Gopal Snacks IPO: Price band set at ₹381-401 per share; check issue details, key dates, more
₹381 to ₹401 per equity share of the face value of Re 1. The Gopal Snacks IPO date of subscription is scheduled for Wednesday, March 6, and will close on Monday, March 11.
The allocation to anchor investors for the Gopal Snacks IPO is scheduled to take place on Tuesday, March 5. The floor price is 381 times the face value of the equity shares and the cap price is 401 times the face value of the equity shares.
The price/earnings ratio based on diluted EPS for fiscal 2023 at the floor price is 42.24 times and at the cap price is 44.46 times as compared to the average industry peer group P/E ratio of 121.27. The Gopal Snacks IPO lot size is 37 equity shares and in multiples of 37 equity shares thereafter.
Also Read: Exicom Tele Systems IPO: Issue subscribed 129.54 on last day; retail portion booked 119.59x; check GMP Gopal Snacks IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors. The employee portion has been reserved equity shares aggregating up to ₹3.5 crore.
A discount of ₹38 per equity share is being offered to eligible employees bidding in the employee reservation portion. "Exciting news! Mint is now on WhatsApp Channels
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