Gopal Snacks IPO

Gopal Snacks Ltd

₹14,097 /37 sharesMinimum Investment

Gopal Snacks IPO Listing Details

Listed OnIssue PriceListing PriceListing Gains
--₹401.00₹351.00-₹50.00 (12.47%)

Gopal Snacks IPO Details

Bidding DatesMin. InvestmentLot SizePrice Range
6 Mar ‘24 - 11 Mar ‘24₹14,09737₹381 - ₹401
Issue Size
650.00Cr

About the company

Gopal Snacks Limited is a fast-moving consumer goods company in India with a major presence in Gujarat, offering a wide variety of savoury products under its 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 30, 2023, its product portfolio comprised 84 products with 276 SKUs across its various product categories. As of the date of this Red Herring Prospectus, the company operates six manufacturing facilities comprising three primary manufacturing facilities and three ancillary manufacturing facilities in India. Its three primary manufacturing facilities are located at Nagpur, Maharashtra; Rajkot, Gujarat; and Modasa, Gujarat and these facilities primarily focus on the manufacturing of its finished products. Its three ancillary manufacturing facilities primarily focus on producing besan or gram flour, raw snack pellets, seasoning and spices which are primarily used for captive consumption in the manufacturing of finished products such as gathiya, namkeen and snack pellets. Of the three ancillary manufacturing facilities, two ancillary manufacturing facilities are located at Rajkot, Gujarat and one ancillary manufacturing facility is located at Modasa, Gujarat.;
Parent organisation
Gopal Snacks Ltd

Strength and risks

Strengths
Risks
Its position in the Indian snack food market as an ethnic savouries brand with a significant presence in Gujarat coupled with our focus on quality and various offerings have helped us create a brand recognition.
Diversified product portfolio capable of capturing growing Indian snacks market.
Its position as a manufacturer of gathiya in India coupled with the growing popularity of gathiya as a snack, present opportunities for the company to expand in the gathiya segment.
Strategically located manufacturing facilities.

Financials

*All values are in Rs. Cr
No Graph Data To Display

Application details

Apply asPrice bandApply upto
Regular381 - 401₹2 Lakh
High Networth Individual381 - 401₹2 - 5 Lakh
For Gopal Snacks IPO, eligible investors can apply as Regular.
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