Godavari Biorefineries Ltd IPO

One of the manufacturers of ethanol-based chemicals in India and one of India's largest producers of ethanol in terms of volume.

Integrated biorefinery with an installed capacity of 570 KLPD for manufacturing ethanol as at March 31, 2024.

Diversified product portfolio and well-established relationship with a diversified marquee customer base across industries and geographies.

Well-developed in-house research and development capabilities.

Member of the Somaiya group and experienced promoter, board of directors, key managerial personnel and senior management.

The company depends on a few suppliers for supply of a significant portion of raw materials (excluding sugarcane). Any failures to procure such raw materials from these suppliers may have an adverse impact on its manufacturing operations and results of operations.

The company derives a significant portion of its revenue from a few customers and the loss of one or more such customers, the deterioration of their financial condition or prospects, or a reduction in their demand for its products may adversely affect the company's business, results of operations, financial condition and cash flows.

The company derives a significant portion of its revenue from a few products. The company results of operations may be adversely affected if revenue from such products decline.

Continuing to diversify product offerings and improving operational efficiency.

Implementation of additional measures for improving feedstock security and increasing value derived from feedstock.

Increasing the share of business of existing customers and further diversifying our customer base.

Continuing focus on implementation of sustainable practices and strengthening our control over our inputs.

Reduction of borrowings and leverage.