Gopal Snacks IPO Date, Review, Price, Allotment Details

Gopal Snacks is a fast-moving consumer goods company in India, offering ethnic snacks, stern snacks, and other products across India and internationally. In Fiscal 2023, they are the fourth largest brand in the organized sector of ethnic savories (including gathiya) in terms of market share in India and the largest manufacturer of gathiya (in terms of production volume and sales revenue) and snack pellets (in terms of production volume) in India (Source: F&S Report).

In Fiscal 2023, they’re the second largest organized ethnic namkeen manufacturer in Gujarat with Gujarat among the top states with high consumption of snacks in India, and the fourth largest packaged ethnic namkeen manufacturer in India, each in terms of sales revenue (Source: F&S Report). Further, they are the fourth largest papad manufacturer in terms of sales revenue in India (Source: F&S Report). They offer a wide variety of savoury products under their brand ‘Gopal’, including ethnic snacks such as nankeen and gathiya, stern snacks such as wafers, extruded snacks, and snack pellets, along with fast-moving consumer goods that include papad, spices, gram flour or besan, noodles, rusk, and soan papdi.

Over the years, they have leveraged their experience and understanding of the preferences and tastes of their consumers, and target markets to develop a wide range of products, which has enabled us to strengthen their foothold in the Indian snacks industry. As of the date of this Draft Red Herring Prospectus, their product portfolio comprised 84 products with 276 SKUs across their various product categories, thereby addressing a wide variety of tastes and preferences.

Gopal Snacks has expanded its footprint across India, with its products being sold in over 523 locations in ten States and two Union Territories as of September 30, 2023. Their extensive distribution network comprised three depots and 617 distributors, complemented by their sales and marketing team comprising 741 employees, as of September 30, 2023. They also rely on channels such as e-commerce, modern trade, and exports for the sale of their products. They have implemented a distribution management system that helps us coordinate with their distributors and provides visibility on their inventory levels and distributor sales, enabling us to optimize their distribution network. It also offers real-time insights into demand for their products, allowing us to make data-driven decisions, plan their operations, and meet the demands of their consumers in a timely and effective manner. In addition, as of September 30, 2023, they owned a fleet of 263 logistics vehicles to support their extensive distribution network.

Objects of the Issue

• To be updated soon

Gopal Snacks IPO Review (Apply or Not)

• To be updated soon

Brokerage Firm IPO Review

• Capital Market: To be updated soon
• Religare Broking: To be updated soon
• Hem Securities: To be updated soon
• Arihant Capital: To be updated soon

Gopal Snacks IPO Date & Price Band Details

Gopal Snacks IPO Market Lot

The Gopal Snacks IPO minimum market lot is 37 shares with ₹14,837 application amount. The retail investors can apply up-to 13 lots with 481 shares or ₹192,881 amount.

Gopal Snacks IPO Allotment & Listing Dates

The Gopal Snacks IPO date is March 6 and the close date is March 11. The Gopal Snacks IPO allotment will be finalized on March 12 and the IPO listing on March 14.

You can check IPO subscription status and IPO allotment status on their respective pages.

Gopal Snacks IPO Form

How to apply for the Gopal Snacks IPO? You can apply for Gopal Snacks IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Gopal Snacks IPO in the Invest section. The other option is you can apply for Gopal Snacks IPO via IPO forms downloaded via NSE and BSE. Check out the Gopal Snacks forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Gopal Snacks Company Financial Report

Gopal Snacks IPO Valuation – FY2023

Check Gopal Snacks IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Bikaji Foods International Limited
• Prataap Snacks Limited

Company Promoters

• Bipinbhai Vithalbhai Hadvani
• Dakshaben Bipinbhai Hadvani
• Gopal Agriproducts

Gopal Snacks IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/

Gopal Snacks IPO Allotment Status Check

Check Gopal Snacks IPO allotment status on Linkintime website allotment URL. Click Here

Gopal Snacks IPO Lead Managers aka Merchant Bankers

• Intensive Fiscal Services Private Limited
• Axis Capital Limited
• JM Financial Limited

Company Address

Gopal Snacks Limited
Plot Nos. G2322, G2323 and G2324
GIDC Metoda, Taluka Lodhika
Rajkot – 360 021, Gujarat
India
Phone: +91 28 2728 7370
E-mail: [email protected]
Website: www.gopalnamkeen.co

Gopal Snacks IPO FAQs