Ramdevbaba Solvent Ltd IPO

Listed Listed stocks

IPO Details

  • Bidding 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 /--

About The Company

'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.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    83.7x

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FAQs for Ramdevbaba Solvent Ltd.

The issue size of Ramdevbaba Solvent Ltd is ₹50.27 Cr.

Ramdevbaba Solvent Ltd falls into Food Processing industry.

The Ramdevbaba Solvent Ltd IPO will be listed on BSE.

The open and close dates for the Ramdevbaba Solvent Ltd are 15-Apr-2024 & 18-Apr-2024.

The price band for the Ramdevbaba Solvent Ltd ipo is ₹80 to ₹85

The listing date of Ramdevbaba Solvent Ltd IPO is 23-Apr-2024.

The purpose of this IPO is to raise fresh capital.

Ramdevbaba Solvent Ltd total subscription ratio is 83.7X.

Key financial of the Ramdevbaba Solvent Ltd are:


Ramdevbaba Solvent Ltd FY-23 FY-22 FY-21
Revenue (₹ Cr) 697.75 582.88 423.93
EBIT (₹ Cr) 16.3 11.94 9.05
Proft after Tax (₹ Cr) 13 6.59 6.17
Debt (₹ Cr) 99.23 64.86 44.74
Net Worth (₹ Cr) 47.83 34.83 28.24
RoE (%) 27.18 18.92 21.85