₹193.94 crores from the anchor investors. The allotment for the IPO is expected to be finalized on Tuesday, March 12, 2024, while the shares of the company may be listed on BSE and NSE on Thursday, March 14, 2024. Also Read: Gopal Snacks IPO opens for bidding: Check latest GMP, subscription status, review, key dates, more.
Apply or not? Here are 8 key things to know about the IPO from the RHP: 1. Gopal Snacks IPO price band: The price band of the IPO is fixed in the range of ₹381 to ₹401 per share of the face value of ₹1. The lot size is 37 equity shares and in multiples of 37 equity shares thereafter.
Also Read: Gopal Snacks IPO: Here are 10 things to know before subscribing to the issue 2. Gopal Snacks IPO size: This IPO is a book-built issue of ₹650 crore and is entirely an offer for sale of 1.62 crore shares. 3. Gopal Snacks IPO promoters: The promoters of the company are Bipinbhai Vithalbhai Hadvani, Dakshaben Bipinbhai Hadvani and Gopal Agriproducts.
4. Reservation: The FMCG company IPO has reserved not more than 50 per cent of the issue for QIB, not less than 35 per cent of the issue for retail investors and not less than 15 per cent of the net issue for NII. 5. Gopal Snacks IPO registrar and book-running manager: Intensive Fiscal Services Private Limited, Axis Capital Limited and JM Financial Limited are the book-running lead managers, while Link Intime India Private Ltd is the registrar for the issue.
Read more on livemint.com