Thursday, October 12, 2023

Rajgor Castor Derivatives Limited IPO

Rajgor Castor Derivatives Limited IPO

Incorporated in the year 2018, in the name of Hindprakash Castor Derivatives Private Limited and later on changed to Ardent Castor Derivatives Private Limited and Rajgor Castor Derivatives Private Limited. In July 2022 Company converted into Public limited and known as Rajgor Castor Derivatives Limited. RCDL is Ahmedabad (Gujarat) based company recognized among distinguished Manufacturers, Exporters and Suppliers of Castor Oil and Derivatives. Owing to our elevated operational capacity and excellent customer dealing services, we have managed to touch annual turnover of around Rs. 455.96 crores which elucidates our financial stability. Up-to December 2021, company was subsidiary of M/s Mangalam Global Enterprises Limited, a NSE listed Company which was engaged into the Manufacturing of Castor oil and Castor Derivative business( apart of Managalam Group). RCDL was managed by the Managalm Family and Rajgor Family. After December 2021, RCDL is exclusively managed by the Rajgor Family under the promotership of Brijesh Rajgor, Vasant Rajgor and Mahesh Rajgor.

Event Minimum Maximum
Lot 1 Lot 1 Lot
Shares 3,000 Shares 3,000 Shares
Amount ₹1,50,000 ₹1,50,000


Company Name Symbol Listing Exchange Issue Size IPO Open Date IPO Closing Date IPO Listing Date
Rajgor Castor Derivatives Limited RCDL NSE, SME 95,61,000 17 Oct 23 20 Oct 23 31 Oct 23


Face Value Allotment Date Refunds Date Shares Credit in demat Date
₹10 per share 26 Oct 23 27 Oct 23 30 Oct 23

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