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Godavari Biorefineries Company Details
Godavari Biorefineries is the largest integrated bio-refinery in India and is one of the largest producers of ethanol and a pioneer in manufacturing ethanol-based chemicals in India . It is also the largest
manufacturer of MPO worldwide, one of only two manufacturers of natural 1,3 butylene glycol globally, the fourth largest manufacturer of ethyl acetate in India and the only company in India to produces bio ethyl acetate .Its diversified product portfolio comprising of bio-based chemicals, sugar,
rectified spirits, ethanol, other grades of alcohol and power, finds application in a range of industries. The Company is the only company in India to have such a vast portfolio of biobased products. It is a part of the Somaiya group of companies, which has an experience of over 80 years in the sugar industry and almost 60 years of experience in the bio-based chemicals industry.
The Company utilises sugarcane as a feedstock to manufacture a wide range of products, including sugar, ethanol, bio-based chemicals and power and was among the first few companies in India to utilise sugarcane juice and syrup for the production of ethanol .
Its Sameerwadi Manufacturing Facility is among the top ten sugar complexes in India and it is one of the largest producers of ethanol in India with an installed capacity of 380 KLPD as at June 30, 2021. The rectified spirits manufactured by it, are converted into various grades of ethanol including fuel ethanol, pharma grade ethanol and extra neutral alcohol (the “Rectified Spirits and Ethanol”).
In order to improve the valorisation of sugarcane and in light of the government initiatives for increasing fuel ethanol blending, it intends to expand its capacity for manufacturing ethanol from 380 KLPD (as at June 30, 2021) to 570 KLPD and has obtained environmental clearance for such expansion. Further, the Company is evaluating the prospect of manufacturing of 2 nd generation ethanol and energy cane to further improve the availability of feedstock for our distillery segment.
The chemicals manufactured by it comprise of ethanol-based chemicals such as ethyl acetate, bio-ethyl acetate, MPO, 1,3 butylene glycol, crotonaldehyde, acetaldehyde, acetic acid, bio- acetic acid and paraldehyde (collectively, the “Bio-based Chemicals”). The Bio-based Chemicals manufactured by it find application in various industries, including the agrochemical, cosmetics, flavour and fragrance, food, fuel, paints and coatings and pharmaceutical industries, while the ethanol manufactured are sold to oil marketing companies and also find application in the beverages, pharmaceutical and chemical industries.
For more information, click : www.godavaribiorefineries.com

The Promoters of Godavari Biorefineries
Samir Shantilal Somaiya & Somaiya Agencies Pvt Ltd

Godavari Biorefineries IPO Main Objects
The Offer comprises of the Fresh Issue and an Offer for Sale. The Company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
1. Repayment/pre-payment, in full or in part, of certain borrowings availed by the Company;
2. Funding capital expenditure for expansion of sugarcane crushing capacity at Sameerwadi Manufacturing Facility
3. Funding capital expenditure for establishing a potash manufacturing unit at the Sameerwadi Manufacturing Facility

Godavari Biorefineries IPO Details
IPO opens on ? Dec, 2021
IPO closes on ? Dec,2021
Issue Type: Book Built Issue IPO
Issue : up to ? Shares /Rs ? Crore
* Fresh Issue of ? Sh/ Rs. 370Cr
* Offer for Sale Up to 6,558,278 Sh/ Rs. ? Cr

Face Value per share : Rs. 10

Godavari Biorefineries IPO Price Band Per Equity Share: Rs. (?)
Godavari Biorefineries IPO Retail Lot Size (?) Shares
Godavari Biorefineries Listing will at BSE,NSE

Shares offered to
QIB (?%) ?Shares = Rs (?) Cr
NII (?%) ?Shares = Rs (?) Crs
RII (?%) ? Shares = Rs (?) Crs
Lot size: (?) Shares = (?) Forms
Min Retail Application : (?) Sh , Rs. (?)
Max Retail Application : (?) Sh, Rs (?)

Godavari Biorefineries IPO Tentative timeTable
Godavari Biorefineries IPO Allotment on ? Dec 2021
Unblocking of ASBA ? Dec 2021
Credit to Demat Accounts ? Dec 2021
Data Patterns Listing on ? Dec 2021

Godavari Biorefineries IPO Financial Analytical Ratios
Earnings per Share 2019-20 Rs 1.00
Earnings per Share 2020-21,Rs 6.47
Earnings per Share 2021-22 6M Rs ?
Book Value of the Share as on 31.3.2021 Rs 50.90
Return on Net Worth: 19-20 2.18 %
Return on Net Worth: 20-21: 12.72 %
Return on Net Worth: 20-21 6M:( N.A.) %
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio:
Equity Shares prior to the IPO : 41,943,023 Shares

Godavari Biorefineries IPO Peer Comparison:
There are no listed companies in India that engage in a business similar to that of the Company.

Godavari Biorefineries IPO Lead Managers 
Equirus Capital , JM financial
Registrar to Electronics Mart IPO
Linintime India pvt ltd

Registered Office of Godavari Biorefineries
Somaiya Bhavan, 45/47, M.G. Road, Fort, Mumbai – 400 001, Maharashtra
Company Secretary & Compliance Officer : Swarna Gunware

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