Gopal Snacks IPO GMP: Check Subscription Dates, Issue Size Price Band, Allotment And Other Details

Gopal Snacks IPO GMP Today: Check the latest GMP, price band, subscription dates, allotment and other details here.
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Gopal Snacks IPO: Check the latest GMP, price band, subscription dates, allotment and other details here. (image source: iStock)

Gopal Snacks IPO GMP Today: The initial public offering of Gopal Snack or Gopal Namkeen is set to open for subscription on March 6, 2024. As the Gopal Namkeen IPO is just ahead. Check the latest GMP, price band, subscription dates, allotment and other details here.

Gopal Snacks IPO Issue Size

The Gopal Snacks IPO is a book-built issue with a total value of Rs 650.00 crores. The entire issue comprises an offer for sale of 1.62 crore shares.

Gopal Snacks IPO Subscription Window Opening Date

Gopal Snacks IPO is set to open for subscription on March 6, 2024.

Gopal Snacks IPO Subscription Window Closing Date

Gopal Snacks IPO will be open for six days and closes on March 11, 2024.

Gopal Snacks IPO GMP Today: Check Latest GMP Today

According to the various unlisted market tracking websites the grey market price (GMP) of Gopal Snacks is priced at Rs 120 per share.

Gopal Snacks IPO Price Band or Bidding Price

Gopal Snacks IPO has a fixed price band of Rs 381 to Rs 401 per share.

Gopal Snacks IPO Lot Size And Minimum Investment

Gopal Snacks IPO minimum lot size for an application is 37 shares, requiring a minimum investment of Rs 14,837 for retail investors. For sNII, the minimum lot size investment is 14 lots (518 shares) with a total amount of Rs 207,718, while for bNII, it is 68 lots (2,516 shares) amounting to Rs 1,008,916.

Gopal Snacks IPO Allotment Date

Allotment of Gopal Snacks IPO is anticipated to be determined by Tuesday, March 12, 2024.

Gopal Snacks IPO Listing Date

The listing of Gopal Snacks IPO on BSE and NSE is scheduled for Thursday, March 14, 2024.

Gopal Snacks IPO Book Running Lead Managers And Registrar

The book-running lead managers for the Gopal Snacks IPO are Intensive Fiscal Services Private Limited, Axis Capital Limited, and JM Financial Limited, with Link Intime India Private Ltd serving as the registrar for the issue.

About Gopal Snacks Or Gopal Namkeen

Gopal Snacks Limited founded in 1999, it is an FMCG company renowned for its diverse range of ethnic and Western snacks, including nankeen, gathiya, wafers, extruded snacks, and more. Offering 276 SKUs and 84 products, the company caters to varied tastes across 10 states and two Union Territories, reaching over 523 locations as of September 2023. The company has a team of 741 employees and a robust distribution network of three depots and 617 distributors, Gopal Snacks maintains a fleet of 263 logistics vehicles. The company operates six manufacturing units, including primary facilities in Nagpur, Maharashtra; Rajkot, Gujarat; and Modasa, Gujarat, with an annual installed capacity of 404,728.76 MT, according to the regulatory filing.
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