Rajgor Castor Derivatives Limited

About the company

## **About Rajgor Castor Derivatives Limited IPO :** Incorporated in 2018 as “Hindprakash Castor Derivatives Private Limited, Subsequently, the name of the company was changed from “Hindprakash Castor Derivatives Private Limited” to “Ardent Castor Derivatives Private Limited”, in January 2022. Later on, the name of the company was changed from “Ardent Castor Derivatives Private Limited” to “Rajgor Castor Derivatives Private Limited” in February 2022. Rajgor Castor Derivatives Limited has commenced manufacturing of Refined Castor Oil First Stage Grade (F.S.G.), Castor De-Oiled Cake and High Protein Castor De-Oiled Cake for the domestic market. They are currently operating on a B2B business model and offer their customers Castor Oil and its derivatives & the primary focus is on operations relating to quality control, inventory management and business development Castor oil is a yellow viscous liquid free from suspended matter and insoluble in water. It is produced by refining commercial grade Castor Oil after undertaking the bleaching and filtering process. Castor oil has multiple industrial applications and is extensively demanded in Lubricants, Paints, Pharmaceuticals, Cable insulators, Sealants, Inks, Rubber and Textiles etc. It is also used to relief Constipation, Eyelashes grow, Hair grow, Skin moisturiser ad to improve immunity function. It is also used for applying on food grains to protect from the insects/fungus. High Protein Castor De Oiled Cake is an organic manure which enhances the fertility of the soil without causing any damage or decay. They supply their  products in states such as Gujarat, Delhi, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Telangana, Uttar Pradesh and Uttarakhand. Rajgor Castor Derivatives Limited  is set to debut its initial public offering (IPO). The proceeds generated from the Fresh Issue will be allocated towards the following objectives: 1. To Meet Working Capital Requirements 2. General Corporate Purpose  3. To meet Public Offer Expenses ## **Here are key details about the Rajgor Castor Derivatives Limited IPO :** Company Name| Rajgor Castor Derivatives Limited|  | Company Type| Private ---|---|---|---|--- IPO Type|SME|

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   17 Oct 2023

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   20 Oct 2023

   Last day to place your bid

3. Basis of Allotment

   Completed
   19 Oct 2023

   Share allotment finalised

4. Refund Initiation

   Completed
   27 Oct 2023

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   26 Oct 2023

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   31 Oct 2023

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.