Rajputana Biodiesel Limited — Others, 26-05-2025: Utilisation of Funds

Rajputana Biodiesel raised ₹24.7 Cr via IPO, using ₹15.93 Cr so far with ₹8.77 Cr unutilized. They allocated ₹4.19 Cr for a loan to subsidiary Nirvaanraj Energy (₹0.25 Cr disbursed), ₹12.2 Cr fully used for working capital, ₹5.86 Cr set for general corporate purposes (₹1.05 Cr spent), and ₹2.45 Cr for issue expenses (₹2.42 Cr incurred). Subsidiary expansion is underway as confirmed by the subsidiary, with remaining funds awaiting deployment.