Gopal Snacks IPO GMP Today ( Grey Market Premium )

Gopal Snacks IPO GMP Today - Gopal Namkeen IPO GMP Today

The Gopal Snacks IPO commenced on March 6, 2024, and concluded on March 11, 2024. The allotment of shares took place on March 12, 2024, and the initiation of refunds began on March 13, 2024. The shares were credited to the demat accounts of investors on March 13, 2024. Finally, the listing of Gopal Snacks on the stock exchange occurred on March 14, 2024.

The Gopal Snacks IPO was priced at ₹381 to ₹401 per share, with a lot size of 37 shares. The total issue size was ₹650.00 crores, comprising a fresh issue of 650.00 crores. The IPO was listed on both the NSE and BSE.

In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.

Gopal Namkeen IPO Basic Details

Company NameGopal Snacks Limited
Domain of CompanyFMCG
Gopal Snacks IPO GMP Today₹122
Gopal Snacks IPO Listing Gain30.42%
Gopal Snacks IPO Open DateMarch 6, 2024
Gopal Snacks IPO Close DateMarch 11, 2024
Gopal Snacks IPO Allotment DateMarch 12, 2024
Gopal Snacks IPO Listing DateMarch 14, 2024
Face Value₹10 per share
Price₹381 to ₹401 per share
Lot Size37 Shares
Issue Size16,209,476 shares of ₹1
(aggregating up to ₹650.00 Cr)
Offer for Sale16,209,476 shares of ₹1
(aggregating up to ₹650.00 Cr)
Issue TypeBook Built Issue IPO
Listing AtNSE, BSE
Company PromotersBipinbhai Vithalbhai Hadvani,
Dakshaben Bipinbhai Hadvani and
Gopal Agriproducts

Gopal Snacks IPO GMP Today:

DateGMPListing GainKostakSubject to
5 March 2024₹12230.42%

Gopal Namkeen IPO Details:

Established in 1999, Gopal Snacks Limited is a company specializing in snacks and other products, operating in both India and internationally.

We offer a diverse range of snacks, from traditional namkeen and gathiya to western delights like wafers, extruded snacks, and snack pellets. Additionally, we provide essential consumer goods such as papad, spices, gram flour (besan), noodles, rusk, and soan papdi.

As of November 2023, our product portfolio includes 276 SKUs and 84 products spanning different categories, catering to a variety of tastes.

By September 2023, our products had reached 523 locations across 10 states and two Union Territories, reflecting our commitment to widespread availability.

Our sales and marketing team, consisting of 741 dedicated employees as of September 30, 2023, collaborates with a robust distribution network of three depots and 617 distributors. To ensure seamless distribution, we maintain a fleet of 263 logistics vehicles.

With six manufacturing units, three primary and three ancillary, we operate in Nagpur and Modasa, Gujarat, among other locations. These facilities collectively boast an annual installed capacity of 404,728.76 MT as of September 30, 2023.

Notably, 69 distributors in Gujarat have been loyal partners for over a decade, representing 24.73% of our total distributors in the state. Our enduring relationships highlight the trust and satisfaction we’ve built over the years.

Gopal Namkeen IPO More Details Click Here

Gopal Snacks IPO FAQs

When is Gopal Snacks IPO open?

Gopal Snacks IPO will open on 6 March 2024.

When is Gopal Snacks IPO Close?

Gopal Snacks IPO will be closed on 11 March 2024.

What is Gopal Snacks IPO GMP Today?

The Gopal Snacks IPO GMP aka Grey Market Premium is ₹122.

What is Gopal Snacks IPO Kostak Rates Today?

The Gopal Snacks IPO Kostak Rate is ₹000.

What is Gopal Snacks IPO Subject to Sauda Price Today?

The Gopal Snacks IPO subject to sauda rates is ₹000.

Gopal Snacks IPO Expected Returns?

The Gopal Snacks expected return is 30.42%.

How much will be the listing gain in Gopal Snacks IPO?

Gopal Snacks IPO will get listing gain of 30.42%. (Approx.)

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