The Rajgor Castor Derivatives IPO started on October 17, 2023, and ended on October 20, 2023. Shares were allocated on October 26, 2023, and refund processes began on October 27, 2023. On October 30, 2023, the shares were credited to investors demat accounts. Rajgor Castor Derivatives was officially listed on the stock exchange on October 31, 2023.
During the IPO, Rajgor Castor Derivatives offered shares at a price range of ₹47 to ₹50 per share, and the lot size was 3000 shares. The total issue size was ₹47.81 crores, with ₹44.48 crores from new shares and ₹3.33 crores from shares for sale. The IPO was listed on the NSE SME.
Regarding share reservations, 50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
Rajgor Castor Derivatives Ltd IPO Subscription Update Video
Rajgor Castor Derivatives IPO Subscription Status
The Rajgor Castor Derivatives IPO on October 17, 2023 was subscribed times, with the retail category being subscribed times, the NII (Non-Institutional Investor) category being subscribed times, the QIB (Qualified-Institutional Buyers) category being subscribed times.
| Category | Subscription |
| QIB | x |
| NII | x |
| Retail | x |
| Total | x |
Rajgor Castor Derivatives IPO Basic Details
| Company Name | Rajgor Castor Derivatives Limited |
| Domain of Company | Castor Oil-based Products |
| IPO Open Date | October 17, 2023 |
| IPO Close Date | October 20, 2023 |
| IPO Allotment Date | October 26, 2023 |
| IPO Listing Date | October 31, 2023 |
| Face Value | ₹10 per share |
| Price | ₹47 to ₹50 per share |
| Lot Size | 3000 Shares |
| Issue Size | 9,561,000 shares of ₹10 (aggregating up to ₹47.81 Cr) |
| Fresh Issue | 8,895,000 shares of ₹10 (aggregating up to ₹44.48 Cr) |
| Offer for Sale | 666,000 shares of ₹10 (aggregating up to ₹3.33 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Mr. Brijeshkumar Vasantlal Rajgor, Mr. Vasantkumar Shankarlal Rajgor and Mr. Maheshkumar Shankarlal Rajgor |
About Rajgor Castor Derivatives Limited
Rajgor Castor Derivatives Limited, founded in 2018, makes products from castor oil for the Indian market. Here are some of the things they offer:
- Bleached Castor Oil (F.S.G.): This is Castor Oil that’s been whitened to meet British standards. It’s used in various things like lubricants, paints, medicines, cable insulation, sealants, inks, rubber, textiles, and even for health purposes like relieving constipation, promoting eyelash and hair growth, moisturizing the skin, and boosting immunity. It’s also applied on food grains to protect them from insects and fungi.
- Castor De-Oiled Cake: This is created by crushing castor seeds to extract oil from them. It’s used as a fertilizer because it’s rich in nitrogen, phosphoric acid, potash, and can help soil retain moisture.
- High Protein Castor De-Oiled Cake: This is an organic fertilizer that improves soil fertility without causing harm.
The company’s manufacturing facility is located in Banaskantha. As of July 31, 2023, they have more than 60 employees.
Rajgor Castor Derivatives serves a range of customers, including manufacturers of lubricants, paints, pharmaceuticals, cable insulators, sealants, inks, rubber, textiles, as well as farmers, poultry farms, and organic fertilizer producers.
Rajgor Castor Derivatives IPO Should you subscribe?
Rajgor Castor Derivatives IPO More Details Click Here
Rajgor Castor Derivatives IPO FAQs
What is the start and end date of Rajgor Castor Derivatives IPO Subscription?
The Rajgor Castor Derivatives IPO started on October 17, 2023, and ended on October 20, 2023.
When does Rajgor Castor Derivatives IPO Subscription open?
The Rajgor Castor Derivatives IPO open on October 17, 2023.
When does Rajgor Castor Derivatives IPO Subscription close?
The Rajgor Castor Derivatives IPO Close on October 20, 2023.
What is the allotment date of Rajgor Castor Derivatives IPO?
The allotment date for Rajgor Castor Derivatives IPO is October 26, 2023.
When is the initial refund date of Rajgor Castor Derivatives IPO?
The initial Refund date for Rajgor Castor Derivatives IPO is October 27, 2023.
When were the shares credited to investors demat accounts for the Rajgor Castor Derivatives IPO?
The shares for the Rajgor Castor Derivatives IPO were credited to investors demat accounts on October 30, 2023.
When will Rajgor Castor Derivatives IPO be listed on the stock market?
Rajgor Castor Derivatives IPO stock market will be listed on October 31, 2023 at 10 am.
What was the price range of the Rajgor Castor Derivatives IPO shares?
The Rajgor Castor Derivatives IPO shares were offered at a price range of ₹47 to ₹50 per share.
What was the lot size for the Rajgor Castor Derivatives IPO shares?
The lot size for the Rajgor Castor Derivatives IPO shares was 3000 shares.
What was the total issue size of the Rajgor Castor Derivatives IPO?
The total issue size of the Rajgor Castor Derivatives IPO was ₹47.81 crores.
How were the shares allocated among different types of investors for the Rajgor Castor Derivatives IPO?
50% of the shares were allocated to Qualified Institutional Buyers (QIB), 15% were reserved for Non-Institutional Investors (NII), and 35% were set aside for retail investors.
On which stock exchanges was the Rajgor Castor Derivatives IPO listed?
The Rajgor Castor Derivatives IPO was listed on the NSE SME.
What is the Rajgor Castor Derivatives IPO Subscription Status?
Rajgor Castor Derivatives IPO is subscribed Times.
