Gopal Snacks Limited

Company Profile
Company Name Gopal Snacks Limited
Open Date 06-03-2024
Close Date 11-03-2024
Exchange BSE, NSE
Lot Size 37 Shares
Issue Price ₹381 to ₹401 per share
Issue Size 1,62,09,476 shares
Application Amount Min. Inv. - ₹ 14,837 (37 shares) Max. Inv. – ₹ 1,92,881 (481 shares)
Recommendation Apply

Gopal Snacks Limited was originally incorporated in the year 1999 and has its registered office in Rajkot, Gujarat, India. The company is a fast-moving consumer goods company in India with a major presence in Gujarat, offering a wide variety of savoury products under our brand ‘Gopal’, including ethnic snacks such as namkeen and gathiya, western snacks such as wafers, snack pellets and extruder snacks, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk and soan papdi which are semi-perishable in nature. As of September 30th, 2023, company’s product portfolio comprised 84 products with 276 SKUs across various product categories. As of September 30th, 2023, the Company had 3,303 employees on its payroll.

(Read more on the review)

Financial Summary in Cr.

For the Period Ended Mar-21 Mar-22 Mar-23 Sept-23
Total Assets 341.89 399.72 461.28 434.54
Net Assets 135.74 177.66 290.88 346.10
Total Borrowings 138.99 164.12 106.37 26.05
Total Revenue 1,129.84 1,356.4 1,398.5 677.97
Profit After Tax 21.12 41.54 112.37 55.57

Tentative Timeline

Opening Date 06/03/2024
Closing Date 11-03-2024
Basis of Allotment 12-03-2024
Initiation of Refunds 13-03-2024
Credit of Shares to Demat 13-03-2024
Listing Date 14-03-2024

Objects of the Issue

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.

Contact Information

Registered Office Gopal Snacks Limited - Plot Nos. G2322, G2323 and G2324 GIDC Metoda, Taluka Lodhika, Rajkot -360 021
Phone +91 28 2728 737

Registrar Details

Name Link Intime India Private Ltd
Phone +91-22-4918 6270

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue

Shareholding Pattern

Share Holding Pre Issue (Promoters) 93.50%
Share Holding Post Issue (Promoters) 81.49%

Contact Us to Enable Your Success!