Gandhar Oil Refinery (India) Limited
₹14,872(88 Shares)
Minimum Investment
IPO Dates
Nov 22, 2023 – Nov 24, 2023
Price Band
₹160–169 per equity share
Lot Size
88
Listing
Nov 30, 2023
Listing At
BSE, NSE
Gandhar Oil Refinery (India) Limited Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
sHNI (< ₹10L)
Bids ₹2L to ₹10L
bHNI (> ₹10L)
Bids above ₹10L
Overall Subscription
Total Bids Received
64.07x
Gandhar Oil Refinery (India) Limited IPO Issue Details
- Issue Price
- ₹160-169 Per Equity Share
- Face Value
- ₹2 Per Equity Share
- Listing At
- BSE, NSE
- Listing Date
- Nov 30, 2023
Company Information
Gandhar Oil Limited is a prominent manufacturer of white oils that caters to the consumer and healthcare end-industries. As of June 30, 2022, the company offers an extensive range of over 350 products...
Valuations
RoNW
32.28%
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1he company will not receive any proceeds from the Offer for Sale and the proceeds received from the Offer for Sale will not form part of the Net Proceeds.
- 2Investment in Texol by way of a loan for financing the repayment/pre-payment of a loan facility availed by Texol from the Bank of Baroda
- 3Capital expenditure through purchase of equipment and civil work required for (i) expansion in capacity of automotive oil at the company's Silvassa Plant; (ii) expansion in the capacity of petroleum jelly and accompanying cosmetic product division at the company's Taloja Plant; and (iii) expansion in capacity of white oils by installing blending tanks at the company's Taloja Plant
- 4Funding working capital requirements of the Company
- 5General corporate purposes
Gandhar Oil Refinery (India) Limited – Promoter(s)
Contact Details
Gandhar Oil Refinery (India) Limited IPO Documents
Frequently Asked Questions — Gandhar Oil Refinery (India) Limited IPO
The Gandhar Oil Refinery (India) Limited IPO price band is set at ₹160.00 to ₹169.00 per equity share.
The lot size for Gandhar Oil Refinery (India) Limited IPO is 88 shares per lot. The minimum investment amount is approximately ₹14,872.
The Gandhar Oil Refinery (India) Limited IPO opens on Nov 22, 2023 and closes on Nov 24, 2023.
Gandhar Oil Refinery (India) Limited IPO is expected to be listed on Nov 30, 2023 on BSE, NSE.
