Godavari Biorefineries IPO Allotment Status

Summary

Godavari Biorefineries IPO has closed with a moderate response from investors, achieving a final subscription of 1.87 times by 25th October 2024 at 5:19:07 PM (Day 3). The public issue witnessed varied demand across investor categories. The Qualified Institutional Buyers (QIB) category led with a subscription of 2.76 times. The Retail Investors segment showed decent interest with 1.76 times subscription.

The Non-Institutional Investors (NII) category saw mixed response with small NIIs (sNII) at 1.68 times and big NIIs (bNII) at 0.56 times, resulting in overall NII subscription of 0.93 times. The Anchor Investors portion was fully subscribed before the public issue. This response across categories resulted in 2,02,779 applications, indicating moderate market confidence in Godavari Biorefineries' offering.

How to Check Godavari Biorefineries  IPO Allotment Status:

How to Check Godavari Biorefineries  IPO Allotment Status on the Registrar's Site?

Visit the web portal of Link Intime India Private Ltd (https://linkintime.co.in/initial_offer/public-issues.html)

From the dropdown menu, select Godavari Biorefineries  IPO

Choose one of the following modes: PAN ID, Demat Account number, or Application number

Enter the information relevant to the mode you have chosen

For security purposes, fill out the captcha accurately

Click "Submit"

How to Check Godavari Biorefineries  IPO Allotment Status on BSE

Visit the BSE  (https://www.bseindia.com/investors/appli_check.aspx)

Look for the IPO Allotment Status section

Select "Godavari Biorefineries  Limited" from the dropdown menu

Enter your application number and PAN ID

Click on 'I am not a robot' and then click "Search"

How to Check IPO Allotment Status in a Bank Account:

Log into your Internet Banking: Go to your bank's website or mobile app and log in

Explore IPO Section: Locate the "IPO Services" or "Application Status" sections

Offer Required Information: Provide information like your PAN, application number, or other identifiers

Verify Allotment Status: Once you submit your information, an IPO allotment status indicating the available allocation shares should appear

Verify Status: To ensure accuracy, you can verify the status with the IPO Registrar or use other resources

How to Check IPO Allotment Status in a Demat Account:

Open Your Demat Account and Log in: Use the mobile app or website of your Depository Participant (DP)

Find IPO Section: Look for the section titled "IPO" or "Portfolio"

Verify IPO Allotment Status: Check if the allocated shares are visible in your Demat account

Verify with Registrar: If the IPO shares are inaccessible, visit the Registrar's website and enter your application data to verify allocation

Contact DP service if Needed: If there are any discrepancies or problems, contact your DP's customer service

Godavari Biorefineries IPO Timeline:

Godavari Biorefineries IPO Subscription Status

Godavari Biorefineries IPO received 1.87 times subscription with 2,02,779 applications. By 25th October 2024 at 5:19:07 PM (Day 3), the detailed subscription status was:

Subscription Day 3 (as of 5:19:07 PM)
Total Subscription: 1.87 times
QIB: 2.76 times
NII: 0.93 times 
bNII (>₹10L): 0.56 times
sNII (<₹10L): 1.68 times 
Retail investors: 1.76 times

Subscription Day 2
Total Subscription: 0.56 times
QIB: 0.00 times
NII: 0.27 times
Retail investors: 1.00 times

Subscription Day 1
Total Subscription: 0.29 times
QIB: 0.00 times
NII: 0.12 times
Retail investors: 0.52 times

Godavari Biorefineries IPO Details

Godavari Biorefineries' initial public offering (IPO) is a book built issue of ₹554.75 crores. This offering consists of a fresh issue of 0.92 crore shares aggregating to ₹325.00 crores and an offer for sale of 0.65 crore shares aggregating to ₹229.75 crores.

The bidding process for the Godavari Biorefineries IPO commenced on 23rd October 2024 and concluded on 25th October 2024. The allotment results for this IPO are anticipated to be finalised on 28th October 2024. Furthermore, the shares of Godavari Biorefineries are set to be listed on BSE and NSE, with a provisional listing date scheduled for 30th October 2024.

The Godavari Biorefineries IPO price band has been established between ₹334 and ₹352 per share. Investors must apply for a minimum lot size of 42 shares, which requires a minimum investment of ₹14,784 for retail investors. For small NIIs, the minimum investment is 14 lots (588 shares), totalling ₹206,976, and for big NIIs, it is 68 lots (2,856 shares), totalling ₹1,005,312.

Equirus Capital Private Limited and SBI Capital Markets Limited serve as the book running lead managers for the Godavari Biorefineries IPO, while Link Intime India Private Ltd is designated as the registrar for this offering.