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
| DRHP | Download |
| RHP | Download |
Ramdevbaba Solvent IPO Reviews
IPOWala – Update Soon
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
BIGSHARE SERVICES PRIVATE LIMITED
Address: Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to
Ahura Centre, Mahakali Caves Road, Andheri (East), Mumbai –
400093
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
CHOICE CAPITAL ADVISORS PRIVATE LIMITED
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