Gopal Snacks
Gopal Snacks Info
Details about the Gopal Snacks IPO. Opening Date of Gopal Snacks is 06 Mar 24 and Closing Date is 11 Mar 24 . Face Value of Each share of Gopal Snacks is ₹1 per share. Price band of Gopal Snacks is ₹381 to ₹401. The Lot size of Gopal Snacks is 37 shares. Total issue size of Gopal Snacks IPO is ₹650 cr. Fresh Issue of Gopal Snacks IPO is - cr. Gopal Snacks IPO also includes offer for sale of ₹650 cr.This is a Book Building IPO. Expected to list on NSE & BSE. Share Holding Pre Issue of Gopal Snacks is 124,604,370. Share Holding Post Issue of Gopal Snacks is 124,604,370.
Business Summary
Gopal Snacks is a fast-moving consumer goods company in India with a major presence in Gujarat, offering a wide variety of savoury products under our brand ‘Gopal’, including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, snack pellets and extruder snacks, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi which are semi-perishable in nature.
As of September 30, 2023, Gopal Snacks product portfolio comprised 84 products with 276 SKUs across the various product categories.
Company operate six manufacturing facilities comprising three primary manufacturing facilities and three ancillary manufacturing facilities in India
Gopal Snacks IPO Details
| Open Date | 06 Mar 24 |
|---|---|
| Close Date | 11 Mar 24 |
| Face Value | ₹1 per shares |
| Price Band | ₹381 - ₹401 |
| Lot Size | 37 Shares |
| Employee Discount | ₹38 per Shares |
| Total issue Size | 16,209,476 Shares ₹650 cr |
| Fresh Issue | [.] Shares |
| Offer for Sale | 16,209,476 Shares (₹650 cr) |
| Issue Type | Book Building |
| Listing At | NSE & BSE |
| Share Holding Pre Issue | 124,604,370 |
| Share Holding Post Issue | 124,604,370 |
| RHP , DHRP | View RHP, View DRHP |
Gopal Snacks IPO Timeline
The Gopal Snacks Initial Public Offering (IPO) is set to open on 06 Mar 24 and will end its subscription phase on 11 Mar 24. You can check your allotment status for Gopal Snacks on 12 Mar 24. The refund process for your funds will start promptly on 13 Mar 24. Gopal Snacks IPO credit of shares will be on 13 Mar 24. The listing date for Gopal Snacks is on 14 Mar 24.
Open Date
Close Date
Basis Of Allotment
Initiation of Refund
Credit of Share
Listing Date
Gopal Snacks IPO Reservation
The Gopal Snacks IPO reserves shares for different investor categories. Approximately Not more than 50% of the Net Issue will be available for QIB, Not less than 15% of the Net Issue will be available for NII, Not less than 35% of the Net Issue will be available for Retail,
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of the Net Issue |
| NII | Not less than 15% of the Net Issue |
| Retail | Not less than 35% of the Net Issue |
Gopal Snacks IPO Lot Size
Bids can be made for minimum of 37 shares and in multiple of 37 equity shares thereafter
| Application | Lot | 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 | 2,516 | 1,008,916 |
Gopal Snacks IPO Promoters Holding
Promoters holding details for Gopal Snacks in the current issue is as follows: The share holding of promoters before the issue stands at 93.5%, and after the issue, it has been adjusted to -%.
Promoters of Gopal Snacks are Bipinbhai Vithalbhai Hadvani, Dakshaben Bipinbhai Hadvani, Gopal Agriproducts Private Limited,
| Share Holding Pre Issue | 93.5% |
|---|---|
| Share Holding Post Issue | -% |
Gopal Snacks Financial Information
Financial performance details for Gopal Snacks over the years are as follows: The table below presents key financial indicators, including Assets, Revenue, and Profit After Tax (PAT).
| Period | 30 Sept 23 | 31 Mar 23 | 31 Mar 22 | 31 Mar 21 |
|---|---|---|---|---|
| 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 |
Gopal Snacks IPO Key Performance Indicator
Key Performance Indicators (KPIs) for Gopal Snacks are outlined below. Monitoring these KPIs provides insights into the company's operational and strategic performance. The table presents various performance indicators along with their corresponding values.
| KPI | Value |
|---|---|
| P/E (x) | 44.47 |
| ROCE | 20.83% |
| ROE | 16.05% |
| RoNW | 16.05% |
| EPS (Rs) | 9.02 |
Object of the Issue
- • Company will not receive any proceeds from the Offer and all the Offer Proceeds will be received by the Selling Shareholders net of the Offer expenses.
- • General corporate purposes
Contact Details for Gopal Snacks
Phone
Office
Plot Nos. G2322, G2323 and G2324, GIDC Metoda, Taluka Lodhika, Rajkot -360 021, Gujarat, India
Registrar Details for Gopal Snacks
Link Intime India Private Ltd
Phone
Office
C-101, 1st Floor, 247 ParkL.B.S. Marg, Vikhroli West Mumbai 400 083, Maharashtra, India
Lead Manager
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