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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%

Subscription Status

1.87xTotal Demand
Updated 20 Oct 2026, 01:30 AM
QIB2.76x
Fully Subscribed (Safe)Offered: 31,51,989 sh
Nib0.93x
Steady / DevelopingOffered: 23,63,991 sh
Hnis(10l +)0.56x
Steady / DevelopingOffered: 15,75,994 sh
Hnis (2-10l)1.68x
Fully Subscribed (Safe)Offered: 7,87,997 sh
Retail1.76x
Fully Subscribed (Safe)Offered: 55,15,978 sh
CategoryOfferedAppliedTimes
QIB31,51,98986,89,2122.76x
Nib23,63,99121,98,1120.93x
Hnis(10l +)15,75,9948,75,0700.56x
Hnis (2-10l)7,87,99713,23,0421.68x
Retail55,15,97897,31,7361.76x

Segment Subscription Demand

Segment / CategoryDemand (Shares)Offered (Shares)Times Sub.
QIB305.86110.952.76x
Retail342.56194.161.76x
Hnis 2+46.5727.741.68x
Hnis 10+30.855.470.56x

Application-wise Breakup

CategoryReservedAppliedTimes Sub.
Hnis(10l +)2,6802160.08x
Hnis (2-10l)1,3401,9991.49x
Retail1,31,3332,00,8331.53x
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About Godavari Biorefineries IPO Subscription Demand

Live subscription status and bidding analysis for Godavari Biorefineries (GODAVARIB) IPO. The issue is subscribed 1.87x overall across Qualified Institutional Buyers (QIB), Non-Institutional Investors (NII/HNI), and Retail Individual Investors (RII). Check real-time grey market demand on our GMP Tracker or review full issue details, lot size, and price band on the IPO Details Page.

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