Rajputana Biodiesel IPO Allotment Status

Summary

Rajputana Biodiesel IPO has closed with an exceptional response from investors, achieving a remarkable final subscription of 718.81 times by 28th November 2024 at 5:45:59 PM (Day 3). The public issue has witnessed unprecedented demand across all investor categories.

The Non-Institutional Investors (NII) category led with an extraordinary 1,345.96 times subscription, demonstrating overwhelming institutional confidence. The Retail Investors segment showed tremendous enthusiasm with 746.57 times subscription, while the Qualified Institutional Buyers (QIB) portion achieved an impressive 177.38 times subscription.

The Anchor Investors portion was fully subscribed before the public issue, raising ₹6.70 crores. The offering has attracted a total of 5,12,724 applications, marking it as one of the most subscribed SME IPOs of recent times.

How to Check Rajputana Biodiesel IPO Allotment Status:

How do you Check Rajputana Biodiesel IPO Allotment Status on the Registrar's Site?

Step 1: Visit the web portal of Maashitla Securities Private Limited (https://maashitla.com/allotment-status/public-issues)

Step 2: From the selection menu, choose Rajputana Biodiesel IPO.

Step 3: Pick a mode from the following three: PAN ID, Demat Account number, or Application number

Step 4: Choose "Application Type," then "ASBA" or "non-ASBA."

Step 5: Enter the information relevant to the mode you have chosen.

Step 6: For security reasons, please fill out the captcha accurately.

Step 7: Click "Submit."

How to Check Rajputana Biodiesel IPO Allotment Status on NSE?

On the website of the National Stock Exchange (NSE), investors who placed a bid for the Rajputana Biodiesel IPO can monitor the allotment status:

Step 1: Click on this link: https://www.bseindia.com/investors/appli_check.aspx

Step 2: Click on "Issue Type" and choose "Equity."

Step 3: Choose "Rajputana Biodiesel Limited" from the dropdown menu under "Issue Name."

Step 4: Enter your application number.

Step 5: Give the PAN ID.

Step 6: Select 'I am not a robot' and press the search button.

How to Check IPO Allotment Status in a Bank Account?

Log into your Internet Banking: Go to your bank's website or mobile app and log in.

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections by going to the IPO Section. You can find this under the investing or services tab.

Offer Required Information: You might be asked to provide information like your PAN, application number, or other identifiers.

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear.

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources.

How to Check IPO Allotment Status in a Demat Account? 

Open Your Demat Account and Log in: To access your Demat account, use the mobile app or website of your Depository Participant (DP).

Find IPO Section: Look for the section titled "IPO" or "Portfolio." Search for any services or entries connected to the IPO.

Verify IPO Allotment Status: Look through the IPO section to see if the shares you were given are visible in your Demat account. This section often displays the status of your IPO application.

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation.

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service.

Rajputana Biodiesel IPO Timeline:

Rajputana Biodiesel IPO Subscription Status

Rajputana Biodiesel IPO received 718.81 times subscriptions with 5,12,724 applications. By 28th November 2024 at 5:45:59 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:45:59 PM)

• Total Subscription: 718.81 times
• QIB: 177.38 times
• NII: 1,345.96 times
• Retail investors: 746.57 times 

Subscription Day 2 (November 27, 2024)

• Total Subscription: 87.56 times
• QIB: 1.54 times
• NII: 64.37 times
• Retail investors: 144.70 times

Subscription Day 1 (November 26, 2024)

• Total Subscription: 19.54 times
• QIB: 0.71 times
• NII: 13.27 times
• Retail investors: 32.56 times

Rajputana Biodiesel IPO Details 

Rajputana Biodiesel's initial public offering (IPO) is a book built issue of ₹24.70 crores. This offering consists entirely of a fresh issue of 19 lakh shares, aimed at expanding their manufacturing capabilities and strengthening their market position in the biofuels sector.

The bidding process commenced on 26th November 2024 and concluded on 28th November 2024. The allotment results are anticipated to be finalised on 29th November 2024. Furthermore, the shares of Rajputana Biodiesel are set to be listed on NSE SME, with a provisional listing date scheduled for 3rd December 2024.

The price band has been established between ₹123 and ₹130 per share. Investors must apply for a minimum lot size of 1,000 shares, which requires a minimum investment of ₹130,000 for retail investors. For non-institutional investors (NII), the minimum investment consists of 2 lots (2,000 shares), totalling ₹260,000.

GYR Capital Advisors Private Limited serves as the book running lead manager for the IPO, while Maashitla Securities Private Limited is designated as the registrar for this offering. Giriraj Stock Broking is the market maker for this offering.