
Godavari Biorefineries Limited
Oct 23, 2024 - Oct 25, 2024
Godavari Biorefineries Limited IPO Details
Status
listed
Issue Price
₹334.00 - ₹352.00
Lot Size
42 Shares
Subscription
1.87 times
Listing Price
₹308 (-12.5%)
Face Value
₹10 Per share
Issue Size
Approx ₹554.75 Cr
Fresh Issue
Approx ₹325 Cr
Total Shares Offered
Approx ₹229.75 Cr
Retail Quota
35%
QIB Quota
50%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Link Intime India Private Ltd
NSE Code
GODAVARIB
BSE Code
544279
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
₹2.93
Price/Earning P/E Ratio
-
Return on Net Worth (RoNW)
4.73%
Net Asset Value (NAV)
₹62.05
Promoters
Pre issue Share Holding
81.06%
Post issue Share Holding
63.31%
Company Promoters
- Samir Shantilal Somaiya
- Lakshmiwadi Mines and Minerals Private Limited
- Somaiya Agencies Private Limited
Lead Managers
Equirus Capital Private Limited
SBI Capital Markets Limited
Live Subscription
Date | QIB | NII | Retail | Total |
---|---|---|---|---|
Oct 23, 2024 | 0.00 | 0.12 | 0.52 | 0.29 |
Oct 24, 2024 | 0.00 | 0.27 | 1.00 | 0.56 |
Oct 25, 2024 | 2.76 | 0.93 | 1.76 | 1.87 |
Lot Size
Application | Lots | Shares | Amount |
---|---|---|---|
Retail (Min) | 1 | 42 | ₹14,784 |
Retail (Max) | 13 | 546 | ₹192,192 |
S-HNI (Min) | 14 | 588 | ₹206,976 |
S-HNI (Max) | 67 | 2,814 | ₹990,528 |
B-HNI (Min) | 68 | 2,856 | ₹1,005,312 |
Key Performance Indicator
KPI | Values |
---|---|
ROE | -11.16% |
ROCE | -2.35% |
Debt/Equity | 3.01 |
RoNW | -11.16% |
IPO Reservation
Investor Category | Shares Offered | Maximum Allottees |
---|---|---|
Anchor Investor Shares Offered | 47,27,980 (30%) | NA |
QIB Shares Offered | 31,51,989 (20%) | NA |
NII (HNI) Shares Offered | 23,63,991 (15%) | - |
bNII > ₹10L | 15,75,994 (10%) | 2,680 |
sNII < ₹10L | 7,87,997 (5%) | 1,340 |
Retail Shares Offered | 55,15,978 (35%) | 1,31,332 |
Total Shares Offered | 1,57,59,938 (100%) | - |
Company Financial
Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
---|---|---|---|---|
Assets | 1,554.62 | 1,991.66 | 1,743.52 | 1,733.54 |
Revenue | 525.27 | 1,701.06 | 2,023.08 | 1,709.98 |
Profit After Tax | -26.11 | 12.30 | 19.64 | 19.10 |
Net Worth | 233.84 | 260.25 | 249.01 | 232.57 |
Reserves and Surplus | 432.34 | 458.74 | 447.51 | 431.06 |
Total Borrowing | 703.75 | 663.27 | 738.01 | 636.72 |
About Company
Its product portfolio spans bio-based chemicals, sugar, various ethanol grades, and power, which are supplied to industries such as food, beverages, pharmaceuticals, flavors and fragrances, power, fuel, personal care, and cosmetics. The company maintains three research and development facilities, registered with the Department of Scientific and Industrial Research (DSIR), located at its Sakarwadi and Sameerwadi manufacturing plants and in Navi Mumbai, Maharashtra. As of June 30, 2024, it employs 52 permanent research staff, including eight PhD scientists.
As of October 2024, Godavari Biorefineries has secured 18 patents and 53 product/process registrations across multiple countries. The company serves notable clients such as Hershey India Pvt Ltd, Hindustan Coca-Cola Beverages Private Limited, LANXESS India Private Limited, and others, supplying to over 20 countries, including Australia, China, Germany, the United States, and Japan.
The company operates two manufacturing plants—one in Bagalkot, Karnataka, and another in Ahmednagar, Maharashtra. As of June 30, 2024, it employed 1,583 permanent staff, including 437 semiskilled and unskilled workers.
Company Contact
godavari biorefineries limited somaiya bhavan, 45/47, m.g. road fort, mumbai - 400001
Phone: +91 22 6170 2177
Email: investors@somaiya.com
Registrar Contact
link intime india private ltd
Phone: +91-22-4918 6270
Email: godavari.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html