Gopal Snacks IPO GMP History
Gopal Snacks IPO has been listed on March 14, 2024 at a listing price of ₹351, against the issue price of ₹401 — a loss of ₹50 (-12.47%). The GMP peaked at ₹150 on 2 March 2024 and reached a low of ₹15 on 12 March 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Gopal Snacks IPO raised ₹650 Cr. through its IPO at a price band of ₹381 to ₹401 per share, with a lot size of 37 shares. The IPO was open for subscription from 06 Mar 2024 to 11 Mar 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 6:34 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 12 Mar 2024 | ₹ 15 | ▼ | 4% | — | — |
| 11 Mar 2024 | ₹ 21 | ▼ | 5% | — | — |
| 09 Mar 2024 | ₹ 23 | ▼ | 6% | — | — |
| 08 Mar 2024 | ₹ 25 | ▼ | 6% | — | — |
| 07 Mar 2024 | ₹ 50 | ▼ | 12% | — | — |
| 06 Mar 2024 | ₹ 80 | ▼ | 20% | — | — |
| 05 Mar 2024 | ₹ 120 | ▼ | 30% | — | — |
| 04 Mar 2024 | ₹ 135 | ▼ | 34% | — | — |
| 02 Mar 2024 | ₹ 150 | — | 37% | — | — |
Gopal Snacks IPO dates
Key dates from opening to listing. Today is 11 November.
- Open 06 Mar 2024
- Close 11 Mar 2024
- Allotment 12 Mar 2024
- Refund/credit 13 Mar 2024
- Listing 14 Mar 2024
Gopal Snacks IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹401 |
|---|---|
| GMP-based estimate (pre-listing) | ₹416 (+3.7%) |
| Listing gain / loss | −₹50 per share |
| Listing date | 14 Mar, 2024 |
| Actual listing price | ₹351 (-12.47%) |
Is Gopal Snacks IPO GMP reliable?
Grey market premium for Gopal Snacks IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Gopal Snacks IPO full review for a fundamentals-based assessment before making any grey market trades.
Gopal Snacks IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Gopal Snacks IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Gopal Snacks IPO
Gopal Snacks Limited was founded in 1999. It is a fast-moving consumer goods company with a major presence in Gujarat, offering savoury products under the Gopal brand.
Its range includes ethnic snacks such as namkeen and gathiya, western snacks such as wafers, snack pellets and extruded snacks, and other products such as papad, spices, besan, noodles, rusk and soan papdi.
On 30 September 2023 its portfolio had 84 products and 276 SKUs. It operates six manufacturing facilities, including three primary ones.
The IPO was Rs 650 crore and was entirely an offer for sale by the promoters and another shareholder, so the company received none of the money.
Frequently asked
What is the GMP of Gopal Snacks IPO?
The current Grey Market Premium (GMP) of Gopal Snacks IPO is ₹ 15.
What is the Kostak Price of Gopal Snacks IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Gopal Snacks IPO is not available.
What is the Subject to Sauda Price of Gopal Snacks IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Gopal Snacks IPO?
Gopal Snacks IPO listed on March 14, 2024 at ₹351, against the issue price of ₹401 — a loss of -12.47%.
How did the GMP of Gopal Snacks IPO trend before listing?
The GMP of Gopal Snacks IPO was falling in its final days before listing. The GMP peaked at ₹150 on 2 March 2024. View the day-wise table above for the complete GMP history.
Explore Gopal Snacks IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
