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Rajputana Biodiesel Ltd. has announced public offering of 1900000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 120.00 per share. The gross proceeds of the issue are expected to be Rs 2,470.00 lakhs.
The company's initial public offer (IPO) will open on 26 November 2024 and is expected to close on 28 November 2024, subject to customary closing conditions. The price band of the issue has been fixed at Rs 125.00-130.00 per share.
The IPO includes a fresh Issue of 1900000 Equity Shares of the Company at an price of Rs 130.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.
Rajputana Biodiesel Ltd. anticipates using the proceeds of the issue for .
GYR CAPITAL ADVISORS PRIVATE LIMITED as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.
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