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graph-market IPO

Gopal Snacks Ltd

Registered Office: Plot No G2322,G2323,G2324,GIDC Metoda Taluka Lodhika, Rajkot - 360021, Gujarat, India.
Phone : +91 28 2728 7370   Fax:
Email :  cs@gopalsnacks.com  
Website :  www.gopalnamkeen.com

Initial public offering of up to 1,62,16,886 equity shares of face value of Re. 1 each ("Equity Shares") of Gopal Snacks Limited ("Company" or "Issuer") for cash at a price of Rs. 401 per equity share (including a share premium of Rs. 400 per equity share) ("Offer Price") through an offer for sale of upto 1,62,16,886 equity shares aggregating up to Rs. 650.00 crores ("Offer for Sale" or "Offer") by the selling shareholders (as defined below), comprising of up to 1,995,924 equity shares aggregating up to Rs. 80.00 crores by Bipinbhai Vithalbhai Hadvani, up to 12,973,510 equity shares aggregating up to Rs. 520.00 crores by Gopal Agriproducts Private Limited (collectively with Bipinbhai Vithalbhai Hadvani, the "Promoter Selling Shareholders") and up to 1,247,452 equity shares aggregating up to Rs. 50.00 crores by Harsh Sureshkumar Shah (collectively with the promoter selling shareholders, the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares"). This offer included a reservation of up to 96,418 equity shares, aggregating up to Rs. 3.5 crores (constituting up to 0.08% of the post offer paid-up equity share capital) for subscription by eligible employees (the "Employee Reservation Portion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 13.01% and 12.95%, respectively, of the post-offer paid-up equity share capital. The company and the selling shareholders, in consultation with the brlms, offered a discount of 9.48% to the offer price (equivalent to Rs. 38 per equity share) to eligible employees bidding in the employee reservation portion ("Employee Discount"). The face value of the equity shares is Re. 1 each and the offer price is 401 times the face value of the equity shares.

Issue Money Payable On
Opens On Closes On Application Allotment
06-Mar-24 11-Mar-24 401.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 37   Further Multiples of : 37
  Rs Cr Lead Managers to the Issue
Project Cost 0.00 Axis Capital Ltd
Project Financed through Current Offer 650.00  
Post Issue Equity Share Capital 12.46  
Issue Price 401.00  

Projects

  • Listing of the Equity Shares on the Stock Exchanges

Promoted By

Bipinbhai Vithalbhai Hadvani

Dakshaben Bipinbhai Hadvani

Gopal Agriproducts Pvt Ltd

Listing At

BSE

NSE

Registrar to the Issue

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