Ramdevbaba Solvent Limited IPO
NSE SMEClosed
Apr 15, 2024Open Date
Apr 18, 2024Close Date
TBAAllotment Date
Apr 23, 2024Listing Date
Subscription Details
View Subscription DetailsRetail79.96x
QIB / NII0.00x
Overall Subscription
Total Bids Received
126.29x
Updated: 10 Jul, 06:09 pm
Ramdevbaba Solvent Limited IPO Issue Details
Issue Price₹80-85 Per Equity Share
Face Value₹10 Per Equity Share
Fresh Share59,13,600 shares(aggregating up to ₹50.27 crore)
Listing AtNSE SME
Listing DateApr 23, 2024
RegistrarBigshare Services Pvt Ltd
Reservation Details
| Category | Shares Offered | % |
|---|---|---|
| NII | 8,40,000 | 14.2% |
| QIB | 11,20,000 | 18.94% |
| Anchor | 16,80,000 | 28.41% |
| Market Maker | 3,13,600 | 5.3% |
Company Information
Ramdevbaba Solvent Limited, established in 2008, produces and distributes physically refined rice bran oil.The Company manufactures, distributes, markets, and sells rice bran oil to FMCG companies, in...
Valuations
EPS (Pre-IPO)
8.02
EPS (Post-IPO)
5.00
P/E (Pre-IPO)
10.6
P/E (Post-IPO)
17.02
RoNW
14.24%
PAT Margin
1.79%
P/B Value
1.83
Objectives of the Issue
- 1Setting up of new manufacturing facility
- 2Repayment in full or in part, of certain outstanding borrowings
- 3Funding the working capital requirements of the company
- 4General corporate purposes.
Ramdevbaba Solvent Limited – Promoter(s)
Prashant Kisanlal Bhaiya
Nilesh Suresh Mohata
Tushar Ramesh Mohata
Contact Details
Corporate Office
Bhaiya Building, Anaj Bazar, Itwari, Nagpur -440 002
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