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Godavari Biorefineries Ltd.

Sugar

IPO Details
  • Issue Type Book building
  • Price range Rs.334-352
  • Market Lot 42
  • Total Equity Shares 11274739
  • Face Value Rs. 10
  • Listing Date Oct 30, 2024
IPO Timeline
Opening date Oct 23, 2024
Closing date Oct 25, 2024
Listing Date Oct 30, 2024

IPO Details

We are one of the prominent manufacturers of ethanol based chemicals in India and as at March 31, 2024, we have the largest integrated bio-refinery in India in terms of installed capacity. We are one of India’s largest producers of ethanol in terms of volume as of March 31, 2024 (source: Frost & Sullivan Report). As on March 31, 2024, we were also the largest manufacturer of MPO worldwide in terms of installed capacity, one of only two manufacturers of natural 1,3 butylene glycol and the only company in India to manufacture bio ethyl acetate. We have also set up India’s first bio-based EVE manufacturing facility in India as on March 31, 2024. (source: Frost & Sullivan Report). Our diversified product portfolio comprises of bio-based chemicals, sugar, different grades of ethanol and power. These products find application in a range of industries such as food, beverages, pharmaceuticals, flavours & fragrances, power, fuel, personal care and cosmetics. According to the Frost & Sullivan Report, our Company has the widest portfolio of bio-based products in India.

Projects

1. Project Name: Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company

Project Cost: 2400

2. Project Name: General corporate purposes

Project Cost: 636.06

Promoters

Prmoters Name

1. Samir Shantilal Somaiya

2. Somaiya Agencies Pvt Ltd.

3. Sakarwadi Trading Company Pvt Ltd.

4. Lakshmiwadi Mines and Minerals Pvt Ltd.

Prmoters Holdings
  • Pre Share Capital: 34000110
  • Pre Promoter Holding: 81.06
  • Offer to Public: 11274739
  • Post Share Capital: 32400110
  • Post Promoter Holding: 63.31

Registrar

Registrar Name:Link Intime India Pvt Ltd.
Phone: 91-022-25946970/71/72/73/74/75/76/77/78/60320
Email: helpdesk@linkintime.co.in
Website: www.linkintime.co.in

Lead Managers

  • Equirus Capital Pvt Ltd
  • SBI Capital Markets Ltd

Subscription Details

Field Description Field Value
Ipo Code 2039
Total Equity 11274739

Field Description Field Value
No of Shares Offered/Reserved For Qualified Institutional Buyers 3145977
No of Shares Bid For Qualified Institutional Buyers 8689212
Total No of Shares Bid For Qualified Institutional Buyers 2.76
No of Shares Offered/Reserved For Foreign Institutional Buyers 0
No of Shares Bid For Foreign Institutional Buyers 588
Total No of Shares Bid For Foreign Institutional Buyers 0.00
No of Shares Offered/Reserved For Mutual Fund 0
No of Shares Bid For Mutual Fund 6123348
Total No of Shares Bid For Mutual Fund 0.00
No of Shares Offered/Reserved For Qualified Institutional Buyers - Others 0
No of Shares Bid For Qualified Institutional Buyers - Others 2565276
Total No of Shares Bid For Qualified Institutional Buyers - Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Non-Institutional Buyers 2438629
No of Shares Bid For Non-Institutional Buyers 2198112
Total No of Shares Bid For Non-Institutional Buyers 0.90
No of Shares Offered/Reserved For Corporate 0
No of Shares Bid For Corporate 171024
Total No of Shares Bid For Corporate 0.00
No of Shares Offered/Reserved For Individuals 0
No of Shares Bid For Individuals 1950060
Total No of Shares Bid For Individuals 0.00
No of Shares Offered/Reserved For Individuals - Others 0
No of Shares Bid For Individual Others 77028
Total No of Shares Bid For Individual Others 0.00

Field Description Field Value
No of Shares Offered/Reserved For Retail Individual Investor 5690133
No of Shares Bid For Retail Individual Investor 9731736
Total No of Shares Bid For Retail Individual Investor 1.71
No of Shares Offered/Reserved For Retail Individual Investor - Cutoff 0
No of Shares Bid For Retail Individual Investor - Cutoff 8543178
Total No of Shares Bid For Retail Individual Investor - Cutoff 0.00
No of Shares Offered/Reserved For Retail Individual Investor 0
No of Shares Bid For Retail Individual Investor 1188558
Total No of Shares Bid For Retail Individual Investor 0.00

Field Description Field Value
No of Shares Offered/Reserved For Employee 0
No of Shares Bid For Employee 0
Total No of Shares Bid For Employee 0.00
No of Shares Offered/Reserved Employee - Cutoff 0
No of Shares Bid For Employee - Cutoff 0
Total No of Shares Bid For Employee - Cutoff 0.00
Total No of Shares Bid Offered/Reserved For Employee 0
No of Shares Bid Offered/Reserved For Employee 0
Total No of Shares Bid For Employee 0.00

Field Description Field Value
No of Shares Offered/Reserved For All 11274739
No of Shares Bid For All 20619060
Total 1.83