Back

Rajgor Castor Derivatives Ltd.

IPO Details · GMP · Subscription · Financials

✅ Listed NSE SME SME Live Chart
Issue Price
₹50
Per Share
GMP
NIL
Grey Market
Est. Listing
₹50
Expected Price
Min. Application
₹300,000
2 lots × 3000 shares
IPO Issue Details
Issue Price / Price Band₹50 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size3,000 Shares per Lot
Total Issue Size95,61,000 shares (aggregating up to ₹47.81 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenTue, 17 Oct 2023
Subscription CloseFri, 20 Oct 2023
Anchor AllotmentMon, 16 Oct 2023
Basis of AllotmentThu, 26 Oct 2023
Initiation of RefundsFri, 27 Oct 2023
Credit of Shares to DematMon, 30 Oct 2023
Listing DateTue, 31 Oct 2023
UPI Mandate Deadline2023-10-20
Application & Investment Details
Retail — Min (1 Lots)₹1,50,000 — 3,000 shares
Retail — Max (13 Lots)₹1,950,000 (13 Lots)
HNI — Min (2 Lots)₹3,00,000 — 6,000 shares
EPS (Pre-IPO)₹30.06
P/E Ratio (Pre-IPO)1.66x
P/E Ratio (Post-IPO)15.48x
Net Offer to Public90,60,000 shares (aggregating up to ₹45.30 Cr)
Reserved for Market Maker5,01,000 shares (aggregating up to ₹2.51 Cr)
Pre-IPO Promoter Holding1,50,20,852 shares
Post-IPO Promoter Holding2,39,15,852 shares
Fresh Issue Shares83,94,000 shares (aggregating up to ₹41.97 Cr)
Offer for Sale Shares6,66,000 shares of ₹10 (aggregating up to ₹3.33 Cr)
About Rajgor Castor Derivatives Ltd.

Incorporated in 2018, Rajgor Castor Derivatives Limited manufactures castor oil-based products for the Indian market.The company's product list includes:Refined Castor Oil First Stage Grade (F.S.G.): F.S.G. Castor Oil is Castor Oil bleached to British Standard Specifications. It is used in Lubricants, Paints, Pharmaceuticals, Cable insulators, Sealants, Inks, Rubber and Textiles, etc. It is also used to relief Constipation, Eyelashes growth, Hair grow, Skin moisturiser ad to improve immunity function as well as for applying on food grains to protect from insects/fungi.Castor De-Oiled Cake: It is produced by crushing castor seeds in an expeller to extract oil from it at a controlled temperature with the help of steam. It is used as a fertilizer because of the high content of Nitrogen, Phosphoric Acid, Potash, and moisture retention.High Protein Castor De-Oiled Cake: It is an organic manure that enhances the fertility of the soil without causing any damage or decay.The company's manufacturing unit is located in Banaskantha. As of July 31, 2023, the company employs over 60 employees.Rajgor Castor Derivatives' clientele includes manufacturers of Lubricants, Paints, Pharmaceuticals, Cable insulators, Sealants, Inks, Rubber, and Textiles, farmers and manufacturers of organic fertilizers, poultry farms, and manufacturers of organic fertilizers.

Objects of the Issue

Rajgor Castor Derivatives Ltd. proposes to utilise the net proceeds from the Issue for the following objects:

1
To Meet Working Capital Requirements
29.92
2
General Corporate Purpose
10.74
Shareholding & Lock-in
Pre-IPO Promoter Holding 1,50,20,852 shares
Post-IPO Promoter Holding 2,39,15,852 shares
Check AllotmentCheck Status →
Rajgor Castor Derivatives Ltd. — Live Price LIVE
₹50.00
INR · NSE
Fetching live data…
VS Issue Price
OPEN
HIGH
LOW
MKT CAP
P/E
52W HIGH
52W LOW
VOLUME
DIVIDEND
DIV YIELD
Loading chart…
Chart Not Available
Rajgor Castor Derivatives Ltd. is not yet listed on Yahoo Finance or has a different ticker symbol.
Try again after listing stabilises (2-3 trading days).
Issue ₹50.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹50
GMPNIL
Est. Listing₹50
Lot Size3,000 shares
Min Amount₹300,000
Listing Date31 Oct 2023
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹50
Listing Date31 Oct 2023
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
Market Maker 501,000 ₹2.51 Cr
TOTAL 9,561,000 100.00% ₹47.81 Cr
* Based on ₹50.00 (upper price band)
Lot Size & Investment Details
Lot Size
3,000
Shares
Issue Price
₹50.00
Per Share
Min Investment
₹150,000
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 3,000 ₹150,000
Retail (Max) 13 39,000 ₹1,950,000
sNII (Min) 14 42,000 ₹2,100,000
bNII (Min) 68 204,000 ₹10,200,000
Company Financials — Restated Consolidated (Amount in ₹ Lakhs)
Particulars30 Jun 202331 Mar 202331 Mar 2022
Revenue from Operations 11276.10 42887.35 4091.30
EBITDA N/A N/A N/A
Profit After Tax (PAT) 192.57 554.47 52.19
Net Worth 2558.24 2365.55 201.90
Total Assets 9847.95 7782.64 3753.42
Reserves & Surplus 2343.54 2150.97 190.12
Total Borrowings 5178.96 4450.93 1809.51
Key Ratios & Valuation
Issue Price ₹50
Face Value ₹10 Per Share
P/BV N/A
RoE 43.19%
RoCE 22.97%
RoNW 23.44%
PAT Margin (%) N/A
EBITDA Margin (%) N/A
Debt / Equity 1.88
Company Details
Company
Rajgor Castor Derivatives Ltd.
Exchange
NSE SME
IPO Type
SME IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
807, Titanium One, Nr. Pakwan Cross Road, Nr. Shabri Water Works, S.G. Highway Bodakdev, Ahmedabad, Gujarat, 380054
Book Running Lead Managers
Beeline Capital Advisors Pvt.Ltd
Book Running Lead Manager (BRLM)