The company is India’s largest integrated bio-refinery, one of the biggest producers of ethanol, and an expert in the manufacture of ethanol-based chemicals. It is also the world’s largest producer of MPO, one of only two producers of natural 1,3 butylene glycol, India’s fourth largest producer of ethyl acetate, and the country’s only producer of bio ethyl acetate. Its diverse product portfolio, which includes bio-based chemicals, sugar, rectified spirits, ethanol, different grades of alcohol, and power, is used in a variety of industries.
The company currently owns two manufacturing facilities, one in the Bagalkot district of Karnataka (the “Sameerwadi Manufacturing Facility”) and another in the Ahmednagar district of Maharashtra (the “Sakarwadi Manufacturing Facility”). Samir Somaiya, CEO and Managing Director of Godavari Biorefineries Ltd told PTI that the business has already received the final authorization from the market regulator Sebi for its initial public offering (IPO). ”We received Sebi’s final remarks on our IPO request by the end of November (2021). We have one year to get on the list.
We’ll look at the best moment to list,” he added. The corporation recently performed a ‘Bhoomi puja’ of a specialized chemical facility and built a research lab in Ahmednagar. Godavari Biorefineries, located in Mumbai, exports both sugar and bio-chemicals. It has clients from over 20 nations around the globe.
Godavari Biorefineries IPO News
- Godavari Biorefineries RHP
- Godavari Biorefineries DRHP
Godavari Biorefineries IPO GMP, Date, Size & Price Band
| Godavari Biorefineries IPO Date | Coming soon |
| Godavari Biorefineries IPO Price Band | INR – per share |
| Fresh issue | INR370 crore |
| Offer For Sale | 6,558,278 shares |
| Total IPO size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 10 per share |
| Retail Allocation | 35% |
| Listing On | BSE, NSE |
Godavari Biorefineries Competitors & Peers
- Bajaj Hindustan Sugar
- Shree Renuka Sugars Ltd
- Balrampur Chini Mills
- Dhampur Sugar Mills Ltd
- Avadh Sugar and energy
- Dalmia Bharat Sugar
- E.I.D Parry India
- Dwarikesh Sugar Industries
- Uttam Sugar Mills Ltd
- Bannari Amman Sugars Ltd
- Simbhaoli Sugars
- HPCL Biofuels Ltd
Godavari Biorefineries’ Financial Performance
| FY2019 | FY2020 | FY2021 | |
|---|---|---|---|
| Revenue | 1,566.3 | 1,472.7 | 1,546.4 |
| Expenses | 1,560.0 | 1,469.5 | 1,500.0 |
| Net income | 5.5 | 4.1 | 27.2 |
| Margin (%) | 0.4 | 0.3 | 1.8 |
Godavari Biorefineries IPO Timetable
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalisation of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
Godavari Biorefineries Technologies Valuations & Margins
| FY2019 | FY2020 | FY2021 | |
|---|---|---|---|
| EPS | 1.46 | 1.00 | 6.47 |
| PE ratio | – | – | – |
| RONW (%) | 4.71 | 2.18 | 12.72 |
| ROCE (%) | – | – | – |
| EBITDA (%) | 9.3 | 7.9 | 10.7 |
| Debt/Equity | – | – | – |
| NAV | 30.89 | 45.89 | 50.90 |
Godavari Biorefineries Offer Registrar
Link Intime India Private Limited
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: godavari.ipo@linkintime.co.in
Website: https://www.linkintime.co.in
Godavari Biorefineries Contact Details
Godavari Biorefineries Limited
Somaiya Bhavan, 45/47
M.G. Road, Fort
Mumbai – 400 001
Maharashtra
Phone: +91 22 6170 2100
Email: investors@somaiya.com
Website: https://www.godavaribiorefineries.com
Godavari Biorefineries IPO FAQs
Q1. How many shares in Godavari Biorefineries IPO are reserved for HNIs and retail investors?
Ans. The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.
Q2. How to apply in Godavari Biorefineries IPO?
Ans. The best way to apply in Godavari Biorefineries IPO is through Internet banking ASBA . You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
Q3. What is Godavari Biorefineries IPO GMP today?
Ans. Godavari Biorefineries IPO GMP today is NA per share.
Q4. What is Godavari Biorefineries IPO kostak rate today?
Ans. Godavari Biorefineries IPO kostak rate today is NA per application.
Q5. What is Godavari Biorefineries Subject to Sauda rate today?
Ans. Godavari Biorefineries Subject to Sauda rate today is NA per application.
