| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹24.70 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹24.70 Cr |
| Fresh Issue | ₹22.87 Cr |
| Face Value | βΉ10 Per Equity Share |
| Price Band | βΉ123.00-130.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | RAJPUTANA |
| Registrar | Maashitla Securities Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 1,000 shares and in multiples thereof
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (βΉ Cr.) |
|---|---|---|
| 1 | Loan to our Subsidiary, Nirvaanraj Energy Private Limited at H No - 576, Sheel Kunj Ph - II, Roorkee Road, Dist. - Meerut, Meerut, Uttar Pradesh, India, 250001 (βNEPLβ) for capital expenditure requirements towards expansion of itβs existing manufacturing facility (the βProjectβ); | 4.19 |
| 2 | Funding working capital requirements of the company; and | 12.20 |
| 3 | General Corporate purposes | 5.86 |
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 46.26 | 39.95 | 15.16 | 10.71 |
| Total Income | 27.79 | 53.68 | 23.54 | 17.46 |
| Profit After Tax | 2.60 | 4.52 | 1.69 | 0.20 |
| NET Worth | 15.74 | 13.14 | 4.55 | -1.29 |
| Reserves and Surplus | 10.50 | 8.01 | -0.07 | -1.31 |
| Total Borrowing | 19.89 | 19.14 | 8.87 | 10.94 |
| Amount in ₹ Crore | ||||
| KPI | Jul 31, 2024 |
|---|---|
| ROCE | 11.00% |
| Debt / Equity | 1.26% |
| RoNW | 16.49% |
| PAT Margin | 9.71% |
| Price to Book Value | 4.24 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (βΉ) | 8.81 | 11.07 |
| P/E (x) | 14.75 | 11.74 |
| Promoter Holding | 90% | 65.68% |
| Market Cap | βΉ91.44 Cr. | |