Gopal Snacks Ltd. IPO

Gopal Snacks, India's savory king, tickles taste buds with a feast of flavors. Renowned for their "Gopal" brand, they are the leading ethnic snacks champion, holding the titles of largest gathiya and snack pellet maker in India, and ranking fourth in organized ethnic namkeen. Their empire extends beyond, encompassing western snacks, papads, spices, and more. Innovation reigns supreme, as Gopal boasts the highest fixed asset turnover, equity return, and capital employed return among peers. With revenue and profit soaring, Gopal is a snacking sensation, delighting palates across India and beyond.

RHP
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DRHP
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Open Date

2024-03-06

Close Date

2024-03-11

Gopal Snacks Ltd. IPO Details

Check out the issue details for Gopal Snacks Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 401

Price Band

₹ 381 - 401

Issue Size

650 Cr.

Issue Type

Book Built

Open

2024-03-06

Close

2024-03-11

Listingprice

₹ 351

ListingGain

-12.47%

Listing Date

2024-03-14

CMP

₹ 434.9

Current Return

8.45%

Gopal Snacks Ltd. News

Gopal Snacks informs about launch of product28 Oct, 12:29PM Gopal Snacks launches new flavour in snack pellets range 28 Oct, 12:14PM Gopal Snacks informs about analyst meet16 Oct, 2:52PM Gopal Snacks - Quaterly Results14 Oct, 4:22PM Gopal Snacks - Quaterly Results14 Oct, 4:22PM Gopal Snacks - Quaterly Results14 Oct, 4:22PM Gopal Snacks informs about AGM1 Oct, 4:47PM Gopal Snacks expands distributor network17 Sep, 9:58AM Gopal Snacks informs about newspaper publication 5 Sep, 3:33PM Gopal Snacks informs about communication to shareholders2 Sep, 4:44PM Gopal Snacks informs about AGM2 Sep, 4:36PM Gopal Snacks informs about analyst meet26 Aug, 3:19PM Gopal Snacks informs about investor meet19 Aug, 5:15PM Gopal Snacks launches new product ‘Soya Sticks’29 Jul, 5:42PM Gopal Snacks informs about press release 19 Jul, 1:48PM Gopal Snacks - Quaterly Results18 Jul, 5:00PM Gopal Snacks - Quaterly Results18 Jul, 5:00PM Gopal Snacks - Quaterly Results18 Jul, 5:00PM Gopal Snacks informs about compliances-certificate8 Jul, 4:46PM Gopal Snacks informs about launch of new product11 Jun, 12:53PM

Company Financials

You can get the following financial statements of Gopal Snacks Ltd. as of now.

Company Name

Gopal Snacks Ltd.

Exchange

NSE: GOPAL BSE: 544140

  Profit Loss
  Balance Sheet
  Quarterly
  Shareholding
  Cash Flow

The details about the Gopal Snacks Limited IPO is as:

  • The issue size of the IPO is 650 Cr.
  • The price band for Gopal Snacks Limited IPO is Rs 381 to Rs 401.
  • The shares of Gopal Snacks Limited IPO will list on 14th March 2024.
  • The latest tentative GMP of Gopal Snacks Limited IPO is Rs 25.
  • The employees of the company to get discount of Rs 38 per share in IPO. 
  • The shares of Gopal Snacks Limited IPO is subscribed 9.50 Times as of 11th March 2024. 

 

Gopal Snacks Limited IPO Valuation

The approx valuation of Gopal Snacks Limited IPO based on its price band and DRHP (prospectus) is:

Particulars Value
Upper Price Band Rs 401
Existing Shares (Qty) 12.46 Cr
Market Cap 4996.46 Cr
EPS (FY23) Rs 9.02
PE Ratio 44.45x
Industry PE 121.27x

 

Gopal Snacks Limited IPO Issue Size

Gopal Snacks Limited IPO issue size is 650 Cr. 

Issue Amount
Fresh Issue 0 Cr
Offer For Sale 650 Cr

 

Gopal Snacks Limited IPO Market Lot

An Individual can apply for a minimum 1 lot of 37 shares and a maximum of 13 lots of 481 shares. Find the details below:

Application Lot Shares Amount
 Minimum  1 37 14,837
 Maximum 13 481 1,92,881

 

Gopal Snacks Limited IPO share offer

The shares of Gopal Snacks Limited IPO is subscribed 9.50 Times as of 11th March 2024. The category-wise shares subscribed are as follows:

Category % Offered Subscription
Qualified Institutional Maximum 50% 18.52 Times
Non-Institutional Minimum 15% 10.00 Times
Retail Individual Minimum 35% 4.22 Times
Employee 96,419 Shares 7.28 Times
Total   9.50 Times

Find below the dates for Gopal Snacks Limited IPO:

Schedule Date
Basis of Allotment 12 March 2024
Refunds 13 March 2024
Credit to Demat Account 13 March 2024
IPO Listing Date 14 March 2024

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 1127.67 1350.94 1394.65 1402.5
Total Expenditure 1067.32 1256.14 1198.43 1234.09
Operating Profit 60.35 94.8 196.23 168.4
Other Income 0.98 4.31 3.89 4.41
Interest 10.88 13.92 10.84 5.27
Depreciation 23.96 31.13 37.42 35.75
Exceptional Items 0 0 0 0
Profit Before Tax 26.5 54.06 151.85 131.8
Provision for Tax 5.38 12.52 39.48 32.23
Net Profit 21.12 41.54 112.37 99.57
Adjusted EPS (Rs.) 0.17 0.33 0.9 0.8

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 1.13 1.13 12.46 12.46
Total Reserves 134.61 176.53 278.42 377.9
Borrowings 75.81 79.35 48.51 3.67
Other N/C liabilities 25.07 25.77 25.03 24.39
Current liabilities 105.27 116.94 96.86 120.12
Total Liabilities 341.89 399.72 461.28 538.54
Assets
Net Block 174.89 213.44 238.29 228.62
Capital WIP 43.39 45.13 9.81 12.74
Intangible WIP 0 1.72 0.13 0.45
Investments 0.56 1.68 2.43 1.93
Loans & Advances 2.4 4.04 4.33 7.03
Other N/C Assets 0.01 0.01 0.08 0.77
Current Assets 120.65 133.7 206.22 286.99
Total Assets 341.89 399.72 461.28 538.54
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2023 Mar 2024 Jun 2024 Sep 2024
Other Income 1.21 1.42 1.85 1.19
Profit Before Tax 26.55 30.27 33 38.84
Tax 8.66 4.16 8.7 9.94
Profit After Tax 17.89 26.11 24.3 28.89
Adjusted EPS (Rs) 1.44 2.1 1.95 2.32

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 81.49 0
Jun 2024 81.49 0
Mar 2024 81.49 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 26.5 54.06 151.85 131.8
Adjustment 34.07 44.4 47.18 40.12
Changes in Assets & Liabilities -32.18 -30.98 -36.32 -71.49
Tax Paid -5.95 -8.88 -41.18 -32.11
Operating Cash Flow 22.43 58.59 121.52 68.31
Investing Cash Flow -75.67 -74.04 -50.17 -4.19
Financing Cash Flow 57.5 11.75 -68.84 -43.59
Net Cash Flow 4.26 -3.69 2.52 20.53
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