What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Rajputana Biodiesel Limited IPO allotment date?

The basis of allotment for Rajputana Biodiesel Limited IPO is scheduled to be finalized on 29 Nov 2024.

Where can I check Rajputana Biodiesel Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Maashitla Securities Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 30 Nov 2024.

Rajputana Biodiesel Limited

ListedSME

Energy · NSE

Founded in 2016, Rajputana Biodiesel Limited is engaged in the production and supply of biofuels and related by-products such as glycerine and fatty acids. The company operates from a 4,000-square-meter facility in Phulera, Rajasthan, with an approved production capacity of 30 kl/pd and an installed capacity of 24 kl/pd. Its product portfolio includes Bio-Diesel, Crude Glycerin, Caustic Potash Flakes, Waste Sludge, Used Cooking Oil, Esterified Fatty Acid, Methanol, Citric Acid, refined oils, and other derivatives, and it also undertakes job work for semi-refining glycerine for third parties. As of July 31, 2024, the company employed 30 permanent workers and continues to contribute to the renewable energy ecosystem with sustainable biofuel solutions.

Price Band

₹123 – ₹130

Issue Size

₹24.70 Cr

Lot Size

1000 shares

GMP

₹135

+103.8%

Est. Listing

₹265

at current GMP

Subscribed

719.01x

overall

Open

26 Nov 2024

28 Nov 2024

Allotment

29 Nov 2024

Refund

30 Nov 2024

Demat Credit

1 Dec 2024

Listing

3 Dec 2024

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Rajputana Biodiesel Limited Allotment Status

Designated Registrar: Maashitla Securities Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

29 Nov 2024

Basis finalization

Refunds Initiate

30 Nov 2024

Mandate release

Demat Credit

1 Dec 2024

Shares in demat

Listing Debut

3 Dec 2024

Trading begins

How to Check Rajputana Biodiesel Limited IPO Allotment Status

Click the Check on Registrar button above to visit Maashitla Securities Private Limited's allotment portal.
Select Rajputana Biodiesel Limited from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Rajputana Biodiesel Limited Public Issue & Market Profile

Rajputana Biodiesel Limited is bringing an initial public offering (IPO) in the Energy sector with an aggregate issue size of ₹24.7 Crores. The shares are offered at a price band of ₹123 to ₹130 per equity share on NSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2024-11-28, the basis of allotment is scheduled to be finalized on 2024-11-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Maashitla Securities Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.