Gandhar Oil Refinery (India) Ltd. IPO IPO Details

Incorporated on October 7, 1992, GORIL stands as a revenue-leading manufacturer of white oils, with an expanding focus on consumer and healthcare sectors. As of June 30, 2023, their diverse product suite encompasses over 440 items including personal care, healthcare, performance oils ("PHPO"), lubricants, and process and insulating oils ("PIO") divisions, all under the distinguished "Divyol" brand.
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Gandhar Oil Refinery (India) Ltd. IPO Strengths

  • Leading market share of the Indian white oils market with significant overseas sales, focused on the consumer and healthcare end-industries.
  • Extensive and diversified customer base and a supplier base comprised of leading oil companies with competitive pricing terms.
  • Strategically located manufacturing facilities and in-house R&D capabilities.
  • Resilient, flexible and scalable business model with prudent risk management framework.
  • Track record of consistent financial performance.

Gandhar Oil Refinery (India) Ltd. IPO Weaknesses

  • Exchange rate fluctuations in various currencies in which they do business could negatively impact the business
  • Struggling to handle business growth or follow the plan can hurt the business
  • Late deliveries, sudden price changes, or reduction in the supply of raw materials can hurt the business
  • Rely on a few suppliers for a significant share of raw materials without long-term contracts
  • Significant working capital requirements

Gandhar Oil Refinery (India) Ltd. IPO Revenue & Profit

Revenue
Profit
Loss
All value in ₹ Thousand cr.

1.513

2.064

3.389

4.079

10

8

6

4

2

0

2020
2021
2022
2023

Gandhar Oil Refinery (India) Ltd. IPO IPO Dates

Open Date22 November , 2023
Close Date24 November , 2023
Allotment Date30 November , 2023
Initiation of RefundsTo be announced
Credit of Shares to Demat Account4th December , 2023
Listing Date20th November , 2023

Gandhar Oil Refinery (India) Ltd. IPO IPO Lot Size

Minimum Lot Size88
Maximum Lot SizeTo be announced

Seize the Opportunity! Apply for Gandhar Oil Refinery (India) Ltd. IPO

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Gandhar Oil Refinery (India) Ltd. IPO Subscription Breakup

QIBsTo be announced
Non-Institutional InvestorsTo be announced
Retail InvestorsTo be announced

How to Apply for Gandhar Oil Refinery (India) Ltd. IPO?

Step 1

First, you need to visit the IPO section on our website.

Step 2

Then, click on the 'IPO Listing' option to view the IPO.

Step 3

Open the Gandhar Oil Refinery (India) Ltd. IPO by tapping on it.

Step 4

You will see an option to subscribe that you need to click on.

Step 5

Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.

Step 6

Next, verify your details and select the 'Subscribe' option to complete the bidding.

You have completed your bidding for the Gandhar Oil Refinery (India) Ltd. IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.

Gandhar Oil Refinery (India) Ltd. IPO IPO FAQs