Gandhar Oil Refinery IPO Sales: Gandhar Oil Refinery (India) LTD IPO's stock distribution has been completed today (November 29).Investors can now check their allocation on the Intime India website and BSE.

Now, the IPO of Gandhar Oil Refinery is likely to be listed on the Indian Stock Exchange and the Indian Stock Exchange tomorrow (Thursday).New Delhi Wealth Management

GANDHAR Refinery IPO: Step Guide to Check the Status State of the Walking Stock

The following is the method of viewing the IPO distribution status of the Gandhar refining plant through the BSE website:

1) Log in to the official website of Crazy Bull Disease

2) Select "Equity" under the "issuance type".

3) Under the "topic name", select "Gandhar Oil Refinery (India) Limited".

4) Enter your application number or permanent account number (PAN).

5) Then, click "I'm not a robot" to verify yourself and click "Search" option.

Your shared application status will be displayed on the screen.

You can also directly visit the Yintai portal website-linktime .co.in/ mipo/ iPoallocation .html to see the IPO of Gandhar Oil Refinery.

Gandhar refinery IPO GMP

According to market observers, the non -listed stocks of Gandhar Oil Refinery (INDIA) LTD currently trading prices in the gray market are 65 rupees higher than the issue price.The gray market premium or GMP of 65 rupees means that the gray market is expected to receive 38.46%of the listing income from public distribution.GMP is constantly changing based on market emotions.

The "gray market premium" indicates that investors are willing to pay the price higher than the issue price.Jaipur Stock

Gandhar refinery IPO details

The IPO of the Gandhar refinery will be subscribed from November 22nd to November 24th.The price range of the IPO is fixed at 160-169 rupees per share.

For the first time, the public offering includes new offerings worth Rs of Rs of 302 million, as well as the sales offer (OFS) of 1.17 million shares of the initiator and existing shareholders.

OFS's shareholders include the initiator Ramesh Babulal Parekh, Kailash Parekh and Gulab Parekh, and other shareholders Fleet Line Shipping Services LLC, Denver BLDG MATCOR TR LLC and Green Desert Real Estate Bro KERS.

The revenue of the newly issued part will be used to repay debts and purchase equipment and civil engineering projects required for the production capacity of automotive oil production capacity in the Silvasa factory.