247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Gokul Refoils and Solvent Limited IPO (Gokul Refoils and Solvent IPO) Details

Gokul Refoils and Solvent Limited is an Agro based company, located in Gujarat, Gokul Refoils and Solvent Limited IPO size was 139.59 Cr. and was issued at 195.00 per share. The share of Gokul Refoils and Solvent Limited were listed at 181.05 per share and are currently trading at 57.70 per share.

Type :
Sub Sector : Solvent Extraction Refining Of Edible Oils And Vanaspati
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
1600.02 Cr.

PAT :
26.71 Cr.

Pricing Report

Issue Price :
195.00

Listing Price :
181.05

Current Market Price :
57.70

Issue Price vs CMP :
137.3 (70.41%)

listing Price vs CMP :
123.35 (68.13%)

Performance Report (CAGR* wise)

CAGR : -7.06
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Gokul Refoils and Solvent

Company Information
Gokul Refoils and Solvent Limited is primarily engaged in the business of solvent extraction, refining of edible oils, and vanaspati manufacturing. Currently, their company has 680 TPD of seed processing, 600 TPD of solvent extraction, 1200 TPD of refining, and 200 TPD of vanaspati manufacturing. The units are situated at:

Sidhpur (Sidhpur unit, North Gujarat)
Anjar (Gandhidham unit, Kutch)
Navi Pardi (Surat unit, South Gujarat)
Kutch (Wind mills)
The company operates in the following lines of business:

Seed processing and solvent extraction:
Oil cake
Solvent extracted oil
De-oiled cake
Refining of crude edible oil to produce:
Mustard oil
Soyabean oil
Sunflower oil
Groundnut oil
Cottonseed oil
Palm oil
Hydrogenation of oil to produce:
Vanaspati ghee
Captive power generation plant
Object of Issue
  • Setting up a new 00 TPD Soyabean processing plant near Gandhidham, Gujarat
  • Expansion of their existing edible oil refinery at Surat, Gujarat
  • Investment in their wholly owned Singapore subsidiary
  • Funding part of their long term working capital
  • Brand building activities
  • Investment in increasing warehousing capacities and continuous Capex for exising units
  • To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges
  • General corporate purposes

Gokul Refoils and Solvent MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jun, 2008
IPO Size :
139.59 Cr.
PE Multiple :
12.52
Merchant Banker :
Intensive Fiscal Services Private Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Gokul Refoils and Solvent operates in Agro and Solvent Extraction Refining Of Edible Oils And Vanaspati. The Issue is listed on MainBoard in Jun, 2008. Gokul Refoils and Solvent IPO size was 139.59 Cr. with Issue price of 195.00 .

Merchant Banker(s) of Gokul Refoils and Solvent IPO: Intensive Fiscal Services Private Limited , Anand Rathi Securities Limited

Gokul Refoils and Solvent IPO subscription was 0.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Gokul Refoils and Solvent IPO listed at a listing price of 181.05 against the offer price of 195.00.

The current market price of Gokul Refoils and Solvent is 57.70.

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