BSE's Sensex dropped only 47.77 points, or 0.07 per cent, to end at 65,970.04. NSE's Nifty50 shed merely 7.30 points, or 0.04 per cent, to end the day at 19,794.70 for the day.
Gandhar Oil is a leading manufacturer of white oils with a growing focus on the consumer and healthcare end-industries. Its product suite comprised over 350 products primarily across the personal care, healthcare and performance oils, lubricants and process and insulating oils divisions under the Divyol brand.
Gandhar Oil Refinery IPO comprises a fresh equity issue of Rs 357 crore and an offer for sale (OFS) of Rs 143 crore. The price band for the issue will be announced soon for the Rs Rs 500-crore IPO.
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