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Open
15 Apr 2024
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Close
18 Apr 2024
3
Allotment
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Listing
Tue, Apr 23, 2024
Price Band
₹80 to ₹85
Issue Size
59,13,600 shares (agg. up to ₹50 Cr)
Lot Size
1,600 Shares
Listing Date
Tue, Apr 23, 2024
Latest GMP
₹9
Est. Gain
10.59%
✦ AI Insight
GMP Trend
23-04-2024₹9Est. ₹94+10.59%
22-04-2024₹9Est. ₹94+10.59%
21-04-2024₹7Est. ₹92+8.24%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 88.10x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Dec 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 203.41 | 190.63 | 131.35 | 101.25 |
| Total Income | 465.70 | 704.33 | 585.25 | 427.17 |
| Profit After Tax | 8.29 | 13.00 | 6.59 | 6.17 |
| NET Worth | 68.57 | 47.83 | 34.83 | 28.24 |
| Reserves and Surplus | 52.36 | 43.25 | 30.24 | 23.65 |
| Total Borrowing | 99.99 | 99.23 | 64.86 | 44.74 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Rajgor Castor Derivatives Ltd. | SME | ₹47.81 Cr | ₹50 | 1.66 | ₹61.10 | +22.20% | ₹14.10 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of new manufacturing facility | 18.81 |
| 2 | Repayment in full or in part, of certain of our outstanding borrowings | 8.42 |
| 3 | Funding the working capital requirements of our Company; and | 12.00 |
| 4 | General corporate purposes | 5.38 |
About Ramdevbaba Solvent IPO
Updated on Aug 5, 2026
Contact Details
Ramdevbaba Solvent Ltd. AddressBhaiya BuildingAnaj Bazar, ItwariItwariNagpur, Maharashtra, 440002+91 0712-7968 189cs@rbsl.co.inVisit Website