Godavari Biorefineries Limited IPO
Godavari Biorefineries Limited was a mainboard IPO in the Diversified FMCG sector, offered at ₹334–₹352 per share to raise ₹555 crore. The issue was subscribed 1.83× overall (QIBs 2.76×, NIIs 0.9×, retail 1.71×). It listed on 30 Oct 2024 at ₹308 and closed its first day at ₹343, a listing loss of -2.5% versus the ₹352 issue price. It now trades around ₹204 (-42.1% versus the issue price).
Frequently asked questions
- How many times was the Godavari Biorefineries Limited IPO subscribed?
- The Godavari Biorefineries Limited IPO was subscribed 1.83× overall — 2.76× in the QIB category, 0.9× among non-institutional investors, 1.71× in retail.
- What were the Godavari Biorefineries Limited IPO listing gains?
- Godavari Biorefineries Limited listed on 30 Oct 2024 at ₹308, closing its first day at ₹343 — a listing loss of -2.5% versus the ₹352 issue price.
- What were the retail allotment odds for the Godavari Biorefineries Limited IPO?
- Retail was subscribed 1.71×, so a single-lot application had roughly a 58.5% chance of allotment (about 1 in 2), and allotment was finalised on 28 Oct 2024.
- What was the price band and lot size of the Godavari Biorefineries Limited IPO?
- The price band was ₹334–₹352 per share, with a minimum lot of 42 shares (₹14,784 at the upper band).
- Who were the registrar and lead manager for the Godavari Biorefineries Limited IPO?
- Link Intime India Private Limited was the registrar, and Equirus was the book-running lead manager.