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Gandhar Oil Refinery (India) Limited IPO Share Price

Gandhar Oil Refinery India IPO Details

IPO Date: November 22, 2023
Listing Date: [.]
Face Value: ₹2 per share
Price Band: ₹160 to ₹169 per share
Lot Size: 88 Shares
Total Issue Size: aggregating up to ₹500.69 Cr
Fresh Issue: aggregating up to ₹302.00 Cr
Offer for Sale: aggregating up to ₹198.69 Cr
Issue Type: aggregating up to Book Built Issue IPO
Listing At: aggregating up to BSE, NSE
Share holding pre issue: aggregating up to 80,000,000 Cr

Gandhar Oil Refinery India IPO Timeline (Tentative Schedule)

Gandhar Oil Refinery India IPO opens on November 22, 2023, and closes on November 24, 2023.

IPO Open Date: Wednesday, Nov 22, 2023
IPO Close Date: Friday, Nov 24, 2023
Basis of Allotment Date: Thursday, Nov 30, 2023
Initiation of Refunds: Friday, Dec 1, 2023
Credit of Shares to Demat Account: Monday, Dec 4, 2023
Listing Date: Tuesday, Dec 5, 2023
Cut-off time for UPI mandate confirmation: 5 PM on Nov 24, 2023

Gandhar Oil Refinery India IPO Lot Size

Investors can bid for a minimum of 88 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application: Retail (Min) Retail (Max) S-HNI (Min) S-HNI (Max) B-HNI (Min)
Lots: 1 13 14 67 68
Shares: 88 1144 1,232 5,896 5,984
Amount: ₹14,872 ₹193,336 ₹208,208 ₹996,424 ₹1,011,296