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Gopal Snacks Ltd. IPO
Gopal Snacks Ltd.
Gopal Snacks Ltd. IPO Details
Rajkot based Gopal Snacks Ltd. (GSL), also known as Gopal Namkeen is coming up with an IPO to raise Rs. 650cr
The IPO only consists of OFS portion. Thus, the company will not receive any proceeds from the issue.
At the higher price band of the IPO, GSL is demanding a premium of 20% to the last transaction executed in Oct. 2023.
About Company Business
GSL is the fast-moving consumer goods company in India with a major presence in Gujarat, offering a wide variety of savoury products under the brand “Gopal”, including ethnic snacks such as namkeen and gathiya; western snacks such as wafers, snack pellets and extruder snacks; and other fast-moving consumer goods such as papad, spices, besan, noodles, rusk and soan papdi.
Apart from Gujarat, GSL also has a scattered presence in other nine states (including Maharashtra, Uttar Pradesh, Madhya Pradesh, Rajasthan, etc.) and two Union Territories
Its product portfolio comprised of 84 products with 276 SKUs across various product categories
IPO Strengths
- Diversified product portfolio, capable of capturing growing Indian snacks market and increasing geographical presence across different states in India
- Strategically located manufacturing facilities
- Good distribution network
- Track record of profitable financial performance
- Experienced promoter and management team
IPO Weaknesses
- General slowdown in the global economic activities
- Unfavorable government policies & regulations
- Unfavorable government policies & regulations
- Unfavorable sales-mix
- Difficulty in maintaining the profitability
- Competition
Gopal Snacks Ltd. Revenue & Profit
+1.129 | +0.021 |
+1.352 | +0.041 |
+1.395 | +0.112 |
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Gopal Snacks Ltd. IPO Dates
| Open Date | 06 March , 2024 |
| Close Date | 11 March , 2024 |
| Allotment Date | 12 March , 2024 |
| Initiation of Refunds | 13th March 2024 |
| Credit of Shares to Demat Account | 13th March 2024 |
| Listing Date | 13th March 2024 |
Gopal Snacks Ltd. IPO Lot Size
| Minimum Lot Size | 1 |
| Maximum Lot Size | To be announced |
Seize the Opportunity! Apply for Gopal Snacks Ltd. IPO
Free Demat Account Opening
Zero AMC Charges for First Year
Low DP Charges (Rs. 10 only)
Free IPO Report & Advisory
Gopal Snacks Ltd. IPO Subscription Breakup
| QIBs | 50% |
| Non Institutional Investors | 15% |
| Retail Investors | 35% |
How to Apply for Gopal Snacks Ltd. IPO?
Step 1
First, you need to visit the IPO section on our website.
Step 2
Then, click on the 'IPO Listing' option to view the IPO.
Step 3
Open the Gopal Snacks Ltd. IPO by tapping on it.
Step 4
You will see an option to subscribe that you need to click on.
Step 5
Now that you can see the IPO details, you must enter details like cut-off price, number of lots, and UPI ID.
Step 6
Next, verify your details and select the 'Subscribe' option to complete the bidding.
You have completed your bidding for the Gopal Snacks Ltd. IPO. Log in and go to the 'IPO Transactions' section to track your allotment status.