Godavari Biorefineries already exports to over 20 countries and has consistently looked to diversify its portfolio.
The ethanol and bio-based chemicals manufacturer raised ₹554.75 crore through its public offering
A minimum of 42 shares and their multiples are available for investors to apply for.
The IPO includes a fresh issue of ₹325 Crore and an offer-for-sale of 6.52 million shares.
Of the 31,45,977 shares set aside for qualified institutional buyers (QIBs), they had only placed bids for 8,526 shares.
The IPO comprises a fresh equity issue worth ₹325 Crore and an Offer for Sale (OFS) of 65.27 lakh shares, valued at ₹230 Crore, leading to a total IPO size of ₹555 Crore.
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