The IPO date for Rajgor Castor Derivatives has been confirmed. The IPO will begin on October 17 and end on October 20. Rajgor Castor Derivatives is an NSE SME IPO that will raise 47.81 crores through the IPO. The Rajgor Castor Derivatives IPO price band is set at 47 to 50 cents per share, with a market lot of 3000 shares.
Rajgor Castor Derivatives Limited has begun producing for the local market refined castor oil first stage grade (F.S.G.), castor de-olived cake, and high-protein castor de-olived cake. They currently operate on a B2B business model and provide castor oil and its derivatives to their customers. They focus on operations related to quality control, inventory management, and company development because they are currently operating under a B2B business model. As a customer-centric organization, its primary goal is to achieve complete client pleasure by providing high-
quality products. The company attempts to deliver items that provide their clients with the desired finish and quality at all times. In addition, their ethical business practices, transparent business dealings, and prompt product delivery assist them in maintaining cordial relationships with their clients.
Testing laboratories are located on the premises of production plants. To ensure a smooth manufacturing process, their manufacturing plant features a well-equipped quality control department with skilled people. They have an in-house testing laboratory and the infrastructure needed to ensure that their raw materials and completed goods meet the quality requirements established by their clients. To give quality output to their customers at cheap costs, all of their products are created precisely according to quality standards, utilizing the expertise of their experienced team. The company has made a name for itself in domestic markets. Gujarat, Delhi, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh, and Uttarakhand are among the states where they sell their products.
Rajgor Castor strives for client satisfaction through continual improvement, process innovation, and quality maintenance. They concentrate on providing high-quality items in order to boost client satisfaction and establish a positive brand image in the industry. Their leadership and staff have enabled them to retain ongoing customer relationships, resulting in repeat order flows. The goal is to expand their operations across India and make their brand a recognized name in the business.
Rajgor Castor Derivatives IPO Date & Price Band Details.
| IPO Open: | October 17, 2023 |
| IPO Close: | October 20, 2023 |
| IPO Size: | Approx ₹47.81 Crores, 9,561,000 Equity Shares |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹47 to ₹50 Per Equity Share |
| IPO Listing on: | NSE SME |
| Retail Quota: | 35% of the net offer |
| QIB Quota: | 50% of the net offer |
| NII Quota: | 15% of the net offer |
Objects of the Issue:
- To Meet Working Capital Requirements.
- General Corporate Purpose.
- To meet Public Offer Expenses
Rajgor Castor Derivatives IPO Review
- To be updated soon
Rajgor Castor Derivatives IPO Market Lot
The Rajgor Castor Derivatives IPO minimum market lot is 3000 shares with a ₹150,000 application amount.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 3000 | ₹150,000 |
| Retail Maximum | 1 | 3000 | ₹150,000 |
| S-HNI Minimum | 2 | 6000 | ₹300,000 |
Rajgor Castor Derivatives IPO Dates
The Rajgor Castor Derivatives IPO date is October 17 and the IPO close date is October 20. The IPO allotment date is October 26 and the IPO might list on October 31.
| IPO Open Date: | October 17, 2023 |
| IPO Close Date: | October 20, 2023 |
| Basis of Allotment: | October 26, 2023 |
| Refunds: | October 27, 2023 |
| Credit to Demat Account: | October 30, 2023 |
| IPO Listing Date: | October 31, 2023 |
Rajgor Castor Derivatives IPO Form
How to apply Rajgor Castor Derivatives IPO? –> You can apply for Rajgor Castor Derivatives IPO using your bank account’s ASBA. Simply go into your online bank and apply using your bank account by selecting the Rajgor Castor Derivatives IPO in the Invest section. You can also apply for the Rajgor Castor Derivatives IPO by downloading IPO forms from the NSE website.
Rajgor Castor Derivatives Company Financial Report
| Year (₹ in Crores) | Revenue | Expense | PAT |
|---|---|---|---|
| 2021 | ₹11.00 | ₹13.53 | ₹1.80 |
| 2022 | ₹40.91 | ₹40.59 | ₹0.52 |
| 2023 | ₹428.87 | ₹420.23 | ₹5.54 |
Rajgor Castor Derivatives IPO Valuation – FY2023
Check Rajgor Castor Derivatives IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹30.06 per Equity Share |
| Price/Earning P/E Ratio: | 30.06 |
| Return on Net Worth (RoNW): | 23.44% |
| Net Asset Value (NAV): | ₹15.75 per Equity Share |
Peer Group
- Jayant Agro Organics Limited
- NK Industries Limited
Rajgor Castor Derivatives IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in
Company Address
Rajgor Castor Derivatives Limited
807, Titanium One, Nr. Pakwan Cross Road,
Nr. Shabri Water Works, S.G. Highway
Bodakdev, Ahmedabad-380054
Phone: +91 9898926368
Email: [email protected]
Website: https://www.rajgorcastor.com
Company Promoters
- Mr. Brijeshkumar Vasantlal Rajgor
- Mr. Vasantkumar Shankarlal Rajgor
- Mr. Maheshkumar Shankarlal Rajgor
Rajgor Castor Derivatives IPO Lead Managers aka Merchant Bankers
- Beeline Capital Advisors Pvt Ltd
Rajgor Castor Derivatives IPO FAQs
Q1. What is Rajgor Castor Derivatives IPO?
Ans. Rajgor Castor Derivatives IPO is an NSE SME IPO. They are going to raise ₹47.81 Crores via IPO. The issue is priced at ₹47 to ₹50 per equity share. The IPO is to be listed on NSE.
Q2. When Rajgor Castor Derivatives IPO will open?
Ans. The IPO is to open on October 17, 2023 for QIB, NII, and Retail Investors.
Q3. What is Rajgor Castor Derivatives IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the Rajgor Castor Derivatives IPO?
Ans. You can apply Rajgor Castor Derivatives IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the Rajgor Castor Derivatives IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Rajgor Castor Derivatives”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the Rajgor Castor Derivatives IPO through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Rajgor Castor Derivatives”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the Rajgor Castor Derivatives IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Rajgor Castor Derivatives”. Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is Rajgor Castor Derivatives IPO Size?
Ans. Rajgor Castor Derivatives IPO size is ₹47.81 crores.
Q9. What is Rajgor Castor Derivatives IPO Price Band?
Ans. Rajgor Castor Derivatives IPO Price Band is ₹47 to ₹50 per equity share.
Q10. What is Rajgor Castor Derivatives IPO Minimum and Maximum Lot Size?
Ans. The IPO bid is 3000 shares with ₹150,000.
Q11. What is Rajgor Castor Derivatives IPO Allotment Date?
Ans. Rajgor Castor Derivatives IPO allotment date is October 26, 2023.
Q12. What is Rajgor Castor Derivatives IPO Listing Date?
Ans. Rajgor Castor Derivatives IPO listing date is October 31, 2023. The IPO to list on NSE SME.
