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Gandhar Oil Refinery (India) Limited IPO Subscription Status

📅Offer Date: 22 Nov 2023 – 24 Nov 2023

Minimum investment
₹14,87288 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total64.07x
QIB129.00x
NII62.23x
Retail28.95x

Gandhar Oil Refinery (India) Limited IPO was subscribed 64.07x in total when bidding closed on 24 Nov 2023, with 129.00x in the QIB category, 62.23x in NII, 28.95x in retail. The issue ran from 22 Nov 2023 to 24 Nov 2023 at a price band of ₹160.00–₹169.00 per share.

QIB129.00xNII62.23xRetail28.95xTotal64.07x1×

Times subscribed by category against the 1× line.

29
≈ 1 in 29 retail allotment
low allotment chance

Based on retail subscription (28.95x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs59,25,34676,43,69,634129.00x
NIIs44,44,01027,65,50,74262.23x
SNIIs (<10L)14,81,3379,91,01,44566.90x
BNIIs (>10L)29,62,67317,74,34,48659.89x
Retail1,03,69,35630,01,92,85628.95x
Total2,07,38,7121,32,87,29,27864.07x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs100.1412917.85129.00x
NIIs75.104673.7162.23x
Retail175.245073.2628.95x
Total350.4822664.8164.07x

Values derived from share count × issue price (₹169.00)

What this means for allotment & listing

Because Gandhar Oil Refinery (India) Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

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