Goel Food Products Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 475,200 (47%) | — | ₹342 Cr |
| Retail | — | 475,200 (47%) | — | ₹342 Cr |
| Market Maker | — | 51,200 (5%) | — | ₹4 Cr |
| Σ Total | — | 1,001,600 (100%) | — | ₹7,212 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in Lakhs
| Metric | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue | 1,387 | 1,607 | 754 |
| Profit After Tax | 148 | 63 | -1 |
| Net Worth | 742 | 754 | 754 |
| Total Assets | 2,904 | 3,533 | 2,654 |
| Reserves & Surplus | 660 | 673 | 672 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1. To Meet Working Capital Requirements. –
- 2. General Corporate Purposes. –
Company Overview
Incorporated in 1996, Goel Food Products Limited engages in the business of manufacturing Indian Snacks and Sweets. The company provide services such as organizing events like Marriages, Sangeet, Ring Ceremony, Birthday Parties, Anniversary Parties, Kitty Parties, Corporate Events, Kirtans (Devotional Singing), Thread Ceremony at the banquets hall and serves Indian snack and Sweets at the company retail shop.
The company operate and manage the banquet and Indian snacks and sweets shop business under the name "BIKA" at various locations in Kolkata. Hilltop Healthcare Centre Limited, the company's holding company, owns 64.60 percent of the company.
Competitive Strengths:
- Strong Value Proposition
- Locational Advantage
- Low Set-up Cost
- Established brand and reputation
- Rich Management Experience
- Progressive Employer
- Quality Service