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Godavari Biorefineries IPO

Godavari Biorefineries IPO: Profit Potential, Share Price Targets & All You Need to Know to Maximize Your Investment in 2024

The Godavari Biorefineries IPO is set to open on October 23, 2024, with a price band between ₹334 and ₹352 per share. The IPO comprises a fresh issue worth ₹325 crore and an offer-for-sale of 6.53 million shares by existing shareholders, including Mandala Capital AG. The primary aim is to reduce the company’s debt by ₹240 crore, which stood at ₹748.9 crore as of June 2024. With plans to expand distillery capacity from 600 KLPD… Read More »Godavari Biorefineries IPO: Profit Potential, Share Price Targets & All You Need to Know to Maximize Your Investment in 2024

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