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.

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IPO Details

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

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Company Financials

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

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Godavari Biorefineries Valuation

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

Particulars Value
Upper Price Band Not issued
Existing Shares (Qty) 4.19 Cr
Fresh Issue (Amount) 370 Cr
EPS (FY21) Rs 6.47 
Industry PE No peers

 

Godavari Biorefineries IPO Issue Size

Godavari Biorefineries IPO issue size is not disclosed. 

Issue Amount
Fresh Issue 370 Cr
Offer For Sale (Qty) 65.58 Lakh shares

 

Godavari Biorefineries IPO share offer

The category-wise shares offered are as follows:

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

 

 

Allotment Details

The company has not issued its dates for the IPO as of now. Kindly check this space later on.

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 1542.27 1448.78 1526.26 1690.8 2000.28
Total Expenditure 1414.03 1347.17 1371.61 1561.02 1862.24
Operating Profit 128.24 101.61 154.65 129.78 138.04
Other Income 13.03 12.73 7.11 6.87 7.53
Interest 88.92 68 71.64 60.03 72.53
Depreciation 49.61 44.68 46.73 47.5 49.58
Exceptional Items 0 0 0 0 0
Profit Before Tax 2.74 1.65 43.39 29.12 23.45
Provision for Tax 0.56 -0.88 18.83 12.79 11.45
Net Profit 2.18 2.53 24.56 16.33 12
Adjusted EPS (Rs.) 0.06 0.06 0.59 0.39 0.29

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 38.38 41.94 41.94 41.94 41.94
Total Reserves 328.74 392.03 416.12 432.33 442.45
Borrowings 134.88 123.18 332.49 325.09 456.04
Other N/C liabilities -7.56 -2.33 5.5 13.99 25.4
Current liabilities 1132.38 866.15 643.76 920.67 774.56
Total Liabilities 1626.83 1420.97 1439.8 1734.02 1740.4
Assets
Net Block 692.31 732.87 706.1 665.74 865.66
Capital WIP 67.4 16.69 4.61 43.72 8.36
Intangible WIP 0 0 4.04 6.63 8.68
Investments 13.87 13.94 14.02 14.04 16.04
Loans & Advances 19.27 25.38 12.51 9.49 7.81
Other N/C Assets 0 0 20.07 18.01 19.26
Current Assets 833.98 632.1 678.46 976.4 814.58
Total Assets 1626.83 1420.97 1439.8 1734.02 1740.4
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 2.74 1.65 43.39 29.12 23.45
Adjustment 129.33 98.37 119.22 99.25 117.62
Changes in Assets & Liabilities 154.13 139.75 -33.53 -86.96 45.19
Tax Paid -0.26 -0.23 -0.27 -0.98 -1.65
Operating Cash Flow 285.95 239.54 128.82 40.43 184.61
Investing Cash Flow -53.85 -27.81 -8.49 -46.53 -216.91
Financing Cash Flow -233.9 -211.33 -119.89 6.93 31.39
Net Cash Flow -1.81 0.4 0.44 0.84 -0.91
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