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Gandhar Oil Refinery (India) IPO
₹301.40
+78.34% on listing
Listing-day close · NSE · 30 Nov 2023 · issue price ₹169
Gandhar Oil Refinery (India)’s ₹501 crore IPO was priced at ₹169 a share. It listed on the NSE on 30 Nov 2023 and closed its first day at ₹301.40, up 78.34% on the issue price.
Timeline
- Opens
- Closes
- Allotment
- Refunds
- Shares in demat
- Listing
Issue details
- Issue size
- ₹501 Cr
- Fresh issue
- ₹302 Cr
- Offer for sale
- ₹199 Cr
- Lot size
- 88 shares
- Minimum investment
- ₹14,872
- Face value
- ₹2
- Registrar
- MUFG Intime India
Subscription
| Category | Shares offered | Times subscribed |
|---|---|---|
| Total | — | 45.99× |
Overall, from the basis of allotment.
Financials and valuation
- Market cap (post-issue)
- ₹1,654 Cr
- P/E (post-issue)
- 6.2
- ROE
- 32.28%
- ROCE
- 41.19%
- Debt to equity
- 0.22
- PAT margin
- 5.20%
- Promoter holding
- 87.50% → 64.63%
From the offer documents.
Listing
- Listing date
- 30 Nov 2023
- Issue price
- ₹169
- Open
- ₹298.00
- High
- ₹344.05
- Low
- ₹295.30
- Close
- ₹301.40
Listing day on the NSE. The close was +78.34% on the issue price.
GANDHAR share price todayFAQs
When did the Gandhar Oil Refinery (India) IPO open and close?
It opened on 22 Nov 2023 and closed on 24 Nov 2023.
What was the Gandhar Oil Refinery (India) IPO price?
The price band was ₹160–169 a share. The final issue price was ₹169.
What is the lot size and minimum investment?
One lot is 88 shares, ₹14,872 at ₹169 a share. Retail investors apply in whole lots.
How much did Gandhar Oil Refinery (India) raise?
₹501 crore: ₹302 crore of new shares and ₹199 crore offered by existing shareholders.
How many times was the Gandhar Oil Refinery (India) IPO subscribed?
45.99 times overall.
How did Gandhar Oil Refinery (India) list?
It listed on the NSE on 30 Nov 2023 at ₹298.00 and closed the day at ₹301.40, up 78.34% on the ₹169 issue price.
Who is the registrar of the Gandhar Oil Refinery (India) IPO?
MUFG Intime India handles the allotment, refunds and credit of shares.
For information only. Not investment advice or a research report.
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