Gandhar Oil Refinery India Limited IPO

Gandhar began its journey to success in 1992, catching the wave of optimism following liberalisation. Gandhar led by a qualified and experienced management team , who have experience in and knowledge of the specialty oils sector, including in the fields of administration, marketing and human resource management. With a modest start in Mumbai with a limited product line. and thanks to a combination of experienced and qualified management team, it soon became a force to be reckoned with. Gandhar is a leading manufacturer of white oils by revenue, engaged in producing Pharmaceutical, Health care, and performance oil (PHPO), Process Insulating Oil (PIO) and Lubricants (automotive oils and industrial oils). These products also meet national and international quality standards and are approved by India FDA, ISO Certifications, Kosher, BIS and Halal.With approx 800 strong workforce, the Group is a Leading manufacturer of White oils by revenue in India with overseas operations catered to over 100 countries globally.

Event	Minimum	Maximum
Lot	1 Lot	13 Lot
Shares	88 Shares	1,144 Shares
Amount	₹14,872	₹1,93,336

Company Name	Symbol	Listing Exchange	Issue Size	IPO Open Date	IPO Closing Date	IPO Listing Date
Gandhar Oil Refinery (India) Limited	GANDHAR	NSE, BSE	3,06,31,910	22 Nov 23	24 Nov 23	05 Dec 23

Face Value	Allotment Date	Refunds Date	Shares Credit in demat Date
₹2 per share	30 Dec 23	01 Dec 23	4 Dec 23