Ramdevbaba Solvent Share Price

Ramdevbaba Solvent Limited was originally incorporated as Ramdevbaba Solvent Private Limited as a private limited company under Companies Act, 1956, pursuant to a certificate of incorporation dated November 25, 2008 issued by the Registrar of Companies, Maharashtra at Mumbai. Thereafter, the Company was converted into a public limited company dated December 27, 2023 recording the change in the name of the Company from Ramdevbaba Solvent Private Limited to Ramdevbaba Solvent Limited.Company is in the business of manufacturing, distribution, marketing and selling of Physically Refined Rice Bran Oil and other edible oils to institutions and also sell under our own brands namely Tulsi and Sehat to FMCG Companies, Retailers, Wholesalers and Distributors etc. Your Company also produce Deoiled Rice Bran (DORB), which is a byproduct in the extraction of Rice Bran Oil and sell the same as cattle feed, poultry feed and fish feed in the States of Maharashtra, Goa, Gujarat, Madhya Pradesh, Andhra Pradesh, Telangana, Karnataka, Kerala and Tamil Nadu. Other byproducts such as fatty acid, lecithin, gums, spent earth and wax are sold in the open market.In 2009, the Company established the first Solvent Extraction Plant having a capacity of 250 TPD in Bramhapuri, near Nagpur. Manufacturing Facilities have extraction and refining divisions which enables integrated production and processing of Rice Bran Oil. The Company set up the third Solvent Extraction Plant with 300 TPD capacity at Bramhapuri in FY22. It further set up second oil refinery having 100 tons per day (TPD) capacity in Mahadula in 2023. The Company launched its initial public offer by issuing 59,13,600 equity shares of Rs 10 each and raised Rs 50.27 crore through fresh issue on April 19, 2024.Company has installed 3 solvent extraction facilities in Manufacturing Facilities. In solvent extraction facilities, it produce Crude Rice Bran Oil and other byproduct, Deoiled Rice Bran (DORB). The current aggregate installed capacity of solvent extraction facilities is 2,55,000 MTPA. Solvent extraction facilities are semiautomated and presently houses palletizers, boilers, extractors, detosters, condensers and conveyors machines. Apart from this. Company also installed effluent treatment plant at our solvent extraction facilities to treat and reuse the effluent generated from solvent extraction process. Further, solvent extraction facilities have supporting infrastructure, including storage for raw materials and finished products, storage tanks for crude oil, steam boilers, and a backup diesel generator.