Gopal Namkeen IPO
Updated: Mar 7, 2024
Established in 1999, Gopal Snacks Limited is a prominent FMCG company specializing in a wide range of ethnic and Western snacks, as well as various other products, both in India and globally. Diverse Product Range
Gopal Snacks offers an extensive assortment of snack products, encompassing ethnic treats like namkeen and gathiya, alongside Western delights such as wafers, extruded snacks, and snack pellets. Additionally, the company provides fast-moving consumer goods like papad, spices, gram flour (besan), noodles, rusk, and soan papdi.
Product Portfolio Highlights
With an impressive lineup of +250 Stock Keeping Units (SKUs) and +80 products spanning different categories, Gopal Snacks caters to a diverse array of tastes and preferences.
Manufacturing Facilities
The company operates six manufacturing units, including three primary facilities in Nagpur, Maharashtra; Rajkot, Gujarat; and Modasa, Gujarat. Additionally, three ancillary units are situated in Rajkot, Gujarat, and Modasa, Gujarat, contributing to the company's production capabilities. Proceed Utilization
It's important to note that the company will not receive any proceeds from the IPO. Instead, all funds raised will go to the Selling Shareholders, distributed in proportion to the Offered Shares sold by each respective Selling Shareholder. Gopal Namkeen IPO Details:
IPO Dates: 6 to 11 March 2024
Price Band: ₹381 to ₹401 per share
Lot Size: 37 Shares
Total Issue Size: 650 Crs
Retail Quota: 35%
GMP: +10% (Only for information)
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