Incorporated in 1956, Godavari Biorefineries Limited manufactures ethanol-based chemicals in India. As of June 30, 2024, the company operates an integrated biorefinery with a capacity of 570 KLPD for ethanol production. As on March 31, 2024, the company is the largest producer of MPO in the world based on installed capacity. It is one of only two manufacturers of natural 1,3-butanediol and the only company in India that makes bio ethyl acetate.
The company's product portfolio includes bio-based chemicals, sugar, various grades of ethanol, and power. These products are used in industries such as food, beverages, pharmaceuticals, flavours and fragrances, power, fuel, personal care, and cosmetics The company has three research and development facilities registered with the Department of Scientific and Industrial Research (DSIR): one at the Sakarwadi Manufacturing Facility, one at the Sameerwadi Manufacturing Facility, and one in Navi Mumbai, Maharashtra. As of June 30, 2024, the company employs 52 permanent research staff, including eight scientists with doctoral degrees.
| For the period Ended | 31-Mar-22 | 31-Mar-23 | 31-Mar-24 | 31-Jun-24 |
|---|---|---|---|---|
| Total Assets | 1,733.54 | 1,743.52 | 1,991.66 | 1,554.62 |
| Total Revenue | 1,709.98 | 2,023.08 | 1,701.06 | 525.27 |
| Profit After Tax | 19.10 | 19.64 | 12.30 | -26.11 |
| Total Borrowing | 636.72 | 738.01 | 663.27 | 703.75 |
| ** All Amounts are in ₹ Crores | ||||
| Godavari Biorefineries Limited IPO Date | 23 October 2024 to 25 October 2024 |
|---|---|
| Godavari Biorefineries Limited IPO Face Value | ₹10 per share |
| Godavari Biorefineries Limited IPO Price | ₹334 to ₹352 per share |
| Lot Size | 42 Shares |
| Issue Size | 15,759,938 shares (aggregating up to ₹554.75 Cr) |
| Fresh Issue | 9,232,955 shares (aggregating up to ₹325.00 Cr) |
| Offer for Sale | 6,526,983 shares of ₹10 (aggregating up to ₹229.75 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Shareholding Pre-Issue | 41,943,023 |
| Shareholding Post-Issue | 51,175,978 |
Godavari Biorefineries Limited IPO opens from October 23, 2024 10.00 A.M. to October 25 , 2024 5.00 P.M.
| Godavari Biorefineries Limited IPO Opening Date | October 23, 2024 |
|---|---|
| Godavari Biorefineries Limited IPO Closing Date | October 25, 2024 |
| Basis of Allotment | October 28, 2024 |
| Initiation of Refunds | October 29, 2024 |
| Credit of Shares to Demat | October 29, 2024 |
| Godavari Biorefineries Limited IPO Listing Date | October 30, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 25, 2024 |
Retail Individual Investors can apply for Minimum 1 Lot and Maximum 13 lot .
| Lots | No. Of Shares | Total Amount |
|---|---|---|
| 1(Min) | 42 | ₹14,784 |
| 13(Max) | 546 | ₹192,192 |