Godavari Biorefineries Ltd. IPO

One of the largest integrated bio-refinery in India and are one of the largest producers of ethanol and a pioneer in manufacturing ethanol-based chemicals in India as per DRHP.

RHP
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DRHP
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Open Date

2024-10-23

Close Date

2024-10-25

Godavari Biorefineries Ltd. IPO Details

Check out the issue details for Godavari Biorefineries Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 352

Price Band

₹ 334 - 352

Issue Size

554.75 Cr.

Issue Type

Book Built

Open

2024-10-23

Close

2024-10-25

Listingprice

₹ 308

ListingGain

-12.50%

Listing Date

2024-10-30

CMP

₹ 294.55

Current Return

-16.32%

Godavari Biorefineries Ltd. News

Godavari Biorefin - Quaterly Results18 Nov, 10:12PM Godavari Biorefin - Quaterly Results18 Nov, 10:12PM Godavari Biorefineries coming with IPO to raise Rs 572 crore22 Oct, 12:12PM Godavari Biorefineries files IPO papers with SEBI29 Sep, 5:20PM

Company Financials

You can get the following financial statements of Godavari Biorefineries Ltd. as of now.

Exchange

NSE: GODAVARIB BSE: 544279

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Godavari Biorefineries IPO are as follows:

  • The issue size of the IPO is 554.75 Cr.
  • The price band for Godavari Biorefineries IPO is Rs 334 to Rs 352.
  • The shares of Godavari Biorefineries IPO will list on 30th October 2024.
  • The latest tentative GMP of Godavari Biorefineries IPO is Rs 15.
  • The shares of Godavari Biorefineries IPO are subscribed 1.87 Times. 

Godavari Biorefineries IPO Valuation

The approx valuation of Godavari Biorefineries IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 352
Existing Shares (Qty) 4.19 Cr
Fresh Issue 325 Cr
Market Cap 1799.88 Cr
EPS (FY24) Rs 2.93
PE Ratio 120.13x
Industry PE 35.54x

 

Godavari Biorefineries IPO Issue Size

Godavari Biorefineries IPO issue size is 554.75 Cr.

Issue Amount
Fresh Issue 325 Cr
Offer For Sale 229.75 Cr

 

Godavari Biorefineries IPO Market Lot

An individual can apply for a minimum of 1 lot of 42 shares and a maximum of 13 lots of 546 shares. Find the details below:

Application Lot Shares Amount
Minimum 1 42 Rs 14,784
Maximum 13 546 Rs 1,92,192

 

Godavari Biorefineries IPO Share Offer

The shares of Godavari Biorefineries IPO are subscribed 1.87 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Maximum 50%
Non-Institutional Minimum 15%
Retail Individual Minimum 35%

 

Godavari Biorefineries IPO GMP (Grey Market Premium)

As on GMP (Tentative)
26 October 2024 Rs 15

Godavari Biorefineries IPO GMP is purely for informational purposes and invest in an IPO after thoroughly researching on your own.

 

Find below the dates for Godavari Biorefineries IPO:

Schedule Date
Basis of Allotment 28 October 2024
Refunds 29 October 2024
Credit to Demat Account 29 October 2024
IPO Listing Date 30 October 2024

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1448.78 1526.26 1690.8 2000.28 1675.46
Total Expenditure 1347.17 1371.61 1561.02 1862.24 1543.79
Operating Profit 101.61 154.65 129.78 138.04 131.67
Other Income 12.73 7.11 6.87 7.53 13.81
Interest 68 71.64 60.03 72.53 75.51
Depreciation 44.68 46.73 47.5 49.58 59.63
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.65 43.39 29.12 23.45 10.34
Provision for Tax -0.88 18.83 12.79 11.45 -0.22
Net Profit 2.53 24.56 16.33 12 10.56
Adjusted EPS (Rs.) 0.06 0.59 0.39 0.29 0.25

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 41.94 41.94 41.94 41.94 41.94
Total Reserves 392.03 416.12 432.33 442.45 452.44
Borrowings 123.18 332.49 325.09 460.19 355.48
Other N/C liabilities -2.33 5.5 13.99 25.51 25.81
Current liabilities 866.15 643.76 920.67 770.74 1111.81
Total Liabilities 1420.97 1439.8 1734.02 1740.83 1987.47
Assets
Net Block 732.87 706.1 665.74 865.66 849.32
Capital WIP 16.69 4.61 43.72 8.36 16.72
Intangible WIP 0 4.04 6.63 8.68 12.42
Investments 13.94 14.02 14.04 16.04 16.04
Loans & Advances 25.38 12.51 9.49 17.46 16.19
Other N/C Assets 0 20.07 18.01 19.26 22.54
Current Assets 632.1 678.46 976.4 805.36 1054.25
Total Assets 1420.97 1439.8 1734.02 1740.83 1987.47
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2024
Other Income 0.93
Profit Before Tax -65.57
Tax 10.89
Profit After Tax -76.46
Adjusted EPS (Rs) -18.23

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 1.65 43.39 29.12 23.45 10.34
Adjustment 98.37 119.22 99.25 117.62 119.22
Changes in Assets & Liabilities 139.75 -33.53 -86.96 45.19 68.46
Tax Paid -0.23 -0.27 -0.98 -1.65 -1.65
Operating Cash Flow 239.54 128.82 40.43 184.61 196.37
Investing Cash Flow -27.81 -8.49 -46.53 -216.91 -45.13
Financing Cash Flow -211.33 -119.89 6.93 31.39 -150.66
Net Cash Flow 0.4 0.44 0.84 -0.91 0.57
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