodiesel IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Rajputana Biodiesel IPO”. 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 IIFL. |
| What is Rajputana Biodiesel IPO Size? Rajputana Biodiesel IPO size is ₹24.70 Crore. |
| What is Rajputana Biodiesel IPO Price Band? Rajputana Biodiesel IPO Price Band is ₹123 – ₹130. |
| What is Rajputana Biodiesel IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 1000 Shares with ₹1,30,000 amount while the maximum bid is 1000 Shares with ₹1,30,000. |
| What is the Rajputana Biodiesel IPO Allotment Date? Rajputana Biodiesel IPO allotment date is 29 November 2024. |
| What is the Rajputana Biodiesel IPO Listing Date? Rajputana Biodiesel IPO listing date is 03 December 2024. The IPO is to be listed on NSE SME. |
