Rajgor Castor Derivatives Ltd
Price Range
₹47 - ₹50
Min. Quantity
3,000
Closes on
20 October 2023
Min. investment
₹1,50,000/3,000 Shares
Rajgor Castor Derivatives Ltd IPO Timeline
Rajgor Castor Derivatives Limited was originally incorporated as 'Hindprakash Castor Derivatives Private Limited' as a Private Limited Company vide Certificate of Incorporation on June 13, 2018, issued by Registrar of Companies, Central Registration Centre. The name of the Company was changed from 'Hindprakash Castor Derivatives Private Limited' to 'Ardent Castor Derivatives Private Limited', dated January 20, 2022 and thereafter from 'Ardent Castor Derivatives Private Limited' to 'Rajgor Castor Derivatives Private Limited', dated February 15, 2022. Consequently, the Company was converted to Public Limited, name of the Company changed to 'Rajgor Castor Derivatives Limited' and a fresh Certificate of Incorporation dated July 5, 2022 was issued by Registrar of Companies, Ahmedabad.
| Event | Date |
|---|---|
| Rajgor Castor Derivatives Ltd IPO Opening Date | 17 October 2023 |
| Rajgor Castor Derivatives Ltd IPO Closing Date | 20 October 2023 |
| Basis of Allotment | 26 October 2023 |
| Initiation of Refunds | 27 October 2023 |
| Credit of Shares to Demat | 30 October 2023 |
| Rajgor Castor Derivatives Ltd IPO Listing Date | 31 October 2023 |
Rajgor Castor Derivatives Ltd IPO Details
| Rajgor Castor Derivatives Ltd IPO Date | 17 October 2023 to 20 October 2023 |
| Rajgor Castor Derivatives Ltd IPO Face Value | ₹10 per share |
| Rajgor Castor Derivatives Ltd IPO Price | ₹47 to ₹50 per share |
| Rajgor Castor Derivatives Ltd IPO Lot Size | 3,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹47.81 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹44.48 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹3.33 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | - |
| Retail Shares Offered | - |
| NII (HNI) Shares Offered | - |
| Company Promoters | Brijeshkumar Vasantlal Rajgor, Vasantkumar Shankarlal Rajgor, Maheshkumar Shankarlal Rajgor |
Rajgor Castor Derivatives Ltd IPO Lot Size
The Rajgor Castor Derivatives Ltd IPO lot size is 3,000 shares. A retail-individual investor can apply for up to 1 lots (3,000 shares or ₹1,50,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 3,000 | ₹1,50,000 |
| Maximum | 1 | 3,000 | ₹1,50,000 |
- Strengths
- Risks
- Opportunities
- Experienced Management Team.
- Quality Control and Quality Assurance.
- Diversified business model and customer base.
- Scalable Business Model.
Company Financials
Rajgor Castor Derivatives Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 187.82 | 564.98 | 9.78 |
| 03-2023 | 77.83 | 428.87 | 5.54 |
| 03-2022 | 37.53 | 40.91 | 0.52 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- To meet working capital requirements
- General corporate purposes
Rajgor Castor Derivatives Ltd IPO Promoter Holding
| Pre Issue Share Holding | 31% |
| Post Issue Share Holding | 19.37% |
Rajgor Castor Derivatives Ltd IPO Subscription Status (Bidding Detail)
The Rajgor Castor Derivatives Ltd IPO is subscribed 70.0088 times on 20 October 2023 05:00:00 PM. The public issue subscribed 0 times in the retail category, 0 times in the QIB category, and 0 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | - | - | - | - | 70.0088 |
Rajgor Castor Derivatives Ltd IPO Prospectus
Rajgor Castor Derivatives Ltd IPO Listing Date
| Listing Date | 31 October 2023 |
| BSE Script | 91851 |
| NSE Symbol | RCDL |
| Listing In | NSE - SME |
| ISIN | INE0BZQ01011 |
| IPO Price | ₹50 |
| Face Value | ₹10 |
Company Contact Information
# 807 Titanium OneS G Highway Bodakdev,Ahmedabad-380054
Phone: +91 9898926368
Email: cs@rajgorcastor.com
Website: www.rajgorcastor.com
Rajgor Castor Derivatives Ltd IPO Registrar
Email: rajgorcastorderivatives.ipo@linkintime.co.in
Website: www.linkintime.co.in
Rajgor Castor Derivatives Ltd IPO Lead Manager(s)
- Beeline Capital Advisors Pvt Ltd
FAQ
What is the issue size of Rajgor Castor Derivatives Ltd IPO?
I have pre-applied for Rajgor Castor Derivatives Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.