Ramdevbaba Solvent IPO GMP Today ( Grey Market Premium )

Ramdevbaba Solvent IPO GMP Today , Ramdevbaba IPO GMP Today

The Ramdevbaba Solvent IPO commenced on April 15, 2024, and concluded on April 18, 2024. The allotment of shares took place on April 19, 2024, and the initiation of refunds began on April 22, 2024. The shares were credited to the demat accounts of investors on April 22, 2024. Finally, the listing of Ramdevbaba Solvent on the stock exchange occurred on April 23, 2024.

The Ramdevbaba IPO was priced at ₹80 to ₹85 per share, with a lot size of 1600 shares. The total issue size was ₹50.27 crores, comprising a fresh issue of 50.27 crores. The IPO was listed on the NSE SME.

Ramdevbaba Solvent IPO Basic Details

Company NameRamdevbaba Solvent Limited
Ramdevbaba Solvent IPO GMP Today₹27
Ramdevbaba Solvent IPO Listing Gain31.76%
Ramdevbaba Solvent IPO Open DateApril 15, 2024
Ramdevbaba Solvent IPO Close DateApril 18, 2024
Ramdevbaba Solvent IPO Allotment DateApril 19, 2024
Ramdevbaba Solvent IPO Listing DateApril 23, 2024
Face Value₹10 per share
Price₹80 to ₹85 per share
Lot Size1600 Shares
Issue Size5,913,600 shares of ₹10
(aggregating up to ₹50.27 Cr)
Fresh Issue5,913,600 shares of ₹10
(aggregating up to ₹50.27 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE SME
Company PromotersPrashant Kisanlal Bhaiya,
Nilesh Suresh Mohata, and
Tushar Ramesh Mohata

Ramdevbaba Solvent IPO GMP Today:

DateGMPListing GainKostakSubject to
April 2024₹2022.36%

Ramdevbaba IPO Details:

Founded in 2008, Ramdevbaba Solvent Limited is a key player in the production and distribution of physically refined rice bran oil. Based in India, the company supplies top FMCG brands like Mother Dairy, Marico Limited, and Empire Spices and Foods Ltd. Additionally, Ramdevbaba Solvent sells rice bran oil under its own popular brands, “Tulsi” and “Sehat.” These products reach consumers through a network of 38 distributors across Maharashtra who further supply various retail outlets.

Besides its core products, the company also produces de-oiled rice bran (DORB), a valuable by-product used as feed for livestock, poultry, and fish. This product is distributed in multiple states including Maharashtra, Goa, Gujarat, and others. Ramdevbaba Solvent also markets other by-products like fatty acids, lecithin, gum, spent soil, and wax, all of which are sold in the open market.

To support its extensive product line, Ramdevbaba Solvent operates two production facilities located in Mahadula and Bramhapuri near Nagpur, Maharashtra. These state-of-the-art facilities enable the company to maintain high standards of quality and efficiency in its operations.

Ramdevbaba Solvent IPO More Details Click Here

Ramdevbaba Solvent IPO FAQs

When is Ramdevbaba Solvent IPO open?

Ramdevbaba Solvent IPO will open on 15 April 2024.

When is Ramdevbaba Solvent IPO Close?

Ramdevbaba Solvent IPO will be closed on 18 April 2024.

What is Ramdevbaba Solvent IPO GMP Today?

The Ramdevbaba Solvent IPO GMP aka Grey Market Premium is ₹27.

What is Ramdevbaba Solvent IPO Kostak Rates Today?

The Ramdevbaba Solvent IPO Kostak Rate is ₹000.

What is Ramdevbaba Solvent IPO Subject to Sauda Price Today?

The Ramdevbaba Solvent IPO subject to sauda rates is ₹000.

Ramdevbaba Solvent IPO Expected Returns?

The Ramdevbaba Solvent expected return is 31.76%.

How much will be the listing gain in Ramdevbaba Solvent IPO?

Ramdevbaba Solvent IPO will get listing gain of 31.76%. (Approx.)

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