News > Godavari Biorefineries seeks ₹700 crore IPO at the right time

Godavari Biorefineries seeks ₹700 crore IPO at the right time

Mumbai-based ethanol and bio-based chemicals maker, Godavari Biorefineries is looking to launch its initial public offering (IPO). 700 crores at the right time considering the geopolitical situation.

Sameer Somaiya, CEO and Managing Director, Godavari Biorefineries Limited told PTI, “We have received the final comment from SEBI. IPO Requests during November-end (2021). We have one year to list. We will see the right time for a listing.”