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GODAVARIBEQ / NSE, BSEListed
Godavari Biorefineries

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 Price₹159.50
Listing Gain-54.69%

IPO Schedule & Timeline

Book Built Issue IPO
Open23 Oct 2024
Close25 Oct 2024
Allotment29 Oct 2024
Listing30 Oct 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB31,51,989 shares
28.57%
HNI23,63,991 shares
21.43%
Retail55,15,978 shares
50%

Minimum Application Lots

Retail1 Lot (42 shares)
₹14,784
sHNI14 Lots (588 shares)
₹2,06,976
bHNI68 Lots (2,856 shares)
₹10,05,312

Company Promoters

Samir Shantilal SomaiyaLakshmiwadi Mines and Minerals Private LimitedSomaiya Agencies Private Limited

Company Background

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 p...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest ( Jun 2024)₹525.27 Cr
Growth-69.3%
Revenue Trend (₹ in Crores)
0.0775.51.6k2.3kMar 2022Mar 2023Mar 2024 Jun 2024
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jun 2024525.27-26.111,554.62703.75
Mar 20241,701.0612.301,991.66663.27
Mar 20232,023.0819.641,743.52738.01
Mar 20221,709.9819.101,733.54636.72

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Jun-246.22-11.16%-2.35%120.04-17.25
Mar-242.934.73%9.53%00
Mar-234.687.89%10.59%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
29 Oct 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
30 Oct 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Godavari Biorefineries. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Oct 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Oct 2024Trading commences on exchange

How to Check Godavari Biorefineries Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Godavari Biorefineries from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

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Prospectus & Official Filings

Allotment FAQs & Help

About Godavari Biorefineries IPO

Complete issue overview for Godavari Biorefineries (GODAVARIB) IPO. The issue features an equity share price band of ₹334 – ₹352 per share with a minimum retail lot size of 42 Shares (minimum application amount of ₹14,784). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions