Apply This IPO

Best Margin

Zero Brokerage

24*7 Customer Support.

Fastest mobile support

---

Apply with Angel One

Apply with Zerodha

Pre-Apply with Upstox

Gandhar Oil Refinery India Limited IPO

Gadhar Oil Refinery India Limited IPO was engaged as a top player in the white oils manufacturing game, raking in the cash. Lately, they have been setting their sights on the consumer and healthcare sectors.  The "Industry Overview – Gandhar Oil Refinery India Ltd.’s positioning." As of June 30, 2023, they have got a whopping 440+ products. They fall into categories like personal care, healthcare, performance oils (PHPO), lubricants, and process and insulating oils (PIO), all proudly sporting the "Divyol" brand. Indian and global companies love using their products as ingredients. They whip up all sorts of final goodies for consumers, healthcare, cars, industries, power, and the tire and rubber scene. In the specialty oils world, the white oil market is the speedster, Their Competitive Strengths are Leading market share of the Indian white oils market with significant overseas sales, focused on the consumer and healthcare end-industries, Extensive and diversified customer base and a supplier base comprised of leading oil companies with competitive pricing terms, Strategically located manufacturing facilities and in-house R&D capabilities.

Company Promoters:

·       Mr. Ramesh Babulal Parekh, Mr. Samir Ramesh Parekh And Mr. Aslesh Ramesh Parekh

Objects of this Issue:

·  Expansion in capacity of automotive oil at the company's Silvassa Plant.
·  Expansion in the capacity of petroleum jelly and accompanying cosmetic product division at the company's Taloja Plant
·  Expansion in capacity of white oils by installing blending tanks at the company's.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	16,134.35	13,182.09	11,009.32
Total Liabilities	8,532.30	7,575.03	6,561.07
Net Profit	1,901.23	1,680.73	1,516.10

Gandhar Oil Refinery India Limited IPO Schedule

1.     Bid or Offer Opens on: 22 November 2023
2.     Bid or Offer Closes on: 24 November 2023
3.     Finalization of BoA: 30 November 2023
4.     Initiation of Refunds: 01 December 2023
5.     Credit of share to Demat account: 04 December 2023
6.     Listing Date: 05 December 2023

Gandhar Oil Refinery India Limited IPO Lot Size

Market lot size of the GANDHAR OIL REFINERY INDIA LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Gandhar Oil Refinery India Limited IPO

18th floor, DLH Park, S.V. Road

Goregaon (W), Mumbai 400 062

Maharashtra, India

Phone:  +91 22 4063 5600

Email:  investor@gandharoil.com

Website: www.gandharoil.com

Gandhar Oil Refinery India Limited IPO Registrar Details:

Link Intime India Private Limited

C 101, 1stFloor, 247 Park, L.B.S. Marg, Vikhroli West,

Mumbai 400 083, Maharashtra, India

Phone: +91 81 0811 4949
Email:  indianrenergy@linkintime.co.in

Website: www.linkintime.co.in