Gandhar Oil Refinery India Limited
ListedMainboardIndustrial & Financial Services · NSE / BSE
Gandhar Oil Limited is a leading manufacturer of white oils used mainly in consumer and healthcare industries, offering over 350 products under the brand name “Divyol”. Their products are key ingredients for many end products in sectors like consumer goods, healthcare, automotive, industrial, power, tyre, and rubber. The company serves both Indian and global markets, supplying to more than 100 countries as of June 2022. Gandhar Oil has over 3,500 clients worldwide, including well-known brands like P&G, Unilever, Marico, Dabur, Patanjali Ayurved, Bajaj Consumer Care, Emami, Encube, and Amrutanjan Healthcare.
Price Band
₹160 – ₹169
Issue Size
₹501 Cr
Lot Size
88 shares
GMP
₹85
+50.3%
Est. Listing
₹254
at current GMP
Subscribed
64.07x
overall
Open
22 Nov 2023
Close
24 Nov 2023
Allotment
29 Nov 2023
Refund
30 Nov 2023
Demat Credit
1 Dec 2023
Listing
30 Nov 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Indian market segment
- •Price band established at ₹160 - ₹169 per equity share
- •Minimum bid lot is 88 shares
- •Estimated listing target of ₹254 based on current grey market activity