Gandhar Oil Refinery IPO Subscription Details

Bookbuilding IPO | ₹501 Cr | Listed at BSE, NSE | Wed, Nov 22, 2023 - Fri, Nov 24, 2023

Basis of Allotment - Gandhar Oil Refinery IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)59,25,34788,88,0181,48,13,36514,81,33729,62,67344,44,0101,03,69,3572,96,26,732
Allotment price (Rs.)169169169169169169169169
No.of applications1151613177,69727,1861,04,88326,04,37927,09,393
No.of shares applied76,21,27,69698,50,80877,19,78,50410,38,98,87218,49,05,86428,88,04,73630,16,20,0001,36,24,03,240
Amount collected (Rs.cr.)12,879.96 166.48 13,046.44 1,755.89 3,124.91 4,880.80 5,097.38 23,024.61
No.of times subscribed128.621.1152.1170.1462.4164.9929.0945.99
No.of shares allotted59,25,34788,88,0181,48,13,36514,81,33729,62,67344,44,0101,03,69,3572,96,26,732
Amount (Rs.cr.)100.14 150.21 250.35 25.03 50.07 75.10 175.24 500.69
No.of allottees115161311,2022,4043,6061,17,8331,21,570

IPO Shares Offered

Gandhar Oil Refinery IPO is a public issue of 2.96 Cr equity shares. The issue offers 1.04 Cr shares to retail investors, 1.48 Cr shares to qualified institutional buyers, and 0.44 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,48,13,365250.35 50.00%
    Anchor 88,88,018 150.21 30.00%
    QIB (Ex Anchor) 59,25,347 100.14 20.00%
NII 44,44,01075.10 15.00%
    bNII (> ₹10L)29,62,67350.07 10.00%
    sNII (< ₹10L)14,81,33725.03 5.00%
Retail1,03,69,357175.24 35.00%
Total2,96,26,732500.69 100%

Gandhar Oil Refinery IPO Anchor Investor Allocation

A total of 88,88,018 shares at a price of Rs 169 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 21, 2023
Anchor investor price₹169.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days44,44,009
No. of shares locked-in for 90 days44,44,009

IPO Subscription FAQs

The Gandhar Oil Refinery IPO is subscribed 65.63 times by Nov 24, 2023 19:02.

Gandhar Oil Refinery IPO Subscription

Investor Category Subscription (times)
Qualified Institutional129.06
Non Institutional64.34
Retail Individual29.93
Total Subscription65.63

Retail category of Gandhar Oil Refinery IPO subscribed 29.93 times as of date Nov 24, 2023 19:02. The public issue closes on Fri, Nov 24, 2023 for bidding.

An investor can apply in Gandhar Oil Refinery IPO online via bank (using ASBA) or the broker (using UPI). The Gandhar Oil Refinery IPO shares are offered online only.

The Gandhar Oil Refinery IPO is subscribed 65.63 times by Nov 24, 2023 19:02.

The Gandhar Oil Refinery IPO allotment status is expected on or around Tuesday, November 28, 2023. Visit Gandhar Oil Refinery IPO allotment status to check.

The Gandhar Oil Refinery IPO listing date is November 30, 2023. The equity share of Gandhar Oil Refinery IPO will list on BSE, NSE.

Visit Gandhar Oil Refinery IPO subscription status page for real-time bidding information about Gandhar Oil Refinery IPO.

Gandhar Oil Refinery IPO Timetable

IPO opens OnWednesday, November 22, 2023
IPO Closes OnFriday, November 24, 2023
Finalisation of Basis of AllotmentTuesday, November 28, 2023
Initiation of RefundsWednesday, November 29, 2023
Credit of Shares to Demat AccountWednesday, November 29, 2023
IPO Listing DateThursday, November 30, 2023
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