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Rajgor Castor Derivatives IPO IPO

SME17 Oct 202320 Oct 2023
Open
17 Oct 2023
Close
20 Oct 2023
3
Allotment
Listing
Tue, Oct 31, 2023
Price Band
₹47 to ₹50
Issue Size
95,61,000 shares (agg. up to ₹48 Cr)
Lot Size
3,000 Shares
Listing Date
Tue, Oct 31, 2023
Latest GMP
₹5
Est. Gain
10%
✦ AI Insight

GMP Trend

31-10-20235Est. ₹55+10%
30-10-20235Est. ₹55+10%
29-10-20234Est. ₹54+8%

Live Subscription

CategorySubscription (times)
Total73.47x

Restated Financials (₹ Cr.)

Period Ended30 Jun 202331 Mar 202331 Mar 202231 Mar 202131 Mar 2020
Assets98.4877.8337.5325.7826.45
Total Income112.76428.8740.9111.0114.97
Profit After Tax1.935.540.52-1.80-0.97
NET Worth25.5823.662.021.50
Reserves and Surplus23.4421.511.901.383.18
Total Borrowing51.7944.5118.1022.86
Amount in ₹ Crore

Peer Comparison

CompanyIssue TypeIssue SizeIssue PricePE RatioListing Day CloseListing Gain/Loss %LTP
AMBO Agritec Ltd.SME₹10.20 Cr₹3014.22₹42.10+40.33%₹10.20 (-0.39%)

Objects of the Issue

#Issue ObjectsEst Amt (₹ Cr.)
1To Meet Working Capital Requirements29.92
2General Corporate Purpose10.74

About Rajgor Castor Derivatives IPO

Incorporated in 2018, Rajgor Castor Derivatives Limited manufactures castor oil-based products for the Indian market. The company's product list includes: Refined Castor Oil First Stage Grade (F.S.G.): F.S.G. Castor Oil is Castor Oil bleached to British Standard Specifications. It is used in Lubricants, Paints, Pharmaceuticals, Cable insulators, Sealants, Inks, Rubber and Textiles, etc. It is also used to relief Constipation, Eyelashes growth, Hair grow, Skin moisturiser ad to improve immunity function as well as for applying on food grains to protect from insects/fungi. Castor De-Oiled Cake: It is produced by crushing castor seeds in an expeller to extract oil from it at a controlled temperature with the help of steam. It is used as a fertilizer because of the high content of Nitrogen, Phosphoric Acid, Potash, and moisture retention. High Protein Castor De-Oiled Cake: It is an organic manure that enhances the fertility of the soil without causing any damage or decay. The company's manufacturing unit is located in Banaskantha. As of July 31, 2023, the company employs over 60 employees. Rajgor Castor Derivatives' clientele includes manufacturers of Lubricants, Paints, Pharmaceutical

Contact Details

Rajgor Castor Derivatives Ltd. Address807, Titanium One, Nr.Pakwan Cross RoadNr.Shabri Water Works, S.G.HighwayBodakdevAhmedabad, Gujarat, 380054+91 9898926368cs@rajgorcastor.comVisit Website