Exchanges
BSE, NSE
Issue
Book building

Godavari Biorefineries IPO

₹343.20

−2.50% on listing

Listing-day close · NSE · 30 Oct 2024 · issue price ₹352

Godavari Biorefineries’ ₹555 crore IPO was priced at ₹352 a share. It listed on the NSE on 30 Oct 2024 and closed its first day at ₹343.20, down 2.50% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹555 Cr
Fresh issue
₹325 Cr
Offer for sale
₹230 Cr
Lot size
42 shares
Minimum investment
₹14,784
Face value
₹10
Registrar
MUFG Intime India

Subscription

Godavari Biorefineries IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.61×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹1,801 Cr
P/E (post-issue)
-17.3
EPS (post-issue)
−₹20.40
Price to book
6.3
ROE
−11.16%
ROCE
−2.35%
Debt to equity
3.01
PAT margin
−4.97%
Promoter holding
81.06% → 63.31%

Financials as of 30 Jun 2024, from the offer documents.

Listing

Listing date
30 Oct 2024
Issue price
₹352
Open
₹308.00
High
₹354.45
Low
₹308.00
Close
₹343.20

Listing day on the NSE. The close was −2.50% on the issue price.

GODAVARI BIOREFINERIES L share price today

FAQs

When did the Godavari Biorefineries IPO open and close?

It opened on 23 Oct 2024 and closed on 25 Oct 2024.

What was the Godavari Biorefineries IPO price?

The price band was ₹334–352 a share. The final issue price was ₹352.

What is the lot size and minimum investment?

One lot is 42 shares, ₹14,784 at ₹352 a share. Retail investors apply in whole lots.

How much did Godavari Biorefineries raise?

₹555 crore: ₹325 crore of new shares and ₹230 crore offered by existing shareholders.

How many times was the Godavari Biorefineries IPO subscribed?

1.61 times overall.

How did Godavari Biorefineries list?

It listed on the NSE on 30 Oct 2024 at ₹308.00 and closed the day at ₹343.20, down 2.50% on the ₹352 issue price.

Who is the registrar of the Godavari Biorefineries 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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