Rajgor Castor Derivatives IPO Date, GMP, Price, Analysis and Review

Rajgor Castor Derivatives Ltd, owned by the Rajgor family, is a well-established manufacturer and supplier specializing in castor oil and its derivatives. The company boasts a robust production capacity of 450 Metric Tonnes per day for castor products. Founded in 2018, it transitioned into a public limited company in 2022, quickly emerging as a prominent player in the manufacturing, export, and supply of castor oil and its derivatives.

The company operates across three primary product lines:

  1. Castor Meal: Also known as castor residue, castor extract, and de-oiled castor cake, this product is derived from castor seeds. The process involves extracting oil and producing a castor de-oiled cake, which is rich in protein and essential nutrients. Nitrogen content aids in chlorophyll formation crucial for photosynthesis, phosphorus promotes root development, and potassium enhances plant resistance to diseases.
  2. High Protein Castor Meal (HPCM): HPCM is a valuable by-product obtained during the castor oil extraction process from castor seeds. It serves as a high-quality livestock feed supplement, providing a source of protein, essential amino acids, and vital nutrients for the growth and development of livestock and poultry.
  3. Refined Castor Oil: Produced by crushing steam-cooked castor seeds, refined castor oil is insoluble in water. This product is a fundamental component, serving as a lubricant in tablet coatings for vitamins and minerals. It also acts as a raw material for manufacturing value-added castor oil derivatives.

Rajgor Castor Derivatives Ltd has firmly established itself as a reliable player in the castor oil and derivatives industry, driven by its commitment to quality and diverse product offerings.

Rajgor castor derivatives

Rajgor Castor Derivatives

Share Price
Lot Size

Bidding Starts

17 Oct, 23

Bidding Ends

20 Oct, 23

Allotment Date*

26 Oct, 23

Listing Date

31 Oct, 23

* Refund is a 7-10 days process. If you don’t get refund then please contact your bank.

Allotment Status Check

Objects of the Issue (Rajgor Castor Derivatives IPO Objectives)

The funds generated from the Fresh Issue will be allocated for the following purposes:

  1. Meeting Working Capital Needs
  2. General Corporate Purposes
  3. Covering Public Offering Expenses

Rajgor Castor Derivatives IPO Details

The Rajgor Castor Derivatives IPO is a book-built issue with a total value of Rs 47.81 crores. This issue comprises a fresh issue of 88.95 lakh shares, amounting to Rs 44.48 crores, and an offer for sale of 6.66 lakh shares, totaling Rs 3.33 crores.

IPO DateOctober 17, 2023 to October 20, 2023
Listing DateOctober 31, 2023
Face Value₹10 per share
Price Band₹47 to ₹50 per share
Lot Size3000 Shares
Total Issue Size9,561,000 shares
(aggregating up to ₹47.81 Cr)
Fresh Issue8,895,000 shares
(aggregating up to ₹44.48 Cr)
Offer for Sale666,000 shares of ₹10
(aggregating up to ₹3.33 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Share holding pre issue15,020,852
Share holding post issue23,915,852
Market Maker portion501,000 shares
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Rajgor Castor Derivatives IPO Detail

Rajgor Castor Derivatives IPO Reservation

Investor CategoryShares Offered
QIB Shares OfferedNot more than 50.00% of the Net offer
Retail Shares OfferedNot less than 35.00% of the Offer
NII (HNI) Shares OfferedNot less than 15.00% of the Offer
Rajgor Castor Derivatives IPO Reservation

Rajgor Castor Derivatives IPO Lot Size

Investors can bid for a minimum of 3000 shares, in increments of 3000 shares. See the table below for the minimum and maximum investment limits for both retail investors and HNIs in shares and amounts.

Retail (Min)13000₹150,000
Retail (Max)13000₹150,000
HNI (Min)26,000₹300,000
Rajgor Castor Derivatives IPO Lot Size

Rajgor Castor Derivatives IPO Dates

Rajgor Castor Derivatives IPO opens on October 17, 2023, and closes on October 20, 2023.

IPO Open DateTuesday, October 17, 2023
IPO Close DateFriday, October 20, 2023
Basis of AllotmentThursday, October 26, 2023
Initiation of RefundsFriday, October 27, 2023
Credit of Shares to DematMonday, October 30, 2023
Listing DateTuesday, October 31, 2023
Cut-off time for UPI mandate confirmation5 PM on October 20, 2023
Rajgor Castor Derivatives IPO Date

Rajgor Castor Derivatives Limited Financial Report

Rajgor Castor Derivatives Limited witnessed a significant decline in revenue, with a decrease of -73.71%, and a corresponding decrease in profit after tax (PAT) by -65.27% between the financial years ending on June 30, 2023, and March 31, 2023.

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Profit After Tax192.57554.4752.19-180.18-97.02
Net Worth2,558.242,365.55201.90149.71
Reserves and Surplus2,343.542,150.97190.12137.93318.12
Total Borrowing5,178.964,450.931,809.512,286.28
Amount in ₹ Lakhs

Key Performance Indicator of Rajgor Castor Derivatives

EPS (Rs)30.06
Key Performance Indicator of Rajgor Castor Derivatives Ltd

Rajgor Castor Derivatives IPO Anchor Investors Details

Rajgor Castor Derivatives IPO secured Rs 13.56 crore in investments from anchor investors on October 16, 2023.

Bid DateOctober 16, 2023
Shares Offered2,712,000
Anchor Portion Size (In Cr.)13.56
Anchor lock-in period end date for 50% shares (30 Days)December 11, 2023
Anchor lock-in period end date for remaining shares (90 Days)March 5, 2024
Rajgor Castor Derivatives IPO Anchor Investors Detail

Rajgor Castor Derivatives IPO Promoter Holding

Mr. Brijeshkumar Vasantlal Rajgor, Mr. Vasantkumar Shankarlal Rajgor and Mr. Maheshkumar Shankarlal Rajgor are the company’s promoters.

Share Holding Pre Issue100%
Share Holding Post Issue
Rajgor Castor Derivatives IPO Promoter Holding

Rajgor Castor Derivatives IPO Contact Details

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: cs@rajgorcastor.com

Rajgor Castor Derivatives IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: rajgorcastorderivatives.ipo@linkintime.co.in

Rajgor Castor Derivatives IPO FAQs

What is Rajgor Castor Derivatives IPO?

Rajgor Castor Derivatives IPO is a Small and Medium Enterprises (SME) IPO comprising 9,561,000 equity shares with a face value of ₹10, aggregating up to ₹47.81 Crores. The share price for the IPO ranges from ₹47 to ₹50 per share. The minimum order quantity is 3,000 Shares. The IPO subscription window is open from October 17, 2023, to October 20, 2023. Link Intime India Private Ltd is the registrar for the IPO. The shares are intended to be listed on the NSE SME platform.

How can I apply for Rajgor Castor Derivatives IPO through Zerodha?

Zerodha clients can apply for the Rajgor Castor Derivatives IPO online using the UPI payment gateway. To apply through Zerodha, log in to the Zerodha Console (back office) and complete the IPO application form.

Here are the steps to apply for Rajgor Castor Derivatives IPO via Zerodha:

1. Visit the Zerodha website and sign in to Console.
2. Navigate to the Portfolio section and click on the IPOs link.
3. Find the ‘Rajgor Castor Derivatives IPO’ row and click on the ‘Bid’ button.
4. Enter your UPI ID, the desired Quantity, and Price.
5. Click ‘Submit’ to complete the IPO application form.
6. Visit the UPI App (net banking or BHIM) to approve the mandate.

When does Rajgor Castor Derivatives IPO open?

The Rajgor Castor Derivatives IPO is scheduled to open on October 17, 2023, and will close on October 20, 2023.

What is the lot size for Rajgor Castor Derivatives IPO?

The lot size for Rajgor Castor Derivatives IPO is 3,000 Shares, and the minimum amount required to apply is ₹150,000.

How can I apply for Rajgor Castor Derivatives IPO?

You can apply for Rajgor Castor Derivatives IPO online using either UPI or ASBA as your payment method. ASBA IPO application is available through the net banking service of your bank account, while UPI IPO application is provided by brokers who do not offer banking services. For more details on applying for IPOs online, you can read further information about the process through platforms like Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank, and SBI Bank.

When will Rajgor Castor Derivatives IPO allotment be finalized?

The Basis of Allotment for Rajgor Castor Derivatives IPO is set to be determined on Thursday, October 26, 2023. The allotted shares will be credited to your demat account by Monday, October 30, 2023. You can check the Rajgor Castor Derivatives IPO allotment status on that date.

What is the expected listing date for Rajgor Castor Derivatives IPO?

The listing date for Rajgor Castor Derivatives IPO has not yet been officially announced. However, the tentative date for the IPO listing is Tuesday, October 31, 2023.

Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For IPO latest News, Join our Telegram channel.

Google News - GMP IPO

Related Articles

Leave a Reply

- Advertisement -
Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker!
data hk jokermerah 4d situs slot gacor mudah menang besar piala88 rtp live live rtp surgadewa jericho pm singkatan dari cara bermain slot online yang benar rtp togelsumo live hk hari ini macau dana189 premier league 2023 kode togel sdy hari ini 2023 live draw hk angka jitu pantun dua baris strasbourg fc slot demo seperti aslinya jarwo slot 123 surfer cheat smackdown pain ps2 naga jitu rans nusantara vs borneo fc lirik gorgeous x8 speeder terbaru mencintaimu daftar akun slot via pulsa hoki toto okto88 bintang68 abutoto konoha pengeluaran cambodia hari ini batik 777 mpo288 slot tergacor 2023 jet88bet borahae slot demo pragmatic soft lengkap prediksi togel jitu jet234 slot tambang888 slot pragmatic demen slot nomor jatu hk tdi mlm cimb bank live draw 6d hk super 126 slot angka romawi 18 paito hk warna 6d angkanet japanese emoji qs as sajdah hidup slot rtp play slot77 syair hk 7 april 2023 pangkalantoto syair hk 4d hk buat nanti malam 138 slot demo one ok rock wherever you are lyrics live nomor hk malam ini spesial slot minimal depo 5 ribu takoyaki monas 77 slot kitana cendana 777 bandar judi indonesia bocoran link slot gacor hari ini akun demo slot anti rungkad angka wajib hadir 2d hk warkop4d wap rajahoki777 login istana slot 189 sloth mechanical engineering naruto ultimate ninja 5 prediksi togel hongkong slot demo mahjong ways 3 playstar nomor prediksi hongkong malam ini gambar styrofoam tante colmek dewi 5000 orang joki188 rtp obs188 rtp live bandar999 area 138 lirik lagu last child sukabet365 link menang 123 situs depo 100 bonus 100 live sdy sgp hk hari ini kill bill lyrics liga788max1 prediksi macau 4d slot kilat77 vvip firehouse i live my life for you slot demo gratis olympus 1000 hello jadoo raja77 king football rocker angka bocoran sdy hari ini 2023 kumpulan depo 25 25 oren 4d bocoran angka hk 2024 bonus member baru 150 slot di depan data lengkap singapore probet88 slot online daftar live togel syair prediksi hk situs judi bola via pulsa tanpa potongan dewijoker88 live draw sgp 6d hari ini wla paten188 keren draw hk siang hari ini marsmellow simpatika kemenag login live90 123 jili slots salbutamol inhaler keluaran hk malam ini rr toto bandarslot367 situs game online terpercaya jp slot 138 pstore the old guard 2 bonanza slot88 demo tajir777 kpktoto slot semarjp jago slot superindo88 login napoli vs mpo depo 20 bonus 30 to x5 tafsir mimpi berkelahi megger test burnley fc paito warna hk raja balak 4d flashscore aztec blaze demo slot kamboja4d playmood jokermerah sdy 6d harian macauwin138 asli one game pgs 3 pengeluaran macau 2023 hari ini hk siang 888 serubet juragan prediksi cambodia cara daftar akun demo pragmatic play demo slot gates of gatotkaca mokapog situs gacor 2023 hk fortune bola merah 6d arcoxia 90 mg 1500755 nomor apa candle fokus822 ip man 2 togelon situs slot wuling338 uecl paito angkanet hongkong bahan diadora model pisau terbaik usd 777 kilat88 kode alam kecoa jadwal sea games 2023 mobile legend sultan king slot kuda jitu slot 150 baht berapa rupiah situs siaran langsung piala dunia slot toto 88 klasemen madura united vs borneo fc slot gacor 2023 bonus new member 100 operation true love sub indo keluaran china hari ini cuan365 slot hk6d versi harian rush terbaru toto sgp hari ini tercepat bonus deposit slot 100 persen mahjong way 2 demo 303hoki rtp data live hk tercepat hari ini demo slot rush sugar mahkota 69 hoki slot gacor77 deluna4d rtp slot turnover 2x rapitoto permainan demo slot result china jayatogel gambar sg 2 bandar lotre casino togel sgp49 hari ini 2021 tokyo 99 aespa giselle to4d slot anti rungkad 777 slot live draw roma night prize indogacor login bimaslot slot pasti menang hari ini coinmasterslot kumpulan agen slot rtp tertinggi poipet 12 pengeluaran sydney 2022 situs gacor slot gacor 508 xpander cross demo slot gratis zeus vs hades rtp honda4d slot beat terbaru panen138 slot bni4d login slot online juara umum sea games 2023 permainan slot pragmatic yang mudah menang jam gacor slot pragmatic jam berapa link slot bet 10 perak agen138 rtp slot gacor cha eun woo cinta untuk starla blippi game slot gratisan terbukti membayar agen777 slot online nama id slot yang hoki spinner id rtp mos777 hari ini kepritogel rtp sdy pools silverbola gacor jp777 deposit dengan pulsa tanpa potongan let me down slowly hokben 4d login betplace88 terigu protein sedang harga velg enkei giochi gratis slot da bar toto 888 4d mpo6000 kuy138 daftar demo almighty zeus empire kobotoolbox dhx4d login dewi 50000 slot togel singapura45 singapura hari ini wisma 138 maxwin data joker merah hk 6d harian dana87 turbo nomor hongkong tercepat emoji love aesthetic cpg toto link idgaf artinya pato rtp slot online terlengkap playking88 login 500 ml air berapa gelas sgp angkanet paito rtp sayang 4d juragan69 slot gacor data hk bulanan nasa 4d novel sherlock holmes agenolx slot superslot77 id cara bayar virtual account bni live carolina evening prediksi macau 4d 5d demo slot zeus rupiah gacor talentless nana togel 6 digit hk operation true love ikan gabus manfaat situs slot gacor online 24 jam dhx4d login prediksi hk malam ini pasti jp tabel hk 2024 6d lirik lagu butterfly joylink bonus new member slot demo pragmatic terlengkap 2024 new member depo 10k 4 digit berapa rupiah lirik terlanjur mencinta lirik bendera cokelat login sso etoricoxib 90 mg obat apa buku303 paito warna hk lengkap richard mille daftar situs slot gacor mudah menang beat pop colmekin hoki4d gacor vegas108 judul lagu dangdut sultan slot 999 mulia189 situs togel minimal deposit 5000 menfess artinya katsu5 rtp login live hk sdy sgp 2023 virtual families 3 mod apk live sdy 6d wla combat master bahaya ranitidine hcl 150 mg situs slot terpercaya resmi wap totopedia dolartoto halte4d terus aplikasi angkanet sdy juara piala dunia 2014 demo slot pragmatik anti rungkad macarena semar 99 slot gembirabet rtp aquaslot anak tante ernie busur4d okeplay777 slots rtp inews hongkong hari ini togel terlengkap betahistine mesilate 6 mg obat apa bonus slot 50 persen bet coin rtp agenasia88 bola jatuh sdy live bluetooth fit188 slot online login mentahan jersey polos togeltoto4d kakek cangkul casino online qqwin88 al qamar istana slot 17 live draw carolina day kingdomtoto live draw chelsea 11 youtube statistik erling haaland data hk malam ini live super888bet apa itu offside emang dasar lirik top hk gintama live action live persebaya raja777 rtp indobetku raja asia 88 slot rtp kode4d slot bigbos777 login akun demo mahjong 1 mokapog yasirlana situs slot luar gacor pusat film vermeil in gold demo slot pragmatic olympus x5000 promo new member slot 100 tergacor gbo slot 777 cuma toto pelatih madura united slot demo lion hoki138 slot simluhtan 2022 login afcon metro boomin slot garansi 100 persen grabwin88 slot chelsea vs situs paling gacor pg soft jadwal liga europa malam ini pasaran sgp tutup hari apa untungin lirik usik feby putri pg08 maxwin cara agar menang terus main slot demo slot anti rungkad mahjong ways 2 hortatory text indobet slot 88 vip servette fc gacor 777 gampang menang situs nexus bonus new member 100 seven eleven klasemen liga inggris terbaru hari ini lagabet88 bocoran rtp jnetoto ibet889 lua dao vinix 388 slot rtp suhuslot88 hoodie dickies original login member wso rtp kuningtoto mpo depo 10k bonus 15k rtp kinghoki4d hari ini fiberhome login pokerclub88 urutan liga terbaik di dunia superslot77 id jersey manchester city 2024 nomor terakhir hk 3 prize morata bonus new member 100 di awal bebas ip alam4d vip harga obat mst continus 10 mg prediksi hk joker merah 10 lobang gambar lapangan sepak bola di buku tulis partai togel bigpoker88 gunjou no magmel shuin love yourself quotes vphonegaga nama asli sunan ampel nadin amizah sorai link yang gacor hari ini bathandbodyworks akun demo aztec blaze hasil angka sgp ini hari dinas4d toto hk pool live draw adel jkt48 link pkv deposit pulsa tanpa potongan togel mania hongkong wes tatas lirik vtoto 88 login cough deposit pulsa tanpa potongan dan tanpa to rtp menthol 4d hari ini jadwal bola hari ini champions axiata4d slot slot olympus88 login markas138 login masuk depo new member 100 to kecil bocoran hk malam besok cemara 777 ling dragon tamer data hk 6d harian joker merah kaki777 syair naga mas hk hari ini aquaslot bocoran 88mega slot situs slot depo pulsa murah slot mpo 222 dadunation 889 co games slots pragmatic slot demo pragmatic bonanza gold slot gacor sekarang ini maybelline mascara slot terbaik dan mudah menang gorgeous lyrics sgp toto togel nomor keluar kamboja prometric jft login azithromycin dihydrate 500 mg azkaban paket4d togel kartu domino balak 1 rmslot chip domino live draw toto macau 4d hari ini tercepat 2024 dewa188 slot gacor daftar situs judi online24jam terpercaya 2023 4d arta data harian hk 6d 2023 link gacor hari ini 2023 liga jp77 kok badminton inter miami lapangan bola kaki data hk 2020 sd 2023 bocoran sgp hari ini jp hk fortunes nagitatogel shayne prediksi angka jitu hk adele love in the dark lyrics kamboja4d cukuran 2 jari chord yang terdalam new balance 990 v3 live skor bola bula resort rrtoto toto hk 6 angka live draw hondatoto login browser anti blokir slot gacor siang ini slot demo sweet bonanza rtp slot naga 138 hari ini 303 slot 4d anti blokir situs bintang4dp login hoki88jp slot pantjoran pik prediksi angka jitu 2d 3d 4d kakek zeus lucu cara bermain akun demo slot pragmatic agen slot 77 jabartoto login ngerumus togel otomatis situs gacor slot 4d hero388 clindamycin 300 mg untuk jerawat rtp okeslot hari ini welcome to hongkong pools 6d harian hk 6d paito slot depo 20 bonus 20 bebas ip keluaran sydney hari ini link slot deposit seabank gasing777 jago333 planet138 868 maxwin live draw hk hari ini tercepat 6d 2022 danatoto888 carx street apk rgo365 link mimpi menang judi slot 4d link gacor maxwin malam ini depe4d login harta138 syair bd new marettoto rtp jam350 bola slot 88 reply 1988 cinderella with four knights qing fei de yi pola slot mania princess 20 slot demo pg soft bandit4d data angka sgp 666hacker syair forum sydney mbahslot dewapetir88 slot paito warna sgp sbobet login kacang kapri yahya keepyousafe lyrics markastoto slot pola indobet hari ini situs gacor 2022 clopidogrel bisulfate 75 mg wala taqrabu zina klik33 depo 50 jadwal madrid rtp slot live terupdate maroon 5 memories lyrics semar4d rans303 link login siaran slot bintangmpo roma biskuit royalqq link alternatif kinghorsetoto ccnnslot dewislot javanese situs terpercaya paito sdy 6d angkanet harian rajapaito clicklancers login akadslot psg pemain rambo slot rtp gacor 88 jp qq panda slot 88 totojitu login atlas77 ajwad resto menu rtp vodka138 opera mini siapkaya88 gates of olympus demo slot rupiah biskuit roma kelapa slot rollingan terbesar scp 999 laguna slot data cambodia 2004 sampai 2022 mary on a cross artinya hasil toto macau hari ini 4d sgp pool login bumn 2023 jhonslot bintang di surga chord gates of olympus demo turkce oyna paito warna hk angkanet harian 6d rtp nusa188 hari ini yarichin b club song arti mimpi dijodohkan 3d to 2d projection formula cara menang maxwin olympus ssmp3 streaming bola malam ini siaran bola live yuk togel semua situs slot nexus al nassr vs al hilal live borneo fc vs persebaya jaring ikan kecil keluaran togel hongkong cheat god of war 2 ps2 pagi am atau pm link slot deposit pakai pulsa tri