Gopal Snacks IPO Allotment Status: Here’s How To Check Status And Latest GMP

March 10, 2024 Trading 2 min read

Gopal Snacks IPO Allotment Status: Here’s How To Check Status And Latest GMP

The Rs 650.00 crore Gopal Namkeen IPO is a book-built offering. The entire purpose of the issuance is to sell 1.62 crore shares.

On March 6, 2024, subscriptions for the Gopal Namkeen IPO begin, and it concludes on March 11, 2024. On Tuesday, March 12, 2024, the allocation for the Gopal Namkeen IPO is anticipated to be completed. The Gopal Namkeen Initial Public Offering (IPO) is scheduled to go live on the BSE and NSE on Thursday, March 14, 2024.

The pricing range for the Gopal Namkeen IPO is ₹381 to ₹401 per share. 37 Shares is the minimum lot size required for an application. Retail investors are required to invest a minimum of ₹14,837. For both sNII and bNII, the minimum lot size investment is ₹207,718 (14 lots/518 shares) or 68 lots (2,516 shares) for ₹1,008,916.

The Gopal Namkeen IPO‘s book running lead managers are Intensive Fiscal Services Private Limited, Axis Capital Limited, and JM Financial Limited, while the registrar is Link Intime India Private Ltd.

Here’s how you can check the allotment status of Gopal Snacks Limited IPO: 

Step 1: Go to the BSE website. 

Step 2: Choose ‘Equity’ and then the issue name from the selection menu.

Step 3: Enter your application number as well as your PAN card number and press ‘Search’.

You can also follow a similar procedure to check the allotment status on the Registrar’s website: 

Step 1: Go to the Link Intime India Private Limited website. 

Step 2: Select the IPO name by clicking on ‘Company Selection’.

Step 3: Input your PAN, application number, DP/Client ID, or account number/IFSC number and click on ‘Search’. 

If the details are input correctly, the status will appear only after allotment. The equity shares are expected to be credited to successful investors’ demat accounts on March 13, 2024.

Gopal Snacks Limited is an FMCG firm that was founded in 1999 and sells a variety of goods both domestically and abroad, including snacks from both Western and ethnic cultures. The company sells a range of snack goods, including western snacks like wafers, extruded snacks, and snack pellets, as well as ethnic snacks like namkeen and gathiya. Fast-moving consumer items such papad, spices, besan (gramme flour), noodles, rusk, and soan papdi are also offered by them.

In order to accommodate a wide range of interests and preferences, the company offered 84 products from various categories and 276 SKUs as of November 2023.

The business has sold its goods to more than 523 sites in ten states and two Union Territories as of September 2023. There are six manufacturing facilities owned by the company, of which three are primary and three are auxiliary. The main production facilities are located in Gujarat’s Rajkot, Maharashtra, and Modasa, Gujarat. 

Gopal Snacks Limited GMP 

Date GMP
March 04, 2024 ₹120
March 03, 2024 ₹120
March 02, 2024 ₹120
March 01, 2024 ₹120

The Gopal Snacks IPO’s most recent GMP, as of March 4, 2024, is ₹120. The expected listing price of the Gopal Snacks IPO, with a price band of 401.00, is ₹521 (cap price + today’s GMP).29.93% is the anticipated percentage gain or loss per share.


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