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 Proposition
- Locational Advantage
- Low Set-up Cost
- Established brand and reputation
- Rich Management Experience
- Progressive Employer
- Quality Service
Company Promoters
- Hilltop Healthcare Centre Limited
- Mr Dinesh Goyal
Company Financials
| Particulars | 31 March 2021 | 31 March 2020 | 31 March 2019 |
|---|---|---|---|
| Total Assets | 2903.58 | 3532.84 | 2654.34 |
| Total Revenue | 1386.7 | 1606.84 | 753.85 |
| Profit After Tax | 148.38 | 63.1 | -0.76 |
Object Of The Issue
- To Meet Working Capital Requirements.
- General Corporate Purposes.
Goel Food Products IPO – Details
| IPO Opening Date | 15 June 2022 |
| IPO Closing Date | 20 June 2022 |
| Issue Type | Fixed Price Issue IPO |
| Issue Size | ₹7.21 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹72 |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares |
| Listing At | BSE SME |
| Register | Bigshare Services Pvt Ltd |
| Retail Shares Offered | 50% of the net offer |
| NII (HNI) Shares Offered | 50% of the net offer |
Goel Food Products IPO – Lots Size & Price
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 1600 | 1,15,200 |
| Maximum | 1 | 1600 | 1,15,200 |
Goel Food Products IPO Promoter Holding
| Pre Issue Share Holding | 99.98% |
| Post Issue Share Holding | 73.36% |
Goel Food Products IPO Prospectus
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/ |
Goel Food Products IPO Registrar
| Bigshare Services Pvt Ltd Phone: +91-22-6263 8200 Email: ipo@bigshareonline.com Website: http://www.bigshareonline.com |
Goel Food Products IPO Lead Manager(s)
| 1. Gretex Corporate Services Pvt Ltd |
Goel Food Products IPO FAQs
| What is Goel Food Products IPO? Goel Food Products IPO is a SME IPO. The issue is priced at ₹72 per equity share. The IPO is to be listed on BSE SME. |
| When Goel Food Products IPO will open? The IPO is to open on 15 June 2022 for NII and Retail Investors. |
| What is Goel Food Products IPO Investors Portion? The investors’ portion for NII-50%, and Retail 50%. |
| How to Apply the Goel Food Products IPO? You can apply Goel Food Products IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the Goel Food Products IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “Goel Food Products”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the Goel Food Products IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “Goel Food Products”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the Goel Food Products IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Goel Food Products”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the Goel Food Products IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “Goel Food Products”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is Goel Food Products IPO Size? Goel Food Products IPO size is ₹7.21 crores. |
| What is Goel Food Products IPO Price Band? Goel Food Products IPO Price Band is ₹72. |
| What is Goel Food Products IPO Minimum and Maximum Lot Size? The minimum bid is 2000 Shares with ₹1,15,200 amount while the maximum bid is 1600 shares with ₹1,15,200. |
| What is the Goel Food Products IPO Allotment Date? Goel Food Products IPO allotment date is []. |
| What is the Goel Food Products IPO Listing Date? Goel Food Products IPO listing date is []. The IPO is to list on BSE SME. |
