Goel Food Products IPO GMP, Review, Price, Allotment

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Goel Food IPO description – The company started in 1996 as an Indian Snacks and Sweets Manufacturing Company and later diversified in the catering and event planning industry. In 2009, the company opened its first banquet hall in Ultadanga, Kolkata. From one location, it has expanded to four locations in Kolkata and currently it has 8 banquets halls and 2 Indian sweets and snack shops and one hotel and one guest house.

It provides services such as organizing events like Marriages, Sangeet, Ring Ceremony, Birthday Parties, Anniversary Parties, Kitty Parties, Corporate Events, Kirtans (Devotional Singing), Thread Ceremony at its banquets halls and serve Indian snack and Sweets at its retail shops.

At present, it operates and manages banquet and Indian snacks and sweets shop business under the name “BIKA” at various locations in Kolkata. Goel Food Products has a holding company named Hilltop Healthcare Centre Limited which holds 64.6% in the company.

The company intends to expand presence in other key travel and business destinations in India. As destination wedding is a new trend and people are opting for the same, Goel Food Products wants to capitalize on the trend.

Promoters of Goel Food Products – Hilltop Healthcare Centre Limited and Mr Dinesh Goyal


Goel Food IPO Details

Subscription Dates15 – 20 June 2022
Price BandINR72 per share
Fresh issue5,00,800 shares (INR3.61 crore)
Offer For Sale5,00,800 shares (INR3.61 crore)
Total IPO size10,01,600 shares (INR7.22 crore)
Minimum bid (lot size)1,600 shares
Face Value INR10 per share
Retail Allocation50%
Listing OnBSE SME

Goel Food Financial Performance

 FY2019FY2020FY20219M FY2022
Revenue1,386.71,606.8753.91,200.7
Expenses1,306.01,516.7741.0955.2
Net income148.463.1(0.8)187.7
Figures in INR Lakh unless specified otherwise

Goel Food Offer News


Goel Food Offer Valuation (as of FY2021)

Earnings Per Share (EPS): -INR0.02
Pre-IPO Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): -0.10%
Net Asset Value (NAV): INR28.79 per share


Goel Food IPO GMP Daily Trend

DateGoel Food IPO GMPKostakSubject to Sauda

Goel Food IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered5,00,8005,00,80010,01,600
Day 10.270.030.15
Day 20.410.840.62
Day 30.711.280.99
Day 41.212.071.64
Subscription figures in number of times, at 5 PM

Goel Food Offer Registrar

Bigshare Services Private Limited
1st Floor, Bharat Tin Works Building,
Makwana Road, Marol,
Andheri East, Mumbai – 400 059,
Maharashtra
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com


Goel Food IPO Contact Details

Goel Food Products Limited
76/1/2, Golaghata Road,
Kolkata- 700048,
West Bengal
Phone: +91 89613 33312
Email: [email protected]
Website: www.bika.co.in


Goel Food IPO Allotment Status

Goel Food IPO allotment is now available on Bigshare Services’ website. Click on this link to get allotment status.


Goel Food IPO Timetable

IPO Opening Date15 June 2022
IPO Closing Date20 June 2022
Finalisation of Basis of Allotment23 June 2022
Initiation of refunds24 June 2022
Transfer of shares to demat accounts27 June 2022
Listing Date28 June 2022
Opening Price on BSE SMEINR75 per share (up 4.27% from IPO price)
Closing Price on BSE SMEINR78.75 per share (up 9.38% from IPO price)

Goel Food IPO FAQs

What is Goel Food offer size?

Goel Food offer size is INR7.22 crore.

What is Goel Food IPO Price Band?

Goel Food public offer price is INR72 per share.

What is the lot size of Goel Food IPO?

Goel Food offer lot size is 1,600 shares.

What is Goel Food IPO GMP today?

Goel Food IPO GMP today is NA per share.

What is Goel Food kostak rate today?

Goel Food kostak rate today is NA per application.

What is Goel Food Subject to Sauda rate today?

Goel Food Subject to Sauda rate today is NA per application.

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