Rajgor Castor Derivatives Limited

Company Name	Rajgor Castor Derivatives Limited
Open Date	17-10-2023
Close Date	20-10-2023
Exchange	NSE SME
Lot Size	3000 Shares
Issue Price	₹47 to ₹50 per share
Issue Size	Aggregating up to 47.81 Cr.
Application Amount	₹ 1,50,000
Recommendation	Risk_Averse - Should Wait Risk_Seekers - Should Apply

Rajgor Castor Derivatives Limited was incorporated in the year 2018 and has its registered office in Ahmedabad, Gujarat. The company is in the business of manufacturing of Castor Oil, Castor Oil cake, High Protein Oil cake in the Castor Plant. The company has commenced manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for the domestic market. Company is currently operating on a B2B business Model and offer its customers Castor Oil and its derivatives. As on July 31st, 2023, the company had 60 employees on its payroll.

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Summary of Financials (All financials in Lakh)

For the Period Ended	Mar-22	Mar-23	June-23
Total Assets	3,753.42	7,782.62	9,847.94
Net Assets	201.90	2,365.54	2,558.23
Total Borrowings	1,809.51	4,450.93	5,178.96
Total Revenue	4,091.31	42,887.35	11,276.10
Profit After Tax	52.20	554.46	192.57

Tentative Timeline

Opening Date	17-10-2023
Closing Date	20-10-2023
Basis of Allotment	26-10-2023
Initiation of Refunds	27-10-2023
Credit of Shares to Demat	30-10-2023
Listing Date	31-10-2023

Objects of the Issue

To Meet Working Capital Requirements.

General Corporate Purpose.

To meet Public Offer Expenses.

Contact Information

Registered Office	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/

Offer Documents

Rajgor Castor Derivatives IPO DRHP

Rajgor Castor Derivatives IPO RHP

Registrar Details

Name	Link Intime India Private Ltd
Phone	+91-22-4918 6270
Email	rajgorcastorderivatives.ipo@linkintime.co.in
Website	https://linkintime.co.in/mipo/ipoallotment.html

IPO Reservation

QIB Shares Offered	Not more than 50.00% of the Net offer
Retail Shares Offered	Not less than 35.00% of the Offer
NII (HNI) Shares Offered	Not less than 15.00% of the Offer

Shareholding Pattern

Share Holding Pre Issue(Promoters)	100.00%
Share Holding Post Issue(Promoters)	60.02%