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Open
6 Mar 2024
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Close
11 Mar 2024
3
Allotment
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Listing
Thu, Mar 14, 2024
Price Band
₹381 to ₹401
Issue Size
1,62,16,886 shares (agg. up to ₹650 Cr)
Lot Size
37 Shares
Listing Date
Thu, Mar 14, 2024
Latest GMP
₹-25
Est. Gain
-6.23%
✦ AI Insight
GMP Trend
14-03-2024₹-25Est. ₹376-6.23%
13-03-2024₹-25Est. ₹376-6.23%
12-03-2024₹-5Est. ₹396-1.25%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 6.88x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 434.54 | 461.28 | 399.72 | 341.89 |
| Total Income | 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 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Italian Edibles Ltd. | SME | ₹26.66 Cr | ₹68 | 27.94 | ₹57.75 | -15.07% | ₹35.00 (-2.78%) |
| Sonalis Consumer Products Ltd. | SME | ₹2.83 Cr | ₹30 | 6.56 | ₹39.90 | +33.00% | ₹37.81 (-3.03%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Achieve the benefits of listing the Equity Shares on the Stock Exchanges |
About Gopal Snacks IPO
Founded in 1999, Gopal Snacks Limited is an FMCG company that deals in ethnic and Western snacks, and other products in India and internationally. The company offers a variety of snack products including ethnic snacks like namkeen and gathiya, as well as western snacks such as wafers, extruded snacks, and snack pellets. They also provide fast-moving consumer goods such as papad, spices, gram flour or besan, noodles, rusk, and soan papdi. As of November 2023, the company had 276 SKUs along with 84 products from different categories, catering to various tastes and preferences. As of September 2023, the company has sold its products to over 523 locations across 10 states and two Union Territories. As of September 30, 2023, the sales and marketing team comprised 741 employees, complemented the extensive distribution network of three depots and 617 distributors. As of September 2023, the company has a fleet of 263 logistics vehicles to support its extensive distribution network. The company has six manufacturing units out of which three are primary manufacturing units and three are ancilliary manufacturing units. The primary manufacturing units are in Nagpur, Maharashtra; Rajkot, Gujara
Contact Details
Gopal Snacks Ltd. AddressPlot Nos.G2322, G2323 and G2324GIDC Metoda, TalukaLodhikaRajkot, Gujarat, 360021+91 28 2728 737cs@gopalsnacks.comVisit Website