Rajgor Castor Derivatives Limited, established initially as Hindprakash Castor Derivatives Private Limited in June 2018, underwent several name changes before becoming a public limited company in July 2022. Specializing in the manufacturing and trading of castor seeds and derivatives, the company offers products such as refined castor oil, castor de-oiled cake, and high protein castor de-oiled cake, catering primarily to the domestic B2B market. These products serve multiple industries, including lubricants, pharmaceuticals, and textiles, and are used as organic fertilizers.
In January 2022, the Rajgor Family acquired full ownership from M/s. Mangalam Global Enterprise Limited and began actively managing the business, focusing on quality control and inventory management. The company, based in Gujarat, has transitioned from leasing its production facilities to full-scale manufacturing. Rajgor Castor Derivatives Limited is now preparing for an Initial Public Offering, issuing a total of 9,561,000 equity shares to expand its operations.
