IPO Price Range: ₹123 - 130
Min Investment
₹1,30,000
IPO Size
₹24 Cr
IPO Status
Quantity in 1 Lot
1000
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 26 Nov 2024 |
Bid Closing Date | 28 Nov 2024 |
Allotment Date | 29 Nov 2024 |
Issue Size | ₹24.7Cr |
Quantity in 1 lot | 1000 |
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.
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.
Investors | Holdings % |
Sarthak Soni | 27.83% |
Madhuri Surana | 12.35% |
Sudeep Soni | 30.73% |
Tanya Attar | 5.59% |
Pallavi Soni | 13.5% |
Organisation | Rajputana Biodiesel Ltd |
Headquarters | Jaipur |
Industry | Miscellaneous |