Godavari Biorefineries IPO Date, Price, GMP, Review, Details

Godavari Biorefineries IPO

Mumbai-based Godavari Biorefineries IPO is a Book Built Issue. This is a BSE & NSE IPO which is open for subscription on 23 October, 2024 and will close on 25 October, 2024. The price band of the IPO is ₹334 to ₹352 per share.

The total IPO Size is ₹554.75 crore in which fresh issue of ₹325.00 crores and offer for sale up to 6,526,983 equity shares. The company set face value of ₹10 each. You can apply for Godavari Biorefineries IPO for minimum lot size is 42 shares for the retail investors, aggregating to an investment of ₹14,784.

This IPO is to be list on BSE & NSE platform on 30 October, 2024, and allotment date is on 28 October, 2024 which check Godavari Biorefineries IPO allotment status on Link Intime India Private Ltd is the registrar for this offering.

The book-running lead managers of this IPO is Equirus Capital Private Limited, SBI Capital Markets Limited. For more information check Godavari Biorefineries IPO DRHP and RHP details.

Godavari Biorefineries IPO Details

IPO Issue Open Date:23 October 2024
IPO Issue Close Date:25 October 2024
IPO Issue Price Band:₹334 to ₹352 Per Share
Face Value:₹10 Per Equity Share
IPO Issue Size:₹554.75 Crores | 15,759,938 shares
Fresh Issue:₹325.00 Crores | 9,232,955 shares
Offer for Sale:₹229.75.00 Crores | 6,526,983 shares
Issue Type:Book Built Issue
IPO Listing At:BSE & NSE
IPO Retail Quota:Not more than 35%
QIB Quota:Not more than 50%
NII Quota:Not more than 15%
Employee Discount:[.] per share

Godavari Biorefineries IPO Prospectus:

Checkout the Godavari Biorefineries IPO Prospectus of DRHP and RHP file.
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here

Godavari Biorefineries IPO Dates Timeline

Get the tentative dates and schedule for latest IPO Godavari Biorefineries IPO are open and close date, allotment status, refunds, and listing details
Issue Open Date:23 October 2024
Issue Close Date:25 October 2024
Basis of Allotment Date:28 October 2024
Refunds Initiation:29 October 2024
Shares Credit in Demat:29 October 2024
IPO Listing Date Detail:30 October 2024

Godavari Biorefineries IPO Market Lot

You can bid for a minimum of 42 shares and maximum 2,856 shares in retail investors section, Also you can check HNI investors section for minimum and maximum in terms of shares and amount.
ApplicationLot SizeShares and Price Details
Retail (Min)1 lots and 42 shares = ₹14,784
Retail (Max)13 lots and 546 shares = ₹192,192
HNI (Min)14 lots and 588 shares = ₹206,976
B-HNI Minimum68 lots and 2,856shares = ₹1,005,312

Godavari Biorefineries IPO GMP*

GMP DateGMP TodaySubject to SaudaKostakExpected Gain
27th Oct₹-₹-₹-₹-
26th Oct₹5₹300₹-1%
25th Oct₹15₹500₹-4%
24th Oct₹-₹-₹--%
23th Oct₹-₹–₹–-%
22th Oct₹-₹–₹–-%
21th Oct₹-₹–₹–-%
18th Oct₹-₹-₹--%

About Godavari Biorefineries

Godavari Biorefineries is one of the prominent manufacturers of ethanol-based chemicals in India and as of March 31, 2024, they have the largest integrated bio-refinery in India in terms of installed capacity. They are one of India’s largest producers of ethanol in terms of volume as of March 31, 2024 (source: Frost & Sullivan Report). As of March 31, 2024, we were also the largest manufacturer of MPO worldwide in terms of installed capacity, one of only two manufacturers of natural 1,3 butylene glycol, and the only company in India to manufacture bioethyl acetate. They have also set up India’s first bio-based  EVE  manufacturing facility as of  March  31,  2024.  (source:  Frost  &  Sullivan Report). Their diversified product portfolio comprises of bio-based chemicals, sugar, different grades of ethanol, and power. These products find application in a range of industries such as food, beverages, pharmaceuticals, flavors & fragrances, power, fuel, personal care, and cosmetics. According to the Frost & Sullivan Report, their Company has the widest portfolio of bio-based products in India.

Godavari Biorefineries IPO Strengths

  • funding business development, strategic initiatives and growth opportunities;
  • strengthening marketing capabilities and brand building exercises;
  • funding capital expenditure towards maintenance and/or upkeep of our Manufacturing Facilities;
  • meeting corporate contingencies and expenses incurred in ordinary course of business;
  • funding working capital requirements and/or business requirements of our Company;

Objects of the IPO Issue

  1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company;
  2. General corporate purposes.

Godavari Biorefineries Company Financial Report

The company reported revenue of ₹1,701.06 crores in 2024 against ₹2,023.08 crores in 2023. The company reported a profit of ₹12.30  crores in 2024 against a loss of ₹19.64 crores in 2023.

Period EndedRevenueExpenseProfit After TaxAssets
2022₹1,709.98₹1,677.91₹19.10₹1,733.54
2023₹2,023.08₹1,991.33₹19.64₹1,743.52
2024₹1,701.06₹1,688.62₹12.30₹1,991.66
June 2024₹525.27₹566.91₹26.11₹1,554.62

Godavari Biorefineries IPO Valuation – Key Performance Indicator

Check Godavari Biorefineries IPO valuation details like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:4.73%
ROCE:9.53%
EBITDA Margin:8.77%
PAT Margin:0.72%
Debt to equity ratio:2.55
Earning Per Share (EPS):₹2.93 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):4.73%
Net Asset Value (NAV):₹62.05

Peer Group Comparison

The below peer comparison table’s data are showing as per the DRHP and RHP.

CompanyEPSPE RatioRoNW %NAVIncome
Alkyl Amines Chemicals Limited29.1378.8411.75%247.871,440.61 Cr.
Jubilant Ingrevia Limited11.56
64.106.68171.864,135.8 Cr.
Laxmi Organic Industries Limited4.4665.116.7165.182,865.01 Cr.
EID Parry (India) Limited50.6816.6912.75397.6129,413.11 Cr.
Triveni Engineering and Industries Limited18.0526.0613.62132.526,151.4 Cr.
Balrampur Chini Mills Limited26.4924.7215.72168.575,593.74 Cr.
Dalmia Bharat Sugar & Industries Limited33.6615.839.29362.272,899.37 Cr.
Dhampur Sugar Mills Limited20.2711.2012.21168.282,646.83 Cr.
Dwarikesh Sugar Industries Limited4.4417.3010.1643.661,709.57 Cr.

Godavari Biorefineries IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: godavari.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html

Godavari Biorefineries IPO Lead Manager

  • Equirus Capital Private Limited
  • SBI Capital Markets Limited

Godavari Biorefineries IPO allotment status check on Link Intime website. Click on Link Intime India Private Ltd to get allotment status.

Promoters of Godavari Biorefineries

  • Samir Shantilal Somaiya
  • Lakshmiwadi Mines
  • Minerals Private Limited
  • Somaiya Agencies Private Limited.

Company Address

Godavari Biorefineries Limited
Somaiya Bhavan,
45/47, M.G. Road
Fort, Mumbai – 400001
Phone: +91 22 6170 2177
Email: investors@somaiya.com
Website: https://www.godavaribiorefineries.com/

itemprop=”about”Godavari Biorefineries IPO FAQs

What is Godavari Biorefineries IPO Detail?

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 pr equity share. The IPO is to be listed on BSE & NSE.

How to Apply Godavari Biorefineries IPO Online?

You can apply for Godavari Biorefineries IPO via ASBA online via your bank account/net banking and UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form and Apply IPO online through Zerodha, Upstox, 5Paisa, ICICI Bank, HDFC Bank and SBI Bank.

When Godavari Biorefineries IPO will open?

The IPO is to open on 23 October 2024 for QIB, NII, and Retail Investors. The IPO will close on 25 October 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 Size?

Godavari Biorefineries issue size is ₹554.75 crores.

What is Godavari Biorefineries IPO Price Band?

Godavari Biorefineries IPO Price Band is ₹334 to ₹352.

What is the Lot Size of Godavari Biorefineries IPO?

The Godavari Biorefineries IPO minimum bid size is42 Shares with ₹14,784 amount.

What is the Godavari Biorefineries IPO Allotment Date?

Godavari Biorefineries IPO allotment date is 28 October, 2024.

What is the Godavari Biorefineries IPO Listing Date?

Godavari Biorefineries IPO listing date is 30 October, 2024. The IPO is to list on BSE & NSE.

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