Issue Price
₹72
Per Share
GMP
NIL
Grey Market
Est. Listing
₹72
Expected Price
Min. Application
₹230,400
2 lots × 1600 shares
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.Competitive Strengths:Strong Value PropositionLocational AdvantageLow Set-up CostEstablished brand and reputationRich Management ExperienceProgressive EmployerQuality Service
Goel Food Products Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 51,200 | — | ₹0.37 Cr | — |
| TOTAL | 1,001,600 | 100.00% | ₹7.21 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| sNII (Min) | 14 | 22,400 | ₹1,612,800 |
| bNII (Min) | 68 | 108,800 | ₹7,833,600 |
| Particulars | 31-Mar-19 | 31-Mar-20 | 31-Mar-21 |
|---|---|---|---|
| Revenue from Operations | 1386.70 | 1606.84 | 753.85 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 148.38 | 63.10 | -0.76 |
| Net Worth | 741.93 | 754.48 | 753.73 |
| Total Assets | 2903.58 | 3532.84 | 2654.34 |
| Reserves & Surplus | 660.19 | 672.74 | 671.99 |
| Total Borrowings | N/A | N/A | N/A |