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Ramdevbaba Solvent Limited IPO Date, Price, Review and Details

 

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Ramdevbaba Solvent Limited IPO

April 15, 2024 - April 18, 2024 Closed

Ramdevbaba Solvent Limited IPO  

Ramdevbaba Solvent Limited is engaged in the business of manufacturing, distribution, marketing and selling of physically refined rice bran oil. They also sell De-oiled Rice Bran (DORB), a by-product from extracting Rice Bran Oil, as feed for cattle, poultry, and fish in Maharashtra, Goa, Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana, Karnataka, Kerala, and Tamil Nadu. Their Strengths are Strategic location of their Manufacturing Facilities, Easy availability of rice bran around their Manufacturing Facilities, Integrated operations and economies of scale, Arrangements with FMCG companies for supply of Rice Bran Oil, Focus on Quality Control.

Company Promoters:

·       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)

Objects of this Issue:

·       Setting up of new manufacturing facility
·       Repayment in full or in part, of certain of their outstanding borrowings
·       Funding the working capital requirements of their Company
·       General corporate purposes.

Financial Information of the Company:

 Particular

Amount in Lakhs (Rs.)

As on 31 March 2023

As on 30 March 2022

As on 31 Mar 2021

Total Assets

19,062.61

13,134.86

10,125.05

Total Liabilities

14,738.09

10,110.49

7,759.83

Net Profit

1300.15

659.15

617.06

Ramdevbaba Solvent Limited IPO Schedule

1.     Bid or Offer Opens on: 15 April 2024
2.     Bid or Offer Closes on: 18 April 2024
3.     Finalization of BoA: 19 April 2024
4.     Initiation of Refunds: 22 April 2024
5.     Credit of shares to Demat account: 22 April 2024
6.     Listing Date: 23 April 2024

Ramdevbaba Solvent Limited IPO Lot Size

The market lot size of Ramdevbaba Solvent Limited IPO is 3,200 shares. The minimum and maximum order quantity is as follows:

Application

Lots

Shares

Amount

Minimum

1

  1600

₹136,000

Maximum

1

  1600

₹136,000

S-HNI(Minimum)

2

  3,200

₹272,000

Company Contact Details:

Bhaiya Building, Anaj

Bazar, Itwari, Nagpur

440 002, Maharashtra,

India.

Phone: +91 0712-7968 189

Email: cs@rbsl.co.in

Website: www.ramdevbabasol.com

 

Ramdevbaba Solvent Limited IPO Registrar Details:

BIGSHARE SERVICES PRIVATE LIMITED

S6-2, 6th Floor, Pinnacle Business Park,

Next to Ahura Centre, Mahakali Caves Road,

Andheri (East), Mumbai – 400 093,

Maharashtra, India

Telephone: +91 22 6263 8200

Email: ipo@bigshareonline.com

Website: www.bigshareonline.com


Frequently Asked Question

Post-issue shareholding of the Ramdevbaba Solvent Limited IPO promoter is [.]%.
Ramdevbaba Solvent Limited IPO shares will get listed on April 23, 2024.
Ramdevbaba Solvent Limited IPO share price Shares will be listed at NSE SME.
While IPOs can offer significant returns, they also carry risks. Investors should carefully evaluate each IPO opportunity based on factors such as the company's fundamentals, industry outlook, and market conditions before making investment decisions.
If you do not get the allotment of on ramdevbaba solvent private limited, your IPO application amount will be released or credited back to your bank account via which you applied for this IPO.
The face value of Ramdevbaba Solvent Limited IPO is ₹10 per share.
Opening date of Ramdevbaba Solvent Limited IPO is April 15, 2024.
IPO application is an online process by using UPI or ASBA as a payment method. ASBA IPO application is already available in the net banking of your respective bank account and the UPI application is offered by your Stockbroker, you can invest in SVS Limited IPO using any neatest method at your convenience.
Closing date of Ramdevbaba Solvent Limited IPO is April 18, 2024.
You will receive the allotted shares in your Demat account on May 13, 2024.
Investing in an IPO carries risks, including the potential for the stock price to decline shortly after the offering due to market fluctuations or company performance. Additionally, IPOs of relatively unknown companies may lack historical financial data, making it harder to assess their potential.
The meaning of " Ramdevbaba Solvent Limited IPO " is the Grey Market Premium (GMP) for the initial public offering (IPO) of Ramdevbaba Solvent Limited IPO on the current day.
Ramdevbaba Solvent Limited IPO share price ₹80 to ₹85 per share.
Pre-issue shareholding of the Ramdevbaba Solvent Pvt Ltd promoter is 81.01%.
You will receive on ramdevbaba solvent pvt. ltd shares in your Demat account on April 19, 2024, if allotted.
Lot size of the Ramdevbaba Solvent Limited IPO is 1600 shares.
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