Stocks to Watch, 4 July: Stocks like Bajaj Finance, Suryoday Small Finance Bank, Bank of Baroda, RBL Bank, AWL Agri Business, Marico, Emcure Pharmaceuticals, Piramal Pharma, Sterling Powergensys, Godavari Biorefineries, Indian Energy Exchange, InterGlobe Aviation, Force Motors, and FSN E-Commerce Ventures Nykaa will be in focus on July 4.
Stocks like Torrent Power, HCL Technologies, MOIL, LKP Finance, Bharat Petroleum Corporation, TVS Motor Company, Indoco Remedies, Hindustan Unilever, Nazara Technologies, IRFC, and Allcargo Logistics will also be in focus on December 3.
Stocks like Godavari Biorefineries, Gujarat Themis Biosyn, AstraZeneca Pharma, GVK Power and Infrastructure, GMR Airports Infrastructure, and Tilaknagar Industries will also be in focus on November 19.
Stocks like IRB Infrastructure Developers, Automotive Axles, Wipro, Adani Power, Allcargo Gati, and Torrent Pharmaceuticals will also be in focus on October 31.
Ethanol and bio-based chemicals maker Godavari Biorefineries is valued at Rs 1,754.57 crore.
Proceeds from the IPO will go towards repayment or pre-payment of certain outstanding borrowings and general corporate purposes.
Stocks like Glaxosmithkline Pharmaceuticals, Container Corporation, Prestige Estates Projects, Capri Global Capital, Redington, Motisons Jewellers, Honeywell Automation, MTAR Technologies, and Welspun Enterprises will also be in focus on October 30.
Godavari Biorefineries IPO: The grey market is also not signalling any major listing premium.
The participants can start trading in Godavari Biorefineries shares on the BSE and NSE effective October 30.
Godavari Biorefineries, one of largest producers of ethanol in India, will close its IPO on October 25.
Godavari Biorefineries' Rs 555-crore initial public offering is a mix of fresh issue of Rs 325 crore, and an offer-for-sale of 65.26 lakh shares worth Rs 229.75 crore by existing shareholders including promoters.
Godavari Biorefineries IPO | ICICI Prudential Mutual Fund, HDFC Mutual Fund, Whiteoak Capital Mutual Fund and 360 ONE Equity Opportunity Fund were the biggest anchor investors in the company, buying 5.35 lakh shares worth Rs 18.85 crore each.
The IPO consists a fresh issue of Rs 325 crore and an offer-for-sale (OFS) of up to 6.53 million shares by its existing shareholders and promoters
The ethanol-based chemicals maker has reserved half of its IPO size for QIBs, 15% for NIIs, and the remaining 35% for retail investors
Godavari Biorefineries may consider a pre-IPO placement of up to Rs 100 crore. If such placement is completed, the fresh issue size will be reduced.
Godavari Biorefineries has completed expansion of increasing dehydrated ethanol (fuel grade) manufacturing capacity to 50 million litres per annum at Sameerwadi in Karnataka.