Gopal Snacks IPO vs JNK India IPO

Comparison between Gopal Snacks IPO and JNK India IPO.

IPO Details

Gopal Snacks IPO is a Mainboard Bookbuilding IPO proposed to list at BSE, NSE while JNK India IPO is a Mainboard Bookbuilding proposed to list at BSE, NSE.

Issue Size and Price

The total issue size of Gopal Snacks IPO is up to ₹650.00 Cr whereas the issue size of the JNK India IPO is up to ₹649.47 Cr. The final issue price of Gopal Snacks IPO is ₹401.00 per share and of JNK India IPO is ₹415.00 per share.

 Gopal Snacks IPOJNK India IPO
Face Value₹1 per share₹2 per share
Issue Price (Lower)₹381.00 per share₹395.00 per share
Issue Price (Upper)₹401.00 per share₹415.00 per share
Issue Price (Final)₹401.00 per share₹415.00 per share
Discount (Retail)₹0.00 per share₹0.00 per share
Discount (Employee)₹38.00 per share
Market Lot Size37 shares36 shares
Fresh Issue Size0 shares72,28,915 shares
Fresh Issue Size (Amount)up to ₹0.00 Crup to ₹300.00 Cr
OFS Issue Size1,62,16,886 shares84,21,052 shares
OFS Issue Size (Amount)up to ₹650.00 Crup to ₹349.47 Cr
Issue Size Total1,62,16,886 shares1,56,49,967 shares
Issue Size Total (Amount)up to ₹650.00 Crup to ₹649.47 Cr

IPO Timetable

Gopal Snacks IPO opens on Mar 06, 2024, while JNK India IPO opens on Apr 23, 2024. The closing date of Gopal Snacks IPO and JNK India IPO is Mar 11, 2024, and Apr 25, 2024, respectively.

 Gopal Snacks IPOJNK India IPO
Anchor Bid DateMar 05, 2024Apr 22, 2024
Issue OpenMar 06, 2024Apr 23, 2024
Issue CloseMar 11, 2024Apr 25, 2024
Basis Of Allotment (Tentative)Mar 12, 2024Apr 26, 2024
Initiation of Refunds (Tentative)Mar 13, 2024Apr 29, 2024
Credit of Share (Tentative)Mar 13, 2024Apr 29, 2024
Listing date (Tentative)Mar 14, 2024Apr 30, 2024
Anchor Lockin End date 1Apr 11, 2024May 26, 2024
Anchor Lockin End date 2Jun 10, 2024Jul 25, 2024

Financials & KPIs

Gopal Snacks IPO P/E ratio is 44.47, as compared to JNK India IPO P/E ratio of 43.32.

 Gopal Snacks IPOJNK India IPO
Financials

Company Financials (Restated)

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Assets434.54461.28399.72341.89
Total Income677.971,398.541,356.481,129.84
Profit After Tax55.57112.3741.5421.12
NET Worth346.10290.88177.66135.74
Reserves and Surplus333.17277.60176.56135.03
Total Borrowing26.05106.37164.12138.99
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Period Ended31 Dec 202331 Mar 202331 Mar 202231 Mar 2021
Assets453.39337.78268.32125.12
Total Income256.76411.55297.14138.45
Profit After Tax46.2146.3635.9816.48
NET Worth168.56122.1772.1836.82
Reserves and Surplus158.88112.5762.5836.22
Total Borrowing56.7333.765.998.95
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)93.5094.56
Promoter Shareholding (Post-Issue)81.49
P/E Ratio44.4743.32
Market Cap₹4996.64 Cr.₹2308.27 Cr.
ROE16.05%31.79%
ROCE20.83%34.73%
Debt/Equity0.080.34
EPS₹9.02₹9.58
RoNW16.05%31.79%

Shares Offered

In the Gopal Snacks IPO Retail Individual Investors (RII) are offered 56,42,768 shares while in JNK India IPO retail investors are offered 56,42,768 shares. Qualified Institutional Buyers (QIB) are offered 32,24,439 shares in Gopal Snacks IPO and 31,29,993 shares in JNK India IPO.

 Gopal Snacks IPOJNK India IPO
Anchor Investor Reservation48,36,657 shares46,94,989 shares
Market Maker Reservation
QIB32,24,439 shares31,29,993 shares
NII24,18,330 shares23,47,496 shares
RII56,42,768 shares54,77,489 shares
Employee96,418 shares
Others
Total1,62,18,612 shares1,56,49,967 shares

Bids Received (Subscription)

Gopal Snacks IPO subscribed 9.50x in total, whereas JNK India IPO subscribed 28.46x.

 Gopal Snacks IPOJNK India IPO
QIB (times)18.42x74.40x
NII (times)10.00x23.80x
Big NII (times)10.72x27.73x
Small NII (times)8.12x15.94x
RII (times)4.22x4.20x
Employee (times)7.27x
Other (times)
Total (times)9.50x28.46x

Compare with others

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Gopal Snacks IPO Vs JNK India IPO