Bikaji Foods International Limited IPO GMP, Review, Price, Allotment
Bikaji Foods International Limited is one of the largest fast-moving consumer goods (“FMCG”) brands in India. The company’s range includes six main categories: bhujia, namkeen, packaged sweets, papads, Western snacks, as well as other snacks that mostly consist of gift packs (assortments), frozen products, the Mathri series, and biscuits. In six months ending 30 June 2022, the company sold over 300 products under Bikaji brand.
The company is the largest producer of Bikaneri Bhujias, producing 29,380 tonnes per year, while in FY2022, we are the second largest producer of hand-rolled papads, producing 9000 tonnes per year. The company has international presence, markets Indian snacks and confectionery products, and is one of the fast-growing companies in India’s organized snacking market.
The company has established a dominant position in key states like Rajasthan, Assam, and Bihar for years, and has an extended reach. It has been slowly expanding its reach throughout India, operating across 23 states and three Union Territories as on 30 June 2022. In the six months ended June 30, 2022, the Company exported products to 21 international countries including North America, Europe, the Middle East, Africa, and Asia-Pacific, accounting for 3.20 per cent of our sales in food products during those periods. Bikaji Foods International Limited has six operational production units which are operated by Us, four units located at Bikaner (Rajasthan), one at Guwahati (Assam), and one at Tumakuru (Tumkur) (Karnataka) held under Petunt Food Processors Private Limited for catering to southern markets of India.
Bikaji Foods International Limited IPO Important Dates
|Opening Date||3 November 2022|
|Closing Date||7 November 2022|
|Basis of Allotment||11 November 2022|
|Initiation of refunds||14 November 2022|
|Transfer of shares to demat accounts||15 November 2022|
|Listing Date||16 November 2022|
Bikaji Foods International Limited IPO Details
|Price Band||₹285 to ₹300 per share|
|Lot Size||50 Shares|
|Minimum Amount for 1 lot||₹15,000|
|Total IPO size||₹881.22 crore|
|Offer for Sale||29,373,984 shares|
|Listing At||BSE, NSE|
|DRHP Draft Prospectus||Click Here|
|RHP Draft Prospectus||Click Here|
Objects of the Issue
- The listing will enhance its visibility and brand image
- To provide a public market for the equity shares in India
|Period Ended||Total Assets||Total Revenue||Profit After Tax||Net Worth||Total Borrowing|
Revenue, EBITDA and PAT
|Particulars (in Rs. Crores)||FY22||FY21||FY20|
|Particulars (in Rs. Crores)||FY22||FY21||FY20|
|Net cash generated from / (used in) operating activities||57.5||117.2||60.7|
|Net cash from / (used in) investing activities||-231.6||-114.1||-63.5|
|Net cash flow from / (used in) financing activities||-5.3||-9.1||-31.5|
|Net increase (decrease) in cash and cash equivalents||-5.3||-5.9||-34.3|
IPO Valuation – FY2022
|Earning Per Share (EPS):||₹3.71 per Equity Share|
|Price/Earning P/E Ratio:||N/A|
|Return on Net Worth (RoNW):||14.93%|
|Net Asset Value (NAV):||₹24.85 per Equity Share|
|Name of the Company||Total Revenue||Basic EPS||Nav Rs. per share||PE||RoNW%|
|Bikaji Foods International Limited||1,610.96||3.15||32.83||NA||9.51%|
|Prataap Snacks Limited||1,396.62||1.24||266.17||748.91||0.47%|
|DFM Foods Limited||554.45||-4.93||30.38||-77.84||-16.21%|
|Nestle India Limited||14,709.41||222.46||216.2||86.85||102.90%|
|Britannia Industries Limited||14,136.26||63.31||105.37||59.75||60.08%|
- Shiv Ratan Agarwal
- Deepak Agarwal
- Shiv Ratan Agarwal (HUF)
- Deepak Agarwal (HUF)
Phone: +91-22-4918 6270
Company Contact Information
Bikaji Foods International Limited
F 178 & E 188 Bichhwal Industrial Area,
Bikaner – 334 006
Phone: +91 151 – 2250350
Bikaji Foods International Limited IPO GMP
|GMP (Grey Market Premium)||Subject to Sauda||Listing Gain|
Bikaji Foods International Limited IPO Review
|What our experts say about Bikaji Foods International Limited IPO Review||Apply|
Bikaji Foods International Limited IPO Subscription Details
|Investor Category||Subscription (times)|
Bikaji Foods IPO Subscription Details (times)
Nov 3, 2022
Nov 4, 2022
Nov 7, 2022
Bikaji Foods International Limited IPO Allotment Status
|Check Fusion Bikaji Foods International Limited IPO Allotment Status||Click Here|
Bikaji Foods International Limited IPO Listing Performance
Bikaji Foods International Limited IPO Listing Price is ₹321.15
|IPO Price Band||₹285 to ₹300|
When will Bikaji Foods International Limited IPO will open?
Bikaji Foods International Limited IPO is set to open on 3 November 2022.
What is Bikaji Foods International Limited IPO Price Band?
Bikaji Foods International Limited IPO Price Band is ₹285 to ₹300 per share.
What is the lot size of Bikaji Foods International Limited IPO?
Lot size of Bikaji Foods International Limited IPO is 50 Shares per lot.
What is Bikaji Foods International Limited offer size?
Bikaji Foods International Limited IPO offer size is ₹881.22 crore.
What is the last date to apply for Bikaji Foods International Limited IPO?
Last date to apply Bikaji Foods International Limited IPO is 7 November 2022.
What is the Bikaji Foods International Limited IPO Allotment Date?
Allotment Date for Bikaji Foods International Limited IPO is 11 November 2022.
What is the Bikaji Foods International Limited IPO Listing Date?
Listing Date for Bikaji Foods International Limited IPO is 16 November 2022.
How to Apply Bikaji Foods International Limited IPO through 5 Paisa?
- Login to your 5paisa account and select “Bikaji Foods International Limited IPO” in the current IPO section.
- Enter the number of lots and price at which you wish to apply for the IPO.
- Enter your UPI ID and click on submit.
- You will receive a mandate notification to block funds in your UPI app.
- Approve the mandate request on your UPI and funds will be blocked