Home / SME Stocks / Ramdevbaba Solvent
Ramdevbaba Solvent: IPO, Share Price and Results Since Listing
Ramdevbaba Solvent listed on NSE Emerge on 23 April 2024 after an IPO at INR 85 a share. On 11 November 2026 the shares closed at INR 81.55, 4.06% below the issue price. For H1 FY2027 it reported revenue of INR 613.91 crore (+59.21% on a year earlier) and a profit after tax of INR 15.91 crore.
Key Facts
- IPO dates
- 15 April 2024 to 18 April 2024
- Issue price
- INR 85
- Issue size
- INR 50.27 crore
- Subscription
- 126.29 times
- Lead manager
- Choice Capital Advisors Private Limited
- Listing day
- opened at INR 112 (+31.76%), closed at INR 117.60 (+38.35%)
- Listed on NSE Emerge
- 23 April 2024
- Symbol
- RBS
- Latest close
- INR 81.55 on 11 November 2026
- Against issue price
- -4.06%
- Lot size now
- 800 shares (INR 65,240 at the latest close)
Results Filed With NSE
Consolidated figures, INR crore. Change compares with the same period a year earlier.
| Period | Revenue | Change | Profit after tax | EPS (INR) | Filed | |
|---|---|---|---|---|---|---|
| H1 FY2027 | 613.91 | +59.21% | 15.91 | 6.80 | after listing | 4 November 2026 |
| H2 FY2026 | 437.66 | -16.95% | 4.81 | 2.27 | after listing | 27 May 2026 |
| FY2026 | 823.26 | -11.35% | 11.43 | 5 | after listing | 27 May 2026 |
| H1 FY2026 | 385.60 | – | 6.62 | 2.89 | after listing | 5 November 2025 |
| H2 FY2025 | 526.97 | – | 6.94 | 3.17 | after listing | 27 May 2025 |
| FY2025 | 928.69 | – | 15 | 6.86 | after listing | 27 May 2025 |
Promoter Holding
Promoter holding has moved from 61.09% on 21 April 2024 to 64.39% on 30 September 2026 (+3.30 percentage points).
| As of | Promoters | Public |
|---|---|---|
| 30 September 2026 | 64.39% | 35.61% |
| 9 July 2026 | 64.39% | 35.61% |
| 31 March 2026 | 62.61% | 37.39% |
| 30 September 2025 | 62.23% | 37.77% |
| 31 March 2025 | 59.26% | 40.74% |
| 15 February 2025 | 59.12% | 40.88% |
| 30 September 2024 | 61.36% | 38.64% |
| 21 April 2024 | 61.09% | 38.91% |
Anchor Lock-ins
| Lock-in | Ends |
|---|---|
| 30 days | 19 May 2024 |
| 90 days | 18 July 2024 |
Sources: NSE Emerge filings (results XBRL, shareholding pattern, board meetings), NSE daily price files, and IPO records. Prices are not adjusted for bonus issues or splits.