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Godavari Biorefineries Ltd IPO; Key GMP Updates You Need to Know! Discover More

Godavari Biorefineries Limited IPO offers shares at ₹334 - ₹352, with a ₹0 Grey Market Premium. Available in 42 share lots, the subscription runs from October 23 to October 25, 2024.

Godavari Biorefineries Limited IPO has a ₹0 Grey Market Premium as of October 22, 2024, with a price range from ₹334 to ₹352 per share. Offering lots of 42 shares, the subscription window is open from October 23 to October 25, 2024.

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Godavari Biorefineries Limited IPO GMP Today

The Grey Market Premium (GMP) for Godavari Biorefineries Limited is ₹0 as of October 22, 2024. This assessment coincides with a price from ₹334 to ₹352 per share for the IPO.

Godavari Biorefineries Limited IPO Review

Godavari Biorefineries’s revenue has declined from ₹20,146.94 millions in FY2023 to ₹16,866.65 millions in FY2024, though profitability improved, with PAT decreased from ₹196.37 millions in FY2023 to ₹122.99 millions in FY2024.

The company’s equity strengthened from ₹4,894.48 millions in FY2023 to ₹5,006.80 millions in FY2024. NAV per share increased from ₹59.37 to ₹62.05 in FY2024, Godavari Biorefineries showcased strong liquidity and reduced reliance on debt.

To get a full IPO review, click here Godavari Biorefineries IPO

Godavari Biorefineries Limited IPO Date

Godavari Biorefineries Limited will start accepting subscriptions from October 23 to October 25, 2024.

Godavari Biorefineries Limited IPO Price

Godavari Biorefineries Limited’s price range is from ₹334 to ₹352 per share with a face value of ₹10 each.

Godavari Biorefineries Limited

The company is a leading manufacturer of ethanol-based chemicals in India, with a bio-refinery capacity of 570 KLPD as of June 30, 2024. As of March 31, 2024, it ranks among the largest ethanol producers in the country. Its diverse product range includes bio-based chemicals, sugar, various ethanol grades, and power, serving industries like food, pharmaceuticals, and cosmetics.

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How To Apply For Godavari Biorefineries Limited IPO?

To apply for the Godavari Biorefineries Limited IPO through Alice Blue, follow these steps:

1. Open a Demat and Trading Account with Alice Blue if you don’t have one.

2. Access IPO details for Godavari Biorefineries Limited on the Alice Blue platform.

3. Place your bid for the desired number of shares within the IPO’s price range.

4. Confirm your information and submit your application quickly.

You can apply for the Godavari Biorefineries Limited IPO at Alice Blue in just a few clicks!

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