A New IPO Opens In Market Gopal Snacks IPO. IPO Applications Starts From 06-03-2024 and Ends on 11-03- 2024. Gopal Snacks ipo Price Range is Rs 381 to 401 and Lot Size Is 37 Shares Per Lot. The Minimum Investment For One Lot Is Rs 14,097 and The Maximum Price is Rs 14,837 Per Lot.
Gopal Snacks IPO Issue Size Is Rs 650 Cr. Regular Retail Investors invest up to Rs 2,00,000 and High Networth Individuals Invest Up to Rs 5,00,000.
Gopal Snacks IPO GMP
As Of 12-03-2024 Gopal Snacks Grey Market Premium(GMP) Is Around ₹10
Gopal Snacks IPO Listing Price Prediction
On The Listing Day Gopal Snacks Share Price Opens At Range of between ₹391 to ₹412 And Stock Price Trade About 2% Higher On the Listing Day Of THE Given Issue Price. Grey Market Prize does not Indicate the stock prize Invest in your Research And Analysis.
Gopal Snacks (Gopal Namkeen) Issue Size Of IPO
Issue Size Of Gopal Snacks Ipo Is ₹650cr
Prize Band Of Gopal Snacks IPO
The Prize Band Of IPO Is ₹381-₹401
Subscription Rate Of Gopal Namkeen IPO
As Of 11, March 2024, 05:00 PM, Gopal Snacks IPO Subscription Rate in the Below Table.
| Qualified Institutional Buyers | 17.50x |
| Non-Institutional Investors | 9.50x |
| Retail Individual Investor | 4.01x |
| Employees | 6.88x |
| Total | 9.02x |
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Financials Of Company
Revenue: The Company’s Revenue Of 2023 Is ₹1394.70cr and in 2022 the Revenue is around ₹1352.20cr or In 2021 Gopal Snacks Revenue is around ₹1128.90cr.
Profit: Talk About Company’s Profits In 2023 is Around ₹112.37cr and In 2022 The Profit Is ₹41.54cr or In 2021 Gopal Snacks Profit Is Around ₹21.12cr
Assets Information: The Assets Of The Company Grow Year by Year in 2023 The Company’s Asset is Around ₹461.28cr and in 2022 The Company Holds assets of ₹399.72cr In 2021 Gopal Snacks Assets is ₹341.89cr
Source: Gopal Snacks Limited
About the Gopal Snacks Limited Company
Gopal Snacks Limited (Gopal Namkeen) Established in 2009. Gopal Snacks Limited Managing Director is Mr. Bipinbhai Vithalbhai Hadvani. Gopal Snacks Limited is a Growing FMCG Company. Gopal Snacks (Gopal Namkeen) is located in India. Gopal Snacks is famous for its namkeen supply in the local Indian market.
The company produces Ethnic snacks, western snacks, and other products for exports and the Indian market. The company offers Western snacks like wafers and snack pellets. Gopal Snacks also offers Indian snacks Papad, spices, besan (gram flour), noodles, rusk, and soan papdi (a sweet dish).
Gopal Snacks sells its products across 10 states and 2 Union Territories in India. As of September, 2023. Gopal Snacks have 84 different products and 276 SKU’s in their Product Category.
Conclusion
In conclusion, for investors seeking to gain exposure to the expanding Indian FMCG sector, Gopal Snacks Limited offers a good investment opportunity. Positive indicators include their well-established distribution network, varied product variety, and great brand recognition. It’s also good that they are focusing on profitability and financial performance. Before making a final choice, those interested should carefully assess the competitive environment, rising interest rates, and the inherent risks of an initial public offering. A financial advisor’s advice and in-depth investigation are essential for making well-informed investment decisions in Gopal Snacks Limited.
FAQ’S
What is the issue size of Gopal Snacks IPO?
The Issue Size Of Gopal Snacks Ipo Is ₹650cr
What is the Price Band of Gopal Snacks Limited IPO?
The Prize Band Of Gopal Snacks Limited IPO Is ₹280-₹295
Who is the Managing Director of Gopal Snacks Limited?
Mr. Bipinbhai Vithalbhai Hadvani is the Managing Director of Gopal Snacks.
What is the current Market Price of Gopal Snacks Limited?
The Current Market Price Of Gopal Snacks Limited is ₹337.85 as of 10, April 2024.