Gopal Snacks IPO allotment – How to check allotment, GMP, listing date and more

• Gopal Snacks is expected to announce its share allotment status on Tuesday, March 12.
• The shares of Gopal Snacks were subscribed 9.02 times.
• The shares are expected to be listed on the stock exchanges on March 14.

Nagpur-based Gopal Snacks Limited, a fast-moving consumer goods (FMCG) player known for their namkeens and snacks is expected to announce the allotment status of its initial public offering (IPO) on Tuesday, March 12.

The Gopal Snacks IPO opened on March 6 and closed on March 11. The price band for the IPO was ₹381 to ₹401 per share.

Decent subscription

On the last day, the Gopal Snacks IPO was subscribed 9.02 times, receiving bids for 10.81 crore equity shares against 1.20 crore shares on offer.

While the qualified institutional buyer portion was subscribed 17.50 times, the non-institutional investors portion was subscribed 9.50 times. The retail portion also witnessed decent participation and was subscribed 4.01 times. The employee portion was subscribed 6.87 times.

Grey market premium

The shares of Gopal Snacks are currently commanding a grey market premium (GMP) of ₹25 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

Here’s how to check the IPO’s allotment status

You can check the allotment status on the registrar’s website.

• To check the Gopal Snacks IPO allotment status, visit the registrar’s website here.
  
• Click on ‘Select Company’ and then select ‘Gopal Snacks’.
  
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  
• Click on submit.
  

You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Gopal Snacks IPO allotment status on the BSE and NSE websites.

To check the allotment status on BSE or NSE website:

• Go to the BSE website.
  
• On the website, click on 'Equity' and then select ‘Gopal Snacks’ from the dropdown menu.
  
• Now, enter your application number and PAN.
  
• Click on 'Search'.
  

You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Gopal Snacks IPO listing date

The shares of Gopal Snacks will be listed on the stock exchanges on March 14.

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