The India’s largest snacks and sweets (“FMCG”) brands company Bikaji Foods International IPO will be hit the marke 03 November 2022 and closes on 07 November 2022. According to DRHP, the company wants to raise ₹881.22 crore through IPO. The company will issue fresh shares of ₹- crores through this IPO and will issue shares through offer for sale of 29,373,984 shares .
The company has reserved 50% for QIB, 15% for NII and 35% for Retail Investor in this IPO.
Bikaji Foods International Limited is an one of India’s largest fast-moving consumer goods (“FMCG”) brands with an international footprint, selling Indian snacks and sweets, and are among the fastest growing companies in the Indian organised snacks market. The company largest manufacturer of Bikaneri bhujia with annual production of 26,690 tonnes, and the second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in Fiscal 2021. You can check Bikaji Foods IPO GMP here.
The company also one of the largest manufacturers of packaged rasgulla with the annual capacity of 24,000 tonnes and one of the largest manufacturers of soan papdi and gulab jamun with annual capacity of 23,040 tonnes and 12,000 tonnes. You can check Bikaji Foods IPO subscription status here.
The company over the years established market leadership in the ethnic snacks market in our core states of Rajasthan, Assam and Bihar with extensive reach, and have gradually expanded our footprint across India, with operations across 22 states and three union territories as of September 30, 2021. The company has exported our products to 35 international countries, including countries in North America, Europe, Middle East, Africa, and Asia Pacific, representing 4.60% of our sales of food products in such period.
The company product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily includes gift packs (assortment), frozen food, mathri range and cookies. In the six months ended September 30, 2021, company sold more than 250 products under the Bikaji brand.
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The company product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily includes gift packs (assortment), frozen food, mathri range and cookies. In the six months ended September 30, 2021, company sold more than 250 products under the Bikaji brand. The company developed a large pan-India distribution network.
As of September 30, 2021, we had five depots, 43 superstockists, 438 direct and 1,644 indirect distributors that work with our superstockists, located across 22 states and three union territories in India. You can check to kknow Bikaji Foods IPO Allotment status here.
Object Of the Issue :
- The issue Offer for Sale by the Selling Shareholders. The Company will not receive any proceeds from the Offer.
Company Strengths :
- Well-established brand with pan-India recognition
- Diversified product portfolio focused on various consumer segments and markets
- Strategically located, large scale sophisticated manufacturing facilities with stringent quality standards
- Extensive pan-India and global distribution network, arrangements with reputed retail chains and growing ecommerce and exports channel
- Consistent financial performance
- Experienced Promoters and management team
Bikaji Foods International IPO Review :
■ Apply For Listing Gain And Long Term
Bikaji Foods International IPO Date & Price Band & Details :
| Issuue Type : | Book Building Issue |
| IPO Open : | 03 November 2022 |
| IPO Close : | 07 November 2022 |
| IPO Size : | ₹881.22 Cr {29,373,984 Shares} |
| Face Value : | ₹1. Equity Share |
| Price Band : | ₹285–₹300 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹881.22 Cr {29,373,984 Shares} |
| Fresh Issue : | ₹-. Cr |
| Offer For Sale : | ₹881.22 Cr {29,373,984 Shares} |
| EMP Size : | ₹15 Per Shares |
| EMP Discount : | ₹7.13 Cr {250,000 Shares} |
Bikaji Foods International IPO Market Lot :
Bikaji Foods International IPO Minimum Market lot is 1 Lot with 50 shares with ₹15,000 Application amount. The retail investors can apply up to 13 lots with 650 Shares or ₹195,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 50 Shares |
| Minimum Amount : | ₹15,000 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 650 Shares |
| Maximum Amount : | ₹195,000 |
Bikaji Foods International IPO Shares Offer :
A Total of 29,373,984 shares are to be bid for the public issue by Bikaji Foods International IPO with – for Fresh issue and 29,373,984 for offer for sale Shares.
| Category | Shares Offers | Amount |
| Fresh issue : | – | ₹– |
| Offer For Sale : | 29,373,984 | ₹881.22 Cr |
| Total : | 29,373,984 | ₹881.22 Cr |
Bikaji Foods International IPO Reservation :
Bikaji Foods International IPO Total Reservation of 29,373,984 shares are to be bid for the public issue by Bikaji Foods International IPO with 14,561,992 for QIB and 43,68,598 for NII 10,193,394 For RII & 2,50,000 Shares EMP.
| Category | Reservation | Shares | Amount |
| QIB : | 50% | 14,561,992 | ₹436.86 Cr |
| NII : | 15% | 43,68,598 | ₹131.05 Cr |
| RII : | 35% | 10,193,394 | ₹305.80 Cr |
| EMP : | – % | 2,50,000 | ₹7.50 Cr |
| Total : | 100% | 29,373,984 | ₹881.22 Cr |
Bikaji Foods International IPO EPS & RoNW:
The Bikaji Foods International company’s EPS growth & RoNW is Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net worth % |
|---|---|---|
| 2022 | ₹3.15 | 9.51 % |
| 2021 | ₹3.71 | 14.93 % |
| 2020 | ₹2.32 | 10.65 % |
| 2019 | ₹2.11 | 10.84 % |
Bikaji Foods International IPO Peer Comparison PE :
The Bikaji Foods International, According to DRHP of the few company is listed whose PE Multiple is shown in this table.
| Sr. No. | Company | PE Ratio |
| 1. | Prataap Snacks Limited | 122.8 |
| 2. | DFM Foods Limited | 49.30 |
| 3. | Nestle India Limited | 83.20 |
| 4. | Britannia Industries Limited | 44.9 |
Bikaji Foods International IPO Dates :
Bikaji Foods International IPO Date is 03 November 2022 and closes on 07 November 2022. The allotment will be finalized on 11 November 2022 and the IPO may list on 16 November 2022.
| Open Date : | 03 November 2022 |
| Close Date : | 07 November 2022 |
| Allotment Date : | 11 November 2022 |
| Refund Date : | 14 November 2022 |
| Share Credit Date : | 15 November 2022 |
| Listing Date : | 16 November 2022 |
Bikaji Foods International IPO Form :
There are two ways to apply in Bikaji Foods International IPO. You can apply for Bikaji Foods International IPO through ASBA available in your bank account. You have to go to your online bank login and select Bikaji Foods International IPO in the Invest section and apply through your bank account. Another option is you can apply for Bikaji Foods International IPO through IPO form download through NSE and BSE. See the Bikaji Foods International IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.
Bikaji Foods International Company Financial Report (millions) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹16,214.51 | ₹15,164.39 | ₹760.27 |
| 2021 | ₹13,222.12 | ₹12,020.99 | ₹903.36 |
| 2020 | ₹10,829.01 | ₹10,192.60 | ₹563.71 |
| 2019 | ₹9,106.46 | ₹8,347.90 | ₹509.29 |
Company Promoters :
■ Shiv Ratan Agarwal
Quick Link :
■ DRHP Draft Prospectus
■ RHP Draft Prospectus
■ Anchor Investor
Bikaji Foods International IPO Lead Managers :
■ JM Financial Limited
■ Axis Capital Limited
■ IIFL Securities Limited
■ Intensive Fiscal Services Private Limited
■ Kotak Mahindra Capital Company Limited
Bikaji Foods International IPO Registrar :
Link Intime India Private Limited
C-101, 247 Park, L.B.S. Marg,
Vikhroli (West) Mumbai 400 083
Maharashtra, India
Tel: +91 22 4918 6200
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.linkintime.co.in
Note: Check Bikaji Foods International IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here
Company Address :
Bikaji Foods International Limited
F 196-199, F 178 and E 188,
Bichhwal Industrial Area,
Bikaner – 334 006
Rajasthan, India
Telephone: +91 151 -2250350
E-mail: [email protected]
Website: www.bikaji.com
Bikaji Foods International IPO FAQs :
What is Bikaji Foods International IPO?
Bikaji Foods International IPO is Mainboard IPO. They are going to raise ₹881.22 Crores via IPO. The issue is priced at ₹285-₹300 per equity share. The IPO is to be listed on NSE, BSE.
When Bikaji Foods International IPO will open?
The IPO is to open on 03 Nove -07 Nov for QIB, NII & RII.
What is Bikaji Foods International IPO Size?
Bikaji Foods International IPO size is ₹881.22 Crores.
What is the Fresh issue size of Bikaji Foods International IPO?
The Fresh issue size of Bikaji Foods International IPO ₹- Cr.
What is the Offer For Sale size of Bikaji Foods International IPO?
The Offer For Sale size of Bikaji Foods International IPO ₹881.22 Cr.
What is Bikaji Foods International IPO Price Band?
Bikaji Foods International IPO Price Band is ₹285-₹300 Per share.
What is Bikaji Foods International IPO Minimum and Maximum Lot Size?
The minimum 50 Shares with ₹15,000 amount while the maximum 650 shares with ₹195,000.
What is Bikaji Foods International IPO Investors Portion?
The investors’ portion for QIB 50%, NII 15%, RII 35%.
What is Bikaji Foods International IPO Allotment Date?
Bikaji Foods International IPO allotment date is 11 November 2022.
What is Bikaji Foods International IPO Listing Date?
Bikaji Foods International IPO listing date is 16 November 2022. The IPO to list on NSE, BSE.
How to Apply the Bikaji Foods International IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Bikaji Foods International IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Bikaji Foods International IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Bikaji Foods International IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Bikaji Foods International IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Bikaji Foods International IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Bikaji Foods International IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Bikaji Foods International IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Bikaji Foods International IPO GMP: Click Here Bikaji Foods International IPO Subscription: Click Here Bikaji Foods International IPO Allotment: Click Here Bikaji Foods International IPO Listing: Click Here Bikaji Foods International IPO Web Story: Click Here |
All Bikaji Foods International IPO-related links are available here. If you want to know the details then click on Click Here Link.
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