RBSL IPO Overview! Issue Size, GMP, Issue Price, And All Details To Know

RBSL IPO overview! Issue Size, GMP, Issue Price, and All Details to Know Ramdevbaba Solvent Limited.

RBSL (Ramdevbaba Solvent Limited) trades in Rice Bran Oil and De-Oiled Rice Bran cake. It operates in the agro-industrial sector.

About Ramdevbaba Solvent Limited

Ramdevbaba Solvent started as ‘Ramdevbaba Solvent Private Limited’ in 2008 under the Companies Act, of 1956. It transitioned to a public limited company in 2023. The name changed to ‘Ramdevbaba Solvent Limited’ after shareholders’ approval and a new certificate from the Registrar of Companies, Maharashtra.

RBSL IPO Details

Company: Ramdevbaba Solvent Limited (BSL)
Date: 15th – 18th April
Price Range: ₹80 – ₹85
Total Shares: 128,000
Quantity: 1,600 Qty.
Offer Start: 2024-04-15
Offer End: 2024-04-18
Allotment: 2024-04-19
Refund Initiation: 2024-04-22
Demat Transfer: 2024-04-22
Listing: 2024-04-23
Mandate End: 2024-05-03

GMP of Ramdevbaba Solvent Limited

Ramdevbaba Solvent Limited IPO GMP is ₹27 as of today.

GMP Date	IPO GMP
18-04-2024(Closed)	₹27
17-04-2024	₹27
16-04-2024	₹27
15-04-2024	₹15

PROMOTERS

Prashant Kisanlal Bhaiya
Nilesh Suresh Mohata
Tushar Ramesh Mohata
Aayush Prashant Bhaiya
Prashant Kisanlal Bhaiya (HUF)
Mohata Nilesh Suresh (HUF)
Kishanlal Prashant (HUF)
Prashant & Aayush (HUF)
Prashant Prateek (HUF)

FINANCIAL

Summary of Financial Information

Equity and Liabilities (in ₹ lakhs)

Particulars	Dec ’23	Mar ’23
Shareholder’s Fund
– Share Capital	1,621.18	458.73
– Reserves & Surplus	5,235.97	4,324.52
Non-Current Liabilities
– Long-Term Borrowings	4,137.81	4,228.79
Current Liabilities
– Short-Term Borrowings	5,860.97	5,693.84
– Trade Payables (total)	2,457.33	3,033.21

Assets (in ₹ lakhs)

Particulars	Dec ’23	Mar ’23
Non-Current Assets
– Property, Plant, Equip.	9,362.66	6,205.17
Current Assets
– Inventories	4,449.67	4,693.04
– Trade Receivables	3,523.44	3,870.77
– Cash & Cash Equivalents	22.41	35.64

Profit and Loss (in ₹ lakhs)

Particulars	Dec ’23	Mar ’23
Revenue	46,359.01	69,775.26
Cost of Materials Consumed	38,102.77	57,102.22
Employee Benefits	725.27	653.62
Profit After Tax	828.90	1,300.15

Cash Flow (in ₹ lakhs)

Particulars	Dec ’23	Mar ’23
Operating Activities
– Cash from operations	1,444.64	1,272.82
Investing Activities
– Capex on fixed assets	(908.93)	(3,950.10)
Financing Activities
– New equity shares	1,245.00	–
Net Cash at end of the year	22.42	35.64

Board of Directors

Name	Designation
Prashant Kisanlal Bhaiya	Chairman and Whole-time Director
Nilesh Suresh Mohata	Managing Director
Tushar Ramesh Mohata	Whole-time Director
Rajnandini Tanmay Bhaiya	Non-Executive Director
Amar Sushil Damani	Independent Director
Hemant Gopaldas Kalantri	Independent Director

Also Read: GVL IPO overview! Issue Size, GMP, Issue Price, and All Details to Know

Download Draft Prospectus Pdf

Stock market disclaimer

Note: The information that we provide is based on our analysis, do your research before making an investment decision stock market disclaimer.

What is the GMP for Ramdevbaba Solvent Limited IPO?

The GMP for Ramdevbaba Solvent Limited IPO is ₹27 as of today.

What is the review of Ramdevbaba Solvent Limited IPO?

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What is the subscription status for Ramdevbaba Solvent Limited IPO?

Retail: 5.80x subscribed, NII: 8.18x subscribed, Bids: 1,84,96,000 shares for 39,52,000 shares on offer. Source: chittorgarh.com.

What is the information about Ramdevbaba Solvent Limited IPO in Hindi?

रामदेवबाबा सॉल्वेंट लिमिटेड आईपीओ में खुदरा भाग 5.80 गुण सब्सक्राइब हुआ है और NII भाग 8.18 गुण सब्सक्राइब हुआ है। कंपनी को 1,84,96,000 शेयरों के लिए 39,52,000 शेयर्स की पेशकश मिली है।