The Gandhar Oil Refinery IPO subscription status has started on November 22, 2023, and it is also being subscribed by QIB, NII, and RII. The Gandhar Oil Refinery IPO began on 22 November 2023 and closes on 24 November 2023. Gandhar Oil Refinery IPO is preparing to raise ₹500.69 crores through its fresh issue and offer for sale, in which the fresh issue is ₹302.00 crores and the offer for sale is ₹198.69 crores, and the Gandhar Oil Refinery IPO price band is fixed ₹160 to ₹169 per share. You can check out Gandhar Oil Refinery’ IPO GMP here.
Gandhar is a leading manufacturer of white oils by revenue, engaged in producing Pharmaceutical, Health care, and performance oil (PHPO), Process Insulating Oil (PIO) and Lubricants (automotive oils and industrial oils). These products also meet national and international quality standards and are approved by India FDA, ISO Certifications, Kosher, BIS and Halal. The company product suite comprised over 440 products primarily across the personal care, healthcare and performance oils (“PHPO”).
Gandhar Oil Refinery IPO reserved shares in this IPO, 50% for QIB and 15% for NII, and 35% for the retail category have been reserved. To know the Gandhar Oil Refinery IPO Subscription Status, you can see the below-day Subscription. You can check Gandhar Oil Refinery IPO Allotment status here.
Gandhar Oil Refinery IPO Review :
| Details | Valuation |
| PAT 2023 : Issue Price : EPS 2023 : PE Ratio : ROE : RoNW : ROCE : Debt/Equity : NAV Value : Total Assets : Market Cap : Pre Holding : Post Holding : | ₹213.18 Cr ₹169 EQ 23.77 7.10x 32.28 % 32.28 % 41.19 % 0.22 ₹95.03 ₹1795.57 Cr ₹1654.00 Cr 87.50 % 64.63 % |
| Team Review : | ✔ Apply For Listing Gain& Long Term |
Gandhar Oil Refinery IPO Subscription Status {Live Update} :
The total Gandhar Oil Refinery IPO Subscription Status subscribed 64.07x times so far, with QIB subscribed 129.00x and NII subscribed 62.23x times & RII 28.95x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB : | 1.35x | 3.14x | 129.00x |
| NII : _________ bNII (above ₹10L): sNII (below ₹10L): | 7.70x ______ 5.84x 11.44x | 27.24x ______ 22.51x 36.72x | 62.23x ______ 59.89x 66.90x |
| RII : | 6.92x | 18.25x | 28.95x |
| Total : | 5.54x | 15.86x | 64.07x |
Gandhar Oil Refinery IPO Net Shares Offered:
Gandhar Oil Refinery IPO is a public issue of 29,626,730 equity shares. The issue offers 5,925,346 shares to qualified institutional buyers, 4,444,010 shares to non-institutional investors, and 10,369,356 shares to retail investors.
| Category | Net EQ Offer | Amount(in Cr) |
| Anchor : | 8,888,018 | 150.21 |
| QIB : | 5,925,346 | 100.14 |
| NII : ________________________ bNII (bids above ₹10L) : sNII (bids below ₹10L) : | 4,444,010 ______________ 2,962,673 1,481,337 | 75.10 _______ 50.07 23.03 |
| RII : | 10,369,356 | 175.24 |
| Total : | 29,626,730 | 500.69 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Gandhar Oil Refinery IPO Subscription Status FAQs :
How much was the total Gandhar Oil Refinery IPO Subscription Status?
The total Gandhar Oil Refinery IPO Subscription Status is 64.07x times Day 3.
What is the Gandhar Oil Refinery IPO retail subscription Status?
Gandhar Oil Refinery IPO Retail Subscription 28.95x times Day 3.
How much is the Gandhar Oil Refinery IPO QIB subscription Status?
The Gandhar Oil Refinery IPO QIB subscription 129.00x times Day 3.
How much did Gandhar Oil Refinery IPO NII subscribe?
Gandhar Oil Refinery IPO NII Subscription 62.23x times Day 3.
What is Gandhar Oil Refinery India IPO Investors Portion?
The investors’ portion for QIB is 50%, NII 15%, and RII 35%.
What is the Gandhar Oil Refinery India IPO Allotment Date?
Gandhar Oil Refinery India’s IPO allotment date is 30 November 2023.
What is Gandhar Oil Refinery India IPO Listing Date?
Gandhar Oil Refinery India IPO listing date is 05 December 2023. The IPO to list on NSE, BSE.
How to Apply the Gandhar Oil Refinery IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Gandhar Oil Refinery IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Gandhar Oil Refinery IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Gandhar Oil Refinery IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Gandhar Oil Refinery IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Gandhar Oil Refinery IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Gandhar Oil Refinery IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Gandhar Oil Refinery IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Gandhar Oil Refinery IPO GMP: Click Here Gandhar Oil Refinery IPO Details: Click Here Gandhar Oil Refinery IPO Allotment: Click Here Gandhar Oil Refinery IPO Listing: Click Here |
All Gandhar Oil Refinery IPO-related links are available here. If you want to know the details then click on Click Here Link.
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