
Industrial & Financial Services · NSE / BSE
Gopal Snacks Limited, established in 1999, has solidified its presence in the FMCG sector by offering a diverse range of ethnic and Western snacks, along with other consumer goods in India and globally. With an extensive portfolio of 276 SKUs across 84 categories as of November 2023, the company caters to a broad spectrum of consumer preferences. Its expansive distribution network spans 523 locations across 10 states and two Union Territories, supported by a dedicated sales and marketing team of 741 employees. Operating six strategically located manufacturing units, including primary facilities in Nagpur (Maharashtra), Rajkot (Gujarat), and Modasa (Gujarat), Gopal Snacks boasts a total annual installed capacity of 404,728.76 MT as of September 2023. With a strong foundation of long-standing distributor relationships, particularly in Gujarat—where 69 distributors have been associated for over a decade—the company continues to strengthen its market position, ensuring sustained growth in the competitive FMCG landscape.
Price Band
₹380 – ₹401
Issue Size
₹650 Cr
Lot Size
37 shares
GMP
-6.2%
Est. Listing
₹376
at current GMP
Subscribed
9.50x
overall
Open
6 Mar 2024
Close
11 Mar 2024
Allotment
12 Mar 2024
Refund
13 Mar 2024
Demat Credit
14 Mar 2024
Listing
14 Mar 2024
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹401
Band: ₹380 – ₹401
Estimated Listing Price
₹376
Upper price + GMP
Lot Size
37 shares
Min investment ₹14,837
Estimated Profit / Lot
₹0
37 × ₹-25
Grey Market Premium trend
-₹25
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | -₹25 | -6.2% | ₹376 |
| 30 Oct 2026 | -₹25 | -6.2% | ₹376 |
| 29 Oct 2026 | — | -5.6% | ₹379 |
GMP is unofficial market data. Not a guarantee of listing performance.
Gopal Snacks Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹650 Crores. The shares are offered at a price band of ₹380 to ₹401 per equity share on NSE and BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-03-11, the basis of allotment is scheduled to be finalized on 2024-03-12. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd) or the BSE allotment checking window.
The latest grey market premium for Gopal Snacks Limited IPO is ₹-25, which indicates an expected listing price of ₹376.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.