Godavari Biorefineries Limited IPO GMP

Godavari Biorefineries is one of the prominent manufacturers of ethanol based chemicals in India and 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. They are 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 bio ethyl acetate. 

Godavari Biorefineries, an Book Built Issue amounting to ₹554.75 Crores, consisting an Fresh Issue of 92.32 Lakh Shares worth ₹325.00 Crores and an Offer fo Sale of 65.26 Lakh Shares totalling to ₹229.74 Crores. The subscription period for the Godavari Biorefineries IPO opens on October 23, 2024, and closes on October 25, 2024. The allotment is expected to be finalized on or about Monday, October 28, 2024, and the shares will be listed on the BSE NSE with a tentative listing date set on or about Wednesday, October 30, 2024.

The Share price band of Godavari Biorefineries IPO is set at ₹334 to ₹352 per equity share. The Market Capitalisation of the Godavari Biorefineries Limited at IPO price of ₹352 per equity share will be ₹1,801.39 Crores. The lot size of the IPO is 42 shares. Retail investors are required to invest a minimum of ₹14,784, while the minimum investment for High-Net-Worth Individuals (HNIs) is 14 lots (588 shares), amounting to ₹2,06,976.

SBI Capital Markets Limited and Equirus Capital Private Limited are the book-running lead manager while LINK INTIME INDIA PRIVATE LIMITED is the registrar for the Issue. 

Godavari Biorefineries Limited IPO GMP Today
The Grey Market Premium of Godavari Biorefineries Limited IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.

Godavari Biorefineries Limited IPO Live Subscription Status Today: Real-Time Updates
As of 03:00 PM on 26 October 2024, the Godavari Biorefineries IPO live subscription status shows that the IPO subscribed 1.83 times on its Final day of subscription period. Check the Godavari Biorefineries IPO Live Subscription Status Today at BSE.

Godavari Biorefineries Limited IPO Anchor Investors Report
Godavari Biorefineries Exports has raised ₹166.42 Crore from Anchor Investors at a price of ₹352 per shares in consultation of the Book Running Lead Managers. The company allocated 47,27,980 equity shares to the Anchor Investors. Check Full List of Godavari Biorefineries Anchor Investor List.

Note:- Equity Shares allotted to Anchor Investors (if any) are allotted from Qualified Institutional Buyers (QIBs) reservation portion.
Note:- The Number of shares offered shown IPO subscription section table is calculated at the lower end of the price band and Number of shares calculated in IPO details table section is calculated at upper end of the price band in case of Book Building Issue, so there can be difference. This is because we assume shares will be issued by the company at upper band as Anchor Investors also subscribe at upper band and shares will be issued at lower band only if in case of undersubscription of IPO.
Note:- Market Maker portion (if any) are not shown separately in subscription table and included in NIIs reservation portion.

Godavari Biorefineries Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online 
Godavari Biorefineries IPO allotment date is 28 October, 2024, Monday. Godavari Biorefineries IPO Allotment will be out on 28th October 2024 and will be live on Registrar Website from the allotment date. Check Godavari Biorefineries Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Godavari Biorefineries Limited IPO from the dropdown list of IPOs.
- Enter your application number, PAN, or DP Client ID.
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.

Objectives of Godavari Biorefineries Limited IPO
Godavari Biorefineries Issue Proceeds from the Fresh Issue will be utilized towards the following objects : 
1. ₹2,400.00 Million will be used for Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by the Company; and 
2. General corporate purposes

Refer to Godavari Biorefineries Limited RHP for more details about the Company.