.png){kind=logo}
Gopal Snacks IPO is a book-built issuance of Rs 650.00 crore. The issuance is essentially an offer to sell 1.62 crore shares. The Gopal Namkeen IPO will be up for IPO subscription on March 6, 2024, and end on March 11, 2024. The allotment for the Gopal Namkeen IPO is anticipated to be completed on Tuesday, March 12, 2024. The Gopal Snacks IPO will be listed on the BSE and NSE, with an anticipated listing date of Thursday, March 14, 2024.
Gopal Namkeen's IPO price ranges from ₹381 to ₹401 per share. An application requires a minimum lot size of 37 shares. Retail investors must make a minimum investment of ₹14,837. The minimum lot size investment for sNII is 14 lots (518 shares), equating to ₹207,718, while for bNII, it is 68 lots (2,516 shares), totaling ₹1,008,916. The issuance includes a reserve of up to 96,419 shares for workers, which are offered at a Rs 38 reduction to the issue price.
The book-running lead managers for the Gopal Namkeen initial public offering are Intensive Fiscal Services Private Limited, Axis Capital Limited, and JM Financial Limited, with Link Intime India Private Ltd serving as the registrar. The Gopal Namkeen IPO provides 16,218,612 shares. 3,224,439 (19.88%) to QIB; 2,418,329 (14.91%) to NII; 5,642,768 (34.79%) to RII; 96,419 (0.59%) to workers; and 4,836,657 (29.82%) to Anchor investors. 152,507 RIIs will get a minimum of 37 shares, while 1,637 (sNII) and 3,112 (bNII) will receive at least 518 shares. (In case of oversubscription)
The Gopal Namkeen IPO received Rs 193.95 crore from anchor investors. Gopal Namkeen's IPO anchor bid date is March 5, 2024. Gopal Namkeen IPO Anchor Investors List. The Gopal Namkeen IPO starts on March 6, 2024, and closes on March 11, 2024. Investors can bid on a minimum of 37 shares or multiples thereof. The table below illustrates the minimum and highest investment amounts made by regular investors and high-net-worth individuals. The company's founders are Bipinbhai Vithalbhai Hadvani, Dakshaben Bipinbhai Hadvani, and Gopal Agriproducts.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
