✓
Open
22 Nov 2023
✓
Close
24 Nov 2023
3
Allotment
—
✓
Listing
Thu, Nov 30, 2023
Price Band
₹160 to ₹169
Issue Size
2,96,26,732 shares (agg. up to ₹501 Cr)
Lot Size
88 Shares
Listing Date
Thu, Nov 30, 2023
Latest GMP
₹73
Est. Gain
43.2%
✦ AI Insight
GMP Trend
30-11-2023₹73Est. ₹242+43.2%
29-11-2023₹73Est. ₹242+43.2%
28-11-2023₹65Est. ₹234+38.46%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 45.99x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 1,795.57 | 1,613.44 | 1,318.21 | 1,097.70 |
| Total Income | 1,071.52 | 4,101.79 | 3,397.98 | 2,069.58 |
| Profit After Tax | 54.28 | 213.18 | 184.30 | 161.14 |
| NET Worth | 810.79 | 760.21 | 560.71 | 375.76 |
| Reserves and Surplus | 763.99 | 719.19 | 529.07 | 355.68 |
| Total Borrowing | 335.62 | 169.53 | 158.16 | 176.78 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Arabian Petroleum Ltd. | SME | ₹20.24 Cr | ₹70 | 11.51 | ₹76.25 | +8.93% | ₹86.25 |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Investment into Texol by way of a loan for financing the repayment/pre-payment of a loan facility availed by Texol from the Bank of Baroda | 22.71 |
| 2 | Capital expenditure through purchase of equipment and civil work required for expansion in capacity of automotive oil at our Silvassa Plant | 27.73 |
| 3 | Funding working capital requirements of our Company | 185.01 |
| 4 | General corporate purposes | 27.65 |
About Gandhar Oil Refinery IPO
Updated on Aug 5, 2026
Contact Details
Gandhar Oil Refinery (India) Ltd. Address18th floor, DLH ParkS.V.RoadGoregaon (West)Mumbai, Maharashtra, 400062+91 22 4063 5600investor@gandharoil.comVisit Website