Rajputana Biodiesel Ltd IPO: Issue Details, Open/Close Date | Research 360 by Motilal Oswal
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Rajputana Bio.

CMP

254.95

+4.90 (1.96%)

  • DRHP
₹130

Offer Price

₹ 24.70 Cr

Issue Size

₹ 1,30,000

Min Investment

1,000

Lot size

Time Line

  • 26
    Nov 2024
    Open
  • 28
    Nov 2024
    Close
  • 29
    Nov 2024
    Finalisation of Basis of Allotment
  • 29
    Nov 2024
    Initiation of Refunds
  • 02
    Dec 2024
    Transfer of Shares to Demat Account
  • 03
    Dec 2024
    Listing Date

Objects of the Offer

  • Expanding organically and inorganically in Bio-fuel sector.

  • Capital Expenditure.

  • Investing in Cutting-Edge Technology and Backward Integration.

  • Strategic Expansion PAN India.

Products & Services

  • The Company is engaged in the Business of Manufacturing and supplying of bio-fuels and its by-products namely glycerine and fatty acids.

Strengths

  • Experienced Promoters and Management Team.

  • Long standing relationships with customers.

  • Efficient operational team.

  • Consistent financial performance;

  • Major Revenue from Government PSUs;

Risks

  • Its business is subject to government policies. If the company fails to comply with the applicable regulations prescribed by governments and regulatory agencies, its business, results of operations and financial condition could be adversely affected.

  • The company requires certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, any failures to obtain, retain and renew such approvals and licenses or comply with such rules and regulations may adversely affect its operations.

  • If the company is not able to obtain, renew or maintain the statutory and regulatory permits and approvals required to operate its business it may the company may faces resistance to change from existing users of conventional fossil fuel.

  • Its production is based on competitive bidding process by government authorities/bodies. The company may not be able to qualify for, compete and win future projects, which could adversely affect its business and results of operations.

  • The availability, quality and timely delivery of raw material is an important factor for its business, any fluctuation, delay or increase in cost in same may affect its business and prices.

Company Promoters

Promoters Holding

Issue For IPO
24.32%
Pre Holding

90.00%

Post Holding

65.68%

Top Promoters Holding

Financials

All values in Cr

Mar-2022 Mar-2023 Mar-2024 3-Yr trend
Revenue 17.07 (76.20%) 23.41 (37.10%) 53.46 (128.40%)
Gross Profit 0.82 (159.00%) 2.79 (240.20%) 6.65 (138.40%)
Net Income 0.20 (114.00%) 1.69 (745.00%) 4.56 (169.80%)
Assets 9.72 (24.80%) 13.50 (38.90%) 34.01 (151.90%)
Liabilities 11.00 (18.70%) 8.95 (-18.60%) 19.79 (121.10%)

Peers

Company Name Revenue (Cr) Net Profit (Cr) Assets (Cr) Liabilities (Cr) ROE EPS BVPS Current Ratio Debt to Assets
Kotyark Industries Ltd 270.99 22.20 221.72 221.72 15.40 22.76 140.23 10.01 0.47
Rajputana Biodiesel Ltd 53.77 4.60 28.63 15.41 0.00 0.00 25.75 5.19 0.54

Book Running Managers

  • GYR Capital Advisors Pvt Ltd

Registrar & Transfer Agent

Maashitla Securities Pvt Ltd

451 Krishna Apra Bus,
Netaji Subhash Place,
Pitampura - New Delhi-110034
Phone : 011-45121795 Fax: 01145121795

Company Contact Information

Jaipuria Mansion Panch Batti,
M I Road,
Jaipur - 302001
Phone : +91-95092 22333 Email : cs@rajputanabiodiesel.com https://rajputanabiodiesel.com

Offer Related Information

Initial public issue of 19,00,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Rajputana Biodiesel Limited (the "Company" or "Rajputana" or "Issuer") at an issue price of Rs. 130/- per equity share (including a share premium of Rs. 120/- per equity share) for cash, aggregating to Rs. 24.70 crores ("Public Issue") out of which 1,41,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 130/- per equity share for cash, aggregating to Rs. 1.83 crores will... More

Rajputana Bio. FAQ's

The shares of Rajputana Bio. were first listed on the stock exchanges on June 26, 2024.

The total issue size of the Rajputana Bio. IPO was 1,10,00,000 shares, amounting to Rs. 132 crore. they

The minimum lot size for Rajputana Bio. public issue was 125 shares.

The price band of the IPO of Rajputana Bio. was Rs. 114 to Rs. 120 per equity share.

Rajputana Bio. IPO is a public issue through which the company raised approximately Rs. 132 crore by issuing around 1.1 crore equity shares to the public. After a successful IPO, the company’s shares are currently listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), where they are freely traded without restrictions.

Bigshare Services Private Limited is the registrar and share transfer agent of Rajputana Bio. IPO.

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