Bikaji Foods IPO Date, Review, Price, Allotment, Analysis

Bikaji Foods IPO

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.

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.

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 brand name.
  • They are selling products in India as well as in International Market.
  • They have 6 manufacturing units in India.
  • White Oak Capital Management buys a 2% stake in Bikaji Foods. (VCCircle)
  • Larget manufacturer of Bikaneri Bhujia products with Annual production of 26,690 Tonne in fiscal 2021.

Bikaji Foods IPO Review (Apply or Not)

  • Apply

Brokerage Firm IPO Review

  • Angel One: Apply
  • Arihant Capital: May Apply
  • AUM Capital: May Apply
  • Canara Bank: Apply
  • Capital Market: Neutral
  • Choice Equity Broking: May Apply
  • Geojit Securities: Apply
  • Haitong Securities: Neutral
  • Hem Securities: Apply
  • Indsec Securities: Apply
  • Jainam Broking limited: Apply
  • KR Choksey: Apply
  • LKP Securities: Apply
  • Marwadi Shares: May Apply
  • Reliance Securities: Apply
  • Swastika Investmart: Apply
  • Ventura Securities Limited: Apply

Bikaji Foods IPO Date & Price Band Details

IPO Open:November 3, 2022
IPO Close:November 7, 2022
IPO Size:Approx ₹881 Crores
Fresh Issue:Approx ₹[.] Crores
Offer for Sale:Approx 29,373,984 Equity Shares
Face Value:₹1 Per Equity Share
IPO Price Band:₹285 to ₹300 Per Share
IPO Listing on:BSE & NSE
Retail Quota:35%
QIB Quota:50%
 NII Quota:15%
Discount:N/A
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Bikaji Foods IPO Market Lot

The Bikaji Foods IPO minimum market lot is 50 shares with ₹15,000 application amount. The retail investors can apply up-to 13 lots with 650 shares or ₹195,000 amount.

ApplicationLot SizeSharesAmount
Retail Minimum150₹15,000
Retail Maximum13650₹195,000
S-HNI Minimum14700₹210,000
B-HNI Minimum683350₹1,005,000

Bikaji Foods IPO Allotment & Listing Dates

The Bikaji Foods IPO date is November 3 and the close date is November 7. The Bikaji Foods IPO allotment will be finalized on November 11 and the IPO listing on November 16.

Price Band Announcement:October 31, 2022
Anchor Investors Allotment:November 2, 2022
IPO Open Date:November3, 2022
IPO Close Date:November 7, 2022
Basis of Allotment:November 11, 2022
Refunds:November 14, 2022
Credit to Demat Account:November 15, 2022
Bikaji Foods IPO Listing Date:November 16, 2022

You can check IPO subscription status and IPO allotment status on their respective pages.

Bikaji Foods IPO Form

How to apply for the Bikaji Foods IPO? You can apply for Bikaji Foods IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Bikaji Foods IPO in the Invest section. The other option is you can apply for Bikaji Foods IPO via IPO forms downloaded via NSE and BSE. Check out the Bikaji Foods forms – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.


Bikaji Foods Company Financial Report

  ₹ in Crores
YearRevenueExpensePAT
2020₹1083₹1019₹65.20
2021₹1322₹1202₹81.55
2022 6M₹777₹721₹41.68

Bikaji Foods IPO Valuation – FY2021

Check Bikaji Foods IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

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

Peer Group

  • Prataap Snacks Limited
  • DFM Foods Limited
  • Nestle India Limited
  • Britannia Industries Limited

Company Promoters

  • Shiv Ratan Agarwal
  • Deepak Agarwal
  • Shiv Ratan Agarwal (HUF)
  • Deepak Agarwal (HUF)

Bikaji Foods 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

Bikaji Foods IPO Allotment Status Check

Check Bikaji Foods IPO allotment status on Linkintime website allotment URL. Click Here

Bikaji Foods IPO Lead Managers

  • JM Financial Limited 
  • Axis Capital Limited
  • IIFL Securities Limited***
  • Intensive Fiscal Services Private Limited***
  • Kotak Mahindra Capital Company Limited

Company Address

Bikaji Foods International Limited
F 196-199, F 178 & E 188, Bichhwal Industrial Area,
Bikaner – 334 006 Rajasthan, India
Telephone: +91 151 2259914
Contact Person: Divya Navani
Company Secretary and Compliance Officer
Telephone: +91 151 2250350
E-mail:[email protected]
Website: www.bikaji.com

Bikaji Foods IPO FAQs

What is Bikaji Foods IPO?

Bikaji Foods IPO is a main-board IPO. They are going to raise ₹881 Crores via IPO. The issue is priced at ₹285 to ₹300 pr equity share. The IPO is to be listed on BSE & NSE.

When Bikaji Foods IPO will open?

The IPO is to open on November 3, 2022 for QIB, NII, and Retail Investors.

What is Bikaji Foods IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the Bikaji Foods IPO?

You can apply for Bikaji Foods IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Bikaji Foods IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Bikaji Foods”. 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. Open Demat Account with Zerodha.

How to Apply the Bikaji Foods IPO through Upstox?

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Bikaji Foods”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Bikaji Foods IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Bikaji Foods”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

What is Bikaji Foods IPO Size?

Bikaji Foods IPO size is ₹881 crores.

What is Bikaji Foods IPO Price Band?

Bikaji Foods IPO Price Band is ₹285 to ₹300.

What is Bikaji Foods IPO Minimum and Maximum Lot Size?

The minimum bid is 50 Shares with ₹15,000 amount while the maximum bid is 650 shares with ₹195,000.

What is the Bikaji Foods IPO Allotment Date?

Bikaji Foods IPO allotment date is November 11, 2022.

What is the Bikaji Foods IPO Listing Date?

Bikaji Foods IPO listing date is November 16, 2022. The IPO is to list on BSE and NSE.

Note: The Bikaji Foods IPO price band and date are not officially announced yet. The IPO grey market premium (Bikaji Foods IPO Premium) will be added to the IPO grey market page as it will start).

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