Gandhar Oil Refinery (India) Limited
22 Nov 2023 – 24 Nov 2023
LISTED
Offer Price
₹160–169
Bid lot
88
Min Application
₹14,872
Issue Size
₹501 Cr
Key dates
Open date
22 Nov 2023
Done
Close date
24 Nov 2023
Done
Basis of allotment
—
TBA
Initiation of refunds
—
TBA
Credit to demat
—
TBA
Listing date
30 Nov 2023
Today
Issue reservation
₹501 CrQIB 50%Retail 35%
QIB
1.48 Cr sh · ₹250.50 Cr
Retail
1.04 Cr sh · ₹175.35 Cr
BRLM: Nuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and ICICI Securities Limited
Lot ladder — how much to bid
1 lot = 88 sharesRetail · Up to ₹2 L1–13 lots
Min · 1 lot
88 sh · ₹14,872
Max · 13 lots
1,144 sh · ₹1,93,336
S-HNI · ₹2 L to ₹10 L14–67 lots
Min · 14 lots
1,232 sh · ₹2,08,208
Max · 67 lots
5,896 sh · ₹9,96,424
B-HNI · Above ₹10 L68+ lots
Min · 68 lots
5,984 sh · ₹10,11,296
Entry point
₹10,11,296 onward
Issue details
Lead managersNuvama Wealth Management Limited (formerly known as Edelweiss Securities Limited) and ICICI Securities Limited
Face value₹10
Listing onNSE
RegistrarLink Intime India Private Limited
Live subscription
87.80×
0×1×2×3×+
Oversubscribed
Book₹425.85 Cr
Subscribed₹37,391 Cr
Applications—
Share-wise
by category| Category | Book Size | Subscription | No. of Times |
|---|---|---|---|
| QIB | 1,48,22,485₹250.50 Cr | 1,91,21,00,565₹32,314 Cr | 129.00× |
| HNI | 44,46,746₹75.15 Cr | 27,67,20,972₹4,677 Cr | 62.23× |
| Retail | 1,03,75,740₹175.35 Cr | 30,03,77,659₹5,076 Cr | 28.95× |
| Total | 2,51,98,225₹425.85 Cr | 2,21,24,78,224₹37,391 Cr | 87.80× |
*QIB Book Size is Gross — the anchor allocation is not on this record yet.
Subscription Demand
in ₹ crore| Category | Applied |
|---|---|
| QIB | 32,314.50 |
| HNI | 4,676.58 |
| Retail | 5,076.38 |
| Total | 37,390.88 |
Amounts at the upper band (₹169). Times figures are computed from the shares this page shows so Book × Times = Subscribed always cross-checks.
Grey-market sentiment
No grey-market data yet.
Documents
RHPOpen ↗
Filed with SEBI / the exchange by the issuer. Opens on the issuer's or the regulator's site.
How to apply
1Create your account & log inSign up on Investoyard and complete a quick KYC.
2Pick the IPO & tap ApplyOpen the live IPO and choose your investor category.
3Enter bid & quantityUp to 3 bids · cut-off or price band · retail cap ₹2,00,000.
4Approve the UPI mandateYou receive a fund-block request on your UPI app.
5DoneFunds stay blocked until allotment, then auto-debited (or released).
Frequently asked questions
What is the minimum investment in the Gandhar Oil Refinery (India) Limited IPO?
One lot of 88 shares — ₹14,872 at the upper price band of ₹169.
How many bids can I place?
Up to 3 bids per application. Retail applications are capped at ₹2,00,000; above that you must apply in the HNI category.
When are the funds debited?
Funds are blocked via a UPI mandate at application and debited only on allotment. If shares are not allotted, the block is released automatically.
When will the shares list?
Tentative listing on 2023-11-30 on NSE.