Gopal Snacks Limited IPO
Gopal Snacks Limited IPO is listed on BSE and NSE, priced at ₹381–₹401 per share. The stock debuted at ₹351. The IPO had a lot size of ₹37 shares and a minimum investment of ₹14,837.
Gopal Snacks Limited IPO
- IPO Dates
- Mar 6, 2024 – Mar 11, 2024
- Price band
- ₹381-401 per equity share
- Minimum Investment
- ₹14,837
- Issue size
- ₹650 Cr
- Lot size
- 37
- Allotment Date
- Mar 12, 2024
- Listing
- Mar 14, 2024
- Listing At
- BSE, NSE
IPO timeline
-
Mar 6, 2024
Open Date
Completed
-
Mar 11, 2024
Close Date
Completed
-
Mar 12, 2024
Allotment Date
Completed
-
Mar 14, 2024
Listing Date
Completed
Price Summary
- Last closing
- 297.55 (-25.8%)
- 52 week high
- 398.00
- 52 week low
- 247.55
- Last update
Gopal Snacks Limited IPO Essentials
Gopal Snacks Limited IPO Details
Gopal Snacks Limited IPO is priced at ₹381-401 per share with a total issue size of 650 crore. The IPO has a lot size of 37 shares and is listed on BSE and NSE.
- Issue price
- ₹381-401 per equity share
- Lot size
- 37 shares
- Face value
- ₹1 Per Equity Share
- Issue size
- OFS : 16,209,476 shares(aggregating up to ₹650.00 Cr)
- Total issue size
- 1,62,18,612 shares
(aggregating up to ₹650 crore) - Offer for sale (OFS)
- 1,62,18,612 shares
(aggregating up to ₹650 crore) - Listing at
- BSE, NSE
- List price
- 351.0(NSE)
- Listing date
- Registrar
- Link Intime India Private Ltd
- Lead manager
-
Intensive Fiscal Services Private Limited, Axis Capital Limited, Jm Financial Limited
Market Lot Size
Investors can bid for a minimum of 37 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 37 | ₹14,837 |
| Retail(max) | 13 | 481 | ₹1,92,881 |
| sHNI(min) | 14 | 518 | ₹2,07,718 |
| sHNI(max) | 67 | 2,479 | ₹9,94,079 |
| sHNI(min) | 68 | 2,516 | ₹10,08,916 |
Gopal Snacks Limited IPO Reservation
Gopal Snacks Limited IPO reservation details show category-wise allocation of shares. Out of the total 16,218,612 shares, approximately 19.88% are reserved for QIB, 14.91% for NII, 34.79% for retail investors, 0.59% for employees, and 29.82% for anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 4,836,657 (29.82%) | |
| QIB Shares Offered | 3,224,439 (19.88%) | |
| NII (HNI) Shares Offered | 2,418,329 (14.91%) | |
| bHNI > ₹10L | 1,612,220 (9.94%) | 3,112 |
| sHNI < ₹10L | 848,425 (5.23%) | 1,637 |
| Retail Shares Offered | 5,642,768 (34.79%) | 152,507 |
| Employee Shares Offered | 96,419 (0.59%) | |
| Total Shares Offered | 16,218,612 (100%) |
Gopal Snacks Limited IPO Analytics
Gopal Snacks Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Gopal Snacks Limited IPO Subscription Status
Gopal Snacks Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
bHNI
sHNI
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 3,224,439 |
2,418,329
1,612,220
848,425
|
5,642,768 | 11,381,955 |
|
Day 1
06-03-24 05:00 PM
|
0.00 x |
0.49x
0.31x
0.84x
|
0.89 x | 0.56 x |
|
Day 2
07-03-24 05:00 PM
|
0.09 x |
1.63x
1.21x
2.46x
|
2.01 x | 1.40 x |
|
Day 3
11-03-24 05:00 PM
|
17.50 x |
9.50x
10.18x
8.12x
|
4.01 x | 9.02 x |
Gopal Snacks Limited Valuations
Earnings
- EPS Pre IPO
- ₹9.02/-
- EPS Post IPO
- ₹8.92/-
- P/E Pre IPO
- 44.47
- P/E Post IPO
- 44.96
Returns
- ROE
- 16.05%
- ROCE
- 20.83%
- RoNW
- 16.05%
- PAT Margin
- 8.22
Fundamentals
- Debt / Equity
- 0.08
- Price / Book
- 14.43
Gopal Snacks Limited Financials( In Crs.)
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 461.28 | 399.72 | 341.89 |
| Revenue | 1,398.54 | 1,356.48 | 1,129.84 |
| Profit After Tax | 112.37 | 41.54 | 21.12 |
| Net Worth | 290.88 | 177.66 | 135.74 |
| Reserves & Surplus | 277.60 | 176.56 | 135.03 |
| Total Borrowing | 106.37 | 164.12 | 138.99 |
Gopal Snacks Limited Company & Offer Insights
About Gopal Snacks Limited
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, Gujarat; and Modasa, Gujarat. The two ancillary units are situated in Rajkot, Gujrat and one unit is located in Madosa, Gujrat.
As of September 30, 2023, the six facilities had a total annual installed capacity of 404,728.76 MT. The three primary facilities, including the Rajkot facility that produces papad, had a capacity of 303,668.76 MT, while the three ancillary facilities had a capacity of 101,060.00 MT (excluding papad capacity).
As of September 30, 2023, 69 distributors in Gujarat have been associated with the company for more than ten years, representing 24.73% of the total distributors in Gujarat.
Gopal Snacks Limited Promoter(s)
Bipinbhai Vithalbhai Hadvani, Dakshaben Bipinbhai Hadvani, Gopal Agriproducts are the company's promoters of Gopal Snacks Limited.
Gopal Snacks Limited IPO Issue Objectives
- •
- The Company will not receive any proceeds from the Offer (the Offer Proceeds) and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.
Gopal Snacks Limited IPO - Anchor Investors
Gopal Snacks IPO: Institutional investors pick Rs 194 crore worth shares via anchor book.
Ashoka Whiteoak ICAV, Whiteoak Capital Mutual Fund, DSP Mutual Fund, Quant Mutual Fund, 360 One Special Opportunities Fund, and Natixis International Funds invested in the company through anchor book.
Further, Optimix Wholesale Global Emerging Markets Share Trust, BNP Paribas Funds, HDFC Life Insurance Company, ITI Mutual Fund, Leading Light Fund VCC, Bay Capital, India Fund, BofA Securities Europe SA, and Copthall Mauritius Investment also participated in the anchor book.
Gopal Snacks Limited IPO - Peers Comparison
| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Gopal Snacks Limited | 9.02 | 9.02 | 23.34 | N/A | 38.63 | N/A | N/A |
| Bikaji Foods International Limited | 5.15 | 5.14 | 38.22 | 104.67 | 14.15 | 9.49 | Consolidated |
| Prataap Snacks Ltd | 8.51 | 8.51 | 288.33 | 137.87 | 3.1 | 2.55 | Consolidated |
Notes:
- P/E Ratio: For listed peers, the P/E Ratio has been computed based on the closing market price of equity shares on BSE on November 15, 2023 divided by the Basic EPS provided under Note 2 below.
- EPS: Basic & Diluted EPS refers to the EPS sourced from the financial results/annual reports of the respective company for the year ended March 31, 2023.
- NAV: NAV is computed as the Equity attributable to owners of the company at the end of year March 31, 2023 divided by the equity shares outstanding as on March 31, 2023.
- RONW %: RONW is sourced from the financial results/annual reports of the respective company for the year ended March 31, 2023.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Gopal Snacks Limited IPO is a book-built IPO worth ₹650 crore. The price band is ₹381–₹401 per share. The IPO opens on Mar 6, 2024 and closes on Mar 11, 2024. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.
The price band of Gopal Snacks Limited IPO is ₹381 to ₹401 per share.
The lot size of Gopal Snacks Limited IPO is 37 shares.
The minimum investment for Gopal Snacks Limited IPO is approximately ₹14,837 based on the upper price band .
Gopal Snacks Limited IPO opens on Mar 6, 2024 and closes on Mar 11, 2024.
The allotment date of Gopal Snacks Limited IPO is Mar 12, 2024.
Gopal Snacks Limited IPO is expected to be listed on Mar 14, 2024, on BSE and NSE .
Gopal Snacks Limited IPO listed on Mar 14, 2024. It was issued at ₹351.0(NSE) and is currently around ₹297.55 as on 14-May-2026 3:30 PM, which is approximately -25.8% versus issue price. The 52-week high is ₹398.00.
Based on listing and post-listing performance, Gopal Snacks Limited IPO delivered around -25.8% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Gopal Snacks Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Gopal Snacks Limited IPO valuation snapshot: P/E 44.96, EPS ₹8.92/-, P/B 14.43, RoNW 16.05%, and market cap N/A.
To apply for Gopal Snacks Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Gopal Snacks Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Gopal Snacks Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Gopal Snacks Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Gopal Snacks Limited IPO allotment status on IPO Ji for quick and easy access.