Gopal Snacks, Bikaji Foods, Prataap Snacks shares surge up to 8% as govt lowers GST rates on namkeen
At the 54th GST Council meeting on Monday, FM announced reduction in the GST rate on selected namkeen snacks or savoury items to 12% from 18% earlier.
Gopal Snacks IPO makes weak debut, shares list at 12.5% discount
Post listing, Gopal Snacks shares fell as much as 14.7% to touch a low of ₹341.8 on the NSE, while the market capitalisation declined to ₹4,750 crore.
Namkeen maker Gopal Snacks files papers with SEBI to raise ₹650 crore via IPO
The IPO of Rajkot-based snacks maker is entirely an offer for sale of equity shares by promoters and other selling shareholders.
