Ramdevbaba Solvent IPO GMP, Price Range, Details and More

Ramdevbaba solvent IPO Will Open On 15-04-2024 and end on 18-04-2024. Ramdevbaba solvent is a Small & Medium Enterprises (SME) IPO. Ramdevbaba Solvent IPO Price Range is ₹80-₹85 and the Lot Size is 1600 shares per lot. The Minimum Bid Price is ₹80 and the Minimum Investment of ₹1,28,000 For one lot and the Maximum Bid Price Is ₹85 and the maximum investment of ₹1,36,000 for one lot.

Ramdevbaba solvent IPO Issue Size is ₹50.27(Cr). Regular Retail Investors can invest up to Rs 2,00,000 and High Networth Individuals can Invest Up to Rs 5,00,000 in Ramdevbaba Solvent Limited IPO. The allotment date of Ramdevbaba Solvent Limited IPO is 19 April 2024. Ramdevbaba solvent IPO to be listed on April 23, 2024

Ramdevbaba solvent IPO Price Range

The Price Range of Ramdevbaba solvent IPO is ₹80-₹85.

Ramdevbaba solvent IPO GMP

As of 14 April 2024, Ramdevbaba solvent IPO IPO GMP is ₹20.

Ramdevbaba Solvent Limited Issue Size

The Issue Size of Ramdevbaba IPO is ₹50.27(Cr).

Ramdevbaba Solvent IPO Expected Return on Listing Day

Expected Returns On the Listing Day of Ramdevbaba Solvent Limited IPO is 25% and the Price Prediction of Ramdevbaba Solvent Limited IPO Share Is ₹100-₹106.

Ramdevbaba solvent Limited Financials

Revenue: Ramdevbaba Solvent Limited revenue in 2023 was ₹697.75(Cr), and in 2022 the revenue was around ₹582.88(Cr) crore, in 2021, Ramdevbaba Solvent Limited revenue was around ₹423.92(Cr).

Profit: Ramdevbaba solvent Profits In 2023 were ₹13 (Cr) and In 2022 The Profit was ₹6.59 (Cr) and In 2021, Ramdevbaba solvent Limited made a profit of 6.17(Cr).

Assets Information: The assets of Ramdevbaba Solvent Limited in 2023 were ₹190.63 Cr), and in 2022, the company’s assets were ₹131.35(Cr), or in 2021, The Company’s assets were ₹101.25(Cr).

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About the Ramdevbaba Sovent Limited

Ramdevbaba Solvent Limited Was Founded in 2008. Ramdevbaba Solvent Limited is specialized in manufacturing and distributing its physically refined rice bran oil. Ramdevbaba Solvent Limited also sells its physically refined Rice bran oil to FMCG companies like Mother Dairy Fruit & Vegetable Private Limited, Marico Limited, and Empire Spices and Foods Ltd. Ramdevbaba Solvent Limited itself also distributes, sells and manufactures rice bran oil under its own brands “Tulsi” and “Sehat”. Ramdevbaba Solvent Limited sells to retailers in Maharashtra through 38 distributors.

The company also manufactures De-oiled rice bran oil for cattle feed, fish feed, and poultry feed, which is sold in Maharashtra, Goa, Madhya Pradesh, and Tamilnadu. Ramdevbaba Solvent Limited has two production plants in Mahadula and Bramhapuri, Maharashtra. The managing director of Ramdevbaba Solvent Limited is Mr Nilesh Suresh Mohata.

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