Gopal Snacks Limited IPO
Gopal Snacks Limited was a mainboard IPO, offered at ₹381–₹401 per share to raise ₹650 crore. The issue was subscribed 9.02× overall (QIBs 17.5×, NIIs 9.5×, retail 4.01×). It listed on 14 Mar 2024 at ₹351 and closed its first day at ₹363, a listing loss of -9.6% versus the ₹401 issue price. It now trades around ₹242 (-39.6% versus the issue price).
Frequently asked questions
- How many times was the Gopal Snacks Limited IPO subscribed?
- The Gopal Snacks Limited IPO was subscribed 9.02× overall — 17.5× in the QIB category, 9.5× among non-institutional investors, 4.01× in retail.
- What were the Gopal Snacks Limited IPO listing gains?
- Gopal Snacks Limited listed on 14 Mar 2024 at ₹351, closing its first day at ₹363 — a listing loss of -9.6% versus the ₹401 issue price.
- What were the retail allotment odds for the Gopal Snacks Limited IPO?
- Retail was subscribed 4.01×, so a single-lot application had roughly a 24.9% chance of allotment (about 1 in 4), and allotment was finalised on 12 Mar 2024.
- What was the price band and lot size of the Gopal Snacks Limited IPO?
- The price band was ₹381–₹401 per share.