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Rajputana Biodiesel Limited SME IPO
Issue Size (Net)
up to Rs.24.70 Cr
Price Band
Rs.123 to Rs.130 per share
Issue Opens
November 26, 2024
Issue Closes
November 28, 2024

Company Highlights

1.Company Information

Founded in 2016, 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.

2. Objects of the Issue

The Company proposes to utilize the funds that are being raised through this Issue towards the following objectives:
1. 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”);
2. Funding working capital requirements of the company; an
3. General Corporate purposes.

3.RAJPUTANA BIODIESEL LIMITED SME 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 LIMITED Information (Restated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Jul-24
4,626
2,779.18
259.59
1,573.81
1,050.46
1,989.23
31-Mar-24
3,995.16
5,367.51
452.43
1,314.22
800.87
1,914.19
31-Mar-23
1,515.69
2,354.06
168.83
454.99
-7.01
887.12
Amount in Rs. Lakhs

RAJPUTANA BIODIESEL LIMITED SME IPO Details

Issue Opening Date
November 26, 2024
Issue Closing Date
November 28, 2024
Face Value
Rs.10 per share
Price
Rs.123 to Rs.130 per share
Lot Size
1000 Shares
Issue Size
1,900,000 shares(aggregating up to Rs.24.70 Cr)
Fresh Issue
1,900,000 shares(aggregating up to Rs.24.70 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME
Share holding pre issue
5,133,500
Share holding post issue
7,033,500
Market Maker portion
141,000 shares

Rajputana Biodiesel Limited SME IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Tuesday, November 26, 2024
Closing Date
Thursday, November 28, 2024
Basis of Allotment
Friday, November 29, 2024
Initiation of Refunds
Friday, November 29, 2024
Credit of Shares to Demat
Monday, December 2, 2024
Listing Date
Tuesday, December 3, 2024
Cut-off time for UPI mandate confirmation
5 PM on November 28, 2024

Prospectus

Prospectus File

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callLandline Number
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Customer Care
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