Gopal Snacks is set to finalize the basis of allotment for its IPO shares on Tuesday, March 12. Investors who participated in the IPO can check their allotment status on the registrar portal, Link Intime India Private Ltd. The IPO subscription period lasted from March 6 to March 11, and the company raised a total of Rs 650 crore from its offering.
The IPO was subscribed more than nine times, with strong demand from various investor categories. The grey market premium (GMP) for Gopal Snacks has seen fluctuations, and the listing is expected to occur on March 14, Thursday.
Gopal Snacks, an FMCG firm specializing in both ethnic and western snack items, received positive reviews from brokerages, citing expansion plans, a strong hold in key markets, robust financial performance, and solid business growth over the years.
For more details on the Gopal Snacks IPO allotment and the upcoming listing, interested parties can refer to the complete article.
