Gopal Snacks has debuted at Rs 350.00 on the BSE, down by 51 points or 12.72% from its issue price of Rs 401.
The scrip is currently trading at Rs 378.60, down by 22.40 points or 5.59% from its issue price. It has touched a high and low of Rs 384.95 and Rs 342.00 respectively. So far 2.90 lakh shares were traded on the counter.
The offering, which was open for subscription between March 06, 2024 and March 11, 2024 was subscribed 9.02 times. The issue price was fixed at Rs 401 per share i.e. at upper end of price band of Rs 381-401 apiece.
Gopal Snacks is an FMCG company that deals in ethnic and Western snacks, and other products in India and internationally.
