Gandhar Oil Refinery IPO comprises the issuance of fresh equity shares worth Rs 302 crore and an offer for sale (OFS) of 11,756,910 equity shares by existing shareholders. Under the OFS, promoter-selling shareholders Kailash Parekh, Gulab Parekh, and other selling shareholders Green Desert Real Estate and Fleet Line Shipping among others will offload stakes.
Gandhar Oil Refinery India IPO | The public issue comprises a fresh issue component of Rs 302 crore, and an offer-for-sale (OFS) of 1.17 crore equity shares by selling shareholders including promoters.
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.
Its product range encompasses a diverse selection of speciality oils and lubricants, including white oils, waxes, jellies, automotive oils, industrial oils, transformer oils, and rubber processing oils.