Ramdevbaba Solvent IPO hits Street: Check out price band, lot size, allotment date, other details

Ramdevbaba Solvent IPO: Ramdevbaba Solvent IPO launched its IPO for subscription on Monday, April 15. The IPO of the company will be open for subscription for three trading days, i.e., until April 18 from 10 am to 5 pm. Ramdevbaba Solvent IPO is a book-built issue of Rs 50.27 crore and is entirely a fresh issue of 59.14 lakh share.

Ramdevbaba Solvent IPO price band, Ramdevbaba Solvent IPO lot size

Ramdevbaba Solvent IPO's price band is fixed at Rs 80 to Rs 85 per share. The minimum lot size for an application is 1600 shares. The minimum amount of investment required by retail investors is Rs 136,000. 

Ramdevbaba Solvent IPO Open Date: Monday, April 15, 2024
Ramdevbaba Solvent IPO Close Date: Thursday, April 18, 2024
Ramdevbaba Solvent IPO Allotment Date: Friday, April 19, 2024
Ramdevbaba Solvent IPO Listing Date: Tuesday, April 23, 2024

Ramdevbaba Solvent IPO: Book-running lead manager

Choice Capital Advisors is the book-running lead manager of the Ramdevbaba Solvent IPO. 

Ramdevbaba Solvent IPO

Bigshare Services is the registrar for the issue.

What does Ramdevbaba Solvent do?

Founded in 2008, Ramdevbaba Solvent produces and distributes physically refined rice bran oil.

Ramdevbaba Solvent is engaged in the manufacture, distribution, marketing, and sale of rice bran oil to FMCG companies. The Company also manufactures, markets, and sells rice bran oil under its brands "Tulsi" and "Sehat".

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