Recently Viewed
Clear AllBidding Date
23-Oct-2024 to
25-Oct-2024
Issue Size
₹554.75 Cr
Price Band
₹334 to ₹352
Allotment date
28-Oct-2024
Listing date
30-Oct-2024
Lot size
42
No. of shares
1,57,59,938
Fresh issue/OFS
₹325 Cr/₹229.75 Cr
Godavari Biorefineries Ltd, established in 1956, focuses on producing a diverse range of bio-based chemicals, sugar, and various grades of ethanol, which serve multiple industries, including food and beverages, pharmaceuticals, personal care, and power generation. Utilizing sugarcane as the primary feedstock, the company has innovatively adopted sugarcane juice and syrup for ethanol production, enhancing the valorization of sugarcane and diversifying its product offerings. As of June 30, 2024, it has established itself as one of the largest ethanol producers in India, with an installed capacity of 570 KLPD. Additionally, the company holds a significant position globally as the largest manufacturer of MPO (3-Methyl-3-Pentene-1) based on installed capacity and is recognized for its pioneering efforts in producing natural 1,3-butylene glycol and bio ethyl acetate.
Category
Status
QIBs
2.8x
NIIs
0.9x
Retail
1.7x
Others
--
Total
1.8x
The issue size of Godavari Biorefineries is ₹554.75 Cr.
Godavari Biorefineries falls into Commodity Chemicals industry.
The Godavari Biorefineries IPO will be listed on both NSE and BSE.
The open and close dates for the Godavari Biorefineries are 23-Oct-2024 & 25-Oct-2024.
The price band for the Godavari Biorefineries ipo is ₹334 to ₹352
The listing date of Godavari Biorefineries IPO is 30-Oct-2024.
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
Godavari Biorefineries total subscription ratio is 1.8X.
Key financial of the Godavari Biorefineries are:
| Godavari Biorefineries | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 1686.67 | 2014.69 | 1702.33 |
| EBIT (₹ Cr) | 73.61 | 96.16 | 84.86 |
| Proft after Tax (₹ Cr) | 12.3 | 19.64 | 19.1 |
| Debt (₹ Cr) | 654.06 | 735.34 | 634.97 |
| Net Worth (₹ Cr) | 500.68 | 489.45 | 473 |
| RoE (%) | 2.46 | 4.01 | 4.04 |