Bikaji Foods IPO – Started in the year 1993, Bikaji Foods International limited is one of the largest fast moving consumer goods (FMCG) brands in India.
List of Topic Covered
Key Features of Bikaji Foods IPO
- Bikaji Foods IPO will open on Nov 3, 2022
- You can apply in this IPO from Nov 3, 2022 to Nov 7, 2022.
- Issue Price band of the company is ₹285 to ₹300 per equity share.
- Bikaji Foods IPO comprises only an offer for sale of 29,373,984 equity shares worth of ₹881.22 Crore.
- It has a minimum 50 shares in one lot and you have to spend a minimum of ₹15,000 for 1 lot.
- Bikaji Foods is looking to raise ₹881.22 Crores through this IPO.
What is Bikaji Foods International Limited
- Bikaji Foods is the largest producer of Bikaneri Bhujia (29,380 tonnes) and the second largest producer of handmade papad (9,000 tonnes).
- The company has a variety of product categories like, bhujia, namkeen, packaged sweets, papad, western snacks, gift packs, cookies etc.
- Bikaji Products are promoted by the brand ambassador Mr. Amitabh Bachhan.
- Company has six operational manufacturing facilities, with 4 located in Bikaner (Rajasthan), 1 in Guwahati (Assam) and 1 facility in Tumakuru (Karnataka).
- Mr. Shivratan Agarwal is the Chairman & MD of Bikaji Foods International Ltd.
- On the revenue front, the company has been making consistent profits for the last 3 years. Positive sign for investors.
Bikaji Foods IPO GMP
Grey market is an unregulated market to trade IPO shares before listing. Bikaji Foods IPO price band is placed at ₹285 to ₹300 , but the grey market premium of this share is currently 8.67% i.e. at ₹26. So the share price of Bikaji Foods in the grey market is ₹326 (₹300 + ₹26).
Click here to Get Details IPO Grey Market Premium (GMP) Live
Bikaji Foods IPO Live Subscription Status
Bikaji Foods IPO subscribed 0.67 times on it’s first day i.e. on November 3, 2022.
Click here to Get Details IPO Subscription Status Live
Bikaji Foods IPO Date, Lot Size, Allotment
Bikaji Foods IPO Details
| IPO Start Date | November 3, 2022 |
| IPO Close Date | November 7, 2022 |
| Fresh Equity Share Issue | – |
| Offer for Sale | 29,373,984 equity shares worth of ₹881.22 Crores |
| Face Value | ₹1 Per Equity Share |
| Price Band | ₹285 – ₹300 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
Bikaji Foods IPO Timetable
| IPO Start Date | November 3, 2022 |
| IPO Close Date | November 7, 2022 |
| Basis of Share Allotment Date | November 11, 2022 |
| Refunds Date | November 14, 2022 |
| Credit of shares to Demat Account Date | November 15, 2022 |
| Bikaji Foods IPO Listing Date | November 16, 2022 |
Bikaji Foods IPO Lot Size
| Minimum Lot Size | 50 shares for 1 lot |
| Minimum Amount | ₹ 15,000 for 1 lot |
| Maximum Lot Size | 650 Shares (13 lot) |
| Maximum Amount | ₹195,000 (for 13 Lot) |
Bikaji Foods Financial Report (2020-2022)
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2022 (6M) | ₹777 | ₹721 | ₹41.68 |
| 2021 | ₹1322 | ₹1202 | ₹81.55 |
| 2020 | ₹1083 | ₹1019 | ₹65.20 |
Bikaji Foods IPO – Basis of Allotment
- 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Bikaji Foods IPO ?
- You can apply for the Bikaji Foods IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for Bikaji Foods IPO.
- Also you can apply in this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Bikaji Foods IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Bikaji Foods IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Bikaji Foods IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Bikaji Foods IPO.
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Bikaji Foods IPO Allotment Status
You can check Bikaji Foods IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Bikaji Foods IPO
Bikaji Foods IPO Promoters
- Shiv Ratan Agarwal
- Deepak Agarwal
- Shiv Ratan Agarwal (HUF)
- Deepak Agarwal (HUF)
Bikaji Foods IPO Lead Managers
- JM Financial Limited
- Axis Capital Limited
- IIFL Securities Ltd
- Intensive Fiscal Services Private Limited
- Kotak Mahindra Capital Company Limited
Bikaji Foods Contact Information
Bikaji Foods International Limited
F 196-199,
F 178 & E 188 Bichhwal Industrial Area,
Bikaner – 334 006
- Phone: +91 151 – 2250350
- Email: cs@bikaji.com
- Website: https://www.bikaji.com/
Bikaji Foods IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: bikaji.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Paisa kaudi recommendation on Bikaji Foods IPO
Bikaji Foods is one of the largest manufacturer of organized namkeen, bhujia, papad and sweets in India. aggressively priced . Grey market premium is at ₹72. Can be considered for a long term gain. You can consider this IPO for 10% listing gain.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Bikaji Foods IPO FAQs
It is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹881.22 Crores through this IPO. One lot has minimum 50 shares and you have to spend a minimum ₹15,000 for 1 lot.
Bikaji Foods IPO price band is ₹285 to ₹300.
One lot has minimum 50 shares and you have to spend a minimum ₹15,000 for 1 lot. Maximum lot is 13 and you have to spent ₹1,95,000.
35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Bikaji Foods IPO will open on November 3, 2022.
Basis of Allotment for Bikaji Foods IPO will happen on November 11, 2022 and allotted shares will be deposited in your demat account on November 15, 2022.
Shares of Bikaji Foods IPO will list in the market on November 16, 2022.
This covers all the points on Bikaji Foods IPO. Please write in the comment box if you need any further information on this.
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