The Godawari Power & Ispat Limited date has been not confirmed.
Established in 1999, GPIL (Godawari Power & Ispat Ltd.) is a leading company under the HIRA Group of Industries. Its primary objective was to establish a steel plant with a power generation facility. GPIL holds a prominent position in the steel industry, particularly in the production of mild steel wire. As the flagship company of the Hira Group, it is involved in the entire manufacturing process of mild steel wire.
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Key Details Of Godawari Power & Ispat Limited
Bidding Dates
Coming Soon
Buyback Price
₹1400 per share
Face Value
₹5 per share
Offer Closes On
Coming Soon
Godawari Power & Ispat Limited IPO Buyback Price
The Godawari Power & Ispat Limited Buyback Price is ₹1800 per share.
IPO Overview
The Godawari Power and Ispat Buyback 2024 open and close dates are not available as of now. Last date to be eligible to participate in buyback is June 27, 2024. The Godawari Power and Ispat Buyback 2024 is being offered at Rs ₹1400 per share per equity share. The issue size of Godawari Power and Ispat Buyback 2024 is of 215,000 equity shares at ₹1400 per share aggregating upto ₹30.10 Crores.
Godawari Power & Ispat Limited Buyback Detail
| Issue Period | |
| Security Name | Godawari Power & Ispat Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 215,000 (1.64 % of Total number of equity Shares) |
| Issue Size (Amount) | ₹30.10 Crores |
| Buyback Price | ₹1400 per share |
| Face Value | ₹5 per share |
| Listing At | BSE, NSE |
Godawari Power & Ispat Limited Financial Information
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 5,159.36 | 4,889.93 | 3,473.55 |
| Revenue | 5,857.10 | 5,428.55 | 3,473.55 |
| Profit After Tax | 793.36 | 1,467.31 | 654.51 |
| Amount in ₹ Crore | |||
Godawari Power & Ispat Limited Buyback Issue Timetable
| Last Date to buy shares | June 27, 2024 |
| Record Date | June 28, 2024 |
| Offer Opens On | |
| Last Date for receipt of Tender Forms | |
| Offer Closes On * | |
| Finalisation of Buyback Acceptance | |
| Last Date for settlment of bids | |
| Last Date for Extinguishment of Shares |
Company Profile
Godawari Power & Ispat Ltd. (GPIL) was formerly known as Ispat Godawari Ltd. (IGL). It is a public limited company and a part of the HIRA Group of Industries in Raipur, C.G. Established in 1999, GPIL was founded to build an integrated steel plant with captive power generation. The company is led by Mr. B. L. Agrawal, the Managing Director, who is a visionary in the field with extensive experience in commissioning and operating cement plants, sponge iron plants, and more. GPIL is listed on the National Stock Exchange and the Bombay Stock Exchange.
GPIL, a leading company of the Hira Group of Industries in Raipur, specializes in producing mild steel wire. They are now a complete manufacturer of mild steel wires, producing various products from sponge iron to iron ore pellets. Additionally, they have rights to iron ore mining for their use, making them a fully integrated steel manufacturer.
Registrar Info
| Name | Coming Soon |
| Phone number | Coming Soon |
| Email ID | Coming Soon |
| Website | Coming Soon |
Contact Details
| Name | Godawari Power & Ispat Limited |
| Phone number | +91 82320 87911 |
| Email ID | [email protected] |
| Website | godawaripowerispat.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Godawari Power & Ispat Limited IPO FAQs
Which is the last day to buy Godawari Power and Ispat Buyback 2024 for buyback?
Last date to be eligible to participate in buyback is June 27, 2024.
What is the offer price for Godawari Power and Ispat Buyback 2024 offer?
The Godawari Power and Ispat Buyback 2024 is being offered at Rs ₹1400 per share per equity share.
What is the record date for Godawari Power and Ispat Buyback 2024 offer?
The record date for the Godawari Power and Ispat Buyback 2024 is June 28, 2024.
What is the issue size of Godawari Power and Ispat Buyback 2024?
The issue size of Godawari Power and Ispat Buyback 2024 is of 215,000 equity shares at ₹1400 per share aggregating upto ₹30.10 Crores.
