
Bikaji Foods International Limited IPO
MainboardPackaged Foods
Listed On: Nov 16, 2022 at ₹ 322.8(NSE)
₹ 15000 /50 Shares
Check AllotmentPrice Summary
Last Closing
735.00 (145%)52 Week High
1,007.9552 Week Low
558.80Last Update
4-Jul-2025 3:30 PM03 Nov, 2022
Open Date07 Nov, 2022
Close Date11 Nov, 2022
Allotment Date16 Nov, 2022
Listing DateIssue Price
285-300 per equity shareFace Value
₹1 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LimitedList Price
322.8(NSE)Listing Date
2022-11-16Market Lot
50 Shares (₹15,000/-)sHNI : 700 Shares (₹2,10,000/-)
bHNI : 3,350 Shares (₹10,05,000/-)
Lead 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 sharesRetail Portion
35% (Number of Retail Applications : 2,03,860 Approx),(Number of sHNI Applications : 2,080 Approx),
(Number of bHNI Applications : 4,160 Approx)
Subscription
26.67 timesBikaji Foods International IPO Details
The IPO of Bikaji Foods International is priced at ₹285-300 per equity share, which has a face value of ₹1 Per Equity Share each, IPO bidding starts from Nov 3, 2022 and ends on Nov 7, 2022. The allotment for Bikaji Foods International IPO will be finalized on Nov 11, 2022. Bikaji Foods International IPO will be listed on BSE, NSE, with a tentative listing date fixed as Nov 16, 2022. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are JM Financial Consultants Private Limited Axis Capital Limited,IIFL Securities Ltd ,Intensive Fiscal Services Private Limited ,Kotak Mahindra Capital Company Limited.
The Bikaji Foods International IPO sets its price band at 285-300 for each share. A single application for Bikaji Foods International Limited IPO must contain at least 50 shares.
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 |
Bikaji Foods International Valuations
Earnings Per Share (EPS)
₹3.71/-P/E Ratio
N/ARoNW
14.93%Net Asset Value (NAV) - As on 31.03.22
₹24.85Bikaji Foods International Company Financials All values are in ₹ Cr.
31-Mar-22 | 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
---|---|---|---|---|
Assets | 1102.13 | 817.15 | 676.64 | 630.9 |
Revenue | 1621.45 | 1322.21 | 1082.9 | 910.65 |
Profit After Tax | 76.03 | 90.34 | 56.37 | 50.93 |
About The 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 - Promoter(s)
Pre Issue Share Holding: 77.97%
Post Issue Share Holding: N/A%
- Shiv Ratan Agarwal
- Deepak Agarwal
- Shiv Ratan Agarwal (HUF)
- Deepak Agarwal (HUF)
Bikaji Foods International IPO - Issue Objectives
- The Selling Shareholders will be entitled to the entire proceeds of the Offer after deducting the Offer expenses and relevant taxes thereon. The Company will not receive any proceeds from the Offer.
Bikaji Foods International IPO - Anchor Investors
Participants in the anchor book included the Government of Singapore, ICICI Prudential, HDFC Mutual Fund, Nippon Life India, Aditya Birla Sun Life, Whiteoak Capital, Blackrock Global Funds, Goldman Sachs, Morgan Stanley, Eastspring Investments, Neuberger Berman Emerging Markets Equity Master Fund, Max Life Insurance, Tata Mutual Fund, Carmignac Portfolio, Kotak Mutual Fund, Bay Capital and Edelweiss.
Bikaji Foods International IPO - FAQs
Ans. Bikaji Foods International Limited IPO is a Mainboard IPO. The issue is priced at 285-300 per equity share. The minimum order quantity is 50 Shares. The IPO opens on Nov 3, 2022, and closes on Nov 7, 2022. Link Intime India Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Bikaji Foods International Limited IPO opens on Nov 3, 2022 and closes on Nov 7, 2022.
Ans. The size of Bikaji Foods International Limited IPO is Approx 873.72 Cr : OFS of 29,373,984 shares.
Ans. The IPO price band is set between 285-300 per equity share.
Ans. To apply for Bikaji Foods International Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Bikaji Foods International Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Bikaji Foods International Limited IPO is Nov 11, 2022.
Ans. The Bikaji Foods International Limited IPO will be listed on Nov 16, 2022.
Ans. Follow the steps to check the allotment status for Bikaji Foods International Limited IPO here.