Rajputana Biodiesel Ltd

Rajputana Biodiesel Ltd IPO

IPO Price Range: ₹123 - 130

Our Company is engaged in the Business of Manufacturing and supplying of bio-fuels and its by-products namely glycerine and fatty acids. We intend to add value to our by-products and explore the export potential of bio-diesel. Our manufacturing unit is operational at G24 RIICO Industrial Area, Phulera, Rajasthan 303338 spread over 4000 Square Meters. We have an installed production capacity of 30 kilo liters per day (klpd). On the date of this Red Herring Prospectus, our products cover majorly biodiesel, glycerine and fatty acid. Our Company has full flexibility in our manufacturing facility to handle the multiple feed stocks as per market requirements.

Min Investment

₹1,30,000

IPO Size

₹24 Cr

IPO Status

Closed

Quantity in 1 Lot

1000

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Rajputana Biodiesel Ltd

Open Date26 Nov 2024
Close Date28 Nov 2024
Allotment Date29 Nov 2024
Listing Date3 Dec 2024

Key Statistics

Bid Opening DateBid Opening Date26 Nov 2024
Bid Closing DateBid Closing Date28 Nov 2024
Allotment DateAllotment Date29 Nov 2024
Issue SizeIssue Size₹24.7Cr
Quantity in 1 lotQuantity in 1 lot1000

Strength and risks

Strength

Strength

  • Experienced Promoters and Management Team.

  • Long standing relationships with customers.

  • Efficient operational team.

  • Consistent financial performance;

  • Major Revenue from Government PSUs;

  • Scalability due to scarcity in supply.


Risk

Risk

  • Its business is subject to government policies. If the company fails to comply with the applicable regulations prescribed by governments and regulatory agencies, its business, results of operations and financial condition could be adversely affected.

  • The company requires certain approvals and licenses in the ordinary course of business and are required to comply with certain rules and regulations to operate its business, any failures to obtain, retain and renew such approvals and licenses or comply with such rules and regulations may adversely affect its operations.

  • If the company is not able to obtain, renew or maintain the statutory and regulatory permits and approvals required to operate its business it maythe company may faces resistance to change from existing users of conventional fossil fuel.

  • Its production is based on competitive bidding process by government authorities/bodies. The company may not be able to qualify for, compete and win future projects, which could adversely affect its business and results of operations.

  • The availability, quality and timely delivery of raw material is an important factor for its business, any fluctuation, delay or increase incost in same may affect its business and prices.

  • The company financial performance is dependent primarily on the sale of Biodiesel.

  • Absence of entry barriers into bio-fuel production may attract many players from both organized and unorganized sectors which will escalate competition and resultant price pressure on the products.

  • Its top ten customers contribute majority of the company revenues from operations. Any loss of business from one or more of them may adversely affect its revenues and profitability

  • The companys top ten suppliers contribute majority of its purchases. Any loss of business with one or more of them may adversely affect the companys business operations and profitability.

  • In past, there has been instances of delayed filing of Statutory Returns.

Promoters Holding

Investors Holdings %
Sarthak Soni27.83%
Madhuri Surana12.35%
Sudeep Soni30.73%
Tanya Attar5.59%
Pallavi Soni13.5%

About Rajputana Biodiesel Ltd

OrganisationRajputana Biodiesel Ltd
HeadquartersJaipur
IndustryMiscellaneous

Frequently Asked Questions

  • What is the size of the Rajputana Biodiesel Ltd IPO?

    The size of the Rajputana Biodiesel Ltd IPO is ₹24.7Cr .

  • What is 'pre-apply' for Rajputana Biodiesel Ltd IPO?

    'Pre-apply' for Rajputana Biodiesel Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Rajputana Biodiesel Ltd IPO order be placed?

    Your Rajputana Biodiesel Ltd IPO order will be placed on 26 Nov 2024.

  • What are the open and close dates of the Rajputana Biodiesel Ltd IPO?

    The open and close dates of the Rajputana Biodiesel Ltd IPO are 26 Nov 2024 to 28 Nov 2024.

  • What is the lot size and minimum order quantity of the Rajputana Biodiesel Ltd IPO?

    The lot size and minimum order quantity of the Rajputana Biodiesel Ltd IPO are 1000 and 1000 respectively.

  • What would be the listing gains on the Rajputana Biodiesel Ltd IPO?

    The potential listing gains on the Rajputana Biodiesel Ltd IPO will depend on various market factors and cannot be predicted with certainty.