Ramdevbaba Solvent
Ramdevbaba Solvent Info
Details about the Ramdevbaba Solvent IPO. Opening Date of Ramdevbaba Solvent is 15 Apr 24 and Closing Date is 18 Apr 24 . Face Value of Each share of Ramdevbaba Solvent is ₹10 per share. Price band of Ramdevbaba Solvent is ₹80 to ₹85. The Lot size of Ramdevbaba Solvent is 1,600 shares. Total issue size of Ramdevbaba Solvent IPO is ₹50.27 cr. Fresh Issue of Ramdevbaba Solvent IPO is 50.27 cr. This is a Book Building IPO. Expected to list on NSE SME. Share Holding Pre Issue of Ramdevbaba Solvent is 16,211,750. Share Holding Post Issue of Ramdevbaba Solvent is 22,125,350.
Business Summary
Ramdevbaba Solvent is in the business of manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil (“Rice Bran Oil”).
Ramdevbaba Solvent manufacture and sell Rice Bran Oil to FMCG companies amongst others, Mother Dairy Fruit & Vegetable Private Limited, Marico Limited and Empire Spices and Foods Ltd. Ramdevbaba Solvent also manufacture, market and sell Rice Bran Oil under our own brands “Tulsi” and “Sehat” through thirty-eight (38) distributors who in turn sell to various retailers across Maharashtra.
Ramdevbaba Solvent 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.
Company have two (2) Manufacturing Facilities out of which one is situated at Bramhapuri near Nagpur, Maharashtra and another one is situated at Mahadula near Nagpur, Maharashtra.
Ramdevbaba Solvent IPO Details
| Open Date | 15 Apr 24 |
|---|---|
| Close Date | 18 Apr 24 |
| Face Value | ₹10 per shares |
| Price Band | ₹80 - ₹85 |
| Lot Size | 1,600 Shares |
| Total issue Size | 5,913,600 Shares ₹50.27 cr |
| Fresh Issue | 5,913,600 Shares ₹50.27 cr |
| Issue Type | Book Building |
| Listing At | NSE SME |
| Share Holding Pre Issue | 16,211,750 |
| Share Holding Post Issue | 22,125,350 |
| Market Maker | Choice Equity Broking |
| Market Maker Portion | 281,600 Shares |
| RHP , DHRP | View RHP, View DRHP |
Ramdevbaba Solvent IPO Timeline
The Ramdevbaba Solvent Initial Public Offering (IPO) is set to open on 15 Apr 24 and will end its subscription phase on 18 Apr 24. You can check your allotment status for Ramdevbaba Solvent on 19 Apr 24. The refund process for your funds will start promptly on 22 Apr 24. Ramdevbaba Solvent IPO credit of shares will be on 22 Apr 24. The listing date for Ramdevbaba Solvent is on 23 Apr 24.
Open Date
Close Date
Basis Of Allotment
Initialization of Refund
Credit of Share
Listing Date
Ramdevbaba Solvent IPO Reservation
The Ramdevbaba Solvent IPO reserves shares for different investor categories. Approximately Not More than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
281,600 Shares will be reserved for subscription by Choice Equity Broking
| Investor Category | Shares Offered |
|---|---|
| QIB | Not More than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Ramdevbaba Solvent IPO Lot Size
Bids can be made for minimum of 1600 shares and in multiple of 1600 equity shares thereafter
| Application | Lot | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | 136,000 |
| Retail (Max) | 1 | 1,600 | 136,000 |
| HNI (Min) | 2 | 3,200 | 272,000 |
Ramdevbaba Solvent IPO Promoters Holding
Promoters holding details for Ramdevbaba Solvent in the current issue is as follows: The share holding of promoters before the issue stands at 81.01%, and after the issue, it has been adjusted to -%.
Promoters of Ramdevbaba Solvent are Prashant Kisanlal Bhaiya, Nilesh Suresh Mohata, Tushar Ramesh Mohata, Aayush Prashant Bhaiya, Prashant Kisahnlal Bhaiya (Huf), Mohata Nilesh Suresh (Huf), Kishanlal Prashant (Huf), Prashant & Ayush (Huf), Prashant Prateek (Huf),
| Share Holding Pre Issue | 81.01% |
|---|---|
| Share Holding Post Issue | -% |
Ramdevbaba Solvent Financial Information
Financial performance details for Ramdevbaba Solvent over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 31 Dec 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| Assets | 20,341.24 | 19,062.61 | 13,134.86 | 10,125.05 |
| Revenue | 46,569.81 | 70,433.41 | 58,525.46 | 42,717.32 |
| Profit After Tax | 828.9 | 1,300.15 | 659.15 | 617.06 |
Ramdevbaba Solvent IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Ramdevbaba Solvent are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 10.6 |
| ROCE | 10.76% |
| RoNW | 14.24% |
| EPS (Rs) | 8.02 |
Object of the Issue
- • Setting up of new manufacturing facility
- • Repayment in full or in part, of certain of our outstanding borrowings
- • Funding the working capital requirements of our Company
- • General corporate purposes
Contact Details for Ramdevbaba Solvent
Registrar Details for Ramdevbaba Solvent
Bigshare Services Pvt Ltd
Phone
Office
S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Centre, Mahakali Caves Road, Andheri (East) Mumbai – 400093 MH, India.
Lead Manager
- • Choice Capital Advisors Pvt Ltd