Gopal Snacks Limited IPO (Gopal Namkeen IPO) Detail

Unveiling Gopal Snacks: A Leader in India’s Snacking Revolution

Gopal Snacks, a prominent player in India’s fast-moving consumer goods (FMCG) landscape, has carved a niche for itself in the ever-growing snacking industry. This analysis delves into their impressive market position, product portfolio, and robust distribution network, offering valuable insights for potential investors.

Gopal Namkeen IPO Details

IPO DateMarch 6, 2024 to March 11, 2024
Listing Date[.]
Face Value₹1 per share
Price Band₹381 to ₹401 per share
Lot Size37 Shares
Total Issue Size16,209,476 shares
(aggregating up to ₹650.00 Cr)
Offer for Sale16,209,476 shares of ₹1
(aggregating up to ₹650.00 Cr)
Employee DiscountRs 38 per share
Issue TypeBook Built Issue IPO
Listing AtBSE, NSE
Share holding pre issue124,604,370
Share holding post issue124,604,370

About Gopal Snacks – Dominating the Ethnic Snacks Segment:

Gopal Snacks holds a significant position in the Indian snack market. Here’s a glimpse of their achievements:

  • Fourth Largest: They rank as the fourth largest brand in the organized sector of ethnic savories (including gathiya) in terms of market share (Source: F&S Report).
  • Gathiya and Snack Pellet Kingpins: They hold the top spot in India for both production volume and sales revenue of gathiya, and lead production volume in the snack pellet category (Source: F&S Report).

Beyond Gathiya: A Diverse Product Portfolio:

Gopal Snacks caters to a wide range of taste preferences by offering a rich product portfolio under the “Gopal” brand. This includes:

  • Ethnic Snacks: This category features popular choices like namkeen and gathiya.
  • Western Snacks: They offer wafers, extruded snacks, and snack pellets to cater to evolving consumer preferences.
  • Other FMCG Products: Their offerings extend beyond snacks, encompassing papad, spices, gram flour (besan), noodles, rusk, and soan papdi.

As of September 30th, 2023, their product portfolio boasts 84 products with a staggering 276 SKUs (Stock Keeping Units). This diverse selection ensures they cater to a broad spectrum of consumer demands and regional preferences.

Gopal Namkeen IPO Timeline (Tentative Schedule)

Gopal Namkeen IPO opens on March 6, 2024, and closes on March 11, 2024.

IPO Open DateWednesday, March 6, 2024
IPO Close DateMonday, March 11, 2024
Basis of AllotmentTuesday, March 12, 2024
Initiation of RefundsWednesday, March 13, 2024
Credit of Shares to DematWednesday, March 13, 2024
Listing DateThursday, March 14, 2024
Cut-off time for UPI mandate confirmation5 PM on March 11, 2024

Building a Nationwide Presence:

Gopal Snacks has established a strong distribution network across India, reaching consumers in various locations:

  • Extensive Reach: Their products are available in over 523 locations spread across 10 states and 2 Union Territories (as of September 30th, 2023).
  • Robust Network: Their distribution network comprises three depots, 617 distributors, and a dedicated sales & marketing team of 741 employees (as of September 30th, 2023).

Leveraging Technology for Efficiency:

Gopal Snacks prioritizes efficient operations by utilizing a robust distribution management system. This system offers several advantages:

  • Inventory Management: It facilitates coordination with distributors, providing real-time insights into inventory levels and sales performance.
  • Data-Driven Decisions: The system offers valuable data on product demand, enabling data-driven decision making for optimizing operations and meeting consumer needs effectively.
  • Logistics Support: They own a fleet of 263 logistics vehicles to ensure seamless product delivery across their extensive network.

Capitalizing on Emerging Trends:

Gopal Snacks recognizes the growing importance of e-commerce, modern trade, and exports. They actively utilize these channels to reach a wider customer base and expand their market reach.


Gopal Snacks’ strong market position, diverse product portfolio, and well-established distribution network position them as a significant player in the Indian snacking industry. Their focus on innovation and leveraging technology for efficient operations further strengthens their potential for future growth. However, for a comprehensive understanding, potential investors should thoroughly analyze the company’s financial performance, future growth plans, and the competitive landscape before making any investment decisions.

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