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Issue Open Date
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23-Oct-24
|
|
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Issue Closing Date
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25-Oct-24
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|
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Application Money
|
100
|
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Allotment Money
|
|
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|
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Price Band
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334
-
352
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Minimium Application No.
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42
|
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Issue Size (Shares)
|
11274739
|
|
|
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Market Lot
|
1
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|
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|
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Objective
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1. Repayment/pre-payment, in full or in part, of certain outstanding borrowings availed by our Company.2. General corporate purposes.
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Category
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No. of Shares
|
No. of Shares
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Subscription Ratio
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|
Offered / Reserved |
Bid For |
|
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Non-Institutional Investors
|
2438629
|
2198112
|
0.901372041421635
|
|
Qualified Institutional Buyers
|
3145977
|
8689212
|
2.76200747812206
|
|
Retail Individual Investors
|
5690133
|
9731736
|
1.71028269462243
|
|
|
|
|
Business Description
We are one of the prominent manufacturers of ethanol based chemicals in India and as at March 31, 2024, we havethe largest integrated bio-refinery in India in terms of installed capacity. We are one of India’s largest producersof ethanol in terms of volume as of March 31, 2024 (source: Frost & Sullivan Report). As on March 31, 2024, wewere also the largest manufacturer of MPO worldwide in terms of installed capacity, one of only two manufacturersof natural 1,3 butylene glycol and the only company in India to manufacture bio ethyl acetate. We have also set upIndia’s first bio-based EVE manufacturing facility in India as on March 31, 2024. (source: Frost & SullivanReport). Our diversified product portfolio comprises of bio-based chemicals, sugar, different grades of ethanol andpower. 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 Companyhas the widest portfolio of bio-based products in India.
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Promoter's Holding
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|
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Total Share Capital
|
34000110
|
|
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Offered to Public
|
11274739
|
|
|
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Promoter's Holding (Pre-Issue)
|
81.06
|
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Promoter's Holding (Post-Issue)
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63.31
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Address |
Somaiya Bhavan
45/47
Mahatma Gandhi Road
Fort
Mumbai,
Maharashtra,
400001
Phone : 022-61702100
Email : investors@somaiya.com
Website : www.godavaribiorefineries.com
|
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Registrar |
Link Intime India Pvt Ltd.
C 101
247 Park
LBS Marg
Vikhroli (West)
Mumbai
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Listed at |
|
BSE, NSE
|
|
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Lead Manager |
Equirus Capital Pvt Ltd
SBI Capital Markets Ltd
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Promoters |
Lakshmiwadi Mines and Minerals Pvt Ltd.
Sakarwadi Trading Company Pvt Ltd.
Samir Shantilal Somaiya
Somaiya Agencies Pvt Ltd.
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|
