ListedMainboardGANDHAR

Gandhar Oil Refinery India Limited

Gandhar Oil Refinery India Limited is a mainboard IPO raising ₹500 Cr at ₹160 – ₹169 a share. It listed on 30 Nov 2023 and trades at ₹237 today, +40.2% against its issue price of ₹169. It was subscribed 64× in total.

169
Issue price
237
Price now
+40.2%
Since issue price
30 Nov 2023
Listed on
64×Subscribed (final) · all exchanges

64.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Who bid for it

Investor categoryShares offeredShares bid forSubscribed
QIB
Banks, funds and other large institutions
59,27,98476,47,13,136129×
Foreign Institutional Investorsno separate quota16,22,36,272n/a
Domestic Financial Institutionsno separate quota47,30,08,008n/a
Mutual fundsno separate quota83,57,272n/a
Othersno separate quota12,11,11,584n/a
Non-institutional
Wealthy individuals and companies bidding above ₹2 lakh
45,94,78728,59,33,82462×
Non Institutional Investors30,63,19118,34,63,80860×
Corporatesno separate quota78,47,312n/a
Individualsno separate quota15,86,58,808n/a
Othersno separate quota1,69,57,688n/a
Non Institutional Investors15,31,59610,24,70,01667×
Corporatesno separate quota6,38,352n/a
Individualsno separate quota9,10,05,904n/a
Othersno separate quota1,08,25,760n/a
Retail
Ordinary investors bidding up to ₹2 lakh
1,07,21,16931,03,64,82429×
Cut Offno separate quota26,81,17,256n/a
Price bidsno separate quota4,22,47,568n/a
Total2,12,43,9401,36,10,11,78464×

Sub-categories read no separate quota rather than a dash: the exchange publishes bids at that level but never a reservation against them, so a subscription multiple does not exist — it is not missing data. Bids across both exchanges (NSE and BSE) — the figure usually quoted publicly. Last updated 25 Jul, 07:06 pm IST.

How demand built

We hold no subscription readings for this issue.