
Rajgor Castor Derivatives Limited
listed
₹1.41LMin. investment
About Rajgor Castor Derivatives Limited
Issue size
₹47.81Cr
IPO type
SME
Price range
₹47.00 – ₹50.00
Lot size
3000 shares
RHP/DRHP
Read
Price range₹47.00 – ₹50.00
IPO type
SME
Lot size3000 shares
Issue size₹47.81Cr
RHP/DRHP
Read
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About Rajgor Castor Derivatives Limited IPO :
Incorporated in 2018 as “Hindprakash Castor Derivatives Private Limited, Subsequently, the name of the company was changed from “Hindprakash Castor Derivatives Private Limited” to “Ardent Castor Derivatives Private Limited”, in January 2022. Later on, the name of the company was changed from “Ardent Castor Derivatives Private Limited” to “Rajgor Castor Derivatives Private Limited” in February 2022.
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. They are currently operating on a B2B business model and offer their customers Castor Oil and its derivatives & the primary focus is on operations relating to quality control, inventory management and business development
Castor oil is a yellow viscous liquid free from suspended matter and insoluble in water. It is produced by refining commercial grade Castor Oil after undertaking the 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. High Protein Castor De Oiled Cake is an organic manure which enhances the fertility of the soil without causing any damage or decay. They supply their products in states such as Gujarat, Delhi, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh and Uttarakhand.
Rajgor Castor Derivatives Limited is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives:
- To Meet Working Capital Requirements
- General Corporate Purpose
- To meet Public Offer Expenses
Here are key details about the Rajgor Castor Derivatives Limited IPO :
Company Name | Rajgor Castor Derivatives Limited | Company Type | Private | |
---|---|---|---|---|
IPO Type | SME |
Frequently asked questions
How to invest in the IPO?
Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.
What is the issue size of Rajgor Castor Derivatives Limited ?
The issue size of the Rajgor Castor Derivatives Limited is 47.81 Cr.
What is 'pre-apply' for Rajgor Castor Derivatives Limited ?
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
Which exchanges will Rajgor Castor Derivatives Limited shares list on?
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
Timeline
- Bidding starts17 Oct 2023
- Bidding ends20 Oct 2023
- Allotment finalisation19 Oct 2023
- Release of funds27 Oct 2023
- Demat transfer26 Oct 2023
- Listing31 Oct 2023