The Gandhar Oil Refinery India has begun on 22-November-2023. It will close on 24-November-2023. The Total IPO Size is 500.69 Crore. The company set its IPO price is 160-169 Rs Per Share. Basically, there are three basic categories in Gandhar Oil Refinery India IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Gandhar Oil Refinery India is a leading manufacturer of white oils by revenue with a growing focus on the consumer and healthcare end-industries.
As of June 30, 2022, our product suite comprised over 350 products primarily across the personal care, healthcare and performance oils (“PHPO”), lubricants and process and insulating oils (“PIO”) divisions under the “Divyol” brand.
Their 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.
As of June 30, 2022, Their products were sold in over 100 countries across the globe. They catered to over 3,500 customers in the Financial Year 2022, including leading Indian and global companies such as Procter & Gamble (“P&G”), Unilever, Marico, Dabur, Encube, Patanjali Ayurved, Bajaj Consumer Care, Emami and Amrutanjan Healthcare, supported by our global supplier base and manufacturing operations in India and UAE.
Gandhar Oil Refinery India Promoters
Mr. Ramesh Babulal Parekh, Mr. Samir Ramesh Parekh and Mr. Aslesh Ramesh Parekh are the Promotors of the company.
Gandhar Oil Refinery India IPO Date, Details & Price Band
The Gandhar Oil Refinery India IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 22-November-2023 |
| IPO Closing Dates | 24-November-2023 |
| Price Band | 160-169 Rs |
| Fresh Issue | 302 Crore |
| Offer for Sale | 198.69 Crore |
| Total IPO size | 500.69 Crore |
| Minimum bid (lot size) | 88 Shares |
| Face Value | 2 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Gandhar Oil Refinery India IPO Market Lot
The Gandhar Oil Refinery India IPO minimum market lot is 88 shares With 14,872 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 88 | 14,872 ₹ |
| Retail Maximum | 13 | 1144 | 1,93,336 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 30-Jun-23 | 1,795.57 | 1,071.52 | 54.28 |
| 31-Mar-23 | 1,613.44 | 4,101.79 | 213.18 |
| 31-Mar-21 | 1,097.70 | 2,069.58 | 161.14 |
Gandhar Oil Refinery India IPO GMP & Grey Market Premium
Gandhar Oil Refinery India IPO GMP Grey market premium has been started today. Check Latest Gandhar Oil Refinery India IPO GMP, Kostak Rates and Subject to Sauda Price here.
Gandhar Oil Refinery India IPO Prospectus
Gandhar Oil Refinery India IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Gandhar Oil Refinery India IPO Prospectus.
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| RHP | Download |
Gandhar Oil Refinery India IPO Reviews
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Gandhar Oil Refinery India IPO Form Download
Gandhar Oil Refinery India IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Gandhar Oil Refinery India IPO forms.
Gandhar Oil Refinery India IPO Allotment Date & Details
| Allotment Date | 30-November-2023 |
| Initiation of refunds | 01-December-2023 |
| Transfer of shares to Demat accounts | 04-December-2023 |
| Listing Date | 05-December-2023 |
| Check Allotment Status | Click here |
Registrar of Gandhar Oil Refinery India
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg
Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Contact person: Shanti Gopalkrishnan
SEBI registration no.: INR000004058
Gandhar Oil Refinery India Contact Details
Gandhar Oil Refinery India Limited
18th floor, DLH Park,
S.V. Road
Goregaon (W), Mumbai 400 062
Phone: +91 22 4063 5600
Email: [email protected]
Website: https://gandharoil.com/
Gandhar Oil Refinery India IPO Lead Managers
Edelweiss Financial Services Limited
6th Floor, Edelweiss House
Off C.S.T. Road, Kalina
Mumbai 400 098
Maharashtra, India
Tel: +91 22 4009 4400
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.edelweissfin.com
Contact person: Lokesh Shah
SEBI registration no.: INM0000010650
ICICI Securities Limited
ICICI Venture House
Appasaheb Marathe Marg, Prabhadevi
Mumbai 400 025
Maharashtra, India
Tel: +91 22 6807 7100
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.icicisecurities.com
Contact person: Ashik Joisar/Harsh Thakkar
SEBI Registration no.: INM000011179