Rajgor Castor Derivatives IPO: The Rs 47.81 crore Rajgor Castor Derivatives IPO is a book-built offering. The issue consists of an offer to sell 6.66 lakh shares, valued at Rs 3.33 crores, and a new issuance of 88.95 lakh shares, valued at Rs 44.48 crores. The IPO pricing range for Rajgor Castor Derivatives is ₹47 to ₹50 per share. An application must have a minimum lot size of 3000 shares. Retail investors are needed to invest a minimum of ₹150,00. HNI investments require a minimum lot size of two lots, or 6,000 shares, totaling ₹300,000.
On October 17, 2023, subscriptions for the Rajgor Castor Derivatives IPO open, and it closes on October 20, 2023. On Thursday, October 26, 2023, the allocation for the Rajgor Castor Derivatives IPO is anticipated to be completed. The tentative listing date for the Rajgor Castor Derivatives Initial Public Offering (IPO) is Tuesday, October 31, 2023, on NSE SME.
Beeline Capital Advisors Pvt Ltd is the book running lead manager for the Rajgor Castor Derivatives IPO, while Link Intime India Private Ltd is the registrar. The market maker for the Rajgor Castor Derivatives IPO is Spread X Securities.
Rajgor Castor Derivatives IPO Overview
| Rajgor Castor Derivatives Limited Company Overview | |
|---|---|
| Company Name | Rajgor Castor Derivatives Limited |
| IPO Opening Date | 17 October, 2023 |
| IPO Closing Date | 20 October, 2023 |
| Face Value | 10₹ Per Share |
| Share Price Range | 47₹ – 50₹ |
| Lot Size | 3000 Shares Per Lot |
| GMP | Check Here |
| Issue Type | Book Built Issue |
| Total IPO Issue Size | 9,561,000 Shares |
| Fresh Issue Size | 8,895,000 Shares |
| IPO Listing At | NSE SME |
| Share Holding Pre Issue | 15,020,852 |
| Share Holding Post Issue | 23,915,852 |
| More IPO’s | Check Here |
Rajgor Castor Derivatives IPO Lot Size
Investors may make a minimum offer of 3000 shares and an amount greater than that. The minimum and highest investments made by retail investors and HNI in terms of shares and money are shown in the table below.
| Rajgor Castor Derivatives Limited IPO Lot Size | |
|---|---|
| Minimum Retail Applications | 01 Lot |
| Maximum Retail Applications | 01 Lot |
| Minimum HNI Applications | 02 Lots |
| Total Shares In Single Lot | 3000 Shares |
| Amount For Single Lot | ₹150,000 |
Rajgor Castor Derivatives IPO Time Table (Tentative)
The IPO for Rajgor Castor Derivatives starts on October , 2023, and ends on October , 2023.
| Rajgor Castor Derivatives Limited IPO Time Table Complete Details | |
|---|---|
| IPO Initiation Date | 17 October, 2023 |
| IPO Ending Date | 20 October, 2023 |
| Basis Of Allotment | 26 October, 2023 |
| Initiation Of Refund | 27 October, 2023 |
| Shares Credit To Demat Account | 30 October, 2023 |
| Date Of Listing | 31 October, 2023 |
| Cut Off Time For UPI Mandate Confirmation | 05:00 PM, 20 October, 2023 |
Rajgor Castor Derivatives IPO Reservation Details
| Rajgor Castor Derivatives Limited IPO Reservation Overview | |
|---|---|
| Shares Offered To Retailers | Not Less Than 35% Of Net Offer |
| Shares Offered To HNI | Not Less Than 15% Of Net Offer |
| Shares Offered To QIB | Not More Than 50% Of Net Offer |
Rajgor Castor Derivatives Company Financials
| Rajgor Castor Derivatives Limited Company Financials Information | |
|---|---|
| This Data Is Of | 30 June, 2023 |
| Total Revenue | 11,276.10 |
| Assets | 9847.95 |
| Profit After Tax | 192.57 |
| Net Worth | 2558.24 |
| Reserves And Surplus | 2343.54 |
| Debt | 5178.96 |
| All Amount In ₹ Lakh | |
Rajgor Castor Derivatives Promoters Holding
| Share Holding Pre Issue | 100% |
| Share Holding Post Issue | – |
Rajgor Castor Derivatives Key Performance Indicators
| Rajgor Castor Derivatives Limited Key Performance Indicators | |
|---|---|
| KPI | Values |
| Market Capitalization (In Cr.) | 119.58 Cr |
| Post P/E (X) | 15.48 |
| EPS | 30.06 |
| ROE | 43.19% |
| ROCE | 22.97% |
| RoNW | 23.44% |
Is Rajgor Castor Derivatives IPO Contact Details.
| Rajgor Castor Derivatives Limited Contact Details | |
|---|---|
| Company Address | 807, Titanium One, Nr. Pakwan Cross Road, Ahmedabad |
| Phone | 9898926368 |
| cs@rajgorcastor.com | |
| Website | https://www.rajgorcastor.com/ |
Is Rajgor Castor Derivatives IPO Good Or Bad To Buy?
The business that RCDL is in is the production of derivatives connected to castor oil, which is in high demand. After the epidemic, the company increased its activities, and it now has promising future possibilities. Looking at the issue’s annualized earnings for FY24, it looks fully priced. A knowledgeable investor may set aside money for future gains.
What Is The Objective Of Rajgor Castor Derivatives IPO Issue?
The main objective’s of Rajgor Castor Derivatives IPO issue are :-
- In order to Fulfill Working Capital Needs.
- Overarching Company Objective.
- To pay for the Public Offer
How To Apply For Rajgor Castor Derivatives IPO?
The Rajgor Castor Derivatives IPO application form and payment can both be completed online. You can access the ASBA IPO application by using your bank account’s net banking capability. Brokers who do not supply banking services are the ones who provide UPI IPO applications. More information about utilizing Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank to apply online for an IPO can be found on this page.
When Is Rajgor Castor Derivatives IPO Allotment?
The allotment for Rajgor Castor Derivatives IPO Is October 26, 2023.