Goel Food Products Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹0(0.00%)
Premium (ELP)
The Initial Public Offering of Goel Food Products Limited's culminated in its successful listing on Jun 28, 2022 at the BSE trading platform. The company secured 10,01,600 Shares through this capital market exercise, with 5,00,800 Shares allocated to new capital formation and ₹3.61 Cr to existing shareholder liquidity.
Investors participated within the price parameters of ₹72 to ₹72, with minimum investment requirements of 1600 shares. The subscription period from Jun 15, 2022 to Jun 20, 2022 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Jun 22, 2022. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Founded in 1996, Goel Food Products Limited specializes in the manufacturing of Indian snacks and sweets. The company also offers banquet and catering services for events such as weddings, sangeet, ring ceremonies, birthdays, anniversaries, kitty parties, corporate events, kirtans, and thread ceremonies. The company operates and manages its banquet and retail business under the brand name "BIKA" at multiple locations in Kolkata. Hilltop Healthcare Centre Limited, the holding company, owns 64.60% of Goel Food Products Limited.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Strong Value Proposition with a diverse range of services.
- Strategic Locations ensuring better customer reach.
- Cost-Effective Setup for efficient operations.
- Well-Established Brand & Reputation in the industry.
- Experienced Management Team driving growth.
- Employee-Friendly Work Culture fostering talent.
- Commitment to Quality Service for customer satisfaction.
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- Hilltop Healthcare Centre Limited
- Mr Dinesh Goyal
Goel Food Products Limited
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