
Bikaji Foods International
Mainboard₹15,000 / 50 Shares
Bikaji Foods International IPO Details
The Bikaji Foods International IPO price band is set between 285-300 per equity share, with a face value of ₹1 per share. The issue is managed by Link Intime India Private Limited, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 3 Nov, 2022 and closes on 7 Nov, 2022. Investors can check the allotment status on 11 Nov, 2022, while the listing date is tentatively scheduled for 16 Nov, 2022.
The total issue size is Approx 873.72 Cr : OFS of 29,373,984 shares, aggregating up to . Stay tuned for the latest Bikaji Foods International IPO review and GMP updates.
Bikaji Foods International IPO Review, Rating & Analysis
Bikaji Foods International IPO Review
NO REVIEWBikaji Foods International IPO Rating
Bikaji Foods International IPO Highlights
IPO Date
Nov 3, 2022 - Nov 7, 2022
Listing Date
16 Nov, 2022
Face Value
₹1 Per Equity Share
Price Band
285-300 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Bikaji Foods International IPO Lot Size
The minimum market lot for Bikaji Foods International IPO is 50 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹15,000 |
| Retail (Max) | 13 | 650 | ₹1,95,000 |
| S-HNI (Min) | 14 | 700 | ₹2,10,000 |
| S-HNI (Max) | 66 | 3300 | ₹9,90,000 |
| B-HNI (Min) | 67 | 3350 | ₹10,05,000 |
Bikaji Foods International IPO Timeline
Issue Price
285-300 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LimitedLead Manager
JM Financial Consultants Private Limited Axis Capital Limited,IIFL Securities Ltd ,Intensive Fiscal Services Private Limited ,Kotak Mahindra Capital Company LimitedIssue Size
Approx 873.72 Cr : OFS of 29,373,984 sharesBikaji Foods International IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 1102.13 | 1621.45 | 76.03 | - | - | - |
| 31 Mar 21 | 817.15 | 1322.21 | 90.34 | - | - | - |
| 31 Mar 20 | 676.64 | 1082.9 | 56.37 | - | - | - |
| 31 Mar 19 | 630.9 | 910.65 | 50.93 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Shiv Ratan Agarwal
- Deepak Agarwal
- Shiv Ratan Agarwal (HUF)
- Deepak Agarwal (HUF)
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 77.97% | N/A% |
About Company
Bikaji Foods International Limited is one of India's largest fast-moving consumer goods (FMCG) brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range and cookies. In the six months that ended September 30, 2021, the company sold more than 250 products under the Bikaji brand.
The company was the largest manufacturer of Bikaneri bhujia with an annual production of 26,690 tonnes and was the second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in Fiscal 2021. The company has an international footprint, selling Indian snacks and sweets, and is among the fastest-growing companies in the Indian organised snacks market.
The company has over the years established market leadership in the core states of Rajasthan, Assam and Bihar with an extensive reach. It has gradually expanded its footprint across India, with operations across 22 states and three union territories as of September 30, 2021.
In the six months ended September 30, 2021, The company has exported the products to 35 international countries, including North America, Europe, the Middle East, Africa, and Asia Pacific, representing 4.60% of our sales of food products in such period.
Bikaji Foods International Limited has six operational manufacturing facilities that are operated by us, with four facilities located in Bikaner (Rajasthan), one in Guwahati (Assam), one facility in Tumakuru (Tumkur) (Karnataka) held through the subsidiary Petunt Food Processors Private Limited to cater to the southern markets in India.
Bikaji Foods International IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 5,824,797 | 4,368,598 2,912,398 1,456,200 | 10,193,395 | 20,636,790 |
Day 1 -03-11-22 05:00 PM | 0.01 x | 0.58 0.40 x 0.94 x | 1.10 x | 0.67 x |
Day 2 -04-11-22 05:00 PM | 0.03 x | 1.42 1.04 x 2.17 x | 2.33 x | 1.48 x |
Day 3 -07-11-22 05:00 PM | 80.63 x | 7.10 7.47 x 6.34 x | 4.77 x | 26.67 x |
Frequently Asked Questions about Bikaji Foods International IPO
When will Bikaji Foods International IPO open for subscription?
The Bikaji Foods International IPO opens on 3 Nov, 2022 and closes on 7 Nov, 2022.
What is the investors portion for Bikaji Foods International IPO?
The investors' portion for QIB is 80.63 x, NII is 7.47 x, and Retail is 4.77 x.
How to apply for Bikaji Foods International IPO?
You can apply for Bikaji Foods International IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Bikaji Foods International IPO?
The issue size of Bikaji Foods International IPO is approx ₹Approx 873.72 Cr : OFS of 29,373,984 shares crores.
What is the price band of Bikaji Foods International IPO?
The price band for Bikaji Foods International IPO is 285 to ₹300 per equity share.
What is the lot size of Bikaji Foods International IPO?
The minimum bid (lot size) for Bikaji Foods International IPO is N/A shares with an investment of approx ₹15,000 .
What is the allotment date of Bikaji Foods International IPO?
The allotment date for Bikaji Foods International IPO is 11 Nov, 2022.
What is the listing date of Bikaji Foods International IPO?
The listing date for Bikaji Foods International IPO is expected to be 16 Nov, 2022.
What is the GMP of Bikaji Foods International IPO?
The latest Grey Market Premium (GMP) for Bikaji Foods International IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.
