Recently Viewed
Clear AllBidding Date
15-Apr-2024 to
18-Apr-2024
Issue Size
₹50.27 Cr
Price Band
₹80 to ₹85
Allotment date
19-Apr-2024
Listing date
23-Apr-2024
Lot size
1600
No. of shares
59,13,600
Fresh issue/OFS
₹50.27 Cr /--
'Ramdevbaba Solvent Limited', incorporated in Maharashtra at Mumbai. commenced operations on November 25, 2008. The company specializes in the production and distribution of physically refined Rice Bran Oil, catering to both FMCG companies and retail consumers. Additionally, they produce De-oiled Rice Bran (DORB) as a by-product in the extraction process of Rice Bran Oil. DORB is sold as cattle feed, poultry feed, and fish feed across several states in India. Other by-products such as fatty acids, lecithin, gums, spent earth, and wax are also sold in the open market. The company owns and operates two manufacturing facilities strategically located in Central India: one in Mahadula and the other in Bramhapuri near Nagpur, both in the state of Maharashtra.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
83.7x
The issue size of Ramdevbaba Solvent is ₹50.27 Cr.
Ramdevbaba Solvent falls into Food Processing industry.
The Ramdevbaba Solvent IPO will be listed on BSE.
The open and close dates for the Ramdevbaba Solvent are 15-Apr-2024 & 18-Apr-2024.
The price band for the Ramdevbaba Solvent ipo is ₹80 to ₹85
The listing date of Ramdevbaba Solvent IPO is 23-Apr-2024.
The purpose of this IPO is to raise fresh capital.
Ramdevbaba Solvent total subscription ratio is 83.7X.
Key financial of the Ramdevbaba Solvent are:
| Ramdevbaba Solvent | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 686.44 | 697.75 | 582.88 | 423.93 |
| EBIT (₹ Cr) | 20.88 | 16.3 | 11.94 | 9.05 |
| Proft after Tax (₹ Cr) | 13.03 | 14.69 | 6.59 | 6.17 |
| Debt (₹ Cr) | 192.07 | 99.23 | 64.86 | 44.74 |
| Net Worth (₹ Cr) | 90.26 | 47.83 | 34.83 | 28.24 |
| RoE (%) | 14.44 | 30.71 | 18.92 | 21.85 |