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GODAVARIBEQ / NSE, BSEListed

Godavari Biorefineries Limited

Incorporated in 1956, Godavari Biorefineries Limited is a leading Indian manufacturer of ethanol-based chemicals, operating an integrated biorefinery with a 570 KLPD ethanol production capacity as of June 30, 2024. The company is the world’s largest producer of MPO by installed capacity, one of only two manufacturers of natural 1,3-butanediol, and the sole producer of bio ethyl acetate in India. Its diverse portfolio spans bio-based chemicals, sugar, multiple ethanol grades, and power, serving industries such as food and beverages, pharmaceuticals, cosmetics, personal care, and energy. With manufacturing units in Bagalkot (Karnataka) and Ahmednagar (Maharashtra), the company is backed by three DSIR-registered R&D centers, 52 research professionals including eight PhD scientists, 18 patents, and 53 international product and process registrations. Serving clients in over 20 countries—including the U.S., UK, Germany, Japan, and China—and key customers like Hershey India, Hindustan Coca-Cola, and LANXESS India, Godavari Biorefineries employed 1,583 permanent staff, including 437 semiskilled and unskilled workers, as of June 30, 2024.

₹334 - ₹3521.87x sub
Listed Price159.50
Listing Gain-54.69%
TimelineBook Built Issue IPO
Open23 Oct 2024
Close25 Oct 2024
Allotment29 Oct 2024
Listing30 Oct 2024

Quota Reservation Portions

QIBPortion: 31,51,989 shares
28.57%
HNIPortion: 23,63,991 shares
21.43%
RetailPortion: 55,15,978 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 42 shares
₹14,784
sHNI14 lots / 588 shares
₹2,06,976
bHNI68 lots / 2,856 shares
₹10,05,312

About the Company

Incorporated in 1956, Godavari Biorefineries Limited is a leading Indian manufacturer of ethanol-based chemicals, operating an integrated biorefinery with a 570 KLPD ethanol production capacity as of June 30, 2024. The company is the world’s largest producer of MPO by installed capacity, one of only two manufacturers of natural 1,3-butanediol, and the sole producer of bio ethyl acetate in India. Its diverse portfolio spans bio-based chemicals, sugar, multiple ethanol grades, and power, serving industries such as food and beverages, pharmaceuticals, cosmetics, personal care, and energy. With manufacturing units in Bagalkot (Karnataka) and Ahmednagar (Maharashtra), the company is backed by three DSIR-registered R&D centers, 52 research professionals including eight PhD scientists, 18 patents, and 53 international product and process registrations. Serving clients in over 20 countries—including the U.S., UK, Germany, Japan, and China—and key customers like Hershey India, Hindustan Coca-Cola, and LANXESS India, Godavari Biorefineries employed 1,583 permanent staff, including 437 semiskilled and unskilled workers, as of June 30, 2024.

Company Promoters

Samir Shantilal SomaiyaLakshmiwadi Mines and Minerals Private LimitedSomaiya Agencies Private Limited