Gopal Snacks Limited
CLOSEDIPO 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
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 IPO | Amount |
---|---|
Overall | 650 Cr |
Fresh Issue | 0 Cr |
Offer for Sale | 0 Cr |
Allotment DetailsNew
Allotment Timeline | Details |
---|---|
Allotment Date | 12 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.
Date | Ipo Price | GMP | Estimated 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 Price | Listing Gain | Current Market Price | P/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 in | 1999 |
Managing director | |
Parent organization |
Financial Overview
Strengths
Risks
Subscription Figures
Category | Subscription (No. of times) |
---|---|
Qualified Institutional Buyers (QIBs) | 18.42 |
Non-Institutional Investors (NIIs) | 10 |
Retail Individual Investors (RIIs) | 4.22 |
Employee | 7.27 |
Total | 9.5 |