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Gandhar Oil Refinery India Limited
Company websiteThe company Gandhar Oil Refinery India Limited has filed papers to raise ₹2,96,26,732 crore through a public issue. The offering includes a fresh tranche of ₹1,78,69,822 crore and OFS of ₹1,17,56,910 crore.
Investors may apply between 22-11-2023 and 24-11-2023. Expected allotment is on 29-11-2023 and listing is aimed for 30-11-2023. This is a standard structure — fresh capital for growth, OFS for seller liquidity.
Start Date22-11-2023
End Date24-11-2023
Listing Date30-11-2023
Allotment Date29-11-2023
Current Price₹298
GMP₹85 (50.30%)
Lot Size88 Shares
Subscription64.07 Times
Face Value₹2 Per Share
Listing atNSE, BSE
Issue Price₹160 - ₹169
Pre Issue₹8,00,00,000
Post Issue₹0
Issue Size₹2,96,26,732
(aggregating up to 500.69 Cr)
(aggregating up to 500.69 Cr)
Fresh Issue₹1,78,69,822
(aggregating up to 302.00 Cr)
(aggregating up to 302.00 Cr)
Offer For Sale₹1,17,56,910
(aggregating up to 198.69 Cr)
(aggregating up to 198.69 Cr)
The Grey Market Premium (GMP) for Gandhar Oil Refinery India Limited is currently around ₹85 (50.30%). This indicates an estimated listing price of approximately ₹245 based on the latest market sentiment. Please note that GMP values are unofficial and can change frequently as they depend on demand, market conditions, and investor activity.
Gmp Details
| Last Updated | IPO Price | GMP | Estimated Listing Price |
|---|---|---|---|
05 Nov 2025, 06:10 | ₹169 | ₹85 | ₹254 (50.30%) |
17 Mar 2025, 07:21 | ₹169 | ₹85 | ₹254 (50.30%) |
Financials overview in ₹ Crore
Here is a quick look at the recent financial performance of Gandhar Oil Refinery India Limited . The numbers below ( in ₹ Crore ) show how the company’s revenue and profits have changed over the last few years. This helps investors understand how strongly the business is growing and how stable its financial health is before applying for the IPO.
Key Performance
| KPI | Values |
|---|---|
EPS | 23.77 |
ROE | 32.28 |
ROCE | 41.19 |
RONW | 32.28 |
PRE IPO(PE) | 0 |
POST IPO(PE) | 6.16 |
Subscription Demand (in ₹ Crore)
| Category | Offered | Demand | Times |
|---|---|---|---|
QIBs | ₹100.18 | 12923.65 | 129.00 |
RETAIL | ₹181.19 | 5244.96 | 28.95 |
HNIs 2+ | ₹25.88 | 1731.74 | 66.91 |
HNIs 10+ | ₹51.77 | 3100.54 | 59.89 |
Total | ₹359.02 | 23000.89 | 64.07 |
Application Wise Breakup (Approx. no of Apps)
| Category | Reserved | Applied | Times |
|---|---|---|---|
Total | 0 | 0 | 0.00 |
The IPO reservation for Gandhar Oil Refinery India Limited shows how the total issue is divided among different investor categories. This includes allocations for Retail Investors, Qualified Institutional Buyers (QIBs), and Non-Institutional Investors (NIIs). Understanding the reservation structure helps investors know how much of the issue is set aside for their category before applying.
IPO Reservation
| Category | Shares Offers | No. of Shares |
|---|---|---|
QIB | 50.00% | 1,48,13,365 |
NII (HNI) | 15.00% | 44,44,010 |
RETAIL | 35.00% | 1,03,69,357 |
TOTAL | 100.00% | 2,96,26,732 |
Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
Retail (Min) | 1 | 88 | ₹14,872 | |
sHNI | 14 | 1,232 | ₹2,08,208 | |
bHNI | 68 | 5,984 | ₹10,11,296 |
Below you can find the official contact details of Gandhar Oil Refinery India Limited along with the registrar handling the IPO process. This information helps investors reach out for queries related to the company or for checking the allotment status and application updates once the IPO process begins.
Company Details
Email: investor@gandharoil.com
Phone: +91 22 4063 5600
Website: https://gandharoil.com/
Address: 18th floor, DLH Park, S.V. Road Goregaon (W), Mumbai 400 062
IPO Registrar
Name: Link Intime India Private Limited
Phone: +91-22-4918 6270