Rajputana Biodiesel IPO: Check allotment status, GMP and listing date

The share allotment of Rajputana Biodiesel has been finalized, and the company will get its shares listed on the NSE SME platform on Tuesday. The Rs 25 crore SME IPO received a massive subscription of over 700 times at close, driven by strong bidding from retail and non-institutional investors.

Here's how to check Rajputana Biodiesel IPO allotment status on NSE

Step 1: Visit the NSE Website (https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp)


Step 2: Please select the issue name, that is the company's name in the drop-down.

Step 3: Enter the application number or PAN number to check the allotment status.

To check the status of Rajputana Biodiesel IPO allotment through the registrar, which is Maashtila Securities in this case, kindly follow the below steps.

Step 1: Visit the Maashtila Securities website (https://maashitla.com/allotment-status/public-issues)

Step 2: Select Rajputana Biodiesel IPO

Step 3: Enter the PAN details and click search to know the status

Also Read: IPO afterparty of 2024 a dull affair with every second stock in red

Rajputana Biodiesel IPO: GMP today

In the unlisted market, the company's shares are trading with a GMP of Rs 120, which indicates a maximum premium of just 90% over the issue price on debut.

About Rajputana Biodiesel IPO
The net proceeds from the public offer will be used for a loan to the subsidiary, working capital requirements, general corporate purposes, and issue expenses.


The company is engaged in the business of manufacturing and supplying biofuels and its by-products, namely glycerine and fatty acids. It intends to add value to its by-products and explore the export potential of biodiesel.

The Government of India has proposed a target of 20% blending of ethanol in petrol and 5% blending of biodiesel in diesel by 2030. Biofuels are an appealing alternative energy option because they are renewable and have the potential to lower carbon emissions and environmental impacts while also reducing import dependence.

For the period ending July 2024, the company reported total revenues of Rs 26.72 crore and a net profit of Rs 2.6 crore.