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15 Days Price Change

Rajgor Castor Deriv IPO

Closing In

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Issue Size --
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Price Range 47  to  50 per share
Profile
Min Investment ₹50
Profile
Lot Size 1
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Face Value ₹10
Profile
Draft Prospectus
Invest Before the IPO Goes Live

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Profile
  • Basic Info
  • IPO Tentative Timetable
  • IPO Lot Size
  • Subscription Status
  • Financials
  • Profit & Loss
  • Balance Sheet
  • Cash Flow
  • Ratios
  • Growth Rates
  • Other info

Overview

Rajgor Castor Derivatives Ltd is a leading agribusiness company specializing in the production and processing of castor oil and its derivatives. With a strong commitment to quality, sustainability, and innovation, the company has established itself as a prominent player in the global castor oil industry. Rajgor Castor Derivatives Ltd boasts a state-of-the-art manufacturing facility, equipped with cutting-edge technology to ensure the highest standards of product quality. They are dedicated to eco-friendly practices, utilizing sustainable farming techniques and adhering to environmentally responsible production processes. The company's product range includes castor oil, castor meal, and various castor oil derivatives that find applications in industries such as pharmaceuticals, cosmetics, and lubricants. Rajgor Castor Derivatives Ltd is known for its unwavering commitment to customer satisfaction and remains a reliable partner for businesses seeking high-quality castor oil products. Read More

Basic Info

Face Value 10 per share

Price 47  to  50 per share

P/E (x) 13.2

Sales( Cr.) 625

PAT( Cr.) 9

EPS 3.8

Draft Prospectus

Exchange NSE-SME

Promoter

Company Promoters

Mr. Brijeshkumar Vasantlal Rajgor Mr. Vasantkumar Shankarlal Rajgor Mr. Maheshkumar Shankarlal Rajgor

Pre Issue Share Holding 100%

Post Issue Share Holding --%

Listing Details:

Listing Price: 59

Listing Gain: 15.25%

Current Price: 26.6

Gain On Issue: 26.6 | 0%

GMP: --

GMP %: -- %

IPO Tentative Timetable

Opening Date Oct 17, 2023
Closing Date Oct 20, 2023
Allotment Oct 23, 2023
Refund Oct 24, 2023
Delivery of Shares Oct 24, 2023
Listing Date Oct 25, 2023

IPO Lot Size

Application Lots Shares Amount
Retail (Min) 1 3000 150,000
Retail (Max) 1 3000 150,000
S-HNI (Min) 2 6000 300,000
S-HNI (Max) 6 18000 900,000
B-HNI (Min) 7 21000 1,050,000

Objective of the Issue

1. To Meet Working Capital Requirements. 2. General Corporate Purpose. 3. To meet Public Offer Expenses.

Issue

Category Nos Bid Bid (x)
QIB 4780500 169803360 35.5x
NII 3346350 870084464 260x
Retail 1434150 115735905 80.7x
EMP 0 0 0x
Total 9561000 1027138230 107.4x

Net Sales (in cr.)

Total Income (in cr.)

Operating Profit (in cr.)

Net Profit (in cr.)

Shareholder Funds (in cr.)

Total Assets (in cr.)

Rajgor Castor Deriv Profit & Loss

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 113 14 10 40 429 565 625
Other Income 0 1 1 1 0 0 2
Total Income 113 15 11 41 429 565 627
Total Expenditure 110 13 10 37 417 545 604
Operating Profit 2 2 1 4 12 20 23
Interest 1 2 2 2 2 5 8
Depreciation 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0
Profit Before Tax 0 -1 -3 0 9 14 14
Provision for Tax 0 -0 -1 -0 3 4 5
Profit After Tax 0 -1 -2 1 6 10 9
Adjustments 0 0 0 0 0 0 0
Profit After Adjustments 0 -1 -2 1 6 10 9
Adjusted Earnings Per Share 4.4 -11.8 -21.9 6.3 3.7 4.1 3.8

Rajgor Castor Deriv Balance Sheet

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 4 3 1 2 24 74 83
Minority's Interest 0 0 0 0 0 0 0
Borrowings 18 9 9 6 4 2 1
Other Non-Current Liabilities 0 0 -1 -1 2 2 2
Total Current Liabilities 4 14 15 29 48 110 70
Total Liabilities 27 26 25 37 78 188 155
Fixed Assets 17 22 21 20 20 21 20
Other Non-Current Assets 6 1 0 0 1 2 2
Total Current Assets 3 3 3 16 57 164 133
Total Assets 27 26 25 37 78 188 155

Rajgor Castor Deriv Cash Flow

#(Fig in Cr.) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 0 0 1 0 1
Cash Flow from Operating Activities 2 2 -1 7 -40 -34 11
Cash Flow from Investing Activities -23 -1 -0 -0 -1 -4 1
Cash Flow from Financing Activities 21 -1 2 -7 41 38 -12
Net Cash Inflow / Outflow 0 0 0 0 -0 0 0
Closing Cash & Cash Equivalent 0 0 0 1 0 1 1

Rajgor Castor Deriv Ratios

# Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 4.36 -11.76 -21.85 6.33 3.69 4.09 3.77
CEPS(Rs) 12.41 4.46 -5.46 22.96 4.63 4.69 4.39
DPS(Rs) 0 0.03 0 0 0 0.1 0.1
Book NAV/Share(Rs) 52.85 40 18.16 24.48 15.75 31.03 34.71
Core EBITDA Margin(%) 2.04 9.69 -1.27 6.79 2.69 3.57 3.37
EBIT Margin(%) 1.45 7.16 -2.2 6.46 2.38 3.35 3.44
Pre Tax Margin(%) 0.44 -9.75 -25.85 0.81 2.02 2.41 2.23
PAT Margin (%) 0.32 -6.94 -18.49 1.32 1.29 1.73 1.44
Cash Profit Margin (%) 0.91 2.63 -4.62 4.77 1.62 1.99 1.68
ROA(%) 1.34 -3.64 -7.03 1.7 9.7 7.37 5.25
ROE(%) 8.25 -25.34 -75.14 29.69 43.19 19.99 11.46
ROCE(%) 6.92 4.25 -0.9 11.52 23.12 19.91 17.34
Receivable days 0.07 8.83 13.07 1.04 6.17 36.67 52.52
Inventory Days 0 2.63 5.65 60.68 13.74 14.11 15.7
Payable days 0.86 3.66 1.93 4.99 2.82 16.42 16
PER(x) 0 0 0 0 0 8.49 4.51
Price/Book(x) 0 0 0 0 0 1.12 0.49
Dividend Yield(%) 0 0 0 0 0 0.29 0.59
EV/Net Sales(x) 0.17 1.44 2.31 0.44 0.11 0.23 0.13
EV/Core EBITDA(x) 8.42 8.61 19.83 4.46 3.99 6.38 3.61
Net Sales Growth(%) 0 -87.59 -30.32 307.04 980.81 31.73 10.72
EBIT Growth(%) 0 -38.73 -121.44 1293.25 298.42 85.16 13.95
PAT Growth(%) 0 -369.87 -85.71 128.97 962.41 76.46 -7.94
EPS Growth(%) 0 -369.87 -85.76 128.97 -41.68 10.83 -7.94
Debt/Equity(x) 4.42 6.11 15.27 8.96 1.88 0.64 0.53
Current Ratio(x) 0.82 0.23 0.2 0.54 1.18 1.5 1.89
Quick Ratio(x) 0.82 0.22 0.19 0.1 0.78 1.28 1.47
Interest Cover(x) 1.44 0.42 -0.09 1.14 6.59 3.59 2.83
Total Debt/Mcap(x) 0 0 0 0 0 0.57 1.07

Sihora Industries Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 11% 150% 114% 0%
Operating Profit CAGR 15% 79% 63% 0%
PAT CAGR -10% 108% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 17% NA% NA% NA%
ROE Average 11% 25% 6% 2%
ROCE Average 17% 20% 14% 12%

Company Contact Information

Rajgor Castor Derivatives Ltd.

House – 4 Arista @ Eight Corporate House B / H Satyam House, Rajpath Club Road Bodakdev

IPO Lead Manager(s)

Rajgor Castor Derivatives Ltd.

Beeline Capital Advisors Pvt Ltd.

Registrar Info

Rajgor Castor Derivatives Ltd.

Frequently Asked Questions

All You Need To Know About IPO

When you leave without vesting, generally unvested ESOPs are cancelled. Vested ESOPs usually can be exercised after you depart, often within 3 to 6 months, depending on the company's ESOP plan.

For companies listed on a stock exchange, you can sell the shares any time after you exercise the ESOP option and the shares are in your demat account. If the company is unlisted or otherwise a startup, you can only sell the shares if and when the company announces a buyback or has a process for secondary sales.

Whenever you exercised your options to hold shares, you entered into a market risk situation, and if the valuation of the company drops, so do the shares.

Yes. ESOPs are valuable to the employer in that the employer is able to retain the best talent, align employee interests with company goals, and preserve cash while rewarding performance.

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