Bikaji Foods IPO price band, GMP, Allotment, Listing date and Price

Bikaji Foods IPO details (3 Nov – 7 Nov), (Price ₹285 to ₹300)

Bikaji Foods IPO price band, GMP, Allotment, Listing date and Price
Bikaji Foods IPO price band, GMP, Allotment, Listing date and Price

Listing date and Listing Price of Bikaji Foods IPO:

  1. Bikaji Foods IPO listed on BSE and NSE exchanges on – Click Here
  2. Listing Price of Bikaji Foods IPO on NSE – Click Here
  3. Listing Price of Bikaji Foods IPO on BSE – Click Here

Grey Market premium (GMP) price of Bikaji Foods IPO:

Grey Market premium (GMP) price of Bikaji Foods IPO is Rs. __. Grey Market premium (GMP) of Bikaji Foods IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.

Bikaji Foods IPO Allotment link status on Link Intime:

  1. Check the allotment status of Bikaji Foods IPO on the below link given by Link Intime.
  2. Bikaji Foods IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html

Bikaji Foods IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.

Bikaji Foods IPO subscription status details:

QIB (Qualified Institl. Bidders)NIB (Non-institutional Investor)RII (Retail Individual Investor)Employee categoryTotal No. of times applied
No. of shares offered     
Day 1     
Day 2     
Day 3     
Bikaji Foods IPO subscription status live

Bikaji Foods IPO highlights:

Bikaji Foods IPO bid Opens on 3 Nov 2022
Bikaji Foods IPO bid Closes on7 Nov 2022
Post issue Modification Period8 – Nov -2022 (10 to 11 am)
Cut-off time for UPI Mandate Confirmation8 – Nov -2022 (upto 12:00 PM)
Issue type100% Book Building
Bikaji Foods IPO issue size₹ 881.22 Cr
Face value of each equity shareRs. 1
Bikaji Foods IPO Price bandRs 285 to Rs 300 per share
Bikaji Foods IPO market lot50 equity shares and multiples
Bikaji Foods IPO minimum order quantity50 equity shares
Pre IPO equity share of promoters of Bikaji Foods77.97 %
Post IPO paid-up equity share of promoters of Bikaji Foods75.96 %
QIB portion reservation in Bikaji Foods IPO50 %
NIB portion reservation in Bikaji Foods IPO15 %
Retail portion reservation in Bikaji Foods IPO35 %
Retail individual bidder can apply in Bikaji Foods IPOup to 2 lakh (200,000) – Maximum 13 Lot
Retail individual discount in Bikaji Foods IPONA
Employees can apply in Bikaji Foods IPONA
Employees Reservation in Bikaji Foods IPONA
Employees Discount in Bikaji Foods IPORs. 15 per equity share
Listing of Bikaji Foods at ExchangesNSE, BSE
Fund raised from Anchor Investors in Pre-IPO of Bikaji FoodsNA
Registrar of Bikaji Foods IPO issueLink Intime India Private Limited
Bikaji Foods IPO highlights

Bikaji Foods IPO important dates regarding bidding, allotment, listing, refund etc. :

The probable dates regarding bidding, allotment, listing, refund of Bikaji Foods IPO are mentioned below.

Bikaji Foods IPO opens on03.11.2022
Bikaji Foods IPO Closes on07.11.2022
Allotment basis date of Bikaji Foods IPO11.11.2022
Money refund date of Bikaji Foods IPO14.11.2022
Shares of Bikaji Foods in Demat Account15.11.2022
Bikaji Foods IPO listing date on NSE, BSE16.11.2022
Bikaji Foods IPO important dates regarding bidding, allotment, listing, refund etc.

How much shares of Bikaji Foods IPO are being offered?

Type of Issue (Fresh / OFS)No. of Equity shares offeredAmount of Equity shares
Total Issue size881.22 Crore
Fresh Issue size₹ 0 Crore
Offer for Sale (OFS)881.22 Crore
Employee Reservation
No. of Equity shares offered of Bikaji Foods IPO

Bikaji Foods financial statements details:

IPO Red Herring Prospectus (RHP) of Bikaji Foods:

Click here for IPO RHP of Bikaji Foods on SEBI website.

Objectives of the Bikaji Foods IPO Issue: (Source – RHP)

OFS

The objects of the Offer are to (i) achieve the benefits of listing the Equity Shares on the Stock Exchanges; and (ii) carry out the Offer for Sale of up to 293,73,984 Equity Shares by the Selling Shareholders. Further, our Company expects that the proposed listing of its Equity Shares will enhance our visibility and brand image as well as provide a public market for the Equity Shares in India. The Selling Shareholders will be entitled to the entire proceeds of the Offer after deducting the Offer expenses and relevant taxes thereon. Our Company will not receive any proceeds from the Offer.

Business of Bikaji Foods: (Source – RHP)

We are the third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and are the second fastest growing company in the Indian organised snacks market. (Source: F&S Report) In Fiscal 2022, we were largest manufacturer of Bikaneri bhujia with annual production of 29,380 tonnes, and we were the second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in Fiscal 2022. (Source: F&S Report) We are also the third largest player in the organised sweets market with annual capacity of 24,000 tonnes for packaged rasgulla, 23,040 tonnes for soan papdi and 12,000 tonnes for gulab jamun. (Source: F&S Report) We have given a novel twist to classic Indian snacks with a contemporary taste along with maintaining the regional flavours to address the evolving consumer preferences in India and internationally. (Source: F&S Report)

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