The Godavari Biorefineries IPO minimum market lot is 42 shares with ₹14,784 application amount. The Godavari Biorefineries IPO is a Mainline IPO, and it is to be listed on BSE & NSE.
Godavari Biorefineries Limited is a major ethanol producer and a leader in manufacturing ethanol-based chemicals in India. It boasts the largest range of biobased products in the country. In Fiscal Years 2021, 2020, and 2019, the company invested ₹ 149.89 million,₹ 148.40 million, and ₹ 131.65 million in research and development expenditures. Additionally, their revenue from operations has shown consistent growth, increasing by 18.62% in 2021, 16.94% in 2022, and 22.53% in 2022. It has also planned to launch an IPO which is a combination of fresh issues of 325.00 crore and OFS has 0.65 crore shares.
IPOWatch View
We recommend that investors apply for an IPO with long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Godavari Biorefineries IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 2.76 |
| NII | 0.12 | 0.27 | 0.93 |
| bNII | 0.06 | 0.12 | 0.56 |
| sNII | 0.25 | 0.57 | 1.68 |
| RII | 0.51 | 0.99 | 1.76 |
| Total | 0.28 | 0.55 | 1.87 |
Godavari Biorefineries 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
Godavari Biorefineries IPO Review
- May Apply
- 2
Godavari Biorefineries IPO Form
How to apply for the Godavari Biorefineries IPO? You can apply for Godavari Biorefineries IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Godavari Biorefineries IPO in the Invest section. The other option is you can apply for Godavari Biorefineries IPO via IPO forms downloaded online. Check out the Godavari Biorefineries forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
