IPO Trending
GOPALEQ / NSE, BSEListed
Gopal Snacks

Gopal Snacks Limited, established in 1999, has solidified its presence in the FMCG sector by offering a diverse range of ethnic and Western snacks, along with other consumer goods in India and globally. With an extensive portfolio of 276 SKUs across 84 categories as of November 2023, the company caters to a broad spectrum of consumer preferences. Its expansive distribution network spans 523 locations across 10 states and two Union Territories, supported by a dedicated sales and marketing team of 741 employees. Operating six strategically located manufacturing units, including primary facilities in Nagpur (Maharashtra), Rajkot (Gujarat), and Modasa (Gujarat), Gopal Snacks boasts a total annual installed capacity of 404,728.76 MT as of September 2023. With a strong foundation of long-standing distributor relationships, particularly in Gujarat—where 69 distributors have been associated for over a decade—the company continues to strengthen its market position, ensuring sustained growth in the competitive FMCG landscape.

₹380 - ₹4019.5x sub
Listed Price₹351.00
Listing Gain-12.47%

IPO Schedule & Timeline

Book Built Issue IPO
Open06 Mar 2024
Close11 Mar 2024
Allotment12 Mar 2024
Listing14 Mar 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail56,42,768 shares
34.81%
Nii(hni)24,18,329 shares
14.92%
QIB32,24,439 shares
19.89%
Employees96,419 shares
0.59%

Minimum Application Lots

Retail1 Lot (37 shares)
₹14,837
sHNI14 Lots (518 shares)
₹2,07,718
bHNI68 Lots (2,516 shares)
₹10,08,916

Company Promoters

Bipinbhai Vithalbhai HadvaniDakshaben Bipinbhai HadvaniGopal Agriproducts

Company Background

Gopal Snacks Limited, established in 1999, has solidified its presence in the FMCG sector by offering a diverse range of ethnic and Western snacks, along with other consumer goods in India and globally. With an extensive portfolio of 276 SKUs across 84 categories as of November 2023, the company caters to a broad spectrum of consumer preferences. Its expansi...

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (30 Sep 2023 )₹677.97 Cr
Growth-40.0%
Revenue Trend (₹ in Crores)
0.0536.11.1k1.6kMar 2021Mar 2022Mar 2023 30 Sep 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
30 Sep 2023 677.9755.57434.5426.05
Mar 2023 1,398.54112.37461.28106.37
Mar 20221,356.4841.54399.72164.12
Mar 20211,129.8421.12341.89138.99

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Sep-23 4.4616.05%20.83%14.4344.47
Mar-23 9.0238.63%43.08%00
Mar-223.3323.38%18.69%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
12 Mar 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
14 Mar 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Gopal Snacks. Check with PAN or Application No.

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Stock Exchange Portal
BSE India Investor Portal

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Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization12 Mar 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date14 Mar 2024Trading commences on exchange

How to Check Gopal Snacks Allotment Online

1Open Portal

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3Enter Details

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4View Allocation

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About Gopal Snacks IPO

Complete issue overview for Gopal Snacks (GOPAL) IPO. The issue features an equity share price band of ₹380 – ₹401 per share with a minimum retail lot size of 37 Shares (minimum application amount of ₹14,837). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions