Rajgor Castor Derivatives IPO Subscription Status | Rajgor IPO Subscription Status

Rajgor IPO Subscription Status: Rajgor Castor Derivatives Limited, a company with a strong focus on quality and customer satisfaction, has recently launched an SME IPO with an issue size of 9,561,000 equity shares, valued at Rs 47.81 Crores. Investors can apply for this IPO from October 17, 2023, to October 20, 2023. With a face value of Rs 10 per share and an offer price ranging from Rs 47 to Rs 50 per share, this IPO presents an exciting opportunity for those looking to invest. The minimum lot size is set at 3000 shares or its multiple.

See Also: Rajgor IPO GMP Today

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Let’s take a closer look at the Rajgor Castor Derivatives IPO Subscription Status:

Rajgor Castor Derivatives Subscription Status

DayQIBNon-institutional
Investors (NII)
Retail Individual
Investor (RII)
TotalLast Updated
20th Oct 202315.74x54.09x53.81x43.34xOct 20, 2023; 13:35
19th Oct 202310.79x10.35x26.56x18.65xOct 19, 2023; 07:51
18th Oct 202310.78x3.87x13.79x10.79xOct 18, 2023; 08:21
17th Oct 202310.76x1.49x5.67x6.16xOct 17, 2023; 17:26
Rajgor IPO Subscription Status

Number of Shares Offered

QIBNon-institutional Investors (NII)Retail Individual Investor (RII)Total
17,22,00013,62,00031,42,00062,26,000

Rajgor Castor IPO Dates

Latest and updated information about Rajgor Castor Derivatives SME IPO. Dates are updated as they are announced.

SME IPO ActivityDate
SME IPO Open Date17th Oct 2023
SME IPO Close Date20th Oct 2023
Basis of Allotment
Finalisation Date*
26th Oct 2023
Refunds Initiation*27th Oct 2023
Credit of Shares
to Demat Account*
30th Oct 2023
SME IPO Listing Date*31st Oct 2023

About Rajgor Castor Derivatives

Rajgor Castor Derivatives Limited, founded in June 2018, is a company that specializes in the manufacturing of refined castor oil First Stage Grade (F.S.G.), deoiled castor cake, and deoiled castor cake with high protein content for the domestic market. The company operates under a B2B business model, supplying castor oil and its derivatives to its customers. With a strong focus on quality control, inventory management, and business development, Rajgor Castor Derivatives is dedicated to achieving maximum customer satisfaction by offering high-quality products.

Castor oil, one of their primary products, has a wide range of industrial applications, from lubricants and paints to pharmaceuticals and textiles. It also serves various other uses, such as relieving constipation, enhancing hair growth, moisturizing the skin, and strengthening the immune system. The company is committed to providing quality products while maintaining ethical business relationships and timely product delivery.

Strengths of Rajgor Castor Derivatives

  1. Experienced Management Team: The company is led by a team with a wealth of experience in the industry.
  2. Quality Control and Assurance: Strict quality standards are maintained throughout the manufacturing process.
  3. Diversified Business Model: A B2B approach and a wide range of products contribute to a diverse customer base.
  4. Scalable Business Model: Rajgor Castor Derivatives has established a strong presence in both domestic and global markets.

Rajgor Castor Derivatives SME IPO Objective

The funds raised from the Fresh Issue in the IPO will be allocated as follows:

  1. Working Capital Requirements: To meet the growing operational needs of the company.
  2. General Corporate Purpose: For various corporate expenses.
  3. Public Offer Expenses: Covering the expenses related to the IPO.

Conclusion

Rajgor Castor Derivatives Limited’s SME IPO presents an exciting investment opportunity for those interested in a company with a strong commitment to quality and customer satisfaction. As the subscription period progresses, it will be interesting to see how this IPO is received by investors. With its experienced management team, diversified business model, and a clear focus on quality, Rajgor Castor Derivatives is poised for growth in the industry.

For more details and to apply for this IPO, you can visit their official website: Rajgor Castor Derivatives.

Invest wisely and stay tuned for the latest updates on the Rajgor Castor Derivatives Subscription Status!

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