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
Objects of the Issue:
1. The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital: 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 and Solvent Ltd IPO Information
»» Public Issue Open: May 08, 2008 to May 13, 2008
»» Public Issue Type: 100% Book Built Issue (Initial Public Offer IPO)
»» Public Issue Size: 71,58,392 Equity Shares of Rs. 10/-
»» Face Value: Rs. 10/-
»» Public Issue Price: Rs 175/- to Rs 195/-
»» Maximum Subscription Amount for Retail Investor: Rs 100,000/-
»» Listing: BSE, NSE
»» Lead Manager: Anand Rathi Securities Ltd, Intensive Fiscal Services Private Ltd