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

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹160 – ₹169
Cut-off price₹169
Issue size₹500 Cr
Shares per lot88
Minimum application₹14,872
Minimum quantity88
Face value₹10
Listing exchanges
ISININE717W01049
Bidding hours10:00 – 17:00 IST
Bidding window22 Nov 2023 – 24 Nov 2023

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.