Gopal Snacks Limited IPO GMP Today, Gopal Namkeen Grey Market Premium Updates | Gopal Snacks IPO Apply date, How to Apply?, Listing gain
Gopal Snacks IPO began on 06 March 2024. It will close on 11 March 2024. The Total IPO Size is 650.00 Crore Approx. The company set its IPO price is ₹381 to ₹401 per share Per Share. There are three basic categories in Gopal Namkeen IPO Subscription:-
1) Qualified Institutional Buyers. 2) Non-Institutional Investors. 3) Retail.
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.
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 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.
As of November 2023, the company had 276 SKUs along with 84 products from different categories, catering to various tastes and preferences.
Check out Gopal Namkeen IPO grey market premium, Kostak rates, and subject to cauda rates as of today.
GOPAL SNACKS IPO Details:
| Issuer | Gopal Namkeen IPO | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: 06 March 2024 | |
| Issue Closes: 11 March 2024 | ||
| Price Brand | ₹381 to ₹401 per share | |
| Issue Size | 650.00 Cr | |
| Face Value | ₹ 1 per share | |
| Market Lot | 37 Shares | |
| Retail (Max) | ₹192,881 | |
| QIB | 50% | |
| HNI | 15% | |
| Retail Individual | 35% | |
| Listing at | NSE & BSE | |
| ✔️ Apply With? | ANGEL Free DEMAT Account | |
| Total Shares | 16,209,476 shares | |
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Gopal Namkeen IPO GMP Rates day by day
Gopal Namkeen IPO Market Lot:
| 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 | 2,510 | ₹1,008,916 |
Gopal Namkeen IPO Date, Allotment & Listing:
Gopal Namkeen IPO
| Gopal Namkeen IPO Opening Date: | March 6, 2024 |
| Gopal Namkeen IPO Closing Date: | March 11, 2024 |
| Basis of Allotment: | March 12, 2024 |
| Initiation of Refunds: | March 13, 2024 |
| Credit to Demat Account: | March 13, 2024 |
| Listing Date: | March 14, 2024 |
Gopal Snacks Limited Financial Information (Restated)
Gopal Snacks Limited’s revenue increased by 3.1% and profit after tax (PAT) rose by 170.52% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 434.54 | 461.28 | 399.72 | 341.89 |
| Revenue | 677.97 | 1,398.54 | 1,356.48 | 1,129.84 |
| Profit After Tax | 55.57 | 112.37 | 41.54 | 21.12 |
| Net Worth | 346.10 | 290.88 | 177.66 | 135.74 |
| Reserves and Surplus | 333.17 | 277.60 | 176.56 | 135.03 |
| Total Borrowing | 26.05 | 106.37 | 164.12 | 138.99 |
| Amount in ₹ Crore | ||||
Key Performance Indicator
The market capitalization of Gopal Namkeen IPO is Rs 4996.64 Cr.
KPI as of September 30, 2023.
| KPI | Values |
|---|---|
| ROE | 16.05% |
| ROCE | 20.83% |
| Debt/Equity | 0.08 |
| RoNW | 16.05% |
| P/BV | 14.43 |
| PAT Margin (%) | 8.22 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 9.02 | 8.92 |
| P/E (x) | 44.47 | 44.96 |
Objects of the Issue (Gopal Namkeen IPO Objectives)
The Company will not receive any proceeds from the Offer (the “Offer Proceeds”) and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.
GOPAL SNACK IPO ALLOTMENT STATUS
How to Apply for Gopal Snacks IPO ?
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How to Apply Gopal Namkeen IPO through Zerodha?
Log in to the Console in the Zerodha Website or Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Gopal Namkeen IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open a Demat Account with Zerodha.
How to Apply Gopal Snacks IPO through Upstox?
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Gopal Namkeen IPO”. Click on the Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve – the mandate. Open a Demat Account with Upstox.
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before the UPI mandate expiry date. Please reach out to your bank in case funds are not unblocked/released after the mandate expiry date.
PARENT COMPANY FOR SHAREHOLDER QUOTA
IPO ALLOTMENT TIPS & TRICKS
Frequently Asked Questions
What is Gopal Snacks IPO?
Gopal Snacks IPO is a main-board initial public offering of 16,209,476 equity shares of the face value of ₹1 aggregating up to ₹650.00 Crores.
The issue price of the IPO is ₹381 to ₹401 Per Equity Share. The minimum order quantity is 37 Shares per application and the offer type is Book Built Issue.
The IPO opens on March 06, 2024 and closes on March 11, 2024.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Gopal Namkeen IPO will open?
The Gopal Namkeen IPO opens on March 06, 2024 and closes on March 11, 2024.
How to apply for Gopal Snacks IPO?
Gopal Snacks IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.
When Gopal Namkeen IPO allotment?
The finalization of Basis of Allotment for Gopal Namkeen IPO will be done on March 12, 2024, and the allotted shares will be credited to your demat account by March 13, 2024. Check the Gopal Namkeen IPO allotment status.
When is Gopal Snacks IPO listing date?
The Gopal Snacks IPO listing date is not yet announced. The tentative date of Gopal Snacks IPO listing is March 14, 2024.
What is the lot size of Gopal Namkeen IPO?
Gopal Namkeen IPO lot size is 37 Shares and the minimum order quantity is 1 Shares.