
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
+103.8%
Est. Listing
₹265
at current GMP
Subscribed
719.01x
overall
Open
26 Nov 2024
Close
28 Nov 2024
Allotment
29 Nov 2024
Refund
30 Nov 2024
Demat Credit
1 Dec 2024
Listing
3 Dec 2024
Overall Subscription
719.01x
Total Demand
QIB Multiplier
177.38x
Institutions & Funds
NII / HNI
1346.53x
High Net-Worth
Retail (RII)
746.72x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 345,000 | 61,197,000 | 177.38x |
| NIB | 270,000 | 363,562,000 | 1346.53x |
| RETAIL | 629,000 | 469,690,000 | 746.72x |
| Total | 1,244,000 | 894,449,000 | 719.01x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| QIB | — | 92 | 0.00x |
| NIB | — | 43,045 | 0.00x |
| RETAIL | — | 469,690 | 0.00x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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.
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.
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.
The latest Grey Market Premium (GMP) for Rajputana Biodiesel Limited IPO is ₹135 per equity share. Based on the upper price band of ₹123 to ₹130 per equity share, the estimated listing price is ₹265 (+103.8% expected listing gain).
With a lot size of 1000 shares and current GMP of ₹135, the expected profit per application lot is approx ₹1,35,000 (+103.8% gain). Minimum application cost is approx ₹1,30,000.
The Rajputana Biodiesel Limited IPO aggregate issue size is ₹24.7 Crores with an equity price band set at ₹123 to ₹130 per equity share. The retail lot size is 1000 shares requiring a minimum capital outlay of approx. ₹1,30,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 719.01x (Retail: 746.72x, QIB: 177.38x, NII: 1346.53x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Maashitla Securities Private Limited) and the BSE status verification website on or around 2024-11-29. Investors can verify status using PAN card or application number.
Rajputana Biodiesel Limited shares are scheduled to list on NSE on 2024-12-03.