Share the post "IPO Launch: Godavari Biorefineries’s Book Building on 23-10-2024!"
An IPO, or Initial Public Offering, is the first sale of stock by a private company to the public, marking its entry into the stock market. This process helps the company raise funds for expansion and provides liquidity to existing shareholders. The IPO process includes setting a share price, marketing the offering, and complying with regulatory requirements to ensure transparency for potential investors. Godavari Biorefineries IPO of Book Building type offers an equity issue (inclusive of premium) with a face value of ₹ 10.00. The issue is live from 23 Oct 2024 to 25 Oct 2024 , with a market lot of 42 shares. This call notice includes , covering ₹10.00 towards face value and the remaining towards securities premium. This is a chance to invest in a well-established company known for its quality and innovation.
| Security Name | Godavari Biorefineries Limited |
|---|---|
| Offer Price () | 334.00 – 352.00 |
| Face Value | 10.00 |
| Type Of Issue | Book Building |
| Issue Status | Forthcoming |
| Security Type | Equity |
| Symbol | GODAVARIB |
| Issue Period | 23 Oct 2024 to 25 Oct 2024 |
| Issue Size – No. Of Shares | 1,62,57,521 |
| Price Band | 334.00-352.00 |
| Tick Size | 1.00 |
| Market Lot | 42 |
| Minimum Bid Quantity | 42 |
| Maximum Bid Quantity For Qualified Institutional Investors | 16257486 |
| Maximum Bid Quantity For Non-Institutional Investors | 8128722 |
| Book Running Lead Manager | Equirus Capital Private Limited |
| Co-Book Running Lead Manager | SBI Capital Markets Limited |
| Registrar | Link Intime India Private Limited |
| Sponsor Bank | 1) AXIS BANK2) HDFC BANK |
Godavari Biorefineries IPO opens on 23-10-2024, and closes on 25-10-2024
| Start Date | 23-10-2024 |
|---|---|
| End Date | 25-10-2024 |
| Issue Period | 23 Oct 2024 to 25 Oct 2024 |
Here are more informative data links:
- Price-Band Advertisement
- Prospectus & GID
- Blank ASBA Form
- Online ASBA Form
- Revised Online ASBA Form
- Registrars To An Issue And Share Transfer Agents/Depository Participants
- Branches Of SCSBs Where Syndicate / Sub Syndicate Member To Submit ASBA Form
- List Of SCSBs For Syndicate ASBA And Under ASBA Facility
- Self Certified Syndicate Banks Eligible As Issuer Banks For UPI
