Gandhar Oil Refinery India IPO details (22 – 24 Nov), (Price ₹160 to ₹169)
Listing date and Listing Price of Gandhar Oil Refinery India IPO:
- Gandhar Oil Refinery India IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Gandhar Oil Refinery India IPO on NSE – Click Here
- Listing Price of Gandhar Oil Refinery India IPO on BSE – Click Here
Grey Market premium (GMP) price of Gandhar Oil Refinery India IPO:
Grey Market premium (GMP) price of Gandhar Oil Refinery India IPO is Rs. __. Grey Market premium (GMP) of Gandhar Oil Refinery India IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
Gandhar Oil Refinery India IPO Allotment link status on Link Intime:
- Check the allotment status of Gandhar Oil Refinery India IPO on the below link given by Link Intime.
- Gandhar Oil Refinery India IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
Gandhar Oil Refinery India IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.
Gandhar Oil Refinery India IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Employee category | Total No. of times applied | |
| No. of shares offered | |||||
| Day 1 | |||||
| Day 2 | |||||
| Day 3 |
Gandhar Oil Refinery India IPO highlights:
| Gandhar Oil Refinery India IPO bid Opens on | 22 Nov 2023 |
| Gandhar Oil Refinery India IPO bid Closes on | 24 Nov 2023 |
| Issue type | 100% Book Building |
| Gandhar Oil Refinery India IPO issue size | ₹ 500.69 Cr |
| Face value of each equity share | Rs. 2 |
| Gandhar Oil Refinery India IPO Price band | Rs 160 to Rs 169 per share |
| Gandhar Oil Refinery India IPO market lot | 88 equity shares and multiples |
| Gandhar Oil Refinery India IPO minimum order quantity | 88 equity shares |
| Pre IPO equity share of promoters of Gandhar Oil Refinery India | 87.50 % |
| Post IPO paid-up equity share of promoters of Gandhar Oil Refinery India | 64.63 % |
| QIB portion reservation in Gandhar Oil Refinery India IPO | 50 % |
| NIB portion reservation in Gandhar Oil Refinery India IPO | 15 % |
| Retail portion reservation in Gandhar Oil Refinery India IPO | 35 % |
| Retail individual bidder can apply in Gandhar Oil Refinery India IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Gandhar Oil Refinery India IPO | NA |
| Employees can apply in Gandhar Oil Refinery India IPO | NA |
| Employees Reservation in Gandhar Oil Refinery India IPO | NA |
| Employees Discount in Gandhar Oil Refinery India IPO | NA |
| Listing of Gandhar Oil Refinery India at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Gandhar Oil Refinery India | NA |
| Registrar of Gandhar Oil Refinery India IPO issue | Link Intime India Private Limited |
Gandhar Oil Refinery India IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Gandhar Oil Refinery India IPO are mentioned below.
| Gandhar Oil Refinery India IPO opens on | 22.11.2023 |
| Gandhar Oil Refinery India IPO Closes on | 24.11.2023 |
| Allotment basis date of Gandhar Oil Refinery India IPO | 30.11.2023 |
| Money refund date of Gandhar Oil Refinery India IPO | 01.12.2023 |
| Shares of Gandhar Oil Refinery India in Demat Account | 04.12.2023 |
| Gandhar Oil Refinery India IPO listing date on NSE, BSE | 05.12.2023 |
How much shares of Gandhar Oil Refinery India IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | ₹ 500.69 Crore | |
| Fresh Issue size | – | ₹ 302 Crore |
| Offer for Sale (OFS) | – | ₹ 198.69 Crore |
| Employee Reservation | – | – |
IPO Red Herring Prospectus (RHP) of Gandhar Oil Refinery India:
Click here for IPO RHP of Gandhar Oil Refinery India on SEBI website.
Business of Gandhar Oil Refinery India: (Source – RHP)
Our Company is a leading manufacturer of white oils by revenue with a growing focus on the consumer and healthcare end-industries (Source: CRISIL Report; also see “Industry Overview – Gandhar Oil Refinery India Ltd.’s positioning” on page 195). As of June 30, 2023, our product suite comprised over 440 products primarily across the personal care, healthcare and performance oils (“PHPO”), lubricants and process and insulating oils (“PIO”) divisions under the “Divyol” brand. Our products are used as ingredients by leading Indian and global companies for the manufacture of end products for the consumer, healthcare, automotive, industrial, power and tyre and rubber sectors. The white oil market is the fastest growing segment in the specialty oils sector and our Company is India’s largest manufacturer of 204 white oils by revenue in Financial Year 2023, including domestic and overseas sales and is one of the top five players globally in terms of market share in the calendar year 2022 (Source: CRISIL Report; also see “Industry Overview – Gandhar Oil Refinery India Ltd.’s positioning” on page 195). Our pro forma consolidated revenue from operations grew at a CAGR of 40.59% between the Financial Years 2021 and 2023, which according to the CRISIL Report, was one of the highest CAGR among selected specialty oil peers and second highest CAGR among selected specialty chemical peers.
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