Godavari Biorefineries IPO subscribed 0.27 times on day 1

Godavari Biorefineries IPO subscribed 37% on Day 2 so far. Check GMP, other details
Godavari Biorefineries' IPO has seen a tepid response, with only 37% subscription so far. Analysts express caution due to high debt and recent financial challenges despite the company's market position.
Godavari Biorefineries IPO Subscribed 34% So Far On Day 2
Godavari Biorefineries Ltd.'s Rs 554.8-crore initial public offering was subscribed 34% so far on its second day on Thursday. The IPO consists of a fresh issue of 92 lakh shares worth Rs 325 crore and an offer for sale of 65 lakh shares worth Rs 229.
Godavari Biorefineries IPO booked 46% on day 2 so far, Check the latest GMP
Godavari Biorefineries is selling its shares in the price band of Rs 334-352 apiece. Investors can apply for a minimum of 42 shares and its multiples thereafter.
Godavari Biorefineries IPO day 2: GMP, subscription status to review. Apply or not?
Meanwhile, the grey market is still neutral on Godavari Biorefineries IPO. According to stock market observers, company shares are available at par in the grey market.
Godavari Biorefineries IPO subscribed almost 50%
Of the 31,45,977 shares set aside for qualified institutional buyers (QIBs), they had only placed bids for 8,526 shares.
Godavari Biorefineries IPO: Maiden Issue Opens Today, Check Price Band And Other Details Before Subscribing
The price band of the maiden issue has been fixed in the range of Rs 334 to Rs 352 per equity share at the face value of Rs 10. The minimum lot size of the issue is 42 equity shares
Godavari Biorefineries IPO subscribed 0.27 times on day 1; check subscription status, GMP, other key details
The Godavari Biorefineries IPO will be open for subscription from October 23 to 25, with a price range of ₹ 334 to ₹ 352 per share. The IPO includes a fresh equity issue worth ₹ 325 crore and an Offer-for-Sale (OFS) of 65.27 lakh shares, amounting to ₹ 230 crore, by promoters and an investor.
Godavari Biorefineries IPO opens today: Key details, GMP, & brokerage views
Godavari Biorefineries IPO is available at a price band of Rs 334-352, and a lot size of 42 shares. Accordingly, the investors can bid for a minimum of 42 shares and multiples thereof
Godavari Biorefineries IPO: Financials, Key Risks And More, All You Need To Know
Godavari Biorefineries Ltd., one of India’s largest ethanol producers, opens its Rs 554.75 crore IPO on Oct. 23 to fund debt repayments and general corporate purposes.
Godavari Biorefineries IPO Day 1: GMP, subscription status, key dates, more. Should you subscribe or not?
Today marks the opening of the initial public offering for Godavari Biorefineries Ltd, a company specializing in ethanol and bio-based chemicals. The IPO begins today (Wednesday, October 23), and will conclude on Friday,
Godavari Biorefineries IPO opens tomorrow: Here's what GMP signals ahead of issue launch
Ethanol-based chemical manufacturer Godavari Biorefineries Ltd. will have a post-listing market capitalisation of ₹1,801 crore at the upper end of the price band.
Godavari Biorefineries IPO: Chemicals producer garners ₹166 crore from anchor investors ahead of IPO
According to the exchange filing, the company allocated 47.28 lakh equity shares to 19 funds at ₹352 per share, the upper ...
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Godavari Biorefineries IPO: Ethanol Manufacturer ₹555 Crore Public Issue To Go Live for Subcription On October 23
Godavari Biorefineries Ltd., a manufacturer of bio-based chemicals and ethanol, set a price range of Rs 334–Rs 352 per share ...