Godavari Biorefineries IPO: The company announced the allotment of its Rs 554.75 crore public offer on October 28, 2024. Investors can check the status of their application online through BSE, NSE and the registrar on the website of Link Intime India. The proposed equity shares in the IPO on stock exchanges.
Godavari Biorefineries IPO Allotment:
There are three ways to check the status of your application in Godavari Biorefineries IPO on Link Intime India, BSE, and NSE.
To check the application status on Link Intime, click on the link below:
Step 1: You will be directed to the IPO allotment status page of Link Intime upon clicking the link.
Step 2: Select 'Godavari Biorefineries' in the 'Select Company' option.
Step 3: Notably, the application status can be reviewed through PAN card number, Application Number, Client ID/DP, Account Number, and Bank IFSC code. So you can feed in either of the details.
Step 4: Click SUBMIT and you will be able to review the application.
To Check the Application Status On BSE, Click On The Link Below:
As per the NSE website, to avail of this facility, the investor has to register one time by providing the PAN details. The user shall be able to view the details of the bids entered against the registered PAN number. However, first, they need to register on NSE. On registration, the investor will receive an email notification from NSE on the registered email address providing the login details.
NSE will also provide Allotment information as provided by the registrar to the issue.
Godavari Biorefineries IPO GMP Today:
As per the Investor Grain, Godavari Biorefineries IPO last GMP is ₹5, last updated Oct 28th 2024 06:32 PM. With a price band of 352.00, Godavari Biorefineries IPO's estimated listing price is ₹357 (cap price + today's GMP). The expected percentage gain/loss per share is 1.42%.
After the allotment of status, the eligible equity shares will be credited or refunded to the investors' account on October 29, 2024, while the listing will take place on October 30.
Godavari Biorefineries IPO Details:
The IPO opened on October 23 and closed on October 25. The price band is at Rs 334 to Rs 352 per share. After the final day, the IPO received a subscription of 1.87x, driven by retail and qualified institutional buyers.
The Company is one of the largest producers of Ethanol & a pioneer in the manufacture of Alcohol-based Chemicals in India. The company has an experience of over 80 years in the sugar industry and almost 60 years of experience in the bio-based chemicals industry.
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