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Goel Food Products Limited IPO

Goel Food Products Limited IPO

IPO Date :
Issue Price :
Allotment Date :
Listing Date :
List Price :
Lot Size:
Subscription:
Listed Price: ₹ 75.00 (+4.17%)

The Initial Public Offering of Goel Food Products Limited's culminated in its successful listing on 28-06-2022 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 15-06-2022 to 20-06-2022 witnessed active investor engagement across categories.

Following the subscription closure, share allotment was processed on 22-06-2022. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.

Goel Food IPO Details
Lot(s) Distribution

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.

IPO Reservation
Goel Food IPO Key Performance Indicator
Company Financials ( In Lakhs )

Goel Food IPO About Company

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."


Goel Food IPO Strength Factors

  1. Strong Value Proposition with a diverse range of services.
  2. Strategic Locations ensuring better customer reach.
  3. Cost-Effective Setup for efficient operations.
  4. Well-Established Brand & Reputation in the industry.
  5. Experienced Management Team driving growth.
  6. Employee-Friendly Work Culture fostering talent.
  7. Commitment to Quality Service for customer satisfaction.

Goel Food IPO Risk Factors

NA


Goel Food IPO Lead Manager(s)

  • Gretex Corporate Services Limited

Goel Food IPO Promoter(s)

  1. Hilltop Healthcare Centre Limited
  2. Mr Dinesh Goyal

Goel Food IPO Company Details

Goel Food Products Limited
Phone:
address:

Goel Food IPO Registrar

Bigshare Services Private Limited
Name:
Phone:

Goel Food IPO FAQs