Godavari Biorefineries IPO
ListedGodavari Biorefineries IPO Details
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Bidding Date
23-Oct-2024 to
25-Oct-2024 -
Issue Size
₹554.75 Cr
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Price Band
₹334 to ₹352
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Allotment date
28-Oct-2024
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Listing date
30-Oct-2024
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Lot size
42
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No. of shares
1,57,59,938
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Fresh issue/OFS
₹325 Cr/₹229.75 Cr
About Godavari Biorefineries Company
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.
Subscription Status
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Category
Status
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QIBs
2.8x
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NIIs
0.9x
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Retail
1.7x
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Others
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Total
1.8x
FAQs for Godavari Biorefineries IPO.
What is the issue size of Godavari Biorefineries IPO?
The issue size of Godavari Biorefineries is ₹554.75 Cr.
What is the industry of Godavari Biorefineries?
Godavari Biorefineries falls into Commodity Chemicals industry.
Where Godavari Biorefineries IPO will be listed?
The Godavari Biorefineries IPO will be listed on both NSE and BSE.
What are the open and close dates for the Godavari Biorefineries IPO?
The open and close dates for the Godavari Biorefineries are 23-Oct-2024 & 25-Oct-2024.
What are the price band for Godavari Biorefineries IPO?
The price band for the Godavari Biorefineries ipo is ₹334 to ₹352
What is the listing date of Godavari Biorefineries IPO?
The listing date of Godavari Biorefineries IPO is 30-Oct-2024.
What is the purpose for the Godavari Biorefineries IPO?
The purpose of this IPO is to raise fresh capital as well as enable the existing shareholders to sell their stake.
How much times Godavari Biorefineries IPO subscribed?
Godavari Biorefineries total subscription ratio is 1.8X.
What are the key financials for the Godavari Biorefineries IPO?
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 |