Rajputana Biodiesel
Listed
Listed
IPO Timeline
Issue open date
26 Nov 2024Issue close date
28 Nov 2024UPI mandate deadline
28 Nov 2024Allotment finalization
29 Nov 2024Refund initiation
29 Nov 2024Share credit
2 Dec 2024Listing date
3 Dec 2024Mandate end date
13 Dec 2024Lock-in end date for anchor investors (50%)
29 Dec 2024Lock-in end date for anchor investors (remaining)
27 Feb 2025Key Dates
Open
26 Nov 2024Close
28 Nov 2024Listing
3 Dec 2024Quick Stats
Issue Size:24cr
Lot Size:1000 shares
About the Company
Rajputana Biodiesel Limited, incorporated initially as Rajputana Biodiesel Private Limited on November 10, 2016, transitioned to a public limited company on July 8, 2024. The company operates a manufacturing unit in Phulera, Rajasthan, spanning 4,000 sq. meters with an approved production capacity of 30 KLPD and an installed capacity of 24 KLPD. It specializes in manufacturing biodiesel, glycerine, and fatty acids, with flexible facilities for handling multiple feedstocks. The company leverages over seven years of expertise in the biodiesel industry to expand its operations and explore export opportunities
Strengths
- Flexible, multi-feedstock production.
- Promoters with 7 years’ expertise.
- Stable revenue from PSU customers.
- Advanced capacity and value addition plans.
Risks
- Regulatory dependency risks.
- Raw material supply uncertainty.
- Intense domestic competition.
- Limited market diversification.
Rajputana Biodiesel IPO – Frequently Asked Questions
- The price band for the Rajputana Biodiesel IPO is set at ₹125 to ₹130 per share.
- The Rajputana Biodiesel IPO opens on November 26, 2024 and closes on November 28, 2024.
- The tentative listing date for the Rajputana Biodiesel IPO is December 3, 2024.
- You can apply for the Rajputana Biodiesel IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose Rajputana Biodiesel, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the Rajputana Biodiesel IPO is 1000 shares. Investors must apply for at least one lot (i.e., 1000 shares).