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IPO Synopsis

Godavari Biorefineries Ltd
Initial public offering of 15,759,937 equity shares of face value of Rs. 10 each ("Equity Shares") of Godavari Biorefineries Limited ("The Company" or the "Issuer") for cash at a price of Rs. 352 per equity share (including a premium of Rs. 342 per equity share) (the "Offer Price") aggregating to Rs. 554.75 crores (the "Offer"). The offer comprises of a fresh issue of 9,232,954 equity shares aggregating to Rs. 325.00 crores (the "Fresh Issue") and an offer for sale of 6,526,983 equity shares aggregating to Rs. 229.75 crores (the "Offer for Sale"), consisting of 500,000 equity shares aggregating to Rs. 17.60 crores by Samir Shantilal Somaiya, 500,000 equity shares aggregating to Rs. 17.60 crores by Somaiya Agencies Private Limited and 200,000 equity shares aggregating to Rs. 7.04 crores by Lakshmiwadi Mines and Minerals Private Limited (the "Promoter Selling Shareholders"), 4,926,983 equity shares aggregating to Rs. 173.43 crores by Mandala Capital AG Limited (the "Investor Selling Shareholder"), 300,000 equity shares aggregating to Rs. 10.56 crores by Filmedia Communication Systems Private Limited and 100,000 equity shares aggregating to Rs. 3.52 crores by Somaiya Properties and Investments Private Limited (the "Promoter Group Selling Shareholders", and together with the promoter selling shareholders and the investor selling shareholder, the "Selling Shareholders"). The offer constituted 30.80% of its post-offer paid-up equity share capital, respectively. The face value of the equity shares is Rs. 10 each and the offer price is 35.20 times the face value of equity share.
Issue
Opens On Closes On
23-Oct-24 25-Oct-24
Money Payable On
Application Allotment
352.00 0.00
Minimum Application for shares in Nos : 42 Further Multiples of : 42
Cr Lead Managers to the Issue
Project Cost (.Cr) 303.61 Equirus Capital Pvt Ltd
Project Financed through Current Offer (.Cr) 554.75  
Post Issue Equity Share Capital (.Cr) 51.18
Issue Price () 352.00
Projects
Repayment/pre-payment in full or in part of cerain borrowings availed by the company
General corporate purposes
Promoted By
Samir Shantilal Somaiya
Lakshmiwadi Mines and Minerals
Sakarwadi Trading Company Pvt
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd