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Goel Food Products IPO is a Fixed Price IPO listing on BSE SME exchange. The company is based in Kolkata and caters to FMCG - Snacks And Beverages sector. Gretex Corporate Services is the merchant banker of Goel Food Products IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 22nd March 2022.
Goel Food Products IPO open date is 15th June 2022 and close date is 20th June 2022. IPO Allotment Date is 23rd June 2022 and Listing date is 28th June 2022.
IPO
Size:
₹ 7.21 Cr.
Avg IPO Size (Sector Based)
: ₹
21.71 cr.
Sector: FMCG - Snacks And Beverages
SME
IPO so far:
12
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹
16.01
cr. 
PE
Ratio:
10.84x
Average Sector PE Ratio: 15.11x
Goel Food Products IPO size is ₹ 7.21 Cr. with IPO price of ₹ 72.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Gretex Corporate Services Limited is the book-running lead manager of the Goel Food Products IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Gretex Share Broking Private Limited for Goel Food Products IPO.
Goel Food Products IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Goel Food Products IPO, based in Kolkata, operates in the FMCG - Snacks And Beverages sector with a focus on Manufacturing of sweets and snacks. The company is launching its SME IPO on the BSE SME exchange, using the Fixed Price Issue method. Goel Food Products IPO size is ₹ 7.21 Cr. with fresh issue size of ₹ 3.61 Cr. and Offer for sale being ₹ 3.60Cr.
The IPO allotment date for Goel Food Products IPO is expected to be 23rd June 2022, after the finalization of basis of allotment. Investors can check Goel Food Products IPO allotment status on the registrars website, Bigshare Services Private Limited. Goel Food Products IPO refund dates are 24th June 2022.
Goel Food Products IPO is expected to be listed on 28th June 2022.
The upper price band for the Goel Food Products IPO is set at ₹ 72.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Goel Food Products IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Goel Food Products IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 20th June 2022. After submission, funds are blocked until the basis of allotment of Goel Food Products IPO is finalised.
The merchant banker for Goel Food Products IPO is Gretex Corporate Services Limited . Gretex Corporate Services Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Goel Food Products IPO RHP for further details.
The registrar for Goel Food Products IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Goel Food Products IPO through their official website or helpline.
Goel Food Products IPO was subscribed 1.64 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 7.21 Cr.
Avg IPO Size (Sector Based)
:
₹ 21.71 Cr.
Sector: FMCG - Snacks And Beverages
SME
IPO so far:
12
Merchant Banker:
Gretex Corporate
SME
IPO by BRLM so far:
50
City:
Kolkata
SME
IPO so far:
69
Revenue (annualised):
₹ 15.64 cr.
PE
Ratio:
10.84x
Average Sector PE Ratio: 15.11x
Goel Food Products IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Goel Food Products Financial Review Page
Merchant Banker(s) of Goel Food Products IPO: Gretex Corporate Services Limited
Goel Food Products IPO subscription was 1.64 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Goel Food Products IPO listed at a listing price of 78.75 against the offer price of 72.00.
The current market price of Goel Food Products is 16.51.
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