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
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
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 90 | 65.69 |
| Share Capital | 4620000 | 4620000 |
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
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2022 | 1,028.70 | 2.50 | -143.05 | -142.70 | -38.0533 |
| 2023 | 1,515.69 | 462.00 | 20.18 | 19.97 | 5.3253 |
| 2021 | 821.29 | 2.50 | 169.01 | 168.83 | 3.6543 |
| 2024 | 3,993.35 | 513.35 | 169.01 | 168.83 | 3.6543 |
