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Godavari Biorefineries Ltd.

Godavari Biorefineries Ltd.

NSE & BSE · Mainboard IPO
Listed NSE & BSE Mainboard Live Chart
Issue Price
₹352
₹352
GMP (Grey Market)
NIL
Unofficial data only
Est. Listing Price
₹352
Based on GMP
Min. Investment
₹14,784
1 lot × 42 shares
Subscribed
1.00x
Over-subscribed
IPO Details
Open Date
23 Oct 2024
Close Date
25 Oct 2024
Allotment
28 Oct 2024
Listing Date
30 Oct 2024
Exchange
NSE & BSE
Price Band
₹352
Listing Price
See chart
Allotment Status
Price Band
₹352
Per share
Face Value
₹10 per share
 
Lot Size
42 Shares
per lot
Issue Size
1,57,59,937 shares (aggregating up to ₹554.75 Cr)
Total offering
Issue Type
Bookbuilding IPO
 
Min Investment
₹14,784
1 lot
Pre-IPO Holding
4,19,43,023 shares
Promoters
Post-IPO Holding
5,11,75,978 shares
Promoters
P/E (Pre)
120.04x
 
P/E (Post)
-17.25x
 
EPS (Pre)
₹2.93
 
EPS (Post)
₹-20.40
 
UPI Deadline
2024-10-25
Mandate
Anchor AllotmentTue, 22 Oct 2024
Basis of AllotmentMon, 28 Oct 2024
Refund InitiationTue, 29 Oct 2024
Demat CreditTue, 29 Oct 2024
Listing DayWed, 30 Oct 2024
UPI Mandate Deadline2024-10-25
Sale TypeFresh Capital-cum-Offer for Sale
Fresh Issue Shares92,32,954 shares (aggregating up to ₹325.00 Cr)
Offer for Sale65,26,983 shares of ₹10 (aggregating up to ₹229.75 Cr)
QIB Quota50% of Net Issue
HNI / NII Quota15% of Net Issue
Retail Quota35% of Net Issue
Check AllotmentClick here →
Subscription Rate Final
Godavari Biorefineries Ltd. IPO subscribed 1.00 times overall. Retail: 1.00x. QIB: 1.00x. NII: 1.00x. By 25 Oct 2024.
QIB
1.00x
Over
NII/HNI
1.00x
Over
Retail
1.00x
Over
Total
1.00x
Over
Category Subscription Shares Offered % of Total Amount (₹Cr)
QIB
Over 1.00x
NII / HNI
Over 1.00x
Retail
Over 1.00x
Total 1.00x
15,759,937
100% ₹554.75
IPO Shares Offered
Godavari Biorefineries Ltd. IPO total issue size: ₹554.75 Cr.
CategoryShares OfferedAmount (₹Cr)Size (%)
Total 15,759,937 ₹554.75
100.00%
* Based on upper price band ₹352 per share
Lot Size & Investment
Lot Size
42
Shares per Lot
Issue Price
₹352.00
Upper Band
Min Investment
₹14,784
1 Lot
ApplicationLotsSharesAmount
Retail (Min — 2 Lots)284₹29,568
Retail (Max — 13 Lots)13546₹192,192
S-HNI (Min — 14 Lots)14588₹206,976
B-HNI (Min — 68 Lots)682,856₹1,005,312
* Issue Price ₹352 × Lot Size 42 shares
IPO Schedule
Anchor
22 Oct 2024
✓ Done
IPO Open
23 Oct 2024
✓ Done
IPO Close
25 Oct 2024
✓ Done
Allotment
28 Oct 2024
✓ Done
Refunds
29 Oct 2024
✓ Done
Demat Credit
29 Oct 2024
✓ Done
Listing Day
30 Oct 2024
✓ Done
Godavari Biorefineries Ltd. — Live Price LIVE
₹352.00
INR · BSE
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Issue ₹352.00 Live Price
About Godavari Biorefineries Ltd.
Incorporated in 1956, Godavari Biorefineries Limited manufactures ethanol-based chemicals in India. As of June 30, 2024, the company operates an integrated biorefinery with a capacity of 570 KLPD for ethanol production.As on March 31, 2024, the company is the largest producer of MPO in the world based on installed capacity. It is one of only two manufacturers of natural 1,3-butanediol and the only company in India that makes bio ethyl acetate.The company's product portfolio includes bio-based chemicals, sugar, various grades of ethanol, and power. These products are used in industries such as food, beverages, pharmaceuticals, flavours and fragrances, power, fuel, personal care, and cosmeticsThe company has three research and development facilities registered with the Department of Scientific and Industrial Research (DSIR): one at the Sakarwadi Manufacturing Facility, one at the Sameerwadi Manufacturing Facility, and one in Navi Mumbai, Maharashtra. As of June 30, 2024, the company employs 52 permanent research staff, including eight scientists with doctoral degrees.As of October 2024, the company has obtained 18 patents and received 53 registrations for these products/processes across various countries.The company's client base includes marquee players such as Hershey India Pvt Ltd, Hindustan Coca-Cola Beverages Private Limited, M/s Karnataka Chemical Industries, M/s Techno Waxchem Pvt Ltd, LANXESS India Private Limited, IFF Inc., Ankit Raj Organo Chemicals Limited, Escorts Chemical Industries, Khushbu Dye Chem Pvt Ltd, Privi Speciality Chemicals Limited, Shivam Industries, and major oil marketing companies.The company serves customers in over twenty countries, including Australia, China, Germany, France, Italy, Japan, Kenya, the Netherlands, Singapore, the United Kingdom, the United Arab Emirates, Indonesia, and the United States.The company operates two manufacturing facilities, one in Bagalkot, Karnataka, and the other in Ahmednagar, Maharashtra.As of June 30, 2024, the company has 1,583 permanent employees, out of which 437 employees are semiskilled and unskilled.
Objects of the Issue
1
Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and
2
General corporate purposes.
Godavari Biorefineries Ltd. Financials (Amount in Crore)
Revenue from Operations
₹2,023.1
31 Mar 2023
₹1,701.1
31 Mar 2024
₹525.3
30 Jun 2024
Profit After Tax (PAT)
₹19.6
31 Mar 2023
₹12.3
31 Mar 2024
-₹26.1
30 Jun 2024
Particulars30 Jun 202431 Mar 202431 Mar 2023
Revenue from Operations 525.27 1701.06 2023.08
EBITDA N/A N/A N/A
Profit After Tax (PAT) -26.11 12.30 19.64
Net Worth 233.84 260.25 249.01
Total Assets 1554.62 1991.66 1743.52
Reserves & Surplus 432.34 458.74 447.51
Borrowings 703.75 663.27 738.01
EBITDA Margin (%) N/A
PAT Margin (%) -4.97
P/BV Ratio
6.31
RoE
-11.16
RoCE
-2.35
RoNW
-11.16
PAT Margin
-4.97
Debt/Equity
3.01
Issue Structure & Shareholding
Total Shares Offered1,57,59,937 (100.00%)
Net Offer to PublicN/A
Reserved for Market MakerN/A
Pre-Issue Promoter Holding4,19,43,023 shares
Post-Issue Promoter Holding5,11,75,978 shares
P/BV Ratio6.31
RoE-11.16
RoCE-2.35
Debt / Equity3.01
Script CodeN/A
Registrar & Lead Managers
Book Running Lead Managers
Equirus Capital Pvt.Ltd.
SBI Capital Markets Ltd.
GMP Disclaimer: Grey Market Premium data is unofficial and unregulated. It does not guarantee actual listing price.
IPO Subscription FAQs
How much Godavari Biorefineries Ltd. IPO subscribed?

Godavari Biorefineries Ltd. IPO is subscribed 1.00 times by Oct 25, 2024. Retail: 1.00x. QIB: 1.00x. NII: 1.00x.

Investor CategorySubscription
Qualified Institutional (QIB)1.00x
Non Institutional (NII/HNI)1.00x
Retail Individual1.00x
Total Subscription1.00x
What is Godavari Biorefineries Ltd. IPO retail subscription status?

The Godavari Biorefineries Ltd. IPO retail category is subscribed 1.00 times as of 25 Oct 2024. The retail portion is oversubscribed.

How to subscribe Godavari Biorefineries Ltd. IPO?

Subscribe via your broker app using ASBA or UPI. Opens 23 Oct 2024 and closes 25 Oct 2024. Min investment: ₹14,784 (1 lot = 42 shares). UPI mandate: 2024-10-25.

How many times Godavari Biorefineries Ltd. IPO subscribed?

The Godavari Biorefineries Ltd. IPO subscribed 1.00x overall. QIB: 1.00x, NII: 1.00x, Retail: 1.00x. Applications: from NSE/BSE.

How to check Godavari Biorefineries Ltd. IPO allotment?

Check allotment on the registrar website (MUFG Intime India Pvt.Ltd.) at https://linkintime.co.in/Initial_Offer/public-issues.html. Enter your PAN, application number or DP/Client ID. Allotment date: 28 Oct 2024. Refunds: on 29 Oct 2024.

When Godavari Biorefineries Ltd. IPO will be listed?

The Godavari Biorefineries Ltd. IPO listing date is 30 Oct 2024, Wednesday. Listed on: NSE & BSE. Issue price: ₹352. Estimated listing: ₹352. GMP: NIL.

When Godavari Biorefineries Ltd. IPO close?

The Godavari Biorefineries Ltd. IPO closes on 25 Oct 2024, Friday. UPI mandate: 2024-10-25. Allotment: 28 Oct 2024. Listing: 30 Oct 2024.