The Initial Public Offering of Gopal Snacks Limited was subscribed 9.02 times on the final day of bidding.
The issue received bids of 10,80,83,438 shares against the offered 1,19,79,993 equity shares, at a price band of ?381-401, according to the data available on the stock exchanges.
Qualified Institutional Buyer Portion and Non-Institutional Investors Portion was subscribed 17.50 times and 9.50 times respectively. Employee Portion was subscribed 6.87 times, whereas, Retail Portion and...
Gopal Snacks IPO subscribed 9.02 times on Final Day
A prominent Gujarat based snack manufacturer
Gopal Snacks Ltd (GSL), established in 2009, is a rapidly expanding FMCG company in India. It offers a diverse range of 'ready to eat' packaged snacks, including ethnic namkeen, gathiya, wafers, snack pellets, and other products like extruder items, noodles, spices, and flour. GSL operates under brands such as "Gopal," "Cristos," "Shot Go," and "Cornigo," boasting a product portfolio of 84 items ac...
IPO Note : Gopal Snacks Ltd By Geojit Financial Services
The Initial Public Offering of Bharat Highways InvIT was subscribed 8.01 times on the final day of bidding.
The issue received bids of 82,53,24,300 units against the offered 10,30,12,800 units, at a price band of ?98-100, according to the data available on the stock exchanges.
Other Investors Portion was subscribed 6.93 times and Institutional Investors Portion was subscribed 8.92 times.
ICICI Securities Limited, Axis Capital Limited, HDFC Bank Limited and IIFL Securit...
Bharat Highways InvIT IPO subscribed 8.01 times on Final Day
The Initial Public Offering of Mukka Proteins Limited was subscribed 2.47 times on the first day of bidding.
The issue received bids of 13,81,99,060 shares against the offered 5,60,00,435 equity shares, at a price band of ?26-28, according to the data available on the stock exchanges.
Retail Portion was the most subscribed with 3.69 times, Non-Institutional Investors Portion with 1.55 times, whereas Qualified Institutional Buyer Portion subscribed 1.01 times. The issue kicked ...
Mukka Proteins IPO subscribed 2.47 times on Day 1
The Retail Portion of GPT Healthcare Limited IPO subscribed 1.25 times on the second day of bidding.
The issue received bids of 1,67,75,440 shares against the offered 1,97,63,327 equity shares, at a price band of ?177-186, according to the data available on the stock exchanges. Overall, the issue was subscribed 0. 85 times.
Non-Institutional Investors Portion was subscribed 0.79 times, whereas Qualified Institutional Buyer Portion was subscribed 0.19 times. The&...
Retail Portion of GPT Healthcare IPO fully subscribed on Day 2
Online food delivery platform Swiggy's net losses expanded to reach Rs 4,179 crore in the financial year ended March 31, 2023.
The IPO-bound Swiggy’s operating revenue jumped around 45 per cent to Rs 8,264 crore in FY23 from Rs 5,704 crore in FY22.
The Invesco-backed company incurred a net loss of Rs 4,179.3 crore in FY23, an increase of around 15 per cent from Rs 3,628.9 crore in the previous fiscal year.
Additionally, the cost of employee benefits climbed by 25 per ...
IPO-bound Swiggy`s losses widen to Rs 4,179 cr in FY23, revenue up 45%