Contents
- 1 Ramdevbaba Solvent Limited IPO
- 2 Ramdevbaba Solvent Limited IPO Details and Price Band
- 3 Ramdevbaba Solvent IPO Dates
- 4 Ramdevbaba Solvent Limited IPOs Lot Size
- 5 Ramdevbaba Solvent Limited Promoters Holding
- 6 Ramdevbaba Solvent Limited Financial Information
- 7 Ramdevbaba Solvent Limited IPO KPI
- 8 Ramdevbaba Solvent Limited IPO GMP day by day
- 9 How To Check Allotment Status for Ramdevbaba Solvent IPO
- 10 FAQs For Ramdevbaba Solvent Limited IPO
The IPO for Ramdevbaba Solvent, which is priced between 80 and 85 per share, is open for subscription from 15 April to 18 April. And Ramdevbaba Solvent IPO GMP today is ₹18.
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Ramdevbaba Solvent Limited IPO
The IPO for Ramdevbaba Solvent, which is priced between 80 and 85 per share, is open for subscription from 15 April to 18 April. The offering aims to raise 50.27 crores by issuing 59.14 lakh shares in an IPO for the first time. The company serves FMCG giants like Empire Spices, Marico, and Mother Dairy by manufacturing and selling physically refined rice bran oil. With a minimum investment of ₹136,000 for 1,600 shares, retail investors can take part. April 19 is the date of allocation, while April 23 is the date of listing on NSE SME. The IPO is managed by Choice Capital Advisors and Bigshare Services Pvt Ltd, with Choice Equity Broking serving as the market maker.
For more details please see Ramdevbaba Solvent Limited IPO RHP (Red Herring Prospectus)
Ramdevbaba Solvent Limited IPO Details and Price Band
| Parameter | Details |
|---|---|
| IPO Open | April 15, 2024 |
| IPO Close | April 18, 2024 |
| IPO Size | Approx ₹50.27 Crores, 5,913,600 Equity Shares |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹80 to ₹85 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 |
| IPO Date | April 15, 2024 to April 18, 2024 |
| Listing Date | April 23, 2024 (Tuesday) (Expected) |
| Face Value | ₹10 per share |
| Price Band | ₹80 to ₹85 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 5,913,600 shares (aggregating up to ₹50.27 Cr) |
| Fresh Issue | 5,913,600 shares (aggregating up to ₹50.27 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Shareholding Pre-Issue | 16,211,750 |
| Shareholding Post-Issue | 22,125,350 |
| Market Maker Portion | 281,600 shares – Choice Equity Broking |
Ramdevbaba Solvent IPO Dates
Ramdevbaba Solvent Limited IPO KPI
| Key Performance Indicator | Values |
| Return on Capital Employed (ROCE) | 10.76% |
| Debt to Equity Ratio | 1.46 |
| Return on Net Worth (RoNW) | 14.24% |
| Price to Book Value (P/BV) | 1.83 |
| Profit After Tax (PAT) Margin (%) | 1.79 |
Ramdevbaba Solvent Limited IPO GMP day by day
| GMP Date | GMP | IPO Price | Estimated Listing Price | Updated Date |
| 18-04-2024 | ₹27 | 85.00 | ₹112 (31.76%) | 18-04-2024 |
| 17-04-2024 | ₹27 | 85.00 | ₹112 (31.76%) | 17-04-2024 |
| 16-04-2024 | ₹27 | 85.00 | ₹112 (31.76%) | 16-04-2024 |
| 15-04-2024 | ₹18 | 85.00 | ₹103 (21.18%) | Update 12:40 |
| 14-04-2024 | ₹18 | 85.00 | ₹103 (21.18%) | |
| 13-04-2024 | ₹21 | 85.00 | ₹106 (24.70%) | |
| 12-04-2024 | ₹21 | 85.00 | ₹106 (24.70%) | |
| 11-04-2024 | ₹20 | 85.00 | ₹105 (23.53%) | 11-Apr-2024 12:28 |
| 10-04-2024 | ₹20 | 85.00 | ₹105 (23.53%) | 11-Apr-2024 0:27 |
| 09-04-2024 | ₹5 | 85.00 | ₹90 (5.88%) | 10-Apr-2024 0:28 |
How To Check Allotment Status for Ramdevbaba Solvent IPO
FAQs For Ramdevbaba Solvent Limited IPO
What is the opening and closing date of the Ramdevbaba Solvent Limited IPO?
The Ramdevbaba Solvent IPO opens for subscription on April 15, 2024, and closes on April 18, 2024.
Q. What is the issue size of the Ramdevbaba Solvent Limited IPO?
A. The Ramdevbaba Solvent IPO has an issue size of ₹50.27 Crores.
Q. What is the price band for the Ramdevbaba Solvent IPO?
A. The price band for the Ramdevbaba Solvent Limited IPO is ₹80.00 to ₹85.00 per share.
Q. What is the minimum lot size and amount for the Ramdevbaba Solvent IPO?
A. The minimum lot size for the Ramdevbaba Solvent SME IPO is 1600 shares, amounting to ₹136,000.
Q. What is the tentative listing date of the Ramdevbaba Solvent IPO?
A. The tentative listing date of the Ramdevbaba Solvent IPO on the NSE SME exchange is April 23, 2024.
Q. What is the face value of shares offered in the Ramdevbaba Solvent Ltd IPO?
A. The face value of shares offered in the Ramdevbaba Solvent Limited IPO is ₹10 per equity share.
Q. What are the objectives of the Ramdevbaba Solvent IPO?
A. The proceeds from the IPO will be utilized for setting up a new manufacturing facility, repayment of outstanding borrowings, funding working capital requirements, and general corporate purposes.
Q. What is the retail quota percentage for the Ramdevbaba Solvent Ltd. IPO?
A. The retail quota for the Ramdevbaba Solvent Ltd. IPO is not less than 35% of the offer.
Q. What is the basis of the allotment date for the Ramdevbaba Solvent IPO?
A. The basis of the allotment date for the Ramdevbaba Solvent Limited IPO is tentatively scheduled for April 19, 2024.
Q. Where can I find more information about the Ramdevbaba Solvent Ltd. IPO?
A. You can find more information about the Ramdevbaba Solvent Ltd IPO, including business overview, financial performance, subscription status, allotment details, and listing updates, on various financial websites and news portals. Also in ipogmptoday.in
