Thu, Nov 30, 2023
Gandhar Oil Refinery India made a stellar debut on the bourses today, with its stock price surging over 100% in the opening minutes of trading. The stock opened at Rs 298 per share on the NSE, a premium of 76% to its issue price of Rs 169. The stock further jumped to Rs 344 levels, indicating a premium of over 103%. The company's strong IPO reception reflects investor confidence in its growth prospects and its position as a leading manufacturer of white oils.
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Mon, Nov 27, 2023
Gandhar Oil IPO allotment date: The basis of the allotment of shares is set to be finalised on November 28. Gandhar Oil Refinery shares are to be listed on the BSE and NSE, likely on November 30.
Wed, Nov 22, 2023
Gandhar Oil Refinery IPO: The Rs 500.69-crore IPO concluded today, November 24. The IPO comprises a fresh issue of equity shares worth Rs 302 crore and an Offer for Sale (OFS) of 1.17 crore by promoters and existing shareholders.
Gandhar Oil Refinery IPO: The Rs 500.69 crore IPO received bids for 2,96,40,864 shares against 2,12,43,940 shares on offer, translating into 1.40 times subscription, as per data available with the NSE till 1145 hrs.
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