Gopal Snacks Limited IPO
₹381 - ₹401
37
9.5
| Open Date: | 06-Mar-2024 |
| Close Date: | 11-Mar-2024 |
| Allotment Date: | 12-Mar-2024 |
| Listing Date: | 14-Mar-2024 |
| Listing Price: | N/A |
| Face Value: | ₹1 Per Equity Share |
| Issue Price: | ₹381-401 Per Equity Share |
| Issue Size: | Total Issue Size 16,209,476 shares (aggregating up to ₹650.00 Cr) : Offer for Sale 16,209,476 shares of ₹1 (aggregating up to ₹650.00 Cr) |
| Market Lot (Min Amount): | Retail - ₹14,837 : S-HNI - ₹207,718 : B-HNI - ₹1,008,916 |
As on | QIB | Nll | Rll | EMP | Total |
|---|---|---|---|---|---|
| Shares Offered/Reserved | 3,224,439 | 2,418,329 | 5,642,768 | 96,419 | 11,381,955 |
| Day 1 - 06-03-24 05:00 PM | 0.00x | 0.52x | 0.97x | 1.81x | 0.61x |
| Day 2 - 07-03-24 05:00 PM | 0.10x | 1.71x | 2.13x | 3.45x | 1.48x |
| Day 3 - 11-03-24 05:00 PM | 18.42x | 10.00x | 4.22x | 7.27x | 9.50x |
| Total No. of Application: | 620,502 (Approx.) | ||||
| Retail Subscription on the basis of Apps: | 4.07x | ||||
| Earning Per Share(EPS) | ₹9.02/- |
| P/E Ratio | 44.47 |
| RoNW | 16.05% |
| Net Asset Value (NAV) - Post Issue: | ₹23.34/- |
| Total Assets | Total Revenue | Profit After Tax | |
|---|---|---|---|
| 31 Sep,2023 | 434.54 | 677.97 | 55.57 |
| 31 Mar,2023 | 461.28 | 1,398.54 | 112.37 |
| 31 Mar,2022 | 399.72 | 1,356.48 | 41.54 |
| 31 Mar,2021 | 341.89 | 1,129.84 | 21.12 |
| Pre Issue Share Holding | 93.50% |
| Post Issue Share Holding | N/A% |
| 1. Bipinbhai Vithalbhai Hadvani |
| 2. Dakshaben Bipinbhai Hadvani |
| 3. Gopal Agriproducts |
The Company will not receive any proceeds from the Offer (the "Offer Proceeds") and all the Offer Proceeds will be received by the Selling Shareholders, in proportion to the Offered Shares sold by the respective Selling Shareholders as part of the Offer.
Founded in 1999, Gopal Snacks Limited is an FMCG company that deals in ethnic and Western snacks, and other products in India and internationally.
The company offers a variety of snack products including ethnic snacks like namkeen and gathiya, as well as western snacks such as wafers, extruded snacks, and snack pellets. They also provide fast-moving consumer goods such as papad, spices, gram flour or besan, noodles, rusk, and soan papdi.
As of November 2023, the company had 276 SKUs along with 84 products from different categories, catering to various tastes and preferences.
As of September 2023, the company has sold its products to over 523 locations across 10 states and two Union Territories.
As of September 30, 2023, the sales and marketing team comprised 741 employees, complemented the extensive distribution network of three depots and 617 distributors. As of September 2023, the company has a fleet of 263 logistics vehicles to support its extensive distribution network.
The company has six manufacturing units out of which three are primary manufacturing units and three are ancilliary manufacturing units. The primary manufacturing units are in Nagpur, Maharashtra; Rajkot, Gujarat; and Modasa, Gujarat. The two ancillary units are situated in Rajkot, Gujrat and one unit is located in Madosa, Gujrat.
As of September 30, 2023, the six facilities had a total annual installed capacity of 404,728.76 MT. The three primary facilities, including the Rajkot facility that produces papad, had a capacity of 303,668.76 MT, while the three ancillary facilities had a capacity of 101,060.00 MT (excluding papad capacity).
As of September 30, 2023, 69 distributors in Gujarat have been associated with the company for more than ten years, representing 24.73% of the total distributors in Gujarat.
No financial information whatsoever published anywhere, within this application, should be considered as an advise to buy or sell securities or invest in IPOs, or as guide to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.
Also we are not a SEBi registered analyst comapny. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published on this application. Above information is based on information available as on date coupled with market perceptions.
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