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Godavari Biorefineries Ltd

Godavari Biorefineries Ltd

    Registered Office : Somaiya Bhavan 45/47 M G Road,Fort,Mumbai Maharashtra 400001 Phone : +91 22 6170 2177
    Fax :

    Email : investors@somaiya.com

    Website : www.godavaribiorefineries.com

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-2024

25-Oct-2024

Money Payable On

Application

Allotment

352.00

0.00

Minimum Application for shares in Nos : 42.0 Further Multiples of : 42.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

303.61

554.75

51.18

352.00

Equirus Capital Pvt Ltd

SBI Capital Markets Ltd

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
  • MUFG Intime India Pvt Ltd