Rajputana Biodiesel IPO

Rajputana Biodiesel Ltd

₹1,23,000 /1000 sharesMinimum Investment

Rajputana Biodiesel IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹130.00₹247.00₹117.00 (90.00%)

Rajputana Biodiesel IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
26 Nov ‘24 - 28 Nov ‘24₹1,23,0001,000₹123 - ₹130
Issue SizeIPO Doc
24.70Cr
RHP PDF

Subscription rate

As of 28 Nov'24, 04:00 PM
Qualified Institutional Buyers0x
Non-Institutional Investor0x
Retail Individual Investor0x
Total609.889530685921x

About Rajputana Biodiesel

Rajputana Biodiesel is a manufacturer and supplier of biofuels and by-products, including glycerine and fatty acids. Rajputana Biodiesel’s manufacturing facilities are located in Phulera, Rajasthan. The company provides products such as biodiesel, crude glycerin, and fatty acids. Biodiesel is an eco-friendly and safe alternative to conventional petroleum diesel, suitable for use in various applications, including on-road and off-road vehicles, marine vessels, and for power generation in both stationary setups and boilers. As a by-product from the production of biodiesel and soap, crude glycerin finds use across various industrial and agricultural sectors. Similarly, fatty acids, also a by-product of biodiesel production, are used in manufacturing soaps, detergents, and cosmetics.;
Founded in
2016
Managing director
Mr. Sarthak Soni
Parent organisation
Rajputana Biodiesel Ltd

Strengths & Financials of Rajputana Biodiesel

Strengths
Risks
Rajputana Biodiesel has an approved production capacity of 30 kilolitres per day (klpd) with an installed capacity of 24 klpd.
The company claims to be dedicated to incorporating biodiesel and other renewable energy sources into its energy portfolio, aiming at reducing carbon emissions and lessening the reliance on fossil fuels. This commitment is supported by investments in state-of-the-art technologies and infrastructure that enhance biofuel production and utilisation.
Rajputana Biodiesel claims to have solid and long-standing relationships with government public sector undertakings (PSUs). This partnership not only ensures a stable and dependable revenue stream but also showcases the company's reputation and credibility.
The company has seen a consistent increase in revenue from operations and profit after tax (PAT) over the past few years. Revenue from operations increased from Rs 17.07 crore in FY22 to Rs 23.41 crore in FY23 to Rs 53.46 crore in FY24. PAT increased from Rs 0.20 crore in FY22 to Rs 1.69 crore in FY23 to Rs 4.50 crore in FY24.

Rajputana Biodiesel Financials

*All values are in Rs. Cr
No Graph Data To Display

Application Details of Rajputana Biodiesel IPO

Apply asPrice bandApply upto
Regular123 - 130₹2 Lakh
High Networth Individual123 - 130₹2 - 5 Lakh
For Rajputana Biodiesel IPO, eligible investors can apply as Regular.
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