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TCS, HDFCBANK, SBI Liquid Fund (G)
Rajputana Biodiesel Ltd.

RAJPUTANA

Equity

NSE

Min. Investment

1,23,000.00

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IPO Details

Bidding Dates

26 Nov 24 - 28 Nov 24

Price Range ₹

123 - 130

Total Equity

27.30Cr

Lot Size

1000

Exchange Status

NSE

IPO Doc

Subscription Rate

Non-Institutional Investor

0.00×

Qualified Institutional Buyers

0.00×

Employees

0.00×

Retail Investors

0.00×

Total subscription Rate

0.00×

IPO Timeline

Offer start

26 Nov 2024

Offer end

28 Nov 2024

Allotment

29 Nov 2024

Refund initiation

29 Nov 2024

Demat transfer

02 Dec 2024

Listing

03 Dec 2024

About Company

Rajputana Biodiesel Limited, established in 2016, specializes in the production and supply of biofuels and their by-products, including glycerine and fatty acids. The company operates a production facility at G24 RIICO Industrial Area, Phulera, Rajasthan 303338, covering an area of 4,000 square meters. It has an approved production capacity of 30 kiloliters per day (kl/pd) and an installed production capacity of 24 kiloliters per day (kl/pd). The product portfolio of Rajputana Biodiesel includes Bio-Diesel, Crude Glycerin, Caustic Potash Flakes, Waste Sludge, Used Cooking Oil, Esterified Fatty Acid, Methanol, Citric Acid, Refined Rice Oil, Crude Sunflower Oil, Sodium Methoxide, RBD Palm Stearin, semi-refining of glycerine on a job-work basis for other manufacturers, and various Fats. As of July 31, 2024, the company employed 30 permanent staff members.

Year Founded

10-11-2016

Promotor Details

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage9065.69
Share Capital46200004620000

Offer to Public

21,00,000.00 Cr

Highlights

  • The ability to use multiple feedstocks enhances operational flexibility and ensures consistent production.
  • A leadership team with 7 years of expertise in the biofuel industry provides strong guidance and industry insights.
  • Long-term relationships with Public Sector Undertaking (PSU) customers ensure a steady and reliable revenue base.
  • Advanced plans to increase production capacity demonstrate a focus on growth and meeting rising demand.
  • Emphasis on creating value-added products strengthens the portfolio and boosts profitability.

Challenges

  • Heavy reliance on government policies and regulations for the biofuel sector could impact operations and profitability.
  • Fluctuations in the availability and cost of feedstocks pose challenges to consistent production.
  • A highly competitive market may limit pricing power and market share growth.
  • Dependence on a narrow customer base, such as PSU clients, increases vulnerability to sector-specific changes.
  • Geographic and logistical constraints may affect the efficient procurement and distribution of products.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
20231,515.69462.00169.01168.833.6543
20221,028.702.50-143.05-142.70-38.0533
20243,993.35513.35169.01168.833.6543
2021821.292.50450.16452.438.8133
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