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Open
8 May 2008
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Close
13 May 2008
3
Allotment
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Listing
Wed, Jun 4, 2008
Price Band
₹175 to ₹195
Issue Size
71,58,392 shares (agg. up to ₹140 Cr)
Lot Size
35 Shares
Listing Date
Wed, Jun 4, 2008
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 3.97x |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Setting up of a new 1500 TPD Soyabean processing plant near Gandhidham, Gujarat | 51.10 |
| 2 | Expansion of existing edible oil refinery at Surat from 100 TPD to 400 TPD | 12.31 |
| 3 | Further investment in the wholly owned subsidiary in Singapore | 25.00 |
| 4 | Funding part of the long term working capital | 60.70 |
| 5 | Brand building activities | 15.00 |
| 6 | Investment in increasing warehousing capacities and continuous Capex for existing units | 10.02 |
| 7 | General corporate purposes | 9.96 |
| 8 | Public Issue Expenses | 8.76 |
About Gokul Refoils IPO
Incorporated in 1992, Gokul Refoils and Solvent Limited is engaged in the business of Solvent Extraction, refining of Edible oils and Vanaspati manufacturing. The business of refining vegetable oils including seed procurement, processing, solvent extraction and marketing of edible oils. The major edible oils processed in the plant are Soybean Oil, Sunflower Oil, Palm Oil, Mustard Oil, Groundnut Oil and Vanaspati.Company has 680 TPD of seed processing, 600 TPD of Solvent Extraction, 1200 TPD of refining and 200 TPD of Vanaspati manufacturing. The units are situated at Sidhpur (Sidhpur unit, North Gujarat), Anjar (Gandhidham unit, Kutch), Navi Pardi (Surat unit, South Gujarat), Kutch (Wind mills). Company setup Solvent Extraction plant and an oil refinery at Sidhpur, Refinery of 800 TPD and Vanaspati plant of 100 TPD at Kutch, Four environment friendly wind mills of 1.25 MW each in Kutch, 100 TPD operational refinery in Surat and co-generation power plant of 500 KWH at our Gandhidham unit. Towards expanding the scale of operations company setup two wholly owned subsidiaries in Mauritius and Singapore.The Company is in the following lines of business:Seed processing and Solvent Extrac
Contact Details
Gokul Refoils & Solvent Ltd. AddressState HighwayNo.41, Near Sujanpur PatiaSiddhpur, Gujarat, 384151+91-276-7222075gokulipo@gokuloil.comVisit Website