Bikaji Foods International

Bikaji Foods International

Mainboard

₹15,000 / 50 Shares

Offer Date:Nov 3, 2022 - Nov 7, 2022
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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

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Bikaji 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.

ApplicationLotsSharesAmount
Retail (Min)150₹15,000
Retail (Max)13650₹1,95,000
S-HNI (Min)14700₹2,10,000
S-HNI (Max)663300₹9,90,000
B-HNI (Min)673350₹10,05,000

Bikaji Foods International IPO Timeline

IPO Open Date
3 Nov, 2022
IPO Close Date
7 Nov, 2022
Basis of Allotment
11 Nov, 2022
Listing Date
16 Nov, 2022

Issue Price

285-300 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Limited

Lead Manager

JM Financial Consultants Private Limited Axis Capital Limited,IIFL Securities Ltd ,Intensive Fiscal Services Private Limited ,Kotak Mahindra Capital Company Limited

Issue Size

Approx 873.72 Cr : OFS of 29,373,984 shares

Bikaji Foods International IPO Financial Information

Period EndedAssetsRevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31 Mar 221102.131621.4576.03---
31 Mar 21817.151322.2190.34---
31 Mar 20676.641082.956.37---
31 Mar 19630.9910.6550.93---

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 IssueShare 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.

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Bikaji Foods International IPO Subscription Details

As onQIBNII
bNII  sNII
RetailTotal
Shares Offered / Reserved5,824,797
4,368,598

2,912,398    1,456,200
10,193,39520,636,790
Day 1 -03-11-22 05:00 PM
0.01 x
0.58

0.40 x   0.94 x
1.10 x0.67 x
Day 2 -04-11-22 05:00 PM
0.03 x
1.42

1.04 x   2.17 x
2.33 x1.48 x
Day 3 -07-11-22 05:00 PM
80.63 x
7.10

7.47 x   6.34 x
4.77 x26.67 x
Total No. of Applications:860143 (Approx)

Company Contact Details

Bikaji Foods International

Phone: -

Email: -

Website: -

Registrar Contact Details

-

Phone: -

Email: -

Website: -

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.

PD

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.

Bikaji Foods International IPO Date, Review, Price, Allotment Details, GMP | IPOROCK