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Gain: At Par
Allotment: 28 Sept
Subscription Starts
Cut-off Time 5:00 PM
Registrar Finalization
UPI Mandate Release
Trading on NSE / BSE
Subscription Starts
Cut-off Time 5:00 PM
Registrar Finalization
UPI Mandate Release
Trading on NSE / BSE
Calculate live investment, expected return & grey market payout
Kostak is the fixed profit on selling unallotted applications. Subject to Sauda is the guaranteed rate upon share allotment.
Fine Refiners Limited, incorporated in May 2005, is engaged in the procurement, processing, trading, and import of petroleum-based products such as fuel oil, base oil, diesel, lubricants, and recycled oils, mainly sourced as waste from industries and commercial users. The company collects used oils from dealers, agents, marine vessels, and industrial sources, and processes them using refining and recycling technologies to produce products like recycled fuel oil, re-refined base oil, industrial fuel oil, aromatic heavies, and crude oil. It also trades a wide range of oils and fuels including furnace oil, light diesel oil, process oil, and mixed hydrocarbons. The company is ISO 9001:2015 and ISO 14001:2015 certified and has approvals from the Gujarat Pollution Control Board, and as of February 26, 2026, it had 38 employees.
P/E Ratio
N/A
Price to Earnings
ROE
15%
Return on Equity
ROCE
18%
Capital Employed
Debt / Equity
0.5
Leverage Ratio
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Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated cash premium traded between buyers and sellers before official listing on NSE or BSE. GMP indications are based on demand-supply dynamics in the grey market and are subject to extreme volatility. Neither SEBI nor stock exchanges regulate grey market operations. Investors should conduct independent fundamental analysis and read the Red Herring Prospectus (RHP) before applying.
Price Band
₹60 - ₹64
Min ₹1,28,000
Est. Listing
₹96.3
+50.5% Gain
Issue Size
₹3000000 Cr
Est. Profit
+₹64,600
Price Band
₹104 - ₹110
Min ₹1,32,000
Est. Listing
₹126.15
+14.7% Gain
Issue Size
₹3858000 Cr
Est. Profit
+₹19,380
Price Band
₹29 - ₹29
Min ₹1,16,000
Est. Listing
₹31.55
+8.8% Gain
Issue Size
₹3636000 Cr
Est. Profit
+₹10,200