Godavari Biorefineries IPO
Ethanol/Biorefinery - Listed on 30 October 2024
Godavari Biorefineries IPO listing summary
Godavari Biorefineries (Ethanol/Biorefinery) closed its IPO window in 2024 and listed on NSE and BSE on 30 October 2024 at an upper band issue price of Rs 352, opening at Rs 308 for a listing gain of -12.5% and closing day one at Rs 343.2 (-2.5% on closing basis). The IPO was subscribed 1.83x overall - QIB 2.76x, HNI/NII 0.90x, Retail 1.70x. The total issue size was Rs 554.75 Cr (Fresh Issue Rs 325 Cr, OFS Rs 229.75 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Godavari Biorefineries IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 0 | 0.00% |
| Day 2 | Rs 0 | 0.00% |
| Day 3 | Rs 0 | 0.00% |
| Day 4 | Rs 0 | 0.00% |
| Day 5 | Rs 0 | 0.00% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Godavari Biorefineries IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Godavari Biorefineries IPO - FAQs
What was the listing gain of Godavari Biorefineries IPO?
Godavari Biorefineries IPO listed at -12.5% versus the upper issue price of Rs 352 on 30 October 2024.
How many times was Godavari Biorefineries IPO subscribed?
Godavari Biorefineries IPO was subscribed 1.83x overall. QIB portion was subscribed 2.76x, HNI / NII 0.90x and Retail 1.70x.
What was the IPO GMP for Godavari Biorefineries?
IPO GMP started at Rs 0 on Day 1 and moved to Rs 0 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.