The details about the Gandhar Oil Refinery India Limited IPO is as:
- The issue size of the IPO is 500.69 Cr.
- The price band for Gandhar Oil Refinery India Limited IPO is Rs 160 to Rs 169.
- The shares of Gandhar Oil Refinery India Limited IPO will list on 30th November 2023.
- The latest tentative GMP of Gandhar Oil Refinery India Limited IPO is Rs 80.
- The shares of Gandhar Oil Refinery India Limited IPO is subscribed 65.63 Times as of 24th November 2023.
Gandhar Oil Refinery India Limited IPO Valuation
The approx valuation of Gandhar Oil Refinery India Limited IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 169 |
| Existing Shares (Qty) |
8.00 Cr |
| Fresh Issue |
302 Cr |
| Market Cap |
1654 Cr |
| EPS (FY22) |
Rs 13.58 |
| PE Ratio |
12.44x |
| Industry PE |
27.63x |
Gandhar Oil Refinery India Limited IPO Issue Size
Gandhar Oil Refinery India Limited IPO issue size is 500.69 Cr.
| Issue |
Amount |
| Fresh Issue |
302 Cr |
| Offer For Sale |
198.69 Cr |
Gandhar Oil Refinery India Limited IPO Market Lot
An Individual can apply for a minimum 1 lot of 88 shares and a maximum of 13 lots of 1144 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
88 |
14,872 |
| Maximum |
13 |
1144 |
1,93,336 |
Gandhar Oil Refinery India Limited IPO share offer
The shares of Gandhar Oil Refinery India Limited IPO is subscribed 65.63 Times as of 24th November 2023. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscribed |
| Qualified Institutional |
Maximum 50% |
129.06 Times |
| Non-Institutional |
Minimum 15% |
64.34 Times |
| Retail Individual |
Minimum 35% |
29.93 Times |
| Total |
|
65.63 Times |
Find below the dates for Gandhar Oil Refinery India Limited IPO:
| Schedule |
Date |
| Basis of Allotment |
28 November 2023 |
| Refunds |
29 November 2023 |
| Credit to Demat Account |
29 November 2023 |
| IPO Listing Date |
30 November 2023 |
Gandhar Oil Refinery India Limited IPO allotment is out. Check the allotment of Gandhar Oil Refinery India Limited IPO by clicking on the button below.
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