Gandhar Oil IPO Subscription Status – IPO Closed

Gandhar Oil IPO subscription status started on Wednesday, November 22, 2023 and will close on November 24, 2023. Gandhar Oil IPO to raise around ₹500.69 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹160 to ₹169 per equity share.

Gandhar Oil IPO

The Gandhar Oil IPO minimum market lot is 88 with ₹14,872 application amount. The IPO is a Mainline IPO, and it will list on BSE & BSE.

Gandhar Oil products are used as ingredients by leading Indian and global companies for the manufacture of end products for the consumer, healthcare, automotive, industrial, power, and tyre, and rubber sectors. As of June 30, 2022, their products were sold in over 100 countries across the globe. They catered to over 3,500 customers in the Financial Year 2022, including leading Indian and global companies such as Procter & Gamble (“P&G”), Unilever, Marico, Dabur, Encube, Patanjali Ayurved, Bajaj Consumer Care, Emami and Amrutanjan Healthcare, supported by our global supplier base and manufacturing operations in India and UAE.


IPOWatch View

We recommend investors may apply an IPO with Short-term and Long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Gandhar Oil IPO Subscription Status – Day 3

CategoryIPO Subscription Numbers
QIB129.06
NII64.34
bNII61.93
sNII69.17
RII29.93
Total65.62


Gandhar Oil IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Gandhar Oil IPO Review

  • May Apply

Gandhar Oil IPO Form

How to apply for the Gandhar Oil IPO? You can apply for Gandhar Oil IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Gandhar Oil IPO in the Invest section. The other option is you can apply for Gandhar Oil IPO via IPO forms downloaded via BSE and NSE. Check out the Gandhar Oil forms – Click BSE Forms and NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Gandhar Oil IPO Subscription Status FAQs:


When Gandhar Oil IPO Subscription will start?

The IPO subscription starts on November 22, 2023 for NII, QIB and Retail Investors.

How to subscribe Gandhar Oil IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Gandhar Oil IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Gandhar Oil IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Gandhar Oil”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Gandhar Oil IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Gandhar Oil”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Gandhar Oil IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Gandhar Oil” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is the Gandhar Oil IPO Allotment Date?

Gandhar Oil IPO allotment date is November 30, 2023.

What is the Gandhar Oil IPO Listing Date?

Gandhar Oil IPO listing date is December 5, 2023. The IPO is to list on BSE and NSE.

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