NSE - SMEListed
Ramdevbaba Solvent Limited
Company websiteRamdevbaba Solvent Limited seeks to raise ₹59,13,600 crore — fresh issue ₹59,13,600 crore, OFS ₹0 crore. Total shares offered: 1600.
Subscribe between 15-04-2024 and 18-04-2024. Allotment is expected on 19-04-2024, with listing on 23-04-2024. Action tip: if you’re unsure, consider starting with a small allocation and review the company’s prospectus.
Start Date15-04-2024
End Date18-04-2024
Listing Date23-04-2024
Allotment Date19-04-2024
Current Price₹112
GMP₹9 (10.59%)
Lot Size1600 Shares
Subscription126.29 Times
Face Value₹10 Per Equity Share
Listing atNSE
Issue Price₹80 - ₹85
Pre Issue₹1,62,11,750
Post Issue₹2,21,25,350
Issue Size₹59,13,600
(aggregating up to 50.27 Cr)
(aggregating up to 50.27 Cr)
Fresh Issue₹59,13,600
(aggregating up to 50.27 Cr)
(aggregating up to 50.27 Cr)
Offer For Sale-
The Grey Market Premium (GMP) for Ramdevbaba Solvent Limited is currently around ₹9 (10.59%). This indicates an estimated listing price of approximately ₹89 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
19 Nov 2025, 08:22 | ₹85 | ₹9 | ₹94 (10.59%) |
04 Apr 2025, 05:31 | ₹85 | ₹9 | ₹94 (10.59%) |
Financials overview In Lakhs
Here is a quick look at the recent financial performance of Ramdevbaba Solvent Limited . The numbers below ( In Lakhs ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Dec-23 | Mar-22 | Mar-22 |
|---|---|---|---|
EPS | 5.6 | 4.79 | 4.79 |
ROE | 0 | 0 | 0 |
ROCE | 10.76 | 14.07 | 14.07 |
RONW | 14.24 | 20.90 | 20.90 |
PRE IPO(PE) | 1.83 | 0 | 0 |
POST IPO(PE) | 10.6 | 0 | 0 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹9.52 | 627.83 | 65.95 |
RETAIL | ₹16.66 | 1332.2 | 79.96 |
Total | ₹26.18 | 1960.03 | 74.87 |
The IPO reservation for Ramdevbaba Solvent Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
RETAIL | 33.14% | 19,60,000 |
NII (HNI) | 14.20% | 8,40,000 |
Anchor | 28.41% | 16,80,000 |
QIB | 18.94% | 11,20,000 |
Market Maker | 5.30% | 3,13,600 |
TOTAL | 100.00% | 59,13,600 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 1,600 | ₹3,13,600 | |
HNI | 2 | 3,200 | ₹2,72,000 |
Below you can find the official contact details of Ramdevbaba Solvent Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: cs@rbsl.co.in
Phone: +91 0712-7968 189
Website: http://www.ramdevbabasol.com/
Address: Bhaiya Building, Anaj Bazar, Itwari, Nagpur -440 002