Rajgor Castor Derivatives IPO will be Open on 17 October 2023 and closes on 20 October 2023. The company has fixed the price of this IPO at ₹47-₹50 according to the face value of ₹10. The company will raise ₹47.81 Crores through this IPO under the 9,561,000 Equity Shares public issue, and the offer is 100% Book Built Issue. The company reserve quota in this IPO 50% for QIB, 15% for NII and 35% Retail Investor. You can check Rajgor Castor Derivatives IPO GMP here.
Rajgor Castor Derivatives Limited has commenced manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for the domestic market. The company are currently operating on a B2B business Model and offer our customers Castor Oil and its derivatives. The company are currently operating under a B2B business Model.
The company refining commercial grade Castor Oil after undertaking bleaching and filtering process. Castor oil has multiple industrial applications and is extensively demanded in Lubricants, Paints, Pharmaceuticals, Cable insulators, Sealants, Inks, Rubber and Textiles etc. It is also used to relief Constipation, Eyelashes grow, Hair grow, Skin moisturiser ad to improve immunity function. It is also used for applying on food grains to protect from the insects/fungus.
Castor De-Oil Cake is fertilizer consisting of high content of Nitrogen, Phosphoric Acid, Potash and moisture retention and it is also an organic fertilizer which can be used as alternatives to chemical fertilizer. The company has marked its presence in domestic markets.
The company supply our products in states such as Gujarat, Delhi, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh and Uttarakhand.You can check Rajgor Castor Derivatives IPO subscription status here.
Objects Of The Issue :
- To Meet Working Capital Requirements
- General Corporate Purpose
- To meet Public Offer Expenses
Company Strengths :
- Experienced Management Team
- Quality Control and Quality Assurance
- Diversified business model and customer base
- Scalable Business Model
| Read also: Upcoming IPO List 2023 |
Rajgor Castor Derivatives IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹5.54 Cr ₹50 EQ 30.06 1.66x 43.19 % 23.44 % 22.97 % 1.88 ₹15.75 ₹78.00 Cr ₹119.58 Cr 100.00 % % |
| Team Review : | ✔ Apply For Long Term |
Rajgor Castor Derivatives IPO GMP Live:
Rajgor Castor Derivatives IPO GMP Or Grey Market Premium available here. The SME IPO GMP Premium updated Day By Day IPOs Running Period and the GMP Rates are Fluctuate and stable some times later. (GMP rates are Not 100% Guaranteed)
| Date | GMP |
| Today | Check Day Wise GMP |
Rajgor Castor Derivatives IPO Date & Price Band & Details :
| Issue Offer : | Book Built Issue |
| IPO Open : | 17 October 2023 |
| IPO Close : | 20 October 2023 |
| Face Value : | ₹10 Equity Share |
| Price Band : | ₹47-₹50 Per Share |
| Listing On : | NSE, SME |
| Issue Size : | ₹47.81. Cr {9,561,000 Shares} |
| Fresh Issue : | ₹44.48. Cr {8,895,000 Shares} |
| Offer For Sale : | ₹3.33. Cr {666,000 Shares} |
Rajgor Castor Derivatives IPO Market Lot :
Rajgor Castor Derivatives IPO Minimum Market lot is 1 Lot with 3000 shares with ₹150,000 Application amount. The retail investors can apply up to 1 lots with 3000 Shares or ₹150,000 amounts.
| Category | Lot | Share | Amount |
| Retail (Min) : | 1 | 3000 | ₹150,000 |
| Retail (Max) : | 1 | 3000 | ₹150,000 |
| S-HNI (Min) : | 2 | 6000 | ₹300,000 |
Rajgor Castor Derivatives IPO Net Reservation :
Rajgor Castor Derivatives IPO Net Reservation of 9,561,000 shares are to be bid for the public issue by Rajgor Castor Derivatives IPO with 4,530,000 for QIB and 1,359,000 for NII 3,171,000 For RII.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 4,530,000 | ₹22.62 Cr |
| NII : | 15% | 1,359,000 | ₹6.81 Cr |
| RII : | 35% | 3,171,000 | ₹15.71 Cr |
| MMRP : | – % | 501,000 | ₹2.50 Cr |
| Total : | 100% | 9,561,000 | ₹47.81 Cr |
Rajgor Castor Derivatives IPO EPS & RoNW :
The Rajgor Castor Derivatives company’s EPS & RoNW growth is an Increasing last financial year, which is shown to you in the table here.
| Year | EPS (Rs.) | RoNW % | NAV |
| 2023 | ₹30.06 | 23.44% | ₹15.75 |
| 2022 | ₹6.33 | 25.85% | ₹24.48 |
| 2021 | ₹-21.84 | -120.35 % | ₹18.15 |
Rajgor Castor Derivatives IPO Peer Comparison PE :
The Rajgor Castor Derivatives, According to RHP of the company few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Jayant Agro Organics | 10.47 |
| 2. | NK Industries Limited | – |
Rajgor Castor Derivatives IPO Dates :
Rajgor Castor Derivatives IPO Date is 17 October 2023 and closes on 20 October 2023. The allotment will be finalized on 26 October 2023 and the IPO may list on 31 October 2023.
| Issue Open Date : | 17 October 2023 |
| Issue Close Date : | 20 October 2023 |
| Allotment Date : | 26 October 2023 |
| Refund Date : | 27 October 2023 |
| Share Credit Date : | 30 October 2023 |
| Listing Date : | 31 October 2023 |
Rajgor Castor Derivatives IPO Form :
There are two ways to apply in Rajgor Castor Derivatives IPO. You can apply for Rajgor Castor Derivatives IPO through ASBA available in your bank account. You have to go to your online bank login and select Rajgor Castor Derivatives IPO in the Invest section and apply through your bank account. Another option is you can apply Rajgor Castor Derivatives IPO through IPO form download through NSE and BSE. See the Rajgor Castor Derivatives IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Rajgor Castor Derivatives Company Financial Report (lakh) :
| Year | Revenue | Expense | PAT |
| 2023 | ₹42,887.35 | ₹42,021.55 | ₹554.47 |
| 2022 | ₹4,091.30 | ₹4,059.21 | ₹52.19 |
| 2021 | ₹1,100.69 | ₹1,352.66 | ₹-180.18 |
Company Promoters :
■ Mr. Brijeshkumar Vasantlal Rajgor
Quick Links :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Rajgor Castor Derivatives IPO Lead Managers :
■ Beeline Capital Advisors Pvt Ltd
Rajgor Castor Derivatives IPO Registrar :
Link Intime India Private Limited
Address:C-101, 247 Park, LBS Marg, Vikhroli (West),
Mumbai – 400083, Maharashtra, India
Tel. Number: +91 810 811 4949
Fax- + 91 22 4918 6195
Email Id: [email protected]
Investors Grievance Id: [email protected]
Website: www.linkintime.co.in
Note: Check Rajgor Castor Derivatives IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Rajgor Castor Derivatives Limited
807, Titanium One, Nr. Pakwan Cross Road,
Nr. Shabri Water Works, S.G.
Highway, Bodakdev, Ahmedabad-380054,
Gujarat, India.
Telephone No.: +91 9898926368
E-Mail: [email protected]
Web site: www.rajgorcastor.com
Rajgor Castor Derivatives IPO FAQs :
What is Rajgor Castor Derivatives IPO?
Rajgor Castor Derivatives IPO is SME IPO. They are going to raise ₹47.81 Crores via IPO. The issue is priced at ₹50 per equity share. The IPO to be listed on NSE, SME.
When Rajgor Castor Derivatives IPO will open?
The IPO is to open on 17 Oct – 20 Oct for QIB, NII & RII.
How much is Rajgor Castor Derivatives IPO Size?
Rajgor Castor Derivatives IPO size is ₹47.81 Crores.
How much is the Fresh issue size of Rajgor Castor Derivatives IPO?
The Fresh issue size of Rajgor Castor Derivatives IPO ₹44.48 Cr.
How much is the Offer For Sale size of Rajgor Castor Derivatives IPO?
The Offer For Sale size of Rajgor Castor Derivatives IPO ₹3.33 Cr.
What is Rajgor Castor Derivatives IPO Price Band?
Rajgor Castor Derivatives IPO Price Band is ₹50 Per share.
What is the Rajgor Castor Derivatives IPO Minimum and Maximum Lot Size?
The minimum bid is 3000 Shares with ₹150,000 amount while the maximum bid is 3000 shares with ₹150,000.
How much is Rajgor Castor Derivatives IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
When is Rajgor Castor Derivatives IPO Allotment Date?
Rajgor Castor Derivatives IPO allotment date is 26 October 2023.
When is Rajgor Castor Derivatives IPO Listing Date?
Rajgor Castor Derivatives IPO listing date is 31 October 2023. The IPO to list on NSE, SME.
How to Apply the Rajgor Castor Derivatives IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Rajgor Castor Derivatives IPO”. 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.
How to Apply the Rajgor Castor Derivatives IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Rajgor Castor Derivatives IPO”. 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.
How to Apply the Rajgor Castor Derivatives IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Rajgor Castor Derivatives IPO”. 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.
How to Apply the Rajgor Castor Derivatives IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Rajgor Castor Derivatives IPO”. 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.
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