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Objective of the Issue

The Company proposes to utilize the funds that are being raised through this Issue towards the following objectives:
  1. Loan to the Subsidiary, Nirvaanraj Energy Private Limited at H No – 576, Sheel Kunj Ph – II, Roorkee Road, Dist. – Meerut, Meerut, Uttar Pradesh, India, 250001 (“NEPL”) for capital expenditure requirements towards the expansion of existing manufacturing facility.
  2. Funding the working capital requirements of the company.
  3. General Corporate purposes.

IPO Details, Price, Market Lot

Rajputana Biodiesel SME IPO Details
IPO Open Date 26 November 2024
IPO Close Date 28 November 2024
IPO Issue Size 19,00,000 shares (Aggregating up to ₹24.70 Cr)
Fresh Issue 19,00,000 shares (Aggregating up to ₹24.70 Cr)
Offer for Sale NIL
Retail Portion Not less than 35.00% of the offer
NII Portion Not less than 15.00% of the offer
QIB Portion Not more than 50.00% of the offer
Listing At NSE SME
Rajputana Biodiesel SME IPO Price
Face Value ₹10 Per Share
IPO Price Band ₹123 to ₹130 Per Share
Employee Discount
IPO Issue Type Book Built Issue
Rajputana Biodiesel SME IPO Market Lot For Retail Investor
No. of Shares Per Lot 1000 Shares
Minimum Lot Size 1 Lot (1000 Shares)
Minimum Amount (Cut-off price) ₹1,30,000
Maximum Lot Size 1 Lot (1000 Shares)
Maximum Amount (Cut-off price) ₹1,30,000
Rajputana Biodiesel SME IPO Market Lot For HNI
No. of Shares Per Lot 1000 Shares
Minimum Lot Size  2 Lots (2000 Shares)
Minimum Amount (Cut-off price) ₹2,60,000

IPO Date, Listing Date, Allotment Date

Rajputana Biodiesel SME IPO Time Table (Tentative)
IPO Open Date 26 November 2024
IPO Close Date 28 November 2024
Basis of Allotment Date 29 November 2024
Initiation of Refunds 29 November 2024
Credit of Share to Demat Account 2 December 2024
IPO Listing Date 3 December 2024

Financial Report

Period Ended Assets (₹ in Lakh) Revenue (₹ in Lakh) P A T (₹ in Lakh) Net Worth (₹ in Lakh) Borrowings (₹ in Lakh)
31 July 2024 4,626 2,779.18 259.59 1,573.81 1,989.23
31 March 2024 3,995.16 5,367.51 452.43 1,314.22 1,914.19
31 March 2023 1,515.69 2,354.06 168.83 454.99 887.12
31 March 2022 1,071.47 1,746.07 19.97 -128.92 1,093.61
Period Ended 31 July 2024 31 March 2024 31 March 2023 31 March 2022
Assets 4,626 3,995.16 1,515.69 1,071.47
Revenue 2,779.18 5,367.51 2,354.06 1,746.07
P A T 259.59 452.43 168.83 19.97
Net Worth 1,573.81 1,314.22 454.99 -128.92
Borrowings 1,989.23 1,914.19 887.12 1,093.61
Amount in ₹ Lakh

Company Promotor & Promotor’s Holding

Pre Issue Promotor Holding 90.00%
Post Issue Promotor Holding 65.68%

Company Address

IPO Registrar, Lead Manager, Prospectus

Rajputana Biodiesel SME IPO Prospectus
Rajputana Biodiesel SME IPO Registrar
Maashitla Securities Private Limited
Rajputana Biodiesel SME IPO Lead Manager
GYR Capital Advisors Private Limited