Ramdevbaba Solvent Limited

Ramdevbaba Solvent Limited

SMEClosed

₹1,36,000(1,600 Shares)

Minimum Investment

IPO Dates

Apr 15, 2024 – Apr 18, 2024

Price Band

₹80–85 per equity share

Lot Size

1600

Listing

Apr 23, 2024

Listing At

NSE SME

Apr 15, 2024Open DateCompleted
Apr 18, 2024Close DateCompleted
TBAAllotment DateUpcoming
Apr 23, 2024Listing DateCompleted

Ramdevbaba Solvent Limited Live Subscription Details

All IPOs
Retail79.96x
QIB / NII0.00x

Overall Subscription

Total Bids Received

126.29x

Ramdevbaba Solvent Limited IPO Issue Details

Issue Price
₹80-85 Per Equity Share
Face Value
₹10 Per Equity Share
Fresh Share
59,13,600 shares(aggregating up to ₹50.27 crore)
Listing At
NSE SME
Listing Date
Apr 23, 2024
Registrar
Bigshare Services Pvt Ltd

Reservation Details

NII14.2%

Shares Offered

8,40,000

QIB18.94%

Shares Offered

11,20,000

Anchor28.41%

Shares Offered

16,80,000

Market Maker5.3%

Shares Offered

3,13,600

Company Information

Ramdevbaba Solvent Limited, established in 2008, produces and distributes physically refined rice bran oil.The Company manufactures, distributes, markets, and sells rice bran oil to FMCG companies, in...

Valuations

EPS (Pre-IPO)

8.02

EPS (Post-IPO)

5.00

P/E (Pre-IPO)

10.6

P/E (Post-IPO)

17.02

RoNW

14.24%

PAT Margin

1.79%

P/B Value

1.83

Objectives of the Issue

  1. 1Setting up of new manufacturing facility
  2. 2Repayment in full or in part, of certain outstanding borrowings
  3. 3Funding the working capital requirements of the company
  4. 4General corporate purposes.

Ramdevbaba Solvent Limited – Promoter(s)

Prashant Kisanlal Bhaiya
Nilesh Suresh Mohata
Tushar Ramesh Mohata

Contact Details

Corporate Office

Bhaiya Building, Anaj Bazar, Itwari, Nagpur -440 002

+91 0712-7968 189

cs@rbsl.co.in

Visit Website

Ramdevbaba Solvent Limited Allotment & Registrar Details

Check Allotment

Bigshare Services Pvt Ltd

+91-22-6263 8200

ipo@bigshareonline.com

Visit Registrar Website

Ramdevbaba Solvent Limited IPO Documents

Frequently Asked Questions — Ramdevbaba Solvent Limited IPO

The Ramdevbaba Solvent Limited IPO price band is set at ₹80.00 to ₹85.00 per equity share.

The lot size for Ramdevbaba Solvent Limited IPO is 1600 shares per lot. The minimum investment amount is approximately ₹1,36,000.

The Ramdevbaba Solvent Limited IPO opens on Apr 15, 2024 and closes on Apr 18, 2024.

Ramdevbaba Solvent Limited IPO is expected to be listed on Apr 23, 2024 on NSE SME.

The registrar for Ramdevbaba Solvent Limited IPO is Bigshare Services Pvt Ltd. You can contact them at ipo@bigshareonline.com.

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