Ramdevbaba Solvent is known for producing, distributing, promoting, and retailing Physically Refined Rice Bran Oil, which is popularly referred to as Rice Bran Oil. They provide this oil to firms such, as Mother Dairy Fruit & Vegetable Private Limited, Marico Limited, and Empire Spices and Foods Ltd. Moreover, they sell their brands of Rice Bran Oil. “Tulsi” and “Sehat”. Through thirty-eight distributors who then supply to various retailers, throughout Maharashtra.
Rice bran oil comes from the brown layer of rice called bran. It’s popular, for its smoke point of 232°C (450°F) and subtle taste making it great for cooking methods like stir frying and deep frying. With a mix of Polyunsaturated Fats (PUFA) and Monounsaturated Fats (MUFA), in an equal ratio, its seen as a healthy choice. Additionally, it’s derived from bran which is packed with Vitamin E, which’s an antioxidant.
The company also produces De-oiled Rice Bran (DORB) as a by-product in the extraction process of Rice Bran Oil. DORB is sold as cattle feed, poultry feed, and fish feed in multiple states including Maharashtra, Goa, Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana, Karnataka, Kerala, and Tamil Nadu. Other by-products such as fatty acid, lecithin, gums, spent earth, and wax are sold in the open market.
The manufacture of Rice Bran Oil primarily involves two processes: solvent extraction of crude oil from rice bran with a capacity of 2,55,000 MTPA, and refining the extracted crude rice bran oil with a capacity of 48,000* MTPA.
Ramdevbaba Solvent IPO Complete Details:
Ramdevbaba Solvent IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of Ramdevbaba Solvent is Around 21 Rs.
Objects Of Issue:
1. Establishing a new manufacturing facility
2. Repaying certain outstanding borrowings, either in full or in part
3. Providing funds for the operational needs of our company
4. Addressing general corporate purposes
Promoters:
- PRASHANT KISANLAL BHAIYA
- NILESH SURESH MOHATA
- TUSHAR RAMESH MOHATA
FAQs:
When Ramdevbaba Solvent IPO is Opening?
Ramdevbaba Solvent IPO is Opening on 15 April 2024.
When is the Ramdevbaba Solvent IPO Closing?
Ramdevbaba Solvent IPO is Closing on 18 April 2024.
What is the Issue Size of the Ramdevbaba Solvent IPO?
The IPO Issue Size of Ramdevbaba Solvent is 50.27 Crore.
Price Band of Ramdevbaba Solvent IPO?
The price Band of the Ramdevbaba Solvent IPO is 80 to 85 rupees per share.
What is the minimum investment for Ramdevbaba Solvent IPO?
The minimum investment for the Ramdevbaba Solvent IPO is 136,000 Rupees.
Allotment Date of Ramdevbaba Solvent IPO?
The Allotment of Ramdevbaba Solvent IPO is on 19 April 2024.
Listing Date of Ramdevbaba Solvent IPO?
The Listing Of Ramdevbaba Solvent is Scheduled on 23 April 2024.
One Should Apply for Ramdevbaba Solvent IPO or Not?
Will Update Soon..
How to apply for Ramdevbaba Solvent IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find Ramdevbaba Solvent IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Ramdevbaba Solvent IPO through the Upstox Old Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find Ramdevbaba Solvent IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for Ramdevbaba Solvent IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find Ramdevbaba Solvent IPO from the list ——–> Click on Ramdevbaba Solvent IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of Ramdevbaba Solvent?
Choice Capital Advisors Pvt Ltd is the Lead Manager of Ramdevbaba Solvent.
Where To Check the Allotment of Ramdevbaba Solvent IPO?
The allotment status for the Ramdevbaba Solvent IPO will be accessible on the Bigshare Services Pvt Ltd Website.
Ramdevbaba Solvent IPO is going to be listed at?
Ramdevbaba Solvent IPO is going to be listed at NSE SME.
What is the Lot Size of the Ramdevbaba Solvent IPO?
The lot size of the Ramdevbaba Solvent IPO is 1600 Shares.
What is the P/E Ratio of the Ramdevbaba Solvent?
The P/E Ratio of the Ramdevbaba Solvent is 10.6.
What is the EPS of the Ramdevbaba Solvent?
The EPS of the Ramdevbaba Solvent is 8.02.
What is the ROE of the Ramdevbaba Solvent?
The ROE of Ramdevbaba Solvent is N/A.
What is the ROCE of the Ramdevbaba Solvent?
The ROCE of Ramdevbaba Solvent is 10.76%.
