Godavari Biorefineries Limited

Lot Size
1 Lot = 42 Qty
Min Investment
₹14784
Subscription
Oversubscribed
Listing Gain
0(Points)

IPO Details

Open Date
Oct 23, 2024
Close Date
Oct 25, 2024
Allotment Date
Oct 28, 2024
Allotment Date
Oct 28, 2024
Refund Initiation
Oct 29, 2024
Demat Transfer
Oct 29, 2024
Listing Date
Oct 30, 2024
Fresh Issue
325
Offer For Sale
229.75
Issue Price
₹334 to ₹352
Face Value
₹10
Issue Type
Fresh Issue
Total Issue Size
554.75 CR
QIB + NII Quota
50 + 15%
Retail Quota
35%
Listing On
NSE & BSE
Registrar
Link Intime India Pvt Ltd
Check Allotment Status

Company Financial Rusult In Crore

PERIOD ASSET REVENUE PROFIT
30-Jun-2024 1554.62 525.27 -26.11
31-Mar-2024 1991.66 1701.06 12.30
31-Mar-2023 1743.52 2023.08 19.64
31-Mar-2022 1733.54 1709.98 19.10
DRHP DRAFT

About The Company

Godavari Biorefineries Limited incorporated in 1956 is India leader in the production of chemicals based on ethanol. The company emphasizes continuous innovation towards a sustainable future and houses one of India most sophisticated integrated biorefineries, with a 570 KLPD ethanol production capacity as of June 30, 2024.

Worldwide Leader in Bio-based Innovation: World largest manufacturer of MPO based on installed capacity as of March 31, 2024
One of only two manufacturers worldwide of natural 1,3-butanediol.
India only manufacturer of bio-ethyl acetate, giving it a niche in the market.

Diverse Product Profile: Godavari Biorefineries Limited operates on an extensive product profile. Its products include: Bio-based chemicals, Sugar, and various types of ethanol, Generation of electricity

It is used by various industries, such as:

  • Food & Beverages

  • Pharmaceuticals

  • Flavors and Fragrances

  • Personal Care & Cosmetics

  • Power and Fuel

  • Adherence to Research & Innovation


Three research and development establishments, registered with DSIR, are located at:
Sakarwadi Manufacturing Facility
Sameerwadi Manufacturing Facility
Navi Mumbai, Maharashtra

Godavari Biorefineries Limited has 52 permanent research staff, of which 8 are PhD-holding scientists. The company has so far registered 53 product and process registrations in different countries. It currently has 18 patents, as of October 2024.

International footprint & Elite Customer Base:Godavari Biorefineries Limited serves customers over 20+ countries including Australia, China, Germany, France, Italy, Japan, Kenya, United States, and others.

 

  1. Major Customers:

  2. Hershey India Pvt Ltd

  3. Hindustan Coca-Cola Beverages Pvt Ltd

  4. LANXESS India Pvt Ltd

  5. IFF Inc.

  6. Escorts Chemical Industries

  7. M/s Karnataka Chemical Industries

 

Godawari Biorefineries - Strength and Weakness

Strength

  • Leading Indian ethanol producer with 380 KLPD capacity.

  • Expanding rectified spirits and ethanol production for fuel blending.

  • Plans for second-generation ethanol and specialty chemicals production.

Weakness

  • Heavy reliance on sugarcane and molasses for production.

  • Susceptible to seasonal changes, adverse weather, and crop diseases.

  • Government ethanol policy changes could reduce revenue.

 

 

Disclaimer:-

No financial information whatsoever published anywhere, within this application, should be considered as an advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not SEBI-registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. The information in the App is based on information available as on date coupled with market perceptions. You agree with the terms and conditions to use the App.