Goel food products IPO engages in the business of manufacturing Indian Snacks and Sweets.
Goel food products IPO- overview
| IPO Dates | 15-20 June 2022 |
| IPO Price | INR 72 per share |
| Fresh issue | 500,800 shares (INR 3.61 crore) |
| Offer For Sale | 500,800 shares (INR 3.61 crore) |
| Total IPO size | 1,001,600 shares (INR 7.21 crore) |
| Minimum bid (lot size) | 600 shares |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | BSE Emerge |
Goel food products IPO – Tentative Dates
| IPO Offer Opening Date | 15 June 2022 |
| IPO Closing Date | 20 June 2022 |
| Finalization of Basis of Allotment | 23 June 2022 |
| Initiation of refunds | 24 June 2022 |
| Transfer of shares to demat accounts | 27 June 2022 |
| IPO Listing Date | 28 June 2022 |
| Opening Price on BSE SME | Coming soon |
| Closing Price on BSE SME | Coming soon |
Company Overview
Incorporated in 1996, Goel Food Products Limited engages in the business of manufacturing Indian Snacks and Sweets. The company provide services such as organizing events like Marriages, Sangeet, Ring Ceremony, Birthday Parties, Anniversary Parties, Kitty Parties, Corporate Events, Kirtans (Devotional Singing), Thread Ceremony at the banquets hall and serves Indian snack and Sweets at the company retail shop.
The company operate and manage the banquet and Indian snacks and sweets shop business under the name “BIKA” at various locations in Kolkata. Hilltop Healthcare Centre Limited, the company’s holding company, owns 64.60 percent of the company.
Strengths:
- Strong Value Proposition
- Locational Advantage
- Low Set-up Cost
- Established brand and reputation
- Rich Management Experience
Objects of the Issue
- To Meet Working Capital Requirements.
- General Corporate Purposes.
Company Financials
| Particulars | 31- March -21 | 31-March -20 | 31-March -19 |
| Total Assets | 2654.34 | 3532.84 | 2903.58 |
| Total Revenue | 753.85 | 1606.84 | 1386.7 |
| Profit After Tax | -0.76 | 63.1 | 148.38 |
Company Contact Information
Goel Food Products Limited
76/1/2,
Golaghata Road,
Kolkata-700048
Phone: +91 89613 33312
Email: info@goelfood.com
Website: https://bika.co.in/
Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://www.bigshareonline.com/
Lead Manager(s)
- Gretex Corporate Services Pvt Ltd (Past IPO Performance)
Lead Manager Reports
- IPO Lead Manager Performance Summary
- IPO Lead Manager Performance Tracker
