Established in the year 2001, Raj Oil Mills Limited is actively involved in the realm of crushing, refining, and meticulously filtering various types of oils. The spectrum of processed oils encompasses coconut oil, groundnut oil, sunflower oil, mustard oil, and an array of other oil-based products.
The company has internalized the oil filtration process, effectively meeting the demands of its discerning clientele. Sourcing distinct categories of raw, filtered, and refined edible oils from suppliers, Raj Oil Mills undertakes the essential oil filtration procedure before dispatching the finalized products. This is seamlessly executed through their network of business associates, including super stockists and distributors.
Raj Oil Mills has thoughtfully established a quality control facility within its manufacturing unit. This strategic measure ensures the consistent delivery of high-caliber products across their entire range. The company markets its products under three distinct brands: ‘Guinea,’ ‘Cocoraj,’ and ‘Raj,’ with well-recognized offerings like “Tilraj,” “Mustraj,” and “Divya Shakti.” These brands have significantly thrived in the market for an impressive span of over seven decades.
At the core of Raj Oil Mills Limited’s vision is an unwavering commitment to crafting and supplying products of unparalleled quality to end consumers. This resolute focus has served as the catalyst for the expansion of their domestic business operations.
The Board of Directors of Raj Oil Mills Limited comprises twelve accomplished individuals, each contributing their unique skills and expertise across various domains, fueling the company’s growth trajectory. Atikurraheman Daudbhai Mukhi stands as the Managing Director, playing a pivotal role in the company’s leadership and direction.
Raj Oil Mills Limited Stock Quote #
- Open: ₹40.75
- High – Low: ₹41.50 – ₹39.45
- Previous Close: ₹39.55
- Total Traded Value: 19,735
- 52 Weeks High: ₹56.90 (Jul 31, 2023)
- 52 Weeks Low: ₹34.05 (Mar 17, 2023)
- Updated On: Aug 11, 2023 4:00 PM
Raj Oil Mills Rights Issue 2023 Detail #
| Issue Open | Feb 21, 2023 – Mar 21, 2023 |
| Security Name | Raj Oil Mills Limited |
| Issue Size (Shares) | 14,988,684 |
| Issue Size (Amount) | ₹44.97 Crores |
| Issue Price | ₹30 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | 100% of the issue price shall be payable on application. |
| Entitlement | 1 Rights Equity Share For Every 1 Fully Paid-Up Equity Shares Held |
Raj Oil Mills Rights Issue 2023 Issue Timetable #
| Record Date | Feb 9, 2023 |
| Credit of Rights Entitlements | Feb 15, 2023 |
| Bid/Offer Opens On | Feb 21, 2023 |
| Renunciation of Rights Entitlements | Mar 15, 2023 |
| Bid/Offer Closes On | Mar 21, 2023 |
| Deemed Date of Allotment | Mar 20, 2023 |
| Credit Date | Mar 23, 2023 |
| Listing Date | Mar 27, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 32.48 | 98.87 | 5.27 |
| 31-Mar-22 | 35.57 | 118.61 | 2.6 |
| Amount in ₹ Crore | |||
Objects of the Issue: #
The objects of the Issue are:
- Repayment or pre-payment in full or part, unsecured loans availed by our Company from Promoter, Promoter Group and Directors of our Company;
- To augment the existing and incremental working capital requirement of our Company; and
- General Corporate Purposes
Raj Oil Mills Rights Issue 2023 Documents #
ompany Contact Information #
224 – 230,
Bellasis Road,
Mumbai – 400 008Phone: +91 22 23021996/7/8
Email: cs@rajoilmillsltd.com
Website: http://www.rajoilmillsltd.com/
Raj Oil Mills Rights Issue 2023 Registrar #
- Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: rightsissue@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
