Gopal Snacks IPO GMP

Gopal Snacks IPO Buzz: All You Need to Know

Exciting updates on Gopal Snacks IPO pricing and subscription details! Find out more here.

The highly anticipated Gopal Snacks IPO is making waves in the market, with the offering opening for bidding today. The IPO includes an offer for sale (OFS) of equity shares worth ₹650 crore by promoters and investors. Priced in the range of ₹381-401 per share, investors are eagerly watching the grey market premium (GMP) for potential gains.

As of September 2023, Gopal Snacks boasted an impressive product portfolio comprising 84 products with 276 SKUs across various categories. With the company raising ₹194 crore from anchor investors, the stage is set for a successful IPO subscription. Retail investors have a 35% quota, QIBs 50%, and NIIs 15%.

Investors eyeing the Gopal Snacks IPO must act swiftly as the subscription period is limited. The FMCG company aims to raise up to ₹650 crore with the IPO. Don't miss out on this opportunity to be part of the latest buzz in the market!

In a surprising turn of events, Gopal Snacks IPO garnered significant interest from anchor investors, raising ₹194 crore before the official opening. This indicates strong market confidence in the company's growth prospects. Additionally, with a wide range of products and a robust financial backing, Gopal Snacks is poised to capture a sizable market share in the snack industry.