Rajputana Biodiesel Limited was founded in November 2016. The company is engaged in the manufacture and supply of biofuels and their by-products, namely glycerin and fatty acids. The manufacturing facility is located at G24 RIICO Industrial Area, Phulera, Rajasthan 303338 on an area of 4,000 square meters. Rajputana Biodiesel Ltd. is an India-based biodiesel producer that manufactures biodiesel from various feedstocks, such as waste cooking oil, animal fat, and vegetable oil. The company was founded to promote renewable energy and reduce dependence on fossil fuels. Rajputana Biodiesel Ltd. uses a state-of-the-art production process in which the raw materials are converted into biodiesel through a chemical process called transesterification.
Rajputana Biodiesel IPO open date is November 26, 2024 and the IPO will close on November 28, 2024. Rajputana Biodiesel IPO price band is ₹125 to ₹130 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Rajputana Biodiesel IPO to list on NSE on December 3, 2024. The allotment of Rajputana Biodiesel IPO date is November 29, 2024. The company reported revenue of ₹53.68 crores in 2024 against ₹23.54 crore in 2023. The company reported Profit of ₹4.52 crores in 2024 against Profit of ₹1.69 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Rajputana Biodiesel IPO Details
| IPO Open Date: | November 26, 2024 |
| IPO Close Date: | November 28, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹125 to ₹130 Per Share |
| Issue Size: | Approx ₹24.70 Crores |
| Fresh Issue: | Approx ₹24.70 Crores |
| IPO Listing: | NSE SME |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
Rajputana Biodiesel IPO Timeline
The Rajputana Biodiesel IPO date is November 26 and the close date is November 28. The Rajputana Biodiesel IPO allotment will be finalized on November 29 and the IPO listing on December 3.
| IPO Open Date: | November 26, 2024 |
| IPO Close Date: | November 28, 2024 |
| Basis of Allotment: | November 29, 2024 |
| Refunds: | November 29, 2024 |
| Credit to Demat Account: | December 2, 2024 |
| IPO Listing Date: | December 3, 2024 |
Rajputana Biodiesel IPO Market Lot
The Rajputana Biodiesel IPO minimum market lot is 1000 shares with ₹130,000 application amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 1,000 | ₹130,000 |
| Retail Maximum | 1 | 1,000 | ₹130,000 |
| S-HNI Minimum | 2 | 2,000 | ₹260,000 |
Rajputana Biodiesel Limited: Revenue, Profitability, and Financial Highlights
Rajputana Biodiesel Limited’s revenue increased by 128% and profit after tax (PAT) rose by 168% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Jul 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 4,626 | 3,995.16 | 1,515.69 | 1,071.47 |
| Revenue | 2,779.18 | 5,367.51 | 2,354.06 | 1,746.07 |
| Profit After Tax | 259.59 | 452.43 | 168.83 | 19.97 |
| Net Worth | 1,573.81 | 1,314.22 | 454.99 | -128.92 |
| Reserves and Surplus | 1,050.46 | 800.87 | -7.01 | -131.42 |
| Total Borrowing | 1,989.23 | 1,914.19 | 887.12 | 1,093.61 |
