@Bullrunner Listing gains possible bcos, it's from Rajkot and we know what Rajkot can do as you aware of promoters and employees than you know something we don't!!
Family clashes and brother who split away was handling financial decisions and marketing and now he himself in same business and products is worried 😫.
@Liger Yes margins in this counter is like wafer thin.
Gopal's products are mostly factors for pure authentic gujarati taste, which can be tougher to expanded outside Gujarat.
Most ready to eat packs sold by retailers are of 5 rs.MRP in which 10% margin for retailers and 5% are for distributors(don't know about super stockists).
Now if we apply simple maths on rs 5 MRP, what margins can GOPAL get?
competition from other recently entered players is tougher day by day,also from unorganised vendors.
Flagship product of GOPAL are GANTHIYA AND SAV MURMURA which is household items in every gujarati home (gopal doesn't hold any unique Monopoly NAMKEENS or flavours like BHUJIAs from bhikaji.
Recent conflicts between GST and FMCG Cos. are in public domain (GST under recovery bcos of mis interpretation of methods of cooking or producing namkeens, which can hurting even GOPAL in future if not today
Only positive I found in gopal is RAJKOT base, other than it's big avoid for me
(Disc. - no recommendation,take your own assessment before investing)
Just applied in retail applications and avoid BHNI (may cancel even retail applications if QIBs not come up with good numbers)
History of two IPOs (Rajkot connect)
Good listing
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