Exciting news for snack lovers! Gopal Snacks IPO set to open with a premium in the grey market. Get ready for the snack-tastic journey!
Gopal Snacks is creating a stir in the market with its upcoming IPO opening tomorrow. The shares are already trading at a premium of ₹100 in the grey market, indicating a potential listing price of ₹501. With a product portfolio boasting 84 products and 276 SKUs across various categories as of September 2023, Gopal Snacks has solid offerings. The IPO comprises an offer-for-sale of Rs 650 crore worth of shares by existing shareholders, attracting significant attention from institutional investors. Anchor investors like BofA Securities Europe SA, Bay Capital India Fund, and others have shown confidence by participating in the pre-IPO round, contributing Rs 194 crore. The public issue opens for subscription on March 6, 2024, with a price band of Rs 381-401 per share, creating a buzz in the market. Rajkot-based Gopal Snacks Limited is set to make its mark with the IPO launch, promising exciting opportunities for investors and snack enthusiasts alike.
In the world of IPOs, grey market premiums can often indicate the level of investor interest and potential listing prices. Gopal Snacks' premium in the grey market reflects positive expectations and strong demand from investors. The company's diverse product portfolio of 84 products with 276 SKUs showcases its commitment to providing a wide range of snack options to consumers, setting it apart in the competitive market of snack foods.
The shares of Gopal Snacks IPO are available at a premium of ₹100 in the grey market. This means that the estimated listing price is likely to be ₹501, ...
As of September 2023, its product portfolio comprised 84 products with 276 SKUs across our various product categories. The company operates six ...
Gopal Snacks IPO: The IPO comprises only an offer-for-sale (OFS) of Rs 650 crore worth shares by existing shareholders.
Those who participated in the anchor round are -- BofA Securities Europe SA, Bay Capital India Fund, ITI Mutual Fund, DSP Mutual Fund, Quant Mutual Fund, ...
The public issue of Gopal Snacks opens for subscription on Wednesday, March 6, 2024, and is available at a price band of Rs 381-401 per share. author ...
Rajkot-based Gopal Snacks Limited has fixed the price band at Rs 381 to Rs 401 per equity share of face value of Rs 1 each for its initial public offer.
Get latest articles and stories on Latest News at LatestLY. Gopal Snacks Ltd on Tuesday said it has garnered Rs 194 crore from anchor investors, ...
Gopal Snacks IPO includes an OFS of equity shares worth ₹650 crore by promoters and other investors. The IPO price band is set at ₹381-401 per share.
FMCG company Gopal Snacks tapped the primary market on March 6 with a Rs 650-crore public issue that has attracted the brokerage attention with robust ...
Gopal Snacks IPO: The price band has been fixed in the range of ₹381 to ₹401 per equity share of the face value of Re 1.
The issue is entirely an offer-for-sale (OFS) by the promoters and other shareholders of the company, cumulatively will offload shares worth Rs 650 crore.
Rajkot-based Gopal Snacks Ltd. is set to raise Rs 650 crore through an initial public offering, adding to the growing list of regional brands make their way ...
गोपाल स्नैक्स का IPO रिटेल निवेशकों के लिए खुल गया है. कंपनी IPO के जरिए कुल 650 करोड़ रुपये जुटाना चाहती है. बुधवार को खुला IPO 8 मार्च को ...
Gopal Snacks IPO: एफएमसीजी कंपनी गोपाल स्नैक्स (Gopal Snacks) ने आईपीओ खुलने से पहले एंकर निवेशकों से 193.95 करोड़ रुपये जुटा लिए।
Quality: Its three-year average ROE and ROCE are 26 and 25 per cent. It also reported positive cash flow from operations in each of the last three financial ...
The FMCG company has fixed the price band for its equity shares at Rs 381 to Rs 401 each, aiming to raise up to Rs 650 crore. Investors keen on participating in ...
गोपाल स्नैक्स का आईपीओ (Gopal snacks IPO) सब्सक्राइब करने के लिए बुधवार यानी 6 मार्च से खुल गया और यह 11 मार्च को बंद होगा।
Gopal Snacks sells a variety of ethnic snacks including namkeen and gathiya and Western snacks like wafers and extruded snacks under the brand name 'Gopal' ...
Gopal Snacks IPO: भारत और विदेशों में एथनिक और वेस्टर्न स्नैक्स समेत प्रोडक्ट्स तैयार करती है. एथनिक स्नैक्स में नमकीन और गाठिया बनाती ...
Gopal Snacks IPO is completely an offer for sale (OFS) of up to Rs 650 crore. The company garnered Rs 194 crore from anchor investors ahead of the IPO has ...
1.Gopal Snacks is significantly dependent on the sale of products namely, namkeen, gathiya and snack pellets. Its aggregate revenue from sale of namkeen, ...