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Godavari Biorefineries IPO Subscription Status

Godavari Biorefineries IPO was subscribed 1.87 times when bidding closed on 25 Oct 2024: QIB 2.76x, NII 0.93x, Retail 1.76x.

The Godavari Biorefineries IPO has been subscribed 1.87x times overall. Retail investors have shown interest with bids for 1.76x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.93x. Within NII, Big HNI (B-HNI) subscribed 0.56x and Small HNI (S-HNI) subscribed 1.68x. Qualified Institutional Buyers (QIBs) have subscribed 2.76x. Data last updated on 10 Nov, 11:18 PM.

The IPO subscription period has ended. The issue opened on 23 Oct, 2024 and closes on 25 Oct, 2024. The shares are expected to list on stock exchanges on 30 Oct, 2024.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 11:18 PM
Category Bid details Times
QIB - of - - 2.76x
NII - of - - 0.93x
bHNI — bid amount above ₹10 Lakh
- - 0.56
sHNI — bid amount ₹2–10 Lakh
- - 1.68
Retail - of - - 1.76x
TOTAL - - 1.87x
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Godavari Biorefineries IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
3 out of 5
~56.8% chance per PAN — based on 1.76x subscription. Winners get exactly 1 lot (₹14,784) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
3 out of 5
~59.5% chance — based on 1.68x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
Full allotment
0.56x — undersubscribed. Valid B-HNI bids should be allotted in full.
QIB (institutions)
2.76x
Proportionate allotment — at 2.76x, institutions receive ~36.2% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 56.8% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
25 Oct 2024
Day 3
1.87x ▼
QIB2.76x BHNI0.56x SHNI1.68x Retail1.76x
24 Oct 2024
Day 2
0.55x ▼
QIB- BHNI0.12x SHNI0.57x Retail0.99x
23 Oct 2024
Day 1
0.28x ▼
QIB- BHNI0.06x SHNI0.25x Retail0.51x

Godavari Biorefineries IPO dates

From the bidding window to listing. Today is 14 November.

Key dates Listed
  1. Open 23 Oct 2024
  2. Close 25 Oct 2024
  3. Allotment 28 Oct 2024
  4. Refund/credit 29 Oct 2024
  5. Listing 30 Oct 2024

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
ICICI PRUDENTIAL ELSS TAX SAVER FUND ₹18.86 Cr 11.33%
360 ONE EQUITY OPPORTUNITY FUND ₹18.86 Cr 11.33%
HDFC MUTUAL FUND - HDFC MANUFACTURING FUND ₹14.27 Cr 8.58%
FRANKLIN INDIA OPPORTUNITES FUND ₹9.00 Cr 5.41%
BANDHAN SMALL CAP FUND ₹9.00 Cr 5.41%
EDELWEISS TRUSTEESHIP CO LTD AC - EDELWEISS MF AC- EDELWEISS RECENTLY LISTED IPO FUND ₹9.00 Cr 5.41%
GOLDMAN SACHS (SINGAPORE) PTE. - ODI ₹9.00 Cr 5.41%
3P INDIA EQUITY FUND 1M ₹9.00 Cr 5.41%
CHARTERED FINANCE & LEASING LIMITED ₹9.00 Cr 5.41%
SBI GENERAL INSURANCE COMPANY LIMITED ₹9.00 Cr 5.41%
BUOYANT CAPITAL AIF - BUOYANT OPPORTUNITIES STRATEGY ₹9.00 Cr 5.41%
TROO CAPITAL LTD ₹9.00 Cr 5.41%
WHITEOAK CAPITAL FLEXI CAP FUND ₹8.80 Cr 5.28%
WHITEOAK CAPITAL SPECIAL OPPORTUNITIES FUND ₹6.20 Cr 3.73%
SOCIETE GENERALE - ODI ₹5.00 Cr 3.00%
CARNELIAN STRUCTURAL SHIFT FUND ₹5.00 Cr 3.00%
HDFC MUTUAL FUND - HDFC NON CYCLICAL CONSUMER FUND ₹4.59 Cr 2.76%
WHITEOAK CAPITAL MULTI CAP FUND ₹3.04 Cr 1.83%
WHITEOAK CAPITAL ELSS TAX SAVER FUND ₹0.82 Cr 0.49%
TOTAL ₹166.44 Cr 100.02%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Godavari Biorefineries IPO?

As of IPO close date (25 Oct, 2024), the Godavari Biorefineries IPO is subscribed 1.87x times. Retail category is 1.76x, and NII is 0.93x subscribed.

When is the allotment date for Godavari Biorefineries IPO?

The allotment for Godavari Biorefineries IPO is expected to be finalized on 28 October, 2024.

What is the GMP of Godavari Biorefineries?

The Grey Market Premium (GMP) for Godavari Biorefineries is currently ₹15, indicating a potential listing gain of 4%.

When will Godavari Biorefineries IPO list on the stock market?

Godavari Biorefineries is scheduled to list on BSE and NSE on 30 October, 2024.

What are the chances of getting allotment in Godavari Biorefineries IPO?

The retail category is oversubscribed at 1.76x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 2.76x mean for Godavari Biorefineries IPO?

Moderate — QIBs have subscribed 2.76x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Godavari Biorefineries IPO allotment status?

After the allotment date (28 Oct, 2024), you can check your Godavari Biorefineries IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
1.87x
QIB
2.76x
NII
0.93x
bHNI
0.56x
sHNI
1.68x
Retail
1.76x
Full IPO details
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