Gandhar Oil Refinery (India) Ltd IPO |
Registered Office:
18th Floor DLH Park S V Road,Goregaon (West)
,
Mumbai
-
400062
,
Maharashtra
, India.
Phone :
91-22 4063 5600 Fax:
Email : investor@gandharoil.com
Website : www.gandharoil.com
|
| Initial public offering of 29,626,732* equity shares of face value of (Rs)2 each ("Equity Shares") of Gandhar Oil Refinery (India) Limited (the "Company" or the "Issuer") for cash at a price of (Rs)169 per equity share (including a premium of (Rs)167 per equity share) (the "Offer Price") aggregating to (Rs)500.69* crores (the "Offer") comprising a fresh issue of 17,869,822* equity shares by the company aggregating to (Rs)302.00* crores (the "Fresh Issue") and an offer for sale of 11,756,910 equity shares aggregating to (Rs)198.69* crores (the "Offer for Sale"), comprising 2,250,000* equity shares aggregating to (Rs)38.03* crores by Ramesh Babulal Parekh (1) (the "Promoter Selling Shareholder"), 2,250,000* equity shares aggregating to (Rs)38.03* crores by Kailash Parekh(1), 2,250,000* equity shares aggregating to (Rs)38.03* crores by Gulab Parekh(1) (Kailash Parekh (1) and Gulab Parekh (1) are together referred to as the "Promoter Group Selling Shareholders"), 3,000,000* equity shares aggregating to (Rs)50.70* crores by Green Desert Real Estate Brokers, 1,000,000* equity shares aggregating to (Rs)16.90* crores by Denver Bldg Mat & Decor Tr llc, 1,000,000* equity shares aggregating to (Rs)16.90* crores by Fleet Line Shipping Services llc, 1,970* equity shares aggregating to (Rs)0.033* crores by Sunith Menon (1), 1,970* equity shares aggregating to (Rs)0.033* crores by Vijendra Sumatilal Patani, 1,970* equity shares aggregating to
(Rs)0.033* crores by Vinay Prabhakar Ulpe (1) and 1,000* equity shares aggregating to (Rs)0.02* crores by Mayur Bhupendralal Desai (1) (Green Desert Real Estate Brokers, Denver Bldg Mat & Decor Tr llc, Fleet Line Shipping Services llc, Sunith Menon (1), Vijendra Sumatilal Patani,
Vinay Prabhakar Ulpe(1)and Mayur Bhupendralal Desai (1), collectively referred to as the "Other Selling Shareholders") (the promoter selling shareholder, promoter group selling shareholders and other selling shareholders, collectively referred to as the "Selling Shareholders" and such equity shares offered by the selling shareholders, the "Offered Shares").
The face value of the equity shares is (Rs)2 each and the offer price is 84.5 times the face value of the equity shares.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 22-Nov-23 |
24-Nov-23 |
(Rs)169.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :88 Further Multiples of :88 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
263.10 |
|
| Project Financed through Current Offer |
500.69 |
|
| Post Issue Equity Share Capital |
19.57 |
|
| Issue Price |
(Rs)169.00 |
|
|