Gopal Snacks Limited IPO is a MAIN BOARD IPO. They are going to raise ₹650 Crores via IPO. The issue is priced at ₹381 to ₹401 per equity share. The IPO is to be listed on NSE, BSE
Gopal Snacks Limited IPO opens for subscription on March 06, 2024. and closes on March 11, 2024. The allotment for the Gopal Snacks Limited IPO is expected to be finalized on March 12, 2024. Gopal Snacks Limited IPO will list on BSE, NSE with tentative listing date fixed as 14 March 2024.
| IPO Details | Allotment |
| Minimum Investment ₹14,837 / 1– Lot (37 shares) | Price Range ₹381-₹401 | |
| Max Quantity 13-Lots/ (481 Shares) | Max Investment ₹192,881 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 650 Cr | Employee Discount ₹38 |
| Total Issue Size 16,209,476 Shares (Aggregating up to ₹650.00 Cr) | Share Holding Pree Issue 124,604,370 | Issue Type Book build Issue IPO |
| Fresh Issue Share 16,209,476 Shares (Aggregating up to ₹650.00 Cr) | Share Holding Post Issue 124,604,370 | Listing At BSE, NSE |
| Offer For Sale | Face value ₹1 |
IPO Dates
| Offer Starts | 06 March 2024 |
| Offer Ends | 11 March 2024 |
| Allotment | 12 March 2024 |
| Refunds | 13 March 2024 |
| Credit of shares to Demat account | 13 March 2024 |
| IPO Listing | 14 March 2024 |
About Gopal Snacks Limited
Founded in 1999, Gopal Snacks Limited is an FMCG company that deals in ethnic and Western snacks, and other products in India and internationally.
The company offers a variety of snack products including ethnic snacks like namkeen and gathiya, as well as western snacks such as wafers, extruded snacks, and snack pellets. They also provide fast-moving consumer goods such as papad, spices, gram flour or besan, noodles, rusk, and soan papdi.
As of September 2023, the company has sold its products to over 523 locations across 10 states and two Union Territories.
The company has six manufacturing units out of which three are primary manufacturing units and three are ancilliary manufacturing units. The primary manufacturing units are in Nagpur, Maharashtra; Rajkot, Gujarat; and Modasa, Gujarat. The two ancillary units are situated in Rajkot, Gujrat and one unit is located in Madosa, Gujrat.
| Founded in | Managing Director |
| 1999 | Mr. |
Gopal Snacks Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
Gopal Snacks Limited IPO Lot Size
Gopal Snacks Limited IPO minimum market lot is 37shares with ₹14,837 application amount. The retail investors can apply up-to 13 lots with 481 shares or ₹192,881 amount.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 37 | ₹14,837 |
| Retail (Max) | 13 | 481 | ₹192,881 |
| S-HNI (Min) | 14 | 518 | ₹207,718 |
| S-HNI (Max) | 67 | 2,479 | ₹994,079 |
| B-HNI (Min) | 68 | 2,516 | ₹1,008,916 |
Share Holding
| Share Holding Pre-Issue | 93.50% |
| Share Holding Post-Issue |
Financials
| Year | 2023 | 2022 | 2021 |
| Revenue | ₹1,398.58 | ₹1,356.48 | ₹1,129.84 |
| Assets | ₹461.28 | ₹399.72 | ₹341.89 |
| Profit | ₹112.37 | ₹41.54 | ₹21.12 |
| All values are in Rs. Cr |
Fundamentals
| Values | Values | ||
| Market cap | 4996.64 Cr | ROE | 16.05% |
| P/E (X) | 44.47 | ROCE | 20.83% |
| POST P/E (X) | 44.96 | EPS | 4.46 |
| Debt to Equity | 0.08 | RONW | 16.05% |
Objects of the Issue
- To be updated soon
Brokerage Firm IPO Review
- To be updated soon
| Gopal Snacks Limited Contact Details | |
| Address | Gopal Snacks Limited Plot Nos. G2322, G2323 and G2324 GIDC Metoda, Taluka Lodhika Rajkot – 360 021, Gujarat India |
| Phone: | +91 28 2728 7370 |
| cs@gopalsnacks.com | |
| Website | www.gopalnamkeen.co |
| Gopal Snacks Limited IPO Lead Managers |
| Intensive Fiscal Services Private Limited Axis Capital Limited JM Financial Limited |
| Gopal Snacks Limited IPO Registrar | |
| . | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| gopalsnacks@linkintime.co.in | |
| Website | https://linkintime.co.in/ |
| Gopal Snacks Limited IPO Allotment Status Check |
| IPO Allotment Status Check Click Here |
Gopal Snacks Limited IPO FAQs
What is Gopal Snacks Limited IPO?
- Gopal Snacks Limited IPO is a MAIN BOARD IPO. They are going to raise ₹650 Crores via IPO. The issue is priced at ₹381 to ₹401 per equity share. The IPO is to be listed on NSE, BSE
When Gopal Snacks Limited IPO will open?
- The IPO is to open on March 06, 2024, for QIB, NII, and Retail Investors.
What is Gopal Snacks Limited IPO Investors Portion?
- The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
What is Gopal Snacks Limited IPO Size?
- Gopal Snacks Limited IPO size is ₹650 crores.
What is Gopal Snacks Limited IPO Price Band?
- Gopal Snacks Limited IPO Price Band is ₹381 To ₹401 per equity share.
What is Gopal Snacks Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1-Lot (37 Shares) with ₹14,837. and Maximum Lot Size 13-Lots (481 Shares) with ₹192,881
What is Gopal Snacks Limited IPO Allotment Date?
- Gopal Snacks Limited IPO allotment date is March 12, 2024.
What is Gopal Snacks Limited IPO Listing Date?
- Gopal Snacks Limited IPO listing date is March 14, 2024. The IPO to list on NSE, BSE.