The Rajputana Biodiesel IPO, a ₹24.70 Cr SME IPO, will be available for subscription from November 26 to November 28, 2024. The IPO includes a new issue worth ₹24.70 Cr. The price range is set at 123.00–130.00 per share, with a face value of Rs 10. You can apply for a minimum lot of 1000 shares, or Rs 130000, in the Rajputana Biodiesel SME IPO.
The Rajputana Biodiesel IPO seeks to generate finance to support the company’s working capital needs and expansion goals. Subscriptions for the Rajputana IPO will be accepted from November 26 to November 28, 2024, with a price range of ₹125 to ₹130 per share. Investors have the opportunity to participate in a business that is making major advancements in the renewable energy sector through its initial public offering (IPO).
Rajputana Biodiesel IPO Details
| IPO Open Date | November 26, 2024 |
| IPO Close Date | November 28, 2024 |
| Listing Date | Tuesday, December 3, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹123 to ₹130 per share |
| Lot Size | 1000 Shares |
| Total Issue Size | 1,900,000 shares
(aggregating up to ₹24.70 Cr) |
| Fresh Issue | 1,900,000 shares
(aggregating up to ₹24.70 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
Rajputana Biodiesel Financial Analysis
The revenue and profit after tax (PAT) of Rajputana Biodiesel Limited increased by 128% and 168%, respectively, between the fiscal year that ended on March 31, 2024, and March 31, 2023.
| FY 2024 | |
| Assets | 4,626 |
| Revenue | 2,779.18 |
| Profit After Tax | 259.59 |
| Net Worth | 1,573.81 |
| ROCE | 11.00% |
| Debt/Equity | 1.26 |
| RoNW | 16.49% |
| P/BV | 4.24 |
| PAT Margin (%) | 9.71 |
About the Company -Rajputana Biodiesel
Rajputana Biodiesel Ltd specializes in generating environmentally friendly biodiesel, which contributes to sustainable energy solutions. The company focuses on renewable energy, using modern technology to produce high-quality biodiesel while also supporting environmental protection and lowering India’s reliance on traditional fossil fuels in the energy sector.
It also meets international standards by producing high-quality biodiesel with a low carbon footprint. The promoters, Mr. Sarthak Soni, Mr. Tanay Attar, and Mr. Sudeep, contribute invaluable experience and knowledge to accomplish objectives by calculated actions. Its revenue has also increased by 128%, and in 2024, its profit after taxes, or PAT, has increased by 168%. The company plans to issue a brand-new IPO for Rs 24.70 crores in order to raise additional capital.
