Support

Godavari Biorefineries Ltd IPO Synopsis

An Initial Public Offering is an opportunity for investors to take part in the growth of a company. It is always better to be in the first batch of investors. The shares offered by the company get listed on the stock exchanges and can be bought and sold by investors.

Login to APPLY

Godavari Biorefineries Ltd IPO

Registered Office: Somaiya Bhavan 45/47 M G Road,Fort , Mumbai - 400001 , Maharashtra , India.
Phone : +91 22 6170 2177   Fax:
Email :  investors@somaiya.com  
Website :  www.godavaribiorefineries.com
Initial public offering of 15,759,937 equity shares of face value of (Rs)10 each ("Equity Shares") of Godavari Biorefineries Limited ("The Company" or the "Issuer") for cash at a price of (Rs)352 per equity share (including a premium of (Rs)342 per equity share) (the "Offer Price") aggregating to (Rs)554.75 crores (the "Offer"). The offer comprises of a fresh issue of 9,232,954 equity shares aggregating to (Rs)325.00 crores (the "Fresh Issue") and an offer for sale of 6,526,983 equity shares aggregating to (Rs)229.75 crores (the "Offer for Sale"), consisting of 500,000 equity shares aggregating to (Rs)17.60 crores by Samir Shantilal Somaiya, 500,000 equity shares aggregating to (Rs)17.60 crores by Somaiya Agencies Private Limited and 200,000 equity shares aggregating to (Rs)7.04 crores by Lakshmiwadi Mines and Minerals Private Limited (the "Promoter Selling Shareholders"), 4,926,983 equity shares aggregating to (Rs)173.43 crores by Mandala Capital AG Limited (the "Investor Selling Shareholder"), 300,000 equity shares aggregating to (Rs)10.56 crores by Filmedia Communication Systems Private Limited and 100,000 equity shares aggregating to (Rs)3.52 crores by Somaiya Properties and Investments Private Limited (the "Promoter Group Selling Shareholders", and together with the promoter selling shareholders and the investor selling shareholder, the "Selling Shareholders"). The offer constituted 30.80% of its post-offer paid-up equity share capital, respectively. The face value of the equity shares is (Rs)10 each and the offer price is 35.20 times the face value of equity share.

Issue Money Payable On
Opens On Closes On Application Allotment
23-Oct-24 25-Oct-24 (Rs)352.00-0.00 (Rs)0.00-0.00
Minimum Application for shares in Nos :42  Further Multiples of :42

  (Rs Cr) Lead Managers to the Issue
Project Cost 303.61
Equirus Capital Pvt Ltd
Project Financed through Current Offer 554.75  
Post Issue Equity Share Capital 51.18  
Issue Price (Rs)352.00  
 
Projects
Repayment/pre-payment in full or in part of cerain borrowings availed by the companyGeneral corporate purposes
Promoted By
Samir Shantilal Somaiya  
Lakshmiwadi Mines and Minerals  
Sakarwadi Trading Company Pvt  
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd