Rajputana Biodiesel plans to launch its IPO on November 26, with the goal of raising Rs 24.7 crore. The shares will be priced between Rs 125-130 each, and the IPO will consist of a fresh issue of 19 lakh equity shares.
Retail investors can bid for a minimum of 1,000 equity shares, which amounts to Rs 1.3 lakh. The maximum investment allowed in any IPO is capped at Rs 2 lakh.
The allocation of shares in the offering is as follows:
The IPO will close on November 28, and trading on the NSE Emerge is expected to begin on December 3.