Rajgor Castor Derivatives Limited (RCDL) is a manufacturer and supplier of castor oil and its derivatives. The company was founded in 2018. It operates on a B2B business model.
RCDL’s products include:
Refined Castor Oil First Stage Grade (F.S.G.)
Castor De-Oiled Cake
High Protein Castor De-Oiled Cake
RCDL’s products are used in:
Lubricants, Paints, Pharmaceuticals, Cable insulators, Sealants, Inks, Rubber, Textiles.
RCDL’s promoters are:
Brijeshkumar Vasantlal Rajgor
Vasantkumar Shankarlal Rajgor
Maheshkumar Shankarlal Rajgor
RCDL’s IPO was open on October 19, 2023. Retail investors could invest a minimum of ₹150,000 (3,000 x ₹50 per share) in the IPO. HNI / NII investors could invest a minimum of 2 lots comprising of 6,000 shares and having a minimum lot value of ₹300,000.
Rajgor Castor Derivatives Limited IPO Timeline
| Particular | Date |
| IPO Open Date | 17 Oct 2023 |
| IPO Close Date | 20 Oct 2023 |
| Allotment Date | 26 Oct 2023 |
| IPO Listing Date | 31 Oct 2023 |
Rajgor Castor Derivatives Limited IPO Details
| Issue Type | Book Built Issue IPO |
| Face Value | Rs. 10 Per Equity Share |
| IPO Price | Rs.47 to Rs.50 Per Equity Share |
| Market Lot | 3000 Share |
| ISIN Code | |
| Listing At | NSE SME |
| Issue Size | Approx. Rs. 48 Crore. |
Rajgor Castor Derivatives Limited IPO Lot Size
| Application | Lots | Shares | Amount |
| Minimum | 1 | 3000 | Rs. 150000 |
| Maximum | 1 | 3000 | Rs. 150000 |
| Small HNI (Minimum) | 2 | 6000 | Rs. 300000 |
Rajgor Castor Derivatives Limited IPO Details Allotment Status
Company Financials:
| Particular | 31 March 2023 | 31 March 2022 | 31 March 2021 |
| Total Assets | 7782.64 | 3753.42 | 2578.48 |
| Total Revenue | 42887.35 | 4091.30 | 1100.69 |
| Profit After Tax | 554.47 | 52.19 | -180.18 |
Company Promoters:
Mr. Brijeshkumar Vasantlal Rajgor, Mr. Vasantkumar Shankarlal Rajgor and Mr. Maheshkumar Shankarlal Rajgor are the company’s promoters.
Purpose of the Issue
- To Meet Working Capital Requirements.
- General Corporate Purpose.
- To meet Public Offer Expenses
Registrar & Company Details
| Company Contact Information | IPO Registrar |
| Rajgor Castor Derivatives Limited 807, Titanium One, Nr. Pakwan Cross Road, Nr. Shabri Water Works, S.G. Highway Bodakdev, Ahmedabad-380054 Phone: +91 9898926368 Email: cs@rajgorcastor.com Website: https://www.rajgorcastor.com/ | Link Intime India Private Ltd Phone: +91-22-4918 6270 Email: rajgorcastorderivatives.ipo@linkintime.co.in Website: https://linkintime.co.in/mipo/ipoallotment.html |
