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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Godavari Biorefineries Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹352
Per ShareLot Size
42 Shares
Minimum Investment
₹14,784
Issue Size
₹554.75 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
81.06%
Promoter Holding (Post-Issue)
65.88%
Issue Type
Book Building
ISIN
INE497S01012
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. 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.
The bio-based chemicals market has been growing exponentially owing to the increasing need for environmentally sustainable solutions. The global market for bio-based chemicals in 2023 was valued at USD 97.2 billion and has grown at a CAGR of 10.4% from 2017-23.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 15,759,937 equity shares of face value of Rs. 10 each ("Equity Shares") of Godavari Biorefineries Limited ("The Company" or the "Issuer") for cash at a price of Rs. 352 per equity share (including a premium of Rs. 342 per equity share) (the "Offer Price") aggregating to Rs. 554.75 crores (the "Offer"). The offer comprises of a fresh issue of 9,232,954 equity shares aggregating to Rs. 325.00 crores (the "Fresh Issue") and an offer for sale of 6,526,983 equity shares aggregating to Rs. 229.75 crores (the "Offer for Sale"), consisting of 500,000 equity shares aggregating to Rs. 17.60 crores by Samir Shantilal Somaiya, 500,000 equity shares aggregating to Rs. 17.60 crores by Somaiya Agencies Private Limited and 200,000 equity shares aggregating to Rs. 7.04 crores by Lakshmiwadi Mines and Minerals Private Limited (the "Promoter Selling Shareholders"), 4,926,983 equity shares aggregating to Rs. 173.43 crores by Mandala Capital AG Limited (the "Investor Selling Shareholder"), 300,000 equity shares aggregating to Rs. 10.56 crores by Filmedia Communication Systems Private Limited and 100,000 equity shares aggregating to Rs. 3.52 crores by Somaiya Properties and Investments Private Limited (the "Promoter Group Selling Shareholders", and together with the promoter selling shareholders and the investor selling shareholder, the "Selling Shareholders"). The offer constituted 30.80% of its post-offer paid-up equity share capital, respectively. The face value of the equity shares is Rs. 10 each and the offer price is 35.20 times the face value of equity share.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as Godavari Investment and Finance Corporation Limited in Mumbai, Maharashtra as a public limited company under the Indian Companies Act, 1913, pursuant to a certificate of incorporation dated January 12, 1956, issued by the Registrar of Companies, Bombay. Subsequently, the name of our Company was changed to Godavari Biorefineries Limited and a fresh certificate of incorporation consequent upon the change of name was issued by the Registrar of Companies, Maharashtra at Mumbai on November 10, 2006.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.