₹ 14872 / 88 shares
22 Nov - 24 Nov'23
160 - 169
₹ 500.69 Cr
160 - 169
Retail Gain/Listing Gain
Gandhar Oil Refinery (India) Limited holds a prominent position as a top revenue-generating producer of white oils. The company's strategic emphasis is on the consumer and healthcare sectors, (Source: CRISIL Report). As of June 30, 2023, the product portfolio comprises over 440 items, primarily spanning the personal care, healthcare, and Performance Oils (PHPO), as well as the Lubricants and Process and Insulating Oils (PIO) divisions, all under the renowned "Divyol" brand.
The company’s products are used as ingredients by leading Indian and global companies for the manufacture of end products for the consumer, healthcare, automotive, industrial, power and tyre and rubber sectors.
In FY23, the company is also India’s largest manufacturer of 204 white oils by revenue, including domestic and overseas sales, and is one of the top five players globally in terms of market share in the calendar year 2022 (Source: CRISIL Report).
With that, let's take a look at the competitive strengths and risk factors for Gandhar Oil Refinery (India) Limited:
Here are the key financials for Gandhar Oil Refinery (India) Limited:
Particulars (in Rs. million)
How to apply for IPO through ASBA
The Gandhar Oil Refinery (India) Limited IPO has an issue size of Rs. 500.69 crores. The IPO opens for subscription on 22nd November and closes on 24th November 2023.
Link Intime India Private Limited is the registrar for this IPO.