Gopal Snacks IPO
FMCG/Snacks - Listed on 14 March 2024
Gopal Snacks IPO listing summary
Gopal Snacks (FMCG/Snacks) closed its IPO window in 2024 and listed on NSE and BSE on 14 March 2024 at an upper band issue price of Rs 401, opening at Rs 351 for a listing gain of -12.5% and closing day one at Rs 362.7 (-9.6% on closing basis). The IPO was subscribed 9.02x overall - QIB 17.50x, HNI/NII 9.50x, Retail 4.01x. The total issue size was Rs 650 Cr (Fresh Issue Rs 0 Cr, OFS Rs 650 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Gopal Snacks IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 135 | +3.74% |
| Day 2 | Rs 120 | +5.24% |
| Day 3 | Rs 80 | +5.74% |
| Day 4 | Rs 50 | +6.23% |
| Day 5 | Rs 21 | +5.74% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Gopal Snacks IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Gopal Snacks IPO - FAQs
What was the listing gain of Gopal Snacks IPO?
Gopal Snacks IPO listed at -12.5% versus the upper issue price of Rs 401 on 14 March 2024.
How many times was Gopal Snacks IPO subscribed?
Gopal Snacks IPO was subscribed 9.02x overall. QIB portion was subscribed 17.50x, HNI / NII 9.50x and Retail 4.01x.
What was the IPO GMP for Gopal Snacks?
IPO GMP started at Rs 135 on Day 1 and moved to Rs 21 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.