Ramdevbaba Solvent IPO Date, GMP, Review, Price, Form & Market Lot Details

The Ramdevbaba Solvent IPO has begun on 15-April-2024. It will close on 18-April-2024. The Total IPO Size is 50.27 Crores. The company set its IPO price is 85 Rs Per Share. Basically, There are three basic categories in Ramdevbaba Solvent IPO Subscription 1) NII 2) Retail Individual Investors (RIIs) 3) QIB.

Ramdevbaba Solvent are in the business of manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil (Rice Bran Oil).

They manufacture and sell Rice Bran Oil to FMCG companies like Mother Dairy Fruit & Vegetable Private Limited, Marico Limited and Empire Spices and Foods Ltd. They also manufacture, market and sell Rice Bran Oil under their own brands “Tulsi and ―Sehat” through 38 distributors who in turn sell to various retailers across Maharashtra state.

They also produce De-oiled Rice Bran (DORB), which is a by-product in the extraction of Rice Bran Oil and sell the same as cattle feed, poultry feed and fish feed in the States of Maharashtra, Goa, Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana, Karnataka, Kerala and Tamil Nadu.

The Other by-products such as fatty acid, lecithin, gums, spent earth and wax are sold in the open market.

The Manufacturing Facilities (1) in Mahadula (2) in Bramhapuri near Nagpur, in the State of Maharashtra, which are strategically located in Central India.

Check :- Upcoming SME IPO 2024

Ramdevbaba Solvent IPO Promotor Holding

Prashant Kisanlal Bhaiya, Nilesh Suresh Mohata, and Tushar Ramesh Mohata are the promoters of the company.

Ramdevbaba Solvent IPO Date, Details & Price Band

IPO Opening Dates 15-April-2024
IPO Closing Dates 18-April-2024
Price Band 80-85 Rs
Fresh Issue 50.27 Crore
Total IPO size 50.27 Crore
Minimum bid (lot size) 1600 Shares
Face Value 10 INR Per Share
Listing On NSE SME

Ramdevbaba Solvent IPO Market Lot

The Ramdevbaba Solvent IPO minimum market lot is 1600 shares With 136,000 ₹ Amount per application.

Lot No of Shares Amount
Minimum 1 1600 136,000 Rs
Maximum 1 1600 136,000 Rs
S-HNI (Min) 2 3200 272,000 Rs

Restated Financial Record of the three year (Amt. in Lakhs)

Total Assets Total Revenue Profit After Tax
31-Mar-23 19,062.61 70,433.41 1,300.15
31-Mar-22 13,134.86 58,525.46 659.15
31-Mar-21 10,125.05 42,717.32 617.06

Ramdevbaba Solvent IPO GMP Grey Market Premium

Ramdevbaba Solvent IPO GMP Grey market premium has been started today. Check Latest Ramdevbaba Solvent IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.

Ramdevbaba Solvent IPO Prospectus

Ramdevbaba Solvent IPO
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Ramdevbaba Solvent IPO Reviews

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Ramdevbaba Solvent IPO Form Download

Ramdevbaba Solvent IPO is available on NSE Website as well as on our Portal. Please click here Ramdevbaba Solvent IPO form Download.

Ramdevbaba Solvent IPO Allotment Date & Details

Allotment Date 19-April-2024
Initiation of refunds 22-April-2024
Transfer of shares to Demat accounts 22-April-2024
Listing Date 23-April-2024
Check Allotment Status Click here

Registrar of Ramdevbaba Solvent IPO

Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to
Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai –
Tel No.: +91 22-62638200
Website: www.bigshareonline.com
E-Mail: [email protected]
Contact Person: Mr. Sagar Pathare
SEBI Reg. No.: INR000001385

Ramdevbaba Solvent Contact Details

Ramdevbaba Solvent Limited
Bhaiya Building,
Anaj Bazar, Itwari,
Nagpur – 440 002
Phone: +91 0712-7968 189
Email: [email protected]
Website: http://www.ramdevbabasol.com/

Ramdevbaba Solvent IPO Lead Managers

Sunil Patodia Tower, Plot No. 156-158,
J.B. Nagar, Andheri (East),
Mumbai, 400 099,
Maharashtra, India
Tel: +91 22 6707 9999 / 7919
E-mail: [email protected]
Website: www.choiceindia.com/merchant-investment-banking
Investor grievance e-mail: [email protected]
Contact Person: Nimisha Joshi/ Shreya Poddar
SEBI Registration No.: INM000011872