Rajputana Biodiesel Ltd - IPO

Rajputana Biodiesel Ltd IPO Details

Initial public issue of 19,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Rajputana Biodiesel Limited (the Company or Rajputana or Issuer) at an issue price of Rs. 130/- per equity share (including a share premium of Rs. 120/- per equity share) for cash, aggregating to Rs. 24.70 crores (Public Issue) out of which 1,41,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 130/- per equity share for cash, aggregating to Rs. 1.83 crores will be reserved for subscription by the market maker to the issue (the Market Maker Reservation Portion). The public issue less market maker reservation portion i.e. issue of 17,59,000 equity shares of face value of Rs. 10/- each, at an issue price of Rs. 130/- per equity share for cash, aggregating to Rs. 22.87 crores is hereinafter referred to as the Net Issue. The public issue and net issue will constitute 27.01% and 25.01% respectively of the post- issue paid-up equity share capital of the company. Initial public issue of 19,00,000 equity shares of face value of Rs. 10/- each (Equity Shares) of Rajputana Biodiesel Limited.

Objective of issue

Loan to Subsidiary (Nirvaanraj Energy Pvt Ltd) (NEPL) for the expansion of existing unit of its subsidiary. Working capital requirements. General corporate purposes.

Rajputana Biodiesel Ltd Contact Details

Rajputana Biodiesel Ltd, 451 Krishna Apra Bus, Netaji Subhash Place, Pitampura, New Delhi-110034

Phone - 011-45121795

Fax - 01145121795

Email - cs@rajputanabiodiesel.com

Website - https:, rajputanabiodiesel.com