Top 10 Stocks

  • Stocks
  • IPO
  • Mutual FundsMF

© 2024 top10stocks.in. All Rights Reserved.

About UsContactTerms and ConditionsPrivacy PolicySitemap
    1. Home
    2. /
    3. IPOs
    4. /
    5. GOPAL

    Gopal Snacks Limited

    CLOSED

    IPO Date: 6 Mar - 11 Mar 2024

    Listing Date: 14 Mar 2024

    Price Range

    ₹381 to ₹401 per share

    Issue Size

    650 Cr

    Min Investment

    ₹14,097

    Lot Size

    37 Shares

    View IPO Document

    Schedule of Gopal Snacks Limited

    Issue open date

    6 Mar 2024

    Issue close date

    11 Mar 2024

    UPI mandate deadline

    11 Mar 2024 (5 PM)

    Allotment finalization

    12 Mar 2024

    Share credit

    13 Mar 2024

    Listing date

    14 Mar 2024

    Mandate end date

    26 Mar 2024

    Issue size

    Funds Raised in the IPOAmount
    Overall650 Cr
    Fresh Issue0 Cr
    Offer for Sale0 Cr

    Allotment DetailsNew

    Allotment TimelineDetails
    Allotment Date12 Mar 2024
    Allotment Link{Link}

    Grey Market PremiumNew

    Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

    DateIpo PriceGMPEstimated Listing Price
    14 Mar 2024₹401₹0₹401 (0%)
    13 Mar 2024₹401₹0₹401 (0%)
    12 Mar 2024₹401₹0₹401 (0%)
    11 Mar 2024₹401₹8₹409 (2%)
    10 Mar 2024₹401₹24₹425 (5.99%)
    9 Mar 2024₹401₹24₹425 (5.99%)
    8 Mar 2024₹401₹22₹423 (5.49%)
    7 Mar 2024₹401₹21₹422 (5.24%)
    6 Mar 2024₹401₹45₹446 (11.22%)
    5 Mar 2024₹401₹65₹466 (16.21%)
    4 Mar 2024₹401₹122₹523 (30.42%)

    Performance Gopal Snacks Limited

    Issue PriceListing GainCurrent Market PriceP/L
    ₹381 to ₹401 per share₹ 1853 (-9.55%) ₹ 286.7-28.50%

    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 November 2023, the company had 276 SKUs along with 84 products from different categories, catering to various tastes and preferences.As of September 2023, the company has sold its products to over 523 locations across 10 states and two Union Territories.As of September 30, 2023, the sales and marketing team comprised 741 employees, complemented the extensive distribution network of three depots and 617 distributors. As of September 2023, the company has a fleet of 263 logistics vehicles to support its extensive distribution network.The company has six manufacturing units out of which three are primary manufacturing units and three are ancillary 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.As of September 30, 2023, the six facilities had a total annual installed capacity of 404,728.76 MT. The three primary facilities, including the Rajkot facility that produces papad, had a capacity of 303,668.76 MT, while the three ancillary facilities had a capacity of 101,060.00 MT (excluding papad capacity).As of September 30, 2023, 69 distributors in Gujarat have been associated with the company for more than ten years, representing 24.73% of the total distributors in Gujarat.

    Founded in1999
    Managing director
    Parent organization

    Financial Overview

    Strengths

      Risks

        Subscription Figures

        CategorySubscription (No. of times)
        Qualified Institutional Buyers (QIBs)18.42
        Non-Institutional Investors (NIIs)10
        Retail Individual Investors (RIIs)4.22
        Employee7.27
        Total9.5