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Rajputana Biodiesel IPO: Unlisted shares of Rajputana Biodiesel Ltd were trading at Rs 230 each in the grey market on Monday, which was a substantial Rs 100 or 76.92 percent over the concern cost of Rs 100 per share.
Rajputana Biodiesel IPO.
Rajputana Biodiesel IPO GMP: The going public of Rajputana Biodiesel, which is mosting likely to be shut on Thursday, has actually obtained over 146 times membership until now. Till 10:47 get on the last day of bidding process on Thursday, the Rs 24.70-crore SME IPO obtained a 146.05 times membership amassing quotes for 18,16,83,000 shares as versus the 12,44,000 shares available.
The IPO was opened up on November 26. Its cost band has actually been repaired at Rs 123 and Rs 130 each.
So much, the section for non-institutional capitalists drew in 140.94 times membership, while the certified institutional customers (QIBs) component obtained subscribed 1.56 times. The group for retail private capitalists (RIIs) brought 227.49 times membership.
Rajputana Biodiesel Limited, which was started in 2016, creates and provides biofuels and their byproducts, specifically glycerine and fats.
Rajputana Biodiesel IPO GMP Today
According to market viewers, unpublished shares of Rajputana Biodiesel Ltd were trading at Rs 230 each in the grey market on Thursday, which was a substantial Rs 100 or 76.92 percent over the concern cost of Rs 100 per share. The big Rs 100 GMP shows a smash hit listing of the IPO.
The GMP is based upon market beliefs and maintains transforming. ‘Grey market premium’ shows capitalists’ preparedness to pay greater than the concern cost.
Rajputana Biodiesel IPO: More Details
The IPO is totally a fresh concern of 19 lakh shares.
The Rajputana Biodiesel IPO, which was opened up for membership on November 26, will certainly be shut on November 28, 2024. Its IPO quantity is anticipated to be settled on Friday, November 29, 2024.
Rajputana Biodiesel’s listing is set up to occur on the on NSE SME on December 3, 2024.
The cost band of the Rajputana Biodiesel IPO has actually been repaired at Rs 123 to Rs 130 per share. The minimal whole lot dimension for an application is 1,000 shares. The minimal quantity of financial investment called for by retail capitalists is Rs 1,30,000. The minimal whole lot dimension financial investment for HNI is 2 great deals (2,000 shares) totaling up to Rs 2,60,000.
GYR Capital Advisors Private Limited is guide running lead supervisor of the Rajputana Biodiesel IPO, while Maashitla Securities Private Limited is the registrar for the concern. The market manufacturer for Rajputana Biodiesel IPO is Giriraj Stock Broking.
Rajputana Biodiesel Ltd’s profits enhanced by 128 percent and earnings after tax obligation (RUB) climbed by 168 percent in between the fiscal year finishing with March 31, 2024 and March 31, 2023.
