Is Godavari Biorefineries Worth Investing at ₹1800 Cr Valuation? | Godavari Biorefineries IPO Review

Godavari Biorefineries IPO opens for subscription on October 23, 2024 and closes on October 25, 2024. Should you subscribe to Godavari Biorefineries IPO? In this Godavari Biorefineries IPO review video we will answer this question for you. This Godavari Biorefineries IPO analysis covers important points like company's financials, brand and reach, valuation and more! Subscribe for more IPO review videos like this!

About Godavari Biorefineries Limited:

Godavari Biorefineries, a leading player in the Indian ethanol industry, operates an integrated biorefinery with a capacity of 570 KLPD for ethanol production. The company's diverse product portfolio includes bio-based chemicals, sugar, rectified spirits, ethanol, and power, serving various industries such as agrochemicals, cosmetics, pharmaceuticals, and beverages. With a focus on research and development, Godavari Biorefineries has developed several patented products through collaborations. The company's commitment to sustainability and innovation has positioned it as a key player in the global biorefining market.

Additional Godavari Biorefineries IPO Details:

Godavari Biorefineries IPO price band is set at ₹334 to ₹352 per share. The minimum lot size for an application is 42 Shares. The minimum amount of investment required by retail investors is ₹14,784. The minimum lot size investment for sNII is 14 lots (588 shares), amounting to ₹206,976, and for bNII, it is 68 lots (2,856 shares), amounting to ₹1,005,312.

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