IPO

Bikaji Foods International Limited IPO

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Packaged Foods

Listed On: Nov 16, 2022 at ₹ 322.8(NSE)

₹ 15000 /50 Shares

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Price Summary

Last Closing

962.10 (220.7%)

52 Week High

965.95

52 Week Low

450.20

Last Update

20-Sep-2024 3:30 PM

Bikaji Foods International IPO Details

03 Nov, 2022

Open Date

07 Nov, 2022

Close Date

11 Nov, 2022

Allotment Date

16 Nov, 2022

Listing Date

Issue Price

285-300 per equity share

Face Value

₹1 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Limited

List Price

322.8(NSE)

Listing Date

2022-11-16

Market 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 Limited

Issue Size

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

Retail 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 times

IPO Docs

DRHP RHP

Bikaji Foods International IPO Subscription Details

As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved5,824,7974,368,598
2,912,398    1,456,200
10,193,39520,636,790
Day 1 - 03-11-22 05:00 PM0.01 x0.58
0.40 x   0.94 x
1.10 x0.67 x
Day 2 - 04-11-22 05:00 PM0.03 x1.42
1.04 x   2.17 x
2.33 x1.48 x
Day 3 - 07-11-22 05:00 PM80.63 x7.10
7.47 x   6.34 x
4.77 x26.67 x
Total No. of Applications: 860143 (Approx)

Bikaji Foods International Valuations

Earnings Per Share (EPS)

₹3.71/-

P/E Ratio

N/A

RoNW

14.93%

Net Asset Value (NAV) - As on 31.03.22

₹24.85

Bikaji Foods International Company Financials All values are in ₹ Cr.

31-Mar-2231-Mar-2131-Mar-2031-Mar-19
Assets1102.13817.15676.64630.9
Revenue1621.451322.211082.9910.65
Profit After Tax76.0390.3456.3750.93

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.

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Bikaji Foods International - Promoter(s)

Pre Issue Share Holding: 77.97%

Post Issue Share Holding: N/A%


Company Promoter(s)

  1. Shiv Ratan Agarwal
  2. Deepak Agarwal
  3. Shiv Ratan Agarwal (HUF)
  4. Deepak Agarwal (HUF)

Bikaji Foods International IPO - Issue Objectives

  1. 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

Bikaji Foods International anchors Rs 262 crore from investors ahead of IPO.
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.