GOPAL IPO APPLY OR AVOID ?
Channel: Ketan Mali
Date: 2024-03-06

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Gopal Namkeen IPO is a book built issue of Rs 650.00 crores. The issue is entirely an offer for sale of 1.62 crore shares.

Gopal Namkeen IPO opens for subscription on March 6, 2024 and closes on March 11, 2024. The allotment for the Gopal Namkeen IPO is expected to be finalized on Tuesday, March 12, 2024. Gopal Namkeen IPO will list on BSE, NSE with tentative listing date fixed as Thursday, March 14, 2024.

Gopal Namkeen IPO price band is set at ₹381 to ₹401 per share. The minimum lot size for an application is 37 Shares. The minimum amount of investment required by retail investors is ₹14,837. The minimum lot size investment for sNII is 14 lots (518 shares), amounting to ₹207,718, and for bNII, it is 68 lots (2,516 shares), amounting to ₹1,008,916.

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.

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