Discover the latest buzz as Gopal Snacks IPO, prepares to unveil the allotment status of its highly anticipated IPO on March 12. With subscription rates soaring, find out why investors are clamoring to get a slice of the action.
Gopal Snacks IPO
Nagpur-based company Gopal Snacks Limited, well-known for its namkeens and snacks, is set to reveal the allotment status of its initial public offering (IPO) on Tuesday, March 12, and is scheduled to list on the stock exchange on March 14.
The IPO of Gopal Snacks opened on March 6 and closed on March 11, with a price band set between ₹381 to ₹401 per share. On the final day, the IPO saw a subscription rate of 9.02 times, with bids received for 10.81 crore equity shares against the offering of 1.20 crore shares.
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The qualified institutional buyer portion was subscribed 17.50 times, while the non-institutional investors portion saw a subscription rate of 9.50 times. Retail investors also showed decent interest, subscribing 4.01 times, and the employee portion was subscribed 6.87 times.
Currently, the shares of Gopal Snacks are trading with a grey market premium (GMP) of ₹25 per share. GMP represents the premium at which IPO shares are traded unofficially before their official listing on the stock exchanges.
Allotment Status of Gopal Snacks IPO
There are two ways of checking your allotment status for Gopal Snacks IPO which are on the registrar’s website and the official BSE website.
To check the allotment status on the Registrar’s website click here
- 1 Select the company Gopal Snacks IPO
- Enter the PAN number or the application number and click submit
To check the allotment status on the BSE website click here
- Select Equity and select the company’s name Gopal Snacks
- Enter the Application Number or PAN number and enter the captcha
- click submit
Bhaarat Bulletin’s Shikha Rai, Bimal Dev, and BSE, NSE have contributed to the above report
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