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02 May, 2025
Godavari Biorefineries Limited IPO, GMP, Details, Price, And Review
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. The company's product portfolio includes bio-based chemicals, sugar, various grades of ethanol, and power.
These products are used in food, beverages, pharmaceuticals, flavors and fragrances, power, fuel, personal care, and cosmetics. 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.
Godavari Biorefineries IPO Overview
• Issue Size: ₹ 554.75 crores
· Fresh Issue: 0.92 crore shares (₹ 325.00 crores)
· Offer for Sale: 0.65 crore shares (₹ 229.75 crores)
Subscription Dates:
· Open: October 23, 2024
· Close: October 25, 2024
Price Band: ₹ 334 to ₹ 352 per share
Minimum Lot Size: 42 shares
• Lead Managers:
· Equirus Capital Private Limited
· SBI Capital Markets Limited
Registrar: Link Intime India Private Ltd
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Godavari Biorefineries Limited IPO, GMP, Details, Price, And Review
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | 352 | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Godavari Biorefineries Limited IPO, GMP, Details, Price, And Review Details
| Detail | Description |
|---|---|
| IPO Date | October 23, 2024 to October 25, 2024 |
| Listing Date | - |
| Face Value | ₹10 per share |
| Price Band | ₹334 to ₹352 per share |
| Lot Size | 42 Shares |
| Total Issue Size | 15,759,938 shares (aggregating up to ₹554.75 Cr) |
| Fresh Issue | 9,232,955 shares (aggregating up to ₹325.00 Cr) |
| Offer for Sale | 6,526,983 shares of ₹10 (aggregating up to ₹229.75 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding pre issue | 41,943,023 |
| Shareholding post issue | 51,175,978 |
Godavari Biorefineries Limited IPO, GMP, Details, Price, And Review Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Wednesday, October 23, 2024 |
| IPO Close Date | Friday, October 25, 2024 |
| Basis of Allotment | Monday, October 28, 2024 |
| Initiation of Refunds | Tuesday, October 29, 2024 |
| Credit of Shares to Demat | Tuesday, October 29, 2024 |
| Listing Date | Wednesday, October 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 25, 2024 |
Godavari Biorefineries Limited IPO, GMP, Details, Price, And Review Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 42 | ₹14,784 |
| Retail (Max) | 13 | 546 | ₹192,192 |
| S-HNI (Min) | 14 | 588 | ₹206,976 |
| S-HNI (Max) | 67 | 2,814 | ₹990,528 |
| B-HNI (Min) | 68 | 2,856 | ₹1,005,312 |
Godavari Biorefineries Limited IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not more than 15% of the Net Issue |
Godavari Biorefineries Limited IPO, GMP, Details, Price, And Review Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 81.06% | 63.31% |
Competitive Strength:
- -
Godavari Biorefineries Limited IPO, GMP, Details, Price, And Review Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 June 2024 | 1,554.62 | 525.27 | -26.11 | 233.84 | 703.75 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 1,991.66 | 1,701.06 | 12.30 | 260.25 | 663.27 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 1,743.52 | 2,023.08 | 19.64 | 249.01 | 738.01 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 1,733.54 | 1,709.98 | 19.10 | 232.57 | 636.72 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | -11.16% |
| ROCE | -2.35% |
| Debt/Equity | 3.01 |
| RoNW | -11.16% |
| P/BV | 6.31 |
| PAT Margin (%) | -4.97 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 2.93 | -20.4 |
| P/E (x) | 120.04 | -17.25 |
Objectives of Godavari Biorefineries IPO
-
The Company intends to utilize the Net Proceeds from the Fresh Issue towards funding the following objectives:
- 1. Repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company.
- 2. General corporate purposes.
RHP:
DRHP:
Read more :
Frequently asked Questions (FAQs )
-
What is Godavari Biorefineries IPO?
Godavari Biorefineries IPO is a main-board IPO. The company is going to raise ₹554.75 Crores via IPO. The issue is priced at ₹334 to ₹352 per equity share. The IPO is to be listed on BSE & NSE.
-
When will the Godavari Biorefineries IPO open for subscription?
The IPO is to open on October 23, 2024, for QIB, NII, and Retail Investors. The IPO will close on October 25, 2024.
-
What is Godavari Biorefineries IPO Investors Portion?
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
-
What is Godavari Biorefineries IPO Issue Size?
Godavari Biorefineries IPO issue size is ₹554.75 crores.
-
What is Godavari Biorefineries IPO Price Band?
Godavari Biorefineries IPO Price Band is ₹334 to ₹352.
-
What is Godavari Biorefineries IPO Lot Size?
The minimum bid is 42 Shares with ₹14,784 amount.
-
What is the Godavari Biorefineries IPO Allotment Date?
Godavari Biorefineries IPO allotment date is October 28, 2024.
