Gandhar Oil Refinery (India) Limited IPO

Gandhar Oil Refinery (India) Limited is listed in the MAINBOARD segment with a price band of ₹160 to ₹169. The figures below are as reported by the exchanges and public sources.

Gandhar Oil Refinery (India) Limited IPO — key facts

• The Gandhar Oil Refinery (India) Limited IPO price band is ₹160 to ₹169 per share.
• As of 5 September 2026, the Gandhar Oil Refinery (India) Limited IPO subscription status is 65.63x overall.
• The issue is open from 22-NOV-2023 to 24-NOV-2023.
• Gandhar Oil Refinery (India) Limited listed on 30-NOV-2023.
• Gandhar Oil Refinery (India) Limited listed at ₹301.5. The listing gain was 78.4% against the upper end of the issue price band.

Gandhar Oil Refinery (India) Limited IPO details

Status

Listed

Segment

MAINBOARD

Sector

Lubricants

Price band

₹160 – ₹169

Issue size

₹500.69 Cr

Fresh issue

₹302 Cr

Offer for sale

₹198.69 Cr

Opens

22-NOV-2023

Closes

24-NOV-2023

Listing

30-NOV-2023

Total subscription

65.63x

Retail

29.93x

QIB

129.06x

NII

64.34x

Lead managers

ICICI Securities (left lead)

Listing price

₹301.5

Listing day change

+78.4%

Other Lubricants IPOs

• Sundrex Oil Company Limited -23.9% on listing
• Greenhitech Ventures Ltd. +99.5% on listing
• Arabian Petroleum Limited +8.9% on listing
• Sah Petroleums Ltd. -3.7% on listing

Live subscription, allotment status, offer documents and the full lifecycle timeline for this issue are on this page. Historical listing performance for every past IPO is in the IPO database, and each day's activity is recorded in the daily digest.

Published by INVESTOLOGY — SEBI Registered Research Analyst INH000015297. Data is reported for information only. It is not research and not investment advice. Investments in securities markets are subject to market risk; read all offer documents carefully before investing.