Raj Oil Mills Limited IPO (Raj Oil Mills IPO) Detail

Jul 20, 2009 - Jul 23, 2009

Incorporated in 2001, Raj Oil Mills Ltd is in the business of manufacturing and processing of coconut, groundnut, mustard, and soya bean oil. Raj Oil Mills is the oldest (founded in 1943) and the most successful oil production company in India. Company's products are sold under three brands i.e ‘Cocoraj’, ‘Guinea’ and ‘Raj’. These brands are in existence for more than 5 decades.

At present, Raj Oil Mills is engaged in the business of Crushing and Oil Filtration with a capacity of 5000 TPA and 30000 TPA respectively. Company have products under the following brands:

1. Cocoraj (Coconut Oil)
2. Cocoraj Cool (Ayurvedic Oil)
3. Guinea Groundnut Oil (Double Filtered Oil)
4. Guinea Lite Groundnut Oil (Refined Oil)
5. Guinea Lite Sunflower Oil (Refined Oil)
6. Guinea Lite Cottonseed Oil (Refined Oil)
7. Guinea Lite Soyabean Oil (Refined Oil)
8. Tilraj Til Oil
9. Mustraj Mustard Oil
10. Cocoraj Jasmine

Company Promoters:

1. Mr. Shaukat S.Tharadra
Mr. Shaukat is 63 yrs old Bachelor of Science (B.Sc). He started his career in the year 1966 as an Oil Trader and Manufacturer. He carries vast industrial experience of more than four decades in the edible oil industry.

2. Mrs. Shahida S. Tharadra

Objects of the Issue:

    The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
  1. For setting up of facilities at Manor, district Thane;

    • Refinery of 200 TPD which can process Sunflower, Soyabean, Groundnut, Palm, Cotton Seed oils.

    • Crushing unit of 200 TPD for Groundnut and Copra.

    • Palm Fractionation unit of 100 TPD and Vanaspati Ghee of 50 TPD.

    • Ayurvedic and Cosmetic unit of 5 TPD.

    • In house Blow Moulding Plant for PET Bottles.



  2. For setting up of Crushing unit of 200 TPD for Sesame and Mustard at Bagru, district Jaipur;

  3. To meet margin money for Working Capital Requirements;

  4. For Brand Promotion and Expansion of Marketing & Distribution Network;

  5. For setting up of Research and Development facilities;

  6. Issue Related Expenses & get the shares listed on the Stock Exchanges.

Raj Oil Mills IPO Details

IPO DateJul 20, 2009 - Jul 23, 2009
Issue TypeBook Built Issue IPO
Issue Size9,500,000 Eq Shares of ₹10
(aggregating up to ₹114.00 Cr)
Face Value₹10 Per Equity Share
IPO Price₹100 to ₹120 Per Equity Share
Market Lot50 Shares
Min Order Quantity50 Shares
Listing AtBSE, NSE

Raj Oil Mills IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum150₹6,000
Maximum331650₹198,000
Raj Oil Mills Ltd IPO Grading / Rating

ICRA has assigned an IPO Grade 2 to Raj Oil Mills Ltd IPO. This means as per ICRA, company has Below average fundamentals. ICRA assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong .Link to download Care rating document.

Raj Oil Mills IPO Subscription Status (Bidding Detail)

Raj Oil Mills IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

QIB

NII

RII

Total

Shares Offered

4,750,000

1,425,000

3,325,000

9,500,000

Jul 23, 2009 17:00

0.75x

3.98x

0.77x

1.24x

Raj Oil Mills IPO Prospectus

Raj Oil Mills IPO Rating

61
3.3
Rating:Rated 3.3 stars

Vote Here ...

Raj Oil Mills IPO Listing Date

Listing DateWednesday, August 12, 2009
BSE Script Code533093
NSE SymbolRAJOIL
Listing InB
ISININE294G01018
IPO Price₹120 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹120.00
₹125.05
₹115.60
₹133.70
₹119.30
17,391,035
NSE
₹120.00
₹120.00
₹115.25
₹133.50
₹119.25
16,784,883

Raj Oil Mills IPO Reviews / Ratings

  • Angel Broking - Neutral
  • Sushil Finance Ltd - Subscribe

Company Contact Information

Raj Oil Mills Limited
Raj Oil Mills Ltd,
224 - 230, Bellasis Road,
Mumbai - 400 008.

Phone: + 91-22-23021996 – 98
Email: ipo@rajoilmillsltd.com
Website: http://www.rajoilmillsltd.com

Raj Oil Mills IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: iporaj@bigshareonline.com
Website: http://www.bigshareonline.com

Raj Oil Mills IPO FAQs

  1. 1. What is Raj Oil Mills IPO?

    Raj Oil Mills IPO is a main-board IPO of 9,500,000 equity shares of the face value of ₹10 aggregating up to ₹114.00 Crores.

    The issue price of the IPO is ₹100 to ₹120 Per Equity Share. The minimum order quantity is 50 Shares per application and the offer type is Book Built Issue.

    The IPO opens on Jul 20, 2009 and closes on Jul 23, 2009.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. 2. When Raj Oil Mills IPO will open?

    The Raj Oil Mills IPO opens on Jul 20, 2009 and closes on Jul 23, 2009.

  3. 3. How to apply for Raj Oil Mills IPO?

    Raj Oil Mills IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Raj Oil Mills IPO allotment?

    The finalization of Basis of Allotment for Raj Oil Mills IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Raj Oil Mills IPO allotment status.

  5. 5. When is Raj Oil Mills IPO listing date?

    The Raj Oil Mills IPO listing date is on Wednesday, August 12, 2009, at BSE, NSE.
  6. 6. What is the lot size of Raj Oil Mills IPO?

    Raj Oil Mills IPO lot size is 50 Shares and the minimum order quantity is 50 Shares.

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Raj Oil Mills IPO Review / Comments

Ravi, Bangalore
177. Ravi, Bangalore  Oct 6, 2009 18:12
Its medium-term target appears to be 11% of 133.5 (life-high) = Rs.14.7.

For more details about how I arrived for that price, carefully read the following: -

The 8-Year Cycle and its implications

The Sensex is assumed to be under a larger 8-year cycle ever since its birth. 1984 was the beginning of 8-year long bull-run till '1992.

The next two important turning points occurred exactly 8 years thereafter, in '1992 and '2000. Both these turning points were marked by stock market scams, because of which the leaders of the rally had extremely difficult time later. For example, ACC, the leading stock of '1992 bull market, remained below its highs till end of '2004. Similarly, the IT stocks, which were leaders of '2000 rally, lost as much as 90% of their top valuations by the year '2003, and most are below their top levels even today.

Last year, we were sitting on this very important cycle, which therefore, threw up similar possibilities.

Remember, every 8 years, market does see a deep cut in valuations. In the previous 8-year cycle top during ‘1992-93, Sensex lost 56% from 4546 to 1980. In the next cycle top, the cut was almost 58% from 6150 in ‘2000 to 2594 in ‘2001. Time-wise, ‘1992 cycle completed the bear phase in 12-16 months, while the ‘2000 cycle took 19 months only to hit the low, which was then followed by 19 months of base formation before bull phase could begin again.

Accordingly, it is targeted sub-10k levels for Sensex price-wise, and a minimum of 13 months into bear phase time-wise. Index achieved the forecast price/time targets.
rama
176. rama  Aug 24, 2009 16:27
at Rs 70-80 range i think one can buy raj oil.
CA NITIN
175. CA NITIN  Aug 20, 2009 00:33
Dear Frnds

look at the msg posted by PRAKASHIPO

176. prakashipo
Apply Jindal Cotex. This is really a multibagger. Will list minimum @Rs.175-180. This is my challange. Recover losses if any from Raj Oil & enjoy. prakashipo

So finally he accepted that peopls suffered losses in this IPO.
U all aware that he suggested to puchase this IPO ......


prakashipo
174. prakashipo  Aug 19, 2009 21:13
Apply Jindal Cotex. This is really a multibagger. Will list minimum @Rs.175-180. This is my challange. Recover losses if any from Raj Oil & enjoy. prakashipo.
prakashipo
173. prakashipo  Aug 19, 2009 16:51
ADANI POWER WILL LIST AT 75

GOOD LUCK
Ganesh
172. Ganesh  Aug 19, 2009 15:19
I THINK THIS GUY "PRAKSHIPO" IS HAVING MALAFIDE INTENTION

HE IS SUGGESTION 2 PURCHASE SATYAM AT Rs 100......

LAGTA HAI PAGLA GAYA HAI.....

KYA ISE KOI JHATKA LAGA HAI KYA KISI IPO MEIN PAISA LAGA KAR??

DOSTO ISKI BAATO ME MAT AANA...LOSS KAWA DEGA

BEFKOOF KAHI KAA
prakashipo
171. prakashipo  Aug 19, 2009 12:40
BUY SATYAM COMPUTER AT 100
IN 1 MONTH IT WILL BE DOUBLE
PRAKASH KA BAAP
170. PRAKASH KA BAAP  Aug 19, 2009 00:46
YE SAALE PRAKASHIPO KO TO NANGA KAR KE MARNA CHAHIYE
ashish
169. ashish  Aug 19, 2009 00:11
Baap re,
yaha se bhagna padega.
ye prakashipo really nihayati ghutiya aadmi hein..
pata nahi kya sikhsha di hein iske maa baap ne.
no idea ye kiska bacha hein.
bye forever...ye addmi reaaly gund macha raha hein...
Ashish
168. Ashish  Aug 18, 2009 23:05
Mere Bhaiyo,
hahaha
meri maano...ab raj oil se nikalo...aur kai saare naye IPOs aagaye hein..unpe dhyaan dete hein
sabko sanmati de bhugwaan
CA NITIN
167. CA NITIN  Aug 18, 2009 22:46
Mr Prakashipo

You should feel shame on ur behaviour & words using in this blog.

You should also feel shame that u promised to not come here again......and u came back again.

Thodi to sarm karo.....
anthony
166. anthony  Aug 18, 2009 21:04
ye prakashipo phir tapka. abhi ise kya kare, My friend Vishy, CA NITIN, Bhosale isko hamare kolkatta ke pagal khane me dalu ya mumbaik ke jaslok me dalu, iske valuable suggestion se bach ke rahena. nahi to tum sub barbad ho jaoge. jab bachha ratko rota hai too ma kahti hai , so ja bete (gabbar) nahi prakashipo aa jayega.
Ashish
165. Ashish  Aug 18, 2009 18:17
Prakash JI,
Koi aapke suggestions ko galat nahi bol raha.
Positive views and negative views to hone hi chahiye.
Actually the problem is AAPKI JUBAAN.you should use respectable language..apun sub yaha bur healthy discussion ke liye hein..we should respect each other.
Aap aur baaki sub log apne views do...jinko manna hein vo manenge...jinko nahi...vo bhi unki murzi.
but every1 should use good language and respect each other.
lado mut yaaro yaha pe...dhung se bat karo...sub acha hi hoga
prakashipo
164. prakashipo  Aug 18, 2009 18:01
mr anthony mr dishhhy mr bhonsle raaj oil ke ipo main sabne paisa kamaya agar aap bhav aane par bhi maal nahin bechte hai uske liye koi jimmedar nahin full and firm allotment 800 shares 10-30 baje tak 126 ke average masin 5000 ka return ho gaya aur kya haathi ghora chhahihe , boarders i havenot given any apology see my codi is prakashipo but mr anthony mr jamin have written PRAKASHIPO AND TENDERED APOLOGY AS A MATTER OF FACT I HAV DECIDED THAT I WILL AGAIN COME TO THIS SITE AND GIV U MY VALAUBLE SUGGESTION
CA NITIN
163. CA NITIN  Aug 18, 2009 11:54
Bhavin

I am from Raipur

Rgds
IPOIPO
162. IPOIPO  Aug 17, 2009 21:58
Investor be ware. As stock has broken pychological barrier, hence no price can be proteted. Bear can argue why it should not get traded at 3 to 5 PE. Means 30 to 50Rs. level. I am not saying it may reach that, but this is mkt u never know.
Anthony
161. Anthony  Aug 17, 2009 21:21
Switch to Zylog, Cairn, JSW Steel,G E Shipping or Rolta. Kic the stock of Raj immediately. Kay Prakash IPO thik hai ki nahi: Anthony
Ramesh
160. Ramesh  Aug 17, 2009 21:12
Whats the support level for this. I bought at 130. Is the risk getting lower as it has already come down by 30%. If I am exiting now, I must recover the losses through some other stock. I can hold on for say 3 months thinking that company to announce some good news. If you suggest switching which stock is good now?
Anthony
159. Anthony  Aug 17, 2009 20:56
Aare mere prakash IPO ko bachao,50 peti ko duub gaya hai.Ambulance bulalo.Good night CA NITIN.
rama
158. rama  Aug 17, 2009 15:35
Hi All,
Please see my suggestion. I told to sell even at 100. Now it is at Rs 90. Dont invest in such stocks in future.






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