Listed Price₹298.00
Listing Gain+76.33%
Price Band₹160 - ₹169
Lot Size88 shares
Min Bid₹14,872
Subscription64.07x
Listed Market Snapshot
₹298.00Listed price from market data
+76.33%listing gain
Issue Amount
₹500.69 Cr
Listed Price
₹298.00
Current Price
₹180.26
Registrar
Link Intime India Private Limited
Timeline•Book Built Issue IPO
Open22 Nov 2023
Close24 Nov 2023
Allotment29 Nov 2023
Listing30 Nov 2023
Quota Reservation Portions
QIBPortion: 1,48,13,365 shares
50%Nii (hni)Portion: 44,44,010 shares
15%RetailPortion: 1,03,69,357 shares
35%Minimum Application Bracket Matrix
Retail1 lots / 88 shares
₹14,872sHNI14 lots / 1,232 shares
₹2,08,208bHNI68 lots / 5,984 shares
₹10,11,296About the Company
Gandhar Oil Limited is a leading manufacturer of white oils used mainly in consumer and healthcare industries, offering over 350 products under the brand name “Divyol”. Their products are key ingredients for many end products in sectors like consumer goods, healthcare, automotive, industrial, power, tyre, and rubber. The company serves both Indian and global markets, supplying to more than 100 countries as of June 2022. Gandhar Oil has over 3,500 clients worldwide, including well-known brands like P&G, Unilever, Marico, Dabur, Patanjali Ayurved, Bajaj Consumer Care, Emami, Encube, and Amrutanjan Healthcare.
Company Promoters
Mr Ramesh Babulal ParekhMr Samir Ramesh ParekhMr Aslesh Ramesh Parekh
Registrar
Link Intime India Private Limited