Godavari Biorefineries IPO GMP, Kostak Rates, Subject to Sauda

Keep updated with latest Godavari Biorefineries IPO GMP (Grey Market Premium), kostak rates, and subject to sauda rates. Godavari Biorefineries IPO GMP for today is NA per share against the issue price of NA per share. This implies Godavari Biorefineries IPO expected listing price of NA per share based on the current GMP.

In the last few days, Godavari Biorefineries IPO grey premium has been quite stable at NA per share. The latest IPO GMP trends are indicative of high chances of a positive listing for Godavari Biorefineries IPO.

Godavari Biorefineries IPO GMP Daily Trend

The company is the largest integrated bio-refinery in India and is one of the largest producers of ethanol and a pioneer in manufacturing ethanol-based chemicals in India. It is also the largest manufacturer of MPO worldwide, one of only two manufacturers of natural 1,3 butylene glycol globally, the fourth largest manufacturer of ethyl acetate in India and the only company in India to produces bio ethyl acetate. The company is one of the largest producers of ethanol in India, having an installed capacity of 380 KLPD as at June 30 2021, and manufactures various grades of ethanol including fuel ethanol, pharma grade ethanol and extra neutral alcohol.

Its among the first few companies in India to utilize sugarcane juice and syrup for the production of ethanol and is a pioneer in the manufacturing of ethanol-based chemicals in India.

This page provides day-wise GMP movement which is helpful in deriving tentative listing price and profit/loss of the IPO. The historical premiums mentioned in the above table serve an important purpose and have a close linkage with subscription levels, especially in the QIB and HNI categories. It is typically observed that recovery in premiums is difficult after a sharp correction.

IPO Central also provides grey premium of all active, recent and forthcoming IPOs at a single place. Head to our IPO discussion page which provides a snapshot of IPO premiums.

It should be noted that IPO grey market is unregulated and is highly volatile and thus, it should not be used as the only criterion for an investment decision in an IPO. Investors need to look into other parameters including financial performance and valuations before deciding whether to invest in Godavari Biorefineries IPO or not.

Godavari Biorefineries IPO Details

Godavari Biorefineries IPO News

• Godavari Biorefineries RHP
• Godavari Biorefineries DRHP

Godavari Biorefineries IPO Timetable

This table provides important information about Godavari Biorefineries IPO. The dates are updated once the company files Red Herring Prospectus (RHP).

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