Rajgor Castor Derivatives IPO Details

Open Date

17 Oct 2023

20 Oct 2023

3000 shares

₹47.81 Cr

Lot Size

IPO Size

Listing At

NSE SME

Listing  Date

Price Range

₹47 to ₹50

Close Date

Allotment Date

26 Oct 2023

31 Oct 2023

IPO Details

Rajgor Castor Derivatives Limited, founded in 2018, produces castor oil-based goods for the Indian market. Among the company's products are: First Stage Grade (F.S.G.) Refined Castor Oil: F.S.G. Castor Oil bleached to British Standard Specifications is Castor Oil. It is found in lubricants, paints, pharmaceuticals, cable insulators, sealants, inks, rubber, and textiles, among other applications. De-Oiled Castor Cake: It is made by crushing castor seeds in an expeller and extracting oil from them at a regulated temperature using steam. Because of its high nitrogen, phosphoric acid, potassium, and moisture retention content, it is utilized as a fertilizer.

About the Company

The Offer Proceeds from the Fresh Issue will be utilized towards the following objects: To Meet Working Capital Requirements. General Corporate Purpose. To meet Public Offer Expenses

Objective

The book-running lead managers to the offer are: Beeline Capital Advisors Pvt Ltd

Book Runners

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