Rajgor Castor Derivatives Limited

Company Profile
Company Name Rajgor Castor Derivatives Limited
Open Date 17-10-2023
Close Date 20-10-2023
Exchange NSE SME
Lot Size 3000 Shares
Issue Price ₹47 to ₹50 per share
Issue Size Aggregating up to 47.81 Cr.
Application Amount ₹ 1,50,000
Recommendation Risk_Averse - Should Wait Risk_Seekers - Should Apply
Rajgor Castor Derivatives Limited was incorporated in the year 2018 and has its registered office in Ahmedabad, Gujarat. The company is in the business of manufacturing of Castor Oil, Castor Oil cake, High Protein Oil cake in the Castor Plant. The company 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. Company is currently operating on a B2B business Model and offer its customers Castor Oil and its derivatives. As on July 31st, 2023, the company had 60 employees on its payroll.
(Read more on the review)

Summary of Financials (All financials in Lakh)

For the Period Ended Mar-22 Mar-23 June-23
Total Assets 3,753.42 7,782.62 9,847.94
Net Assets 201.90 2,365.54 2,558.23
Total Borrowings 1,809.51 4,450.93 5,178.96
Total Revenue 4,091.31 42,887.35 11,276.10
Profit After Tax 52.20 554.46 192.57

Tentative Timeline

Opening Date 17-10-2023
Closing Date 20-10-2023
Basis of Allotment 26-10-2023
Initiation of Refunds 27-10-2023
Credit of Shares to Demat 30-10-2023
Listing Date 31-10-2023

Objects of the Issue

To Meet Working Capital Requirements.
General Corporate Purpose.
To meet Public Offer Expenses.

Contact Information

Registered Office Rajgor Castor Derivatives Limited - 807, Titanium One, Nr. Pakwan Cross Road, Nr. Shabri Water Works, S.G. Highway Bodakdev, Ahmedabad-380054
Phone +91 9898926368
Email cs@rajgorcastor.com
Website https://www.rajgorcastor.com/

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270
Email rajgorcastorderivatives.ipo@linkintime.co.in
Website https://linkintime.co.in/mipo/ipoallotment.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Offer
NII (HNI) Shares Offered Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue(Promoters) 100.00%
Share Holding Post Issue(Promoters) 60.02%

Contact Us to Enable Your Success!