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
Official Registrar Verification
Gandhar Oil Refinery India Limited Allotment Status
Designated Registrar: Link Intime India Private Limited
Allotment Date
29 Nov 2023
Basis finalization
Refunds Initiate
30 Nov 2023
Mandate release
Demat Credit
1 Dec 2023
Shares in demat
Listing Debut
30 Nov 2023
Trading begins
How to Check Gandhar Oil Refinery India Limited IPO Allotment Status
- Click the Check on Registrar button above to visit Link Intime India Private Limited's allotment portal.
- Select Gandhar Oil Refinery India Limited from the dropdown company list.
- Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
- Enter your details accurately and solve the Captcha code.
- Click Submit / Search to view the number of shares applied and allotted to you.
About Gandhar Oil Refinery India Limited Public Issue & Market Profile
Gandhar Oil Refinery India Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹500.69 Crores. The shares are offered at a price band of ₹160 to ₹169 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Allotment Procedure:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Official Allotment Timelines & Registrar Guidance:
Following the close of bidding on 2023-11-24, the basis of allotment is scheduled to be finalized on 2023-11-29. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What if my name is not showing on the registrar portal?
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
How will I receive the refund if I don't get allotment?
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.