ListedMainboardGODAVARIB

Godavari Biorefineries IPO

Godavari Biorefineries IPO is a mainboard IPO raising ₹555 Cr at ₹334 – ₹352 a share. It listed on 30 Oct 2024 at ₹308, −12.5% against its issue price of ₹352, and trades at ₹205 today (−41.9% since issue). It was subscribed 1.83× in total.

₹352
Issue price
₹205
Price now
−41.9%
Since issue price
30 Oct 2024
Listed on
1.83×Subscribed (final) · all exchanges

Just covered — bids slightly exceed the 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₹334 – ₹352
Cut-off price₹352
Issue size₹555 Cr
Shares per lot42
Minimum application₹14,784
Minimum quantity42
Face value₹10
Listing exchanges—
ISININE497S01012
Bidding hours10:00 – 17:00 IST
Bidding window23 Oct 2024 – 25 Oct 2024

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.