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Unlisted shares of Gopal Snacks Ltd are trading Rs 24 higher in the grey market, expecting a 5.99 per cent listing gain from the public issue, Gopal Snacks IPO Closes Today: Should You Subscribe? Check Subscription Status, GMP Today
India Business News: Gopal Snacks, a prominent player in the Indian fast-moving consumer goods sector, known for its diverse range of products including Namkeen and wester.
The company operates three manufacturing facilities in Gujarat and Maharashtra, along with three ancillary facilities producing besan, raw snack pellets, seasoning, and spices.
The initial public offer (IPO) of namkeen maker Gopal Snacks has been getting steady responses from investors on Monday, the third day of the bidding process with an overall subscription of 2.6 times.
The Rajkot-based Gopal Snacks is selling its shares in the price band of Rs 381-401 apiece. Investors can apply for a minimum of 37 shares and its multiples thereafter. I