Rajputana Biodiesel Limited IPO (Rajputana Biodiesel Limited IPO) Details

Rajputana Biodiesel Limited
Founded in 2016, Rajputana Biodiesel Limited is a leading producer and supplier of biofuels and related by-products, including glycerine and fatty acids. The company focuses on producing high-quality biodiesel with minimal carbon impact, using renewable feedstocks such as animal fat, used cooking oil, and vegetable oils.

Company Overview

Rajputana Biodiesel Ltd. was established with the mission of reducing dependency on fossil fuels by producing eco-friendly biofuels. The company operates from its state-of-the-art production facility located at G24, RIICO Industrial Area, Phulera, Rajasthan, spanning 4,000 square meters. With an approved production capacity of 30 kiloliters per day (kl/pd) and an installed capacity of 24 kl/pd, Rajputana Biodiesel has positioned itself as a prominent player in the biodiesel industry in India.

Product Portfolio

Rajputana Biodiesel manufactures a wide range of biofuels and their by-products, which include:

• Bio-Diesel: High-quality biodiesel produced from renewable resources.
• Crude Glycerin: A by-product of biodiesel production, used in various industrial applications.
• Castic Potash Flakes: Potassium-based chemicals used in the production of biodiesel.
• Waste Sludge: Residual waste generated during the biodiesel production process.
• Used Cooking Oil: Recycled oil used as a feedstock for biodiesel production.
• Esterified Fatty Acid: A product derived from fats, used in various chemical and industrial processes.
• Methanol: A key ingredient in the biodiesel production process.
• Citric Acid: Used in industrial and food applications.
• Refined Rice Oil & Crude Sunflower Oil: Alternative oils used in biodiesel production.
• Sodium Methoxide: A catalyst used in biodiesel production.
• RBD Palm Sterin: A by-product from palm oil refining.
• Job Work (Semi-refining of Glycerine): Offering semi-refining services for glycerine for other manufacturers.
• Fats: Raw materials used in biodiesel production.

Key Milestones & Growth

Rajputana Biodiesel Ltd. has experienced substantial growth since its inception in 2016. The company has achieved a remarkable 128% growth in revenue and a 168% increase in profit after tax (PAT) in FY 2024, reflecting its successful business model and market demand for sustainable energy solutions.

Leadership Team

The company's vision and growth are driven by its promoters, Mr. Sarthak Soni, Mr. Tanay Attar, and Mr. Sudeep, who bring valuable experience and strategic insight to the business. Their leadership has been instrumental in achieving the company’s objectives and positioning Rajputana Biodiesel as a key player in the renewable energy sector.

Employment & Workforce

As of July 31, 2024, Rajputana Biodiesel Ltd. employs 30 permanent staff members, contributing to the company’s operational efficiency and growth.

IPO Plans

To fuel its expansion and raise additional capital, Rajputana Biodiesel Ltd. is preparing for an Initial Public Offering (IPO) of Rs 24.70 crores, with the funds being raised through a fresh issue. This move is expected to further strengthen the company’s financial position and support its growth initiatives.

Environmental Impact

As part of its commitment to sustainability, Rajputana Biodiesel Ltd. focuses on the production of biodiesel that meets international standards while minimizing carbon emissions. This aligns with India’s goals of promoting renewable energy and reducing reliance on fossil fuels.

Conclusion

Rajputana Biodiesel Limited is well-positioned for continued growth in the renewable energy sector, driven by its high-quality products, sustainable production methods, and experienced leadership team. With its upcoming IPO and strong financial performance, the company is poised to expand its market presence and contribute further to the adoption of clean, green energy solutions in India.