Ramdevbaba Solvent IPO description – Ramdevbaba Solvent operates in the manufacturing, distribution, marketing, and sale of Physically Refined Rice Bran Oil to FMCG companies such as Mother Dairy Fruit & Vegetable Private Limited, Marico Limited, and Empire Spices and Foods Ltd. Additionally, the company manufactures, markets, and sells Rice Bran Oil under its brands, ‘Tulsi’ and ‘Sehat,’ through 38 distributors who subsequently supply to various retailers across Maharashtra.
Ramdevbaba Solvent also produces De-oiled Rice Bran (DORB), a by-product obtained during the extraction of Rice Bran Oil, which it sells as cattle feed, poultry feed, and fish feed in the states of Maharashtra, Goa, Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana, Karnataka, Kerala, and Tamil Nadu. Additionally, 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 comprises two processes: (i) solvent extraction of crude oil from rice bran, with a capacity of 255,000 metric tonnes per annum (MTPA); and (ii) refining the extracted crude rice bran oil, with a capacity of 48,000 MTPA as of December 2023. The company owns and operates two manufacturing facilities, one in Mahadula and one in Bramhapuri near Nagpur, in the state of Maharashtra.
Promoters of Ramdevbaba Solvent – Prashant Kisanlal Bhaiya, Nilesh Suresh Mohata, and Tushar Ramesh Mohata
Table of Contents
Ramdevbaba Solvent IPO Details
| Ramdevbaba Solvent IPO Dates | Coming soon |
| Ramdevbaba Solvent Issue Price | Coming soon |
| Fresh issue | 5,913,600 shares |
| Offer For Sale | NIL |
| Total IPO size | 5,913,600 shares |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | NSE Emerge |
Ramdevbaba Solvent Financial Performance
| FY 2021 | FY 2022 | FY 2023 | Q1 FY 2024 | |
| Revenue | 423.93 | 582.88 | 697.75 | 167.78 |
| Expenses | 418.58 | 576.06 | 687.25 | 163.58 |
| Net income | 6.17 | 6.59 | 13.00 | 3.57 |
Ramdevbaba Solvent Offer News
Ramdevbaba Solvent Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | 4.48 | 4.79 | 9.45 |
| PE ratio | – | – | – |
| RONW (%) | 23.97 | 20.90 | 31.46 |
| NAV | 20.52 | 25.31 | 34.76 |
| ROCE (%) | 16.50 | 14.07 | 15.26 |
| EBITDA (%) | 3.89 | 3.34 | 3.61 |
| Debt/Equity | 1.58 | 1.86 | 2.07 |
Ramdevbaba Solvent IPO GMP Today
Ramdevbaba Solvent IPO Subscription – Live Updates
Coming soon
The market maker reservation portion of shares is not included in the above calculations.
Ramdevbaba Solvent IPO Allotment Status
Ramdevbaba Solvent IPO allotment status will be available on Bigshare Services’ website. Click on this link to get allotment status.
Ramdevbaba Solvent IPO Dates & Listing Performance
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalization of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| IPO Listing Date | Coming soon |
| Opening Price on NSE SME | Coming soon |
| Closing Price on NSE SME | Coming soon |
Ramdevbaba Solvent Offer Lead Manager
CHOICE CAPITAL ADVISORS PRIVATE LIMITED
Sunil Patodia Tower, Plot No. 156-158,
J.B. Nagar, Andheri (East), Mumbai, 400 099
Phone: +91 22 6707 9999 / 7919
Email: [email protected]
Website: www.choiceindia.com
Ramdevbaba Solvent Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
RAMDEVBABA SOLVENT LIMITED
Block No. 205 and 206, Honey Kaushalya Tower,
Telephone Exchange Chowk, Central Avenue Road,
Nagpur 440,008, Maharashtra
Phone: 0712-7968 189
E-mail: [email protected]
Website: www.ramdevbabasol.com
IPO FAQs
What is the Ramdevbaba Solvent offer size?
Ramdevbaba Solvent offer size is INR crores.
What is the Ramdevbaba Solvent offer price band?
Ramdevbaba Solvent public offer price is INR per share.
What is the lot size of the Ramdevbaba Solvent IPO?
Ramdevbaba Solvent offer lot size is shares.
What is Ramdevbaba Solvent IPO GMP today?
Ramdevbaba Solvent IPO GMP today is INR NA per share.
What is the Ramdevbaba Solvent kostak rate today?
Ramdevbaba Solvent kostak rate today is INR NA per application.
What is Ramdevbaba Solvent Subject to the Sauda rate today?
Ramdevbaba Solvent is Subject to the Sauda rate today is INR NA per application.
