Bikaji foods ipo gmp

The anchor book for the IPO will open on November 2, Wednesday. The issue will open for subscription for investors on Thursday and will conclude on Monday, November 10. The IPO listing is likely by November 16. The offer is purely an offer for sale (OFS) of 29,373,984 shares. Selling shareholders include Shiv Ratan Agarwal (up to 2,500,000 shares), Deepak Agarwal (up to 2,500,000 shares) India 2020 Maharaja (up to 12,110,967 shares), Intensive Softshare (up to 50,000 shares), IIFL Special Opportunities Fund (up to 3,110,056 shares), among others. Last heard, the IPO was commanding a grey market premium (GMP) of Rs 70 in the grey market. Bikaji Foods has four manufacturing facilities, with a total manufacturing capacity of 400 TPD, producing 300 products such as Bhujia, Namkeen, papad, Western snacks and cookies amongst others. Bhujia accounts for nearly 35 per cent of its sales. Bikaji as a brand was launched by Shiv Ratan Agarwal in 1993. The brand has a market leadership in the ethnic snacks market in Rajasthan, Assam, and Bihar. Bikaji operated in 23 states and four union territories as of June 30. It also exports its products to 21 international countries, which account for 3.2 per cent of its total sales. As far as the company's financials are concerned, Bikaji’s revenue from operations climbed 22.90 per cent yoY to Rs 1,610.96 crore in FY22 compared with Rs 1,310.75 crore in FY21, primarily due to increase in volume and realisation of products, in particular bhujia, ...

Bikaji Foods IPO will be open from 03 November 2022 and closes on 07 November 2022. Bikaji Foods IPO GMP Kostak rate and Subject to Sauda updated as of Today. Bikaji Foods IPO Grey Market Premium has been Started with High Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates. Check 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. 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 here to know Bikaji Foods International IPO GMP and Bikaji Foods International IPO subscription status here. What is Bikaji Foods IPO Kostak Rates Today? ■ The Bikaji Foods IPO Kostak rate is₹300. What is Bikaji Foods IPO Subject to Sauda Price Today? ■ The Bikaji Foods IPO Subject to Sauda rates is₹500. Bikaji Foods IPO Approximately Returns? ■ The Bikaji Foods IPO’s approximate return is10%-12%. And it can also change ...

Bikaji Foods IPO Details: Bikaji Foods IPO date is fixed, the IPO is to hit the market in November 3 and will close on November 7. Bikaji Foods IPO to raise around ₹881 crores via IPO that comprises fresh issue of ₹[.] crores and offer for sale up to 29,373,984 equity shares of ₹1 each. The retail quota is 35%, QIB is 50%, and HNI is 15%. Bikaji Foods International Limited is one of the leading FMCG brands in India. They are selling snacks and sweets. They are the largest manufacturer of Bikaneri bhujia, soan papdi, packaged rasgulla, and gulab jamun. The product range also includes Namkeen, Papad, Sweets, Snacks, Combo Packs, Bhujia, and more. They are selling around 250 products under their brand. The company was launched in 1993 by Shiv Ratan Agarwal. Don’t miss: The company has operations in 22 states and 3 union territories. They are also selling in around 35 countries. They have six manufacturing facilities with four facilities located in Bikaner (Rajasthan), one in Guwahati (Assam), and one facility in Tumakuru (Karnataka) held through our subsidiary Petunt Food Processors Private Limited to cater to the southern markets in India. They have 2 contract manufacturing units in Kolkata (West Bengal) and Mumbai. Check out Bikaji Foods IPO details. Know How to apply for Bikaji Foods IPO by clicking on the link : Important Details • One of the leading FMCG brands in India. • The company is growing in terms of Revenues and Profit. • Selling over 250 products under their bra...

Bikaji Foods IPO: The initial public offer (IPO) of Bikaji Foods International Ltd got fully subscribed on second day of its subscription. Apart from this, after two days of successive losses, Indian secondary market witness trend reversal as key benchmark indices ended higher on the weekend session. These developments have probably gone down well at grey market as well. According to market observers, shares of Bikaji Foods International Ltd are steady at a premium of ₹40 in grey market today. On Friday, Bikaji Foods IPO GMP was ₹27 per equity share. Bikaji Foods IPO GMP today As per the stock market observers, ₹40, which is unchanged for last two days. On Friday, Bikaji Foods IPO GMP was at ₹27. They said that rise in Bikaji Foods IPO GMP in last two days can be attributed to two major reasons — trend reversal on Dalal Street on Friday and the public issue getting fully subscribed on day two of subscription. They said that grey market sentiment may further shot up if the market opens higher on Monday as Bikaji Foods IPO GMP was once at ₹100 ahead of subscription opening. Bikaji Foods IPO subscription status On day three of bidding by 2:03 PM, Bikaji Foods IPO has been subscribed 7.24 times whereas its retail portion got subscribed 3.71 times. Bikaji Foods IPO other details The public issue opened for subscription on 3rd November 2022 and it will remain open for bidding till 7th November 2022. This means, investors have just one day in their hand to apply for the IPO as bi...

Search Review Crow Top Contributor (400+ Posts, 200+ Likes) Subscribe for Long Term at Cut-off Price FMCG stocks are my darling. Applying with full force despite low GMP (33) and high asking price (PE is 92+). Nov 7, 2022 1:51:57 PM M.K. Top Contributor (300+ Posts, 200+ Likes) Subscribe for Listing Gain at Cut-off Price Better FMCG Companies are available. Just apply for listing gains and if it surges beyond expectations on listing day, keep modifying the SL and wait for it to peak and then exit. Nov 3, 2022 1:35:07 PM B.M.SURANA IPO Mentor (900+ Posts, 1000+ Likes) Subscribe for Listing Gain at Cut-off Price Grey market Mein Sale karke Apply karo. OFS hai Company k Pass kuch Aane wala nhi hai. Bikaji ke Promoters Maalamaal. 1 Nov 3, 2022 11:37:29 AM Abhijeet Kumar Avoid Instead of applying in such poor quality IPO like Fusion and Global health its better to buy good quality scrips from secondary market which are trading at cheap valuations. Few of my suggestions to buy would be : Sanofi India, Johnson Control, Tamilnad Merchantile Bank, GE T&D India, Bector Foods, Railtel etc, Nov 3, 2022 2:21:51 AM Liger Top Contributor (200+ Posts, 400+ Likes) Neutral Very low margin business operating in highly competitive market. Very high PE (119). Nothing left on the table for listing gains to Medium term Investment. 1 Nov 2, 2022 3:46:17 PM Share Views Subscribe for Long Term at Cut-off Price Long term retail investors will at least not loose their money like Adani Power having to...

Premium Bikaji Foods IPO opens today: Here’s everything you need to know Bikaji Foods international IPO, Check Price Band, Review: The Rs 881 crore initial public offering (IPO) of snacks and sweets maker Bikaji Foods International is available from November 3-7, 2022. It has a price band of Rs 285-300 per share. Bikaji Foods International Ltd IPO GMP: The initial public offering (IPO) of snacks and sweets maker Bikaji Foods International opened for subscription on Thursday, November 3, 2022. It opened for public subscription at 10 am and was subscribed around 21 per cent by 12:06 pm on the first day of bidding. It received total bids for 44,26,750 shares across both the stock exchanges against 2,06,36,790 shares on offer, data from National Stock Exchange (NSE) showed. The Rs 881 crore Bikaji Foods Monday, November 7, 2022, and the price band has been fixed at Rs 285-300 per share. The IPO is purely an offer-for-sale (OFS) of 29,373,984 equity shares by its promoters and existing shareholders. The company will not receive any proceeds from the issue. Among the selling shareholders are both the promoters – Shiv Ratan Agarwal and Deepak Agarwal, who are looking to sell up to 25 lakh company shares each. Apart from the promoters, existing investor selling shareholders are – India 2020 Maharaja Ltd, Intensive Softshare Pvt Ltd, IIFL Special Opportunities Funds and Avendus Future Leaders Fund I. Half of the issue size has been reserved for qualified institutional buyers (QIBs)...

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 June 30, 2022, the company sold more than 300 products under the Bikaji brand. The company was the largest manufacturer of Bikaneri bhujia with an 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. 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 23 states and three union territories as of June 30, 2022. In the six months ended June 30, 2022, The company has exported the products to 21 international countries, including North America, Europe, the Middle East, Africa, and Asia Pacific, representing 3.20% 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 Bik...

Snacks and sweets maker Bikaji Foods International Ltd’s initial public offering (IPO) opened for subscription on November 3. The Bikaji Foods IPO GMP Today, the shares of Bikaji Foods International Ltd are available at Rs 38 in the grey market. The finalization of the basis of share allotment of Bikaji Foods IPO is expected to take place this week on Friday, November 11, 2022, and if allotted, then the credit of shares to the Demat account of bidders will be done next week on Tuesday, November 15, 2022. The registrar for this IPO is Link Intime Bikaji Foods IPO: Issue Price Under the IPO, investors will be able to buy shares of Bikaji Foods in a price band of Rs 285 to Rs 300 per piece. Bikaji Foods IPO: Lot Price Bikaji Foods shares are available in a lot of 50. This means that it will cost between Rs 14,250 and Rs 15,000 for investors to buy one lot. Bikaji Foods has aimed at mobilizing Rs 881.22 crore through the IPO. Its IPO opened for the subscription until November 3 and the bidding will continue till November 7. The allotment is scheduled for November 11 while the refund initiation will take place on November 14. The listing will most likely happen on November 16. About Bikaji Foods Bikaji Foods is the third-largest ethnic snack-making company in India which has a presence in the international markets as well. Bikaji Foods is also the second fastest-growing company in the organised snacks market. It operates in a total of 23 states and four Union Territories while ...

Investors and bidders have the last chance to bid for the initial public offering (IPO) of the Bikaji Foods International Ltd today. The IPO opened for subscription on Thursday, November 3, 2022, and today (Monday, November 7, 2022) is the final day of the bidding process. It can be known that Bikaji Foods IPO got fully subscribed on the second day of its subscription. Coming to the Grey Market Premium (GMP), according to market observers, shares of Bikaji Foods are at a premium of Rs. 40 today, as per a After two days of the bidding process, the public issue worth Rs. 881.22 crore has been subscribed 1.48 times whereas its retail portion got subscribed 2.33 times. Once the three day bidding process ends, the share allotment status is likely to be finalised on November 11, 2022. While, the shares of the company are expected to list on leading stock exchanges BSE and NSE on Wednesday, November 16, 2022. After the declaration of the share allotment status of the Bikaji Foods IPO, investors and bidders of the issue will be able to check it online via BSE or the registrar of the IPO that is- Link Intime India Private Ltd. Also, you can subscribe for the issue online via several third-party applications like Groww, Zerodha, among others. Here are the steps you can follow: Bikaji Foods IPO: How to apply via Groww 1. Login to the application and click on the IPO tab. 2. Select Bikaji Foods IPO and click on Apply. You will then have to place your bid and mention the lots. 3. Choos...

The Bikaji Foods IPO has begun on 03-Nov-2022. It will close on 07-Nov-2022. The Total IPO Size is 881.22 Crore. The company set its IPO price is 285-300 Rs Per Share. Basically, there are three basic categories in Bikaji Foods IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Retail Individual Investors (RIIs). Bikaji Foods is established in 1995. Bikaji Foods International Limited are one of India’s largest fast-moving consumer goods (“FMCG”) brands.The product range includes six principal categories like 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, They sold more than 250 products under the Bikaji brand. They were the largest manufacturer of Bikaneri bhujia with annual production of 26,690 tonnes, and we were the second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes. They are 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 respectively. They have over the years established market leadership in the ethnic snacks market in the core states of Rajasthan, Assam and Bihar with extensive reach, and have gradually expanded the footprint across India, with operatio...