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Gandhar Oil Refinery (India) IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 500.69 Cr. The company is based in Mumbai and caters to Chemical sector. ICICI Securities , Nuvama Wealth Management are the merchant bankers of Gandhar Oil Refinery (India) IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 21st December 2022.
Gandhar Oil Refinery (India) IPO open date is 22nd November 2023 and close date is 24th November 2024. IPO Allotment Date is 28th November 2023 and Listing date is 30th November 2023.
IPO
Size:
₹ 500.69 Cr.
Avg IPO Size (Sector Based)
: ₹
595.38 cr.
Sector: Chemical
IPO so far:
39
Merchant Banker:
ICICI Securities
IPO by BRLM so far:
164
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹
4286.08
cr. 
PE
Ratio:
10.25x
Average Sector PE Ratio: 23.14x
Gandhar Oil Refinery (India) IPO size is ₹ 500.69 Cr. with IPO price of ₹ 169.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
ICICI Securities Limited is the book-running lead manager of the Gandhar Oil Refinery (India) IPO. Link Intime India Private Limited is the Registrar for Gandhar Oil Refinery (India) IPO.
Gandhar Oil Refinery (India) IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Gandhar Oil Refinery (India) IPO, based in Mumbai, operates in the Chemical sector with a focus on manufacturer of white oils catering to personal and healthcare. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Gandhar Oil Refinery (India) IPO size is ₹ 500.69 Cr. with fresh issue size of ₹ 302.00 Cr. and Offer for sale being ₹ 198.69Cr.
The IPO allotment date for Gandhar Oil Refinery (India) IPO is expected to be 28th November 2023, after the finalization of basis of allotment. Investors can check Gandhar Oil Refinery (India) IPO allotment status on the registrars website, Link Intime India Private Limited . Gandhar Oil Refinery (India) IPO refund dates are 29th November 2023.
Gandhar Oil Refinery (India) IPO is expected to be listed on 30th November 2023.
The upper price band for the Gandhar Oil Refinery (India) IPO is set at ₹ 169.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Gandhar Oil Refinery (India) IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Gandhar Oil Refinery (India) IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th November 2024. After submission, funds are blocked until the basis of allotment of Gandhar Oil Refinery (India) IPO is finalised.
The merchant banker for Gandhar Oil Refinery (India) IPO is ICICI Securities Limited , Nuvama Wealth Management Limited . ICICI Securities Limited , Nuvama Wealth Management Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Gandhar Oil Refinery (India) IPO RHP for further details.
The registrar for Gandhar Oil Refinery (India) IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Gandhar Oil Refinery (India) IPO through their official website or helpline.
Gandhar Oil Refinery (India) IPO was subscribed 65.63 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 500.69 Cr.
Avg IPO Size (Sector Based)
:
₹ 595.38 Cr.
Sector: Chemical
IPO so far:
39
Merchant Banker:
ICICI Securities
IPO by BRLM so far:
164
City:
Mumbai
IPO so far:
184
Revenue (annualised):
₹ 4,281.32 cr.
PE
Ratio:
10.25x
Average Sector PE Ratio: 23.14x
Gandhar Oil Refinery (India) IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Gandhar Oil Refinery (India) Financial Review Page
Merchant Banker(s) of Gandhar Oil Refinery (India) IPO: ICICI Securities Limited , Nuvama Wealth Management Limited
Gandhar Oil Refinery (India) IPO subscription was 65.63 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Gandhar Oil Refinery (India) IPO listed at a listing price of 301.50 against the offer price of 169.00.
The current market price of Gandhar Oil Refinery (India) is 173.42.
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