Gokul Refoils and Solvent Limited IPO (Gokul Refoils IPO) Detail

May 8, 2008 - May 13, 2008

Incorporated in 1992, Gokul Refoils and Solvent Limited is engaged in the business of Solvent Extraction, refining of Edible oils and Vanaspati manufacturing. The business of refining vegetable oils including seed procurement, processing, solvent extraction and marketing of edible oils. The major edible oils processed in the plant are Soybean Oil, Sunflower Oil, Palm Oil, Mustard Oil, Groundnut Oil and Vanaspati.

Company has 680 TPD of seed processing, 600 TPD of Solvent Extraction, 1200 TPD of refining and 200 TPD of Vanaspati manufacturing. The units are situated at Sidhpur (Sidhpur unit, North Gujarat), Anjar (Gandhidham unit, Kutch), Navi Pardi (Surat unit, South Gujarat), Kutch (Wind mills). Company setup Solvent Extraction plant and an oil refinery at Sidhpur, Refinery of 800 TPD and Vanaspati plant of 100 TPD at Kutch, Four environment friendly wind mills of 1.25 MW each in Kutch, 100 TPD operational refinery in Surat and co-generation power plant of 500 KWH at our Gandhidham unit. Towards expanding the scale of operations company setup two wholly owned subsidiaries in Mauritius and Singapore.

The Company is in the following lines of business:

  1. Seed processing and Solvent Extraction
    • Oil cake
    • Solvent extracted oil
    • De-oiled cake
  2. Refining of crude Edible oil to produce refined
    • Mustard oil
    • Soyabean oil
    • Sunflower oil
    • Groundnut oil
    • Cottonseed oil
    • Palm oil
  3. Hydrogenation of oil to produce
    • Vanaspati ghee
  4. Captive power generation plant

Company Financials:

ParticularsFor the year/period ended (Rs. in lacs)
 31-Mar-0731-Mar-0631-Mar-0531-Mar-04
  Total Income160,002.97125,829.99112,098.5350,304.94
  Profit After Tax (PAT)2,671.391,094.781,782.521,365.82

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital:
1. Setting up a new 1500 TPD Soyabean processing plant near Gandhidham, Gujarat;
2. Expansion of our existing edible oil refinery at Surat, Gujarat;
3. Investment in our wholly owned Singapore subsidiary;
4. Funding part of our long term working capital;
5. Brand building activities;
6. Investment in increasing warehousing capacities and continuous Capex for exising units;
7. To meet expenses of the Issue in order to achieve the benefits of listing on the Stock Exchanges;
8. General corporate purposes.

Gokul Refoils IPO Details

IPO Opening DateMay 8, 2008
IPO Closing DateMay 13, 2008
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹175 to ₹195 per equity share
Market Lot35 Shares
Min Order Quantity35 Shares
Listing AtBSE, NSE
Issue Size7,158,392 Eq Shares of ₹10
(aggregating up to ₹139.59 Cr)

Gokul Refoils IPO Lot Size

The Gokul Refoils IPO market lot size is 35 shares. A retail-individual investor can apply for up to 29 lots (1015 shares or ₹197,925).

ApplicationLotsSharesAmount (Cut-off)
Minimum135₹6,825
Maximum291015₹197,925

Gokul Refoils IPO Subscription Status (Bidding Detail)

The Gokul Refoils IPO is subscribed 4.27x times on May 13, 2008 17:00. The public issue subscribed 5.59x in the retail category, 2.72x in the QIB category, and 6.58x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
Total

4.27x

Gokul Refoils IPO Prospectus

Gokul Refoils IPO Rating

714
2.1
Rating:Rated 2.1 stars

Vote Here ...

Gokul Refoils IPO Listing Date

Listing DateWednesday, June 4, 2008
BSE Script Code532980
NSE SymbolGOKUL
Listing InB
ISININE020J01029
IPO Price₹195 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹195.00
₹203.45
₹176.30
₹222.30
₹181.05
21,149,800
NSE
₹195.00
₹219.90
₹178.00
₹224.70
₹182.05
16,759,269

Gokul Refoils IPO Reviews / Ratings

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Company Contact Information

Gokul Refoils and Solvent Limited
State Highway No. 41
Near Sujanpur Patia,
Sidhpur, Gujarat–384151

Phone: +91-276-7222075
Email: gokulipo@gokuloil.com
Website: http://www.gokuloil.com

Gokul Refoils IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: gokulipo@intimespectrum.com
Website: http://www.linkintime.co.in

Gokul Refoils IPO FAQs

  1. What is Gokul Refoils IPO?

    Gokul Refoils IPO is a main-board IPO of 7,158,392 equity shares of the face value of ₹10 aggregating up to ₹139.59 Crores. The issue is priced at ₹175 to ₹195 per equity share. The minimum order quantity is 35 Shares.

    The IPO opens on May 8, 2008, and closes on May 13, 2008.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Gokul Refoils IPO will open?

    The Gokul Refoils IPO opens on May 8, 2008 and closes on May 13, 2008.

  3. What is the lot size of Gokul Refoils IPO?

    Gokul Refoils IPO lot size is 35 Shares and the minimum order quantity is 35 Shares.

  4. How to apply for Gokul Refoils IPO?

    You can apply in Gokul Refoils IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When Gokul Refoils IPO allotment?

    The finalization of Basis of Allotment for Gokul Refoils IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Gokul Refoils IPO allotment status.

  6. When is Gokul Refoils IPO listing date?

    The Gokul Refoils IPO listing date is on Wednesday, June 4, 2008.

Gokul Refoils IPO Message Board

Ranked Members  Ranked Members

Loading...
283. harsh |Sep 10, 2008 02:39
i told u people gokul's gonna rock, target of 340 achieved, next level is 380 at which profit booking is advised

disclosure - i had 475 shares at @ 195 , sold out at 343
282. vatsal |Sep 10, 2008 02:34
hurry buy gokul it will touch 400 by 15 sept 08
281. harsh |Jul 15, 2008 23:53
gokul's gonna rock will reach 260 if market conditions improve even a little bit
280. sngarg |Jun 30, 2008 22:55
Hallo,

TO-MARROW 'GOKUL' will dance irrespective of market
condition ( RED or GREEN )
279. harsh |Jun 20, 2008 17:10
hey i have 94 gokul @ipo , can any 1 suggest at wht price to sell.
278. AKA |Jun 4, 2008 21:16
AS PER GREAT S.P. TULSIAN

HATS OFF TO GREAT ANALYST OF INDIAN STOCK MARKET SP TULSIAN JI

Keeps his previous record of wrong prediction

see i told you that reverse will happen

Anu’s Lab, having issued shares at Rs 210, is listing only on BSE and likely to list below its issue price. Profit booking is advised above issue price, while Gokul Refoils, listing on both NSE & BSE and having issued shares at Rs 195, is likely to witness momentum on listing.

Reverse will happen as per past performance of great sp tulsian
277. VISHY |Jun 4, 2008 18:59
Please refer to the below mentioned mesage No:255 written by me yesterday: almost my prediction was correct. there was a heavy downfall in sensex and Nifty, so the price of the ipo went below issue price.

may be the prediction is very correct but i am really worried for our chittorgarh investors who were affected by this price fall.


255. VISHY (62.123.95.237) 6/3/2008 2:03:41 PM IST Report Spam!
market sentiment is weak. so those who want to book profit or those who is interested in listing day gain, book profit when it lists. if sensex loose 200 points and nifty loose 60 points tomorow then the price of this share is likely to fall. the price fall may take place in the afternoon session and most probably if the market still falls on thursday, then the share price may go below the ipo price. but one can trust this ipo for long term returns!!!!


276. prakashipo |Jun 4, 2008 16:37
gokul ka khel khatam.lekin yaar 1-30 baje tak apne shareholder ko yeh positive retunn de raha tha. agar aapke lalach ki koi seema nahin toh aapka yehi harsh hoga .maine 94 shares each 5 naam pe 215 pe becha
275. chintan |Jun 4, 2008 14:28
Ekdum disappointing listing hua yar is share kaa.Isme intezar karne jaisa bilkul nahi,sab naah dhoke nikal jaao,varna phasoge.
274. prakashipo |Jun 4, 2008 13:38
bulls eye hit . see my msg no 261 i predicted 225 for gokul and 265 for anu . both listed at exactly samr prize mr kedi are you listening
273. fj |Jun 4, 2008 10:59
currently trading at 215
272. AKSHAT |Jun 4, 2008 10:36
20 KE BAD DEKHANA BOMB BLAST HOGA GOKUL KI SCRIPT PE START CALCU. 250-300 RANGE OF THE SHARE.SO DO NOT WORRY.BE HAPPY.OIL PRICE SE GOKUL KO FAYDA HI FAYDA HAI.
271. Rama Krishna |Jun 4, 2008 07:58
Reply to message 270

I am also having reliance money account, yesterday i am not able to see Gokul shares in my account but now i am able to see them.
270. Gokul |Jun 4, 2008 01:51
Have u ppl received the Gokul shares in your demat /trading account? I haven't yet received them. I trade through reliance money
269. Divyesh Kotecha |Jun 4, 2008 00:23
Dear Friends ,

i think gokul listing at 225 to 230

thank u
268. Rajasthan Royals |Jun 3, 2008 23:26
Guess Guys!!!!

Lets See Whoses Guess hit the grapes the throne..

Once again and last chance for you to be a KING....
267. vaibhav |Jun 3, 2008 21:42
SCRIPT CODE:-532980
DATE OF ISSUE:-04-06-2008(tomorrow)
Expected price:-290-300
266. PAWAN |Jun 3, 2008 21:06

3 JUNE Lower freze expected before 11th June in mkt Technicaly Nifty may break 4400 or will go below !!Why people are buying ?Pls for god sake exit and watch panic selling tomrw and wednesday !!
265. vaibhav |Jun 3, 2008 20:24
gokul will rock but i cant say about anu lab
264. AKA |Jun 3, 2008 20:02
AS PER GREAT S.P. TULSIAN

Anu’s Lab, having issued shares at Rs 210, is listing only on BSE and likely to list below its issue price. Profit booking is advised above issue price, while Gokul Refoils, listing on both NSE & BSE and having issued shares at Rs 195, is likely to witness momentum on listing.

Reverse will happen as per past performance of great sp tulsian








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