Godavari Biorefineries Limited
ListedMainboardChemicals & Renewable Energy · NSE / BSE
Incorporated in 1956, Godavari Biorefineries Limited is a leading Indian manufacturer of ethanol-based chemicals, operating an integrated biorefinery with a 570 KLPD ethanol production capacity as of June 30, 2024. The company is the world’s largest producer of MPO by installed capacity, one of only two manufacturers of natural 1,3-butanediol, and the sole producer of bio ethyl acetate in India. Its diverse portfolio spans bio-based chemicals, sugar, multiple ethanol grades, and power, serving industries such as food and beverages, pharmaceuticals, cosmetics, personal care, and energy. With manufacturing units in Bagalkot (Karnataka) and Ahmednagar (Maharashtra), the company is backed by three DSIR-registered R&D centers, 52 research professionals including eight PhD scientists, 18 patents, and 53 international product and process registrations. Serving clients in over 20 countries—including the U.S., UK, Germany, Japan, and China—and key customers like Hershey India, Hindustan Coca-Cola, and LANXESS India, Godavari Biorefineries employed 1,583 permanent staff, including 437 semiskilled and unskilled workers, as of June 30, 2024.
Price Band
₹334 – ₹352
Issue Size
₹555 Cr
Lot Size
42 shares
GMP
₹5
+1.4%
Est. Listing
₹357
at current GMP
Subscribed
1.87x
overall
Open
23 Oct 2024
Close
25 Oct 2024
Allotment
29 Oct 2024
Refund
30 Oct 2024
Demat Credit
31 Oct 2024
Listing
30 Oct 2024
Last updated 12 days ago
Overall Subscription
1.87x
Total Demand
QIB Multiplier
2.76x
Institutions & Funds
NII / HNI
0.93x
High Net-Worth
Retail (RII)
1.76x
Individual Bidders
Category-Wise Subscription Breakup
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 3,151,989 | 8,689,212 | 2.76x |
| NIB | 2,363,991 | 2,198,112 | 0.93x |
| HNIs(10L +) | 1,575,994 | 875,070 | 0.56x |
| HNIs (2-10L) | 787,997 | 1,323,042 | 1.68x |
| RETAIL | 5,515,978 | 9,731,736 | 1.76x |
| Total | 13,395,949 | 22,817,172 | 1.87x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 2,680 | 216 | 0.08x |
| HNIs (2-10L) | 1,340 | 1,999 | 1.49x |
| RETAIL | 131,333 | 200,833 | 1.53x |
| Total Applications | 135,353 | 203,048 | 1.50x |
Day-Wise Subscription Progress
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
About Godavari Biorefineries Limited Public Issue & Market Profile
Godavari Biorefineries Limited is bringing an initial public offering (IPO) in the Chemicals & Renewable Energy sector with an aggregate issue size of ₹554.75 Crores. The shares are offered at a price band of ₹334 to ₹352 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Bidding & Quota Instructions:
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 42 shares (approx. ₹14,784 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment Reconciliation Schedule:
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2024-10-31, while un-allotted funds or UPI block mandates will be released on 2024-10-30.
Frequently Asked Questions
What is Godavari Biorefineries Limited IPO GMP today?
The latest Grey Market Premium (GMP) for Godavari Biorefineries Limited IPO is ₹5 per equity share. Based on the upper price band of ₹334 to ₹352 per equity share, the estimated listing price is ₹357 (+1.4% expected listing gain).
What is the expected profit per lot for Godavari Biorefineries Limited IPO?
With a lot size of 42 shares and current GMP of ₹5, the expected profit per application lot is approx ₹210 (+1.4% gain). Minimum application cost is approx ₹14,784.
What is the issue size and price band for Godavari Biorefineries Limited IPO?
The Godavari Biorefineries Limited IPO aggregate issue size is ₹554.75 Crores with an equity price band set at ₹334 to ₹352 per equity share. The retail lot size is 42 shares requiring a minimum capital outlay of approx. ₹14,784.
How can I check Godavari Biorefineries Limited IPO live subscription demand?
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.87x (Retail: 1.76x, QIB: 2.76x, NII: 0.93x). You can track live multiples directly on our dedicated subscription page.
Where and when will Godavari Biorefineries Limited IPO allotment status be published?
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2024-10-29. Investors can verify status using PAN card or application number.
When is the listing date for Godavari Biorefineries Limited IPO?
Godavari Biorefineries Limited shares are scheduled to list on NSE and BSE on 2024-10-30.