Gopal Snacks Limited IPO
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | March 6, 2024 |
| Close Date:- | March 11, 2024 |
| Allotment Date:- | March 12, 2024 |
| Listing Date:- | March 14, 2024 |
About Gopal Snacks Limited :-
Established in 1999, Gopal Snacks Limited operates as a fast-moving consumer goods (FMCG) company, specializing in a wide range of ethnic and Western snacks, along with various other products, both within India and internationally.
The company's product portfolio encompasses a diverse array of snack items, including traditional ethnic snacks like namkeen and gathiya, as well as Western-style snacks such as wafers, extruded snacks, and snack pellets. Additionally, they offer a selection of fast-moving consumer goods, including papad, spices, gram flour (besan), noodles, rusk, and soan papdi.
As of November 2023, Gopal Snacks Limited boasts an extensive product range, comprising 276 stock-keeping units (SKUs) across 84 different product categories, catering to a wide spectrum of tastes and preferences.
In terms of distribution, as of September 2023, the company has successfully penetrated over 523 locations spanning across 10 states and two Union Territories.
The sales and marketing operations are robust, with a team of 741 employees dedicated to these functions as of September 30, 2023. This team is supported by an extensive distribution network consisting of three depots and 617 distributors. Furthermore, the company maintains a fleet of 263 logistics vehicles to facilitate efficient product distribution.
Gopal Snacks Limited operates six manufacturing units, with three serving as primary facilities and three as ancillary units. The primary manufacturing units are strategically located in Nagpur, Maharashtra; Rajkot, Gujarat; and Modasa, Gujarat. The ancillary units, meanwhile, are situated in Rajkot and Modasa, Gujarat.
As of September 30, 2023, the combined annual installed capacity of these facilities stands at 404,728.76 metric tons (MT). The primary units contribute 303,668.76 MT to this capacity, with an additional 101,060.00 MT from the ancillary units (excluding papad capacity). Notably, the Rajkot facility specializes in papad production.
The company's long-standing relationships are evidenced by its association with 69 distributors in Gujarat for over a decade, representing 24.73% of the total distributors in the region as of September 30, 2023.
Contact Details :-
Address:- Gopal Snacks Limited Plot Nos. G2322, G2323 and G2324 GIDC Metoda, Taluka Lodhika, Rajkot -360 021
Phone:- +91 28 2728 737
E-mail:- cs@gopalsnacks.com
Website:- https://www.gopalnamkeen.com/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | Mainline |
| Price:- | ₹381 to ₹401 |
| Lot Size:- | 37 |
| Minimum Amount for 1 Lot:- | ₹14,837 |
| Listing At:- | BSE, NSE |
| Total issue of Shares:- | 1,62,09,476 |
| Total issue Size:- | ₹650 Crore |
| Fresh issue of Shares:- | 1,62,09,476 |
| Fresh issue Size:- | ₹650 Crore |
| Face Value:- | ₹1 per Equity Share |
| Retail Quota:- | 35% |
| QIB Quota:- | 50% |
| NII Quota:- | 15% |
Financial Information :-
Amount in ₹ Crore
| 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 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| ROE:- | 16.05% |
| ROCE:- | 20.83% |
| Debt/Equity:- | 0.08 |
| RoNW:- | 16.05% |
IPO Registrar :-
Name:- Link Intime India Private Ltd
Website:- https://linkintime.co.in/initial_offer/public-issues.html
IPO Prospectus :-
| Particulars | Link |
|---|---|
| Gopal Snacks Limited IPO DHRP:- | Click Here |
| Gopal Snacks Limited IPO RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 03-03-2024 | ₹120 | ₹521 | 29.93% |
| 04-03-2024 | ₹122 | ₹523 | 30.42% |
| 05-03-2024 | ₹65 | ₹466 | 16.21% |
| 06-03-2024 | ₹45 | ₹446 | 11.22% |
| 07-03-2024 | ₹21 | ₹422 | 5.24% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| March 6, 2024 | 0.00 | 0.52 | 0.97 | 0.52 | 0.52 | 0.61 |
| March 7, 2024 | 0.10 | 1.71 | 2.13 | 1.71 | 1.71 | 1.48 |
Allotment Status:-
| Particulars | Link |
|---|---|
| Check Allotment Status (available on March 12, 2024) | Click Here |
Gopal Snacks Limited IPO FAQ :-
What is the opening date for Gopal Snacks Limited IPO?
The Gopal Snacks Limited IPO opens on March 6, 2024.
What is the closing date for Gopal Snacks Limited IPO?
The Gopal Snacks Limited IPO closes on March 11, 2024.
When will the shares be allotted for Gopal Snacks Limited IPO?
Shares of Gopal Snacks Limited IPO will be allotted on March 12, 2024.
What is the listing date for Gopal Snacks Limited IPO?
The listing date for Gopal Snacks Limited IPO is March 14, 2024.
What is the price/ price range for Gopal Snacks Limited IPO?
The price/ price range for Gopal Snacks Limited IPO is ₹381 to ₹401.
What is the minimum lot size for the Gopal Snacks Limited IPO?
The minimum lot size for Gopal Snacks Limited IPO is 37 shares.
What is the minimum investment required for retail investors in the Gopal Snacks Limited IPO?
The minimum investment required for retail investors in the Gopal Snacks Limited IPO is ₹14,837.
What type of IPO is the Gopal Snacks Limited IPO?
The type of Gopal Snacks Limited IPO is Mainline.
What is the total issue size of the Gopal Snacks Limited IPO?
The total issue size of Gopal Snacks Limited IPO is ₹650 Crore.
How many shares are being offered in the Gopal Snacks Limited IPO?
Total 1,62,09,476 shares are being offered in the Gopal Snacks Limited IPO.
What is the face value of Gopal Snacks Limited IPO share?
The face value of Gopal Snacks Limited IPO share is ₹1.
Who is the registrar for the Gopal Snacks Limited IPO?
The registrar for the Gopal Snacks Limited IPO is Link Intime India Private Ltd.
Where can I check the IPO Allotment status for Gopal Snacks Limited IPO?
You can check the IPO Allotment status for Gopal Snacks Limited IPO at https://linkintime.co.in/initial_offer/public-issues.html.
What is the email address and website of Gopal Snacks Limited IPO?
The email address of Gopal Snacks Limited IPO is cs@gopalsnacks.com and website is https://www.gopalnamkeen.com/.
What is the Gopal Snacks Limited IPO GMP (Grey Market Premium) as of 07-03-2024 ?
The latest GMP for Gopal Snacks Limited IPO is ₹21 as of 07-03-2024 .