Gopal Snacks Limited
| Public | |
| ISIN | 🆔 |
| Industry | Food and Beverage |
| Founded 📆 | 1999 |
| Founder 👔 | Bipin Hadvani |
Area served 🗺️ | |
| Products 📟 | Snack foods |
| Revenue🤑 | ₹1,394.65 crore (FY21) |
| Members | |
Number of employees | |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
Gopal Snacks Limited is a snack food manufacturer headquartered in Rajkot, Gujarat, India. It was established in 1999 by Bipin Hadvani. The company is engaged in the production of a diverse range of snack products, positioning it as a notable entity within India's Fast-Moving Consumer Goods (FMCG) sector.[1][2]
History[edit]
Established in 1999 by Bipin Hadvani, Gopal Snacks started as a regional snack provider. Over the years, it has achieved national reach by expanding its product assortment and distribution network, adapting to the changing tastes and consumer preferences across India.[3][4]
Products[edit]
The product portfolio of Gopal Snacks includes a variety of snack foods, such as potato chips, namkeens (savoury snacks), and extruded snacks, among others.[5][6]
2024 initial public offering[edit]
In March 2024, Gopal Snacks Limited initiated an Initial public offering (IPO) with the objective of raising ₹650 crore. The funds are intended to support the company's expansion initiatives and facilitate debt reduction. This IPO was characterised by significant investor interest, as evidenced by robust subscription rates.[7][8]
References[edit]
- ↑ Manohar, Asit (2024-03-11). "Gopal Snacks IPO: GMP, subscription status to review. Apply or not?". mint. Retrieved 2024-03-11.
- ↑ "Gopal Snacks Limited IPO: Issue size, price band and more. Should you invest?". ICICI Direct. Retrieved 2024-03-11.
- ↑ "SEBI Gives Nod to Gopal Snacks, Dee Development Engineers, and SRM Contractors for IPOs". www.indiainfoline.com. Retrieved 2024-03-11.
- ↑ "Gopal Snacks gets over $500 mn tag as it ropes in private investors". VCCircle. Retrieved 2024-03-11.
- ↑ "Gopal Snacks IPO retail portion fully subscribed, issue booked 46% on day 2". upstox.com. Retrieved 2024-03-11.
- ↑ Bureau, BL Ahmedabad (2024-03-02). "Rajkot-based Gopal Snacks to raise ₹650 crore through IPO". BusinessLine. Retrieved 2024-03-11.
- ↑ "Gopal Snacks files DRHP with SEBI to raise Rs 650 crore via IPO". Livemint. 2024-03-05. Retrieved 2024-03-11.
- ↑ "Gopal Snacks Limited's Initial Public Offering to open on Wednesday, March 06, 2024". APN News. Retrieved 2024-03-11.
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