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Goel Food Products Limited

Fixed Price Issue IPO · BSE

Price band
₹72 - ₹72
Lot size
1,600 shares
Issue amount
₹7.21 cr
Total subscription
1.64×
Current price₹14.5
Listing price ₹75
Watch live price ↗
Opens
15 Jun 2022
Closes
20 Jun 2022
Allotment
22 Jun 2022
Listing
28 Jun 2022

Offer at a glance

Issue overview

Issue size
10,01,600 shares
Face value
₹10 Per Equity Share
Minimum investment
₹1,15,200
Fresh issue
₹3.61 cr
Offer for sale
₹3.61 cr
Registrar
Bigshare Services Private Limited
Listing exchange
BSE
Maximum investment
₹1,15,200
Issue type
Fixed Price Issue IPO
Shares before issue
32,69,600
Shares after issue
37,71,600

Lot sizes

CategoryLotsSharesAmount
RETAIL11,600₹1,15,200
HNI23,200₹2,30,400

Share reservation

Market Maker5.11%
HNI47.44%
RETAIL47.44%

Subscription & GMP

Subscription by category

Total subscribed1.64×

Subscription figures are awaiting publication.

GMP history

00.5117 Dec: ₹0
17 Dec₹017 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
-50005001,0001,5002,000Dec-21 · Revenue: 1,200.68Dec-21 · Profit after tax: 187.65Dec-21Mar-21 · Revenue: 753.85Mar-21 · Profit after tax: -0.76Mar-21Mar-20 · Revenue: 1,606.84Mar-20 · Profit after tax: 63.1Mar-20Mar-19 · Revenue: 1,386.7Mar-19 · Profit after tax: 148.38Mar-19
RevenueProfit after tax

Company information

Company profile

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.

Strengths

  • 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.

Promoters

Hilltop Healthcare Centre Limited

Mr Dinesh Goyal

Registrar & documents

Lead manager

Gretex Corporate Services Limited

Registered office

76/1/2, Golaghata Road, Kolkata-700048

+91 89613 33312

[email protected]Company website ↗

Understanding GOEL IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.