Bikaji Foods International Limited is a leading fast-moving consumer goods (“FMCG”) brand in India. The product line of the firm is divided into six major categories: bhujia, namkeen, packaged sweets, papad, western snacks, and other snacks, which principally comprise gift packs (assortment), frozen food, mathri range, and cookies. The firm sold over 300 goods under the Bikaji brand in the six months ending June 30, 2022.
In Fiscal 2022, the firm was the largest maker of Bikaneri bhujia, with an annual production capacity of 29,380 tonnes, and the second largest manufacturer of handcrafted papad, with an annual production capacity of 9,000 tonnes.
The firm has a global presence, selling Indian snacks and sweets, and is one of the fastest-growing companies in India’s organised snacking sector.
With a broad reach, the corporation has gained market leadership in the main states of Rajasthan, Assam, and Bihar throughout the years. Its presence in India has continuously grown, with operations in 23 states and three union territories as of June 30, 2022.
The firm shipped products to 21 foreign nations in the six months ended June 30, 2022, including North America, Europe, the Middle East, Africa, and Asia Pacific, accounting for 3.20% of our food product sales in that time.
Bikaji Foods International Limited operates six operating production facilities, four in one in Guwahati (Assam), Bikaner (Rajasthan), and one in Tumakuru (Tumkur) (Karnataka) owned through the subsidiary Petunt Food Processors Private Limited to serve the southern markets in India.
IPO Date | Nov 3, 2022 to Nov 7, 2022 |
Listing Date | [.] |
Face Value | ₹1 per share |
Price | ₹285 to ₹300 per share |
Lot Size | 50 Shares |
Issue Size | 29,373,984 shares of ₹1 (aggregating up to ₹881.22 Cr) |
Offer for Sale | 29,373,984 shares of ₹1 (aggregating up to ₹881.22 Cr) |
Employee Discount | 15 |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
QIB Shares Offered | Not more than 50% of the Net Offer |
NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
Retail Shares Offered | Not less than 35% of the Net Offer |
Company Promoters | Shiv Ratan Agarwal, Deepak Agarwal, Shiv Ratan Agarwal (HUF) and Deepak Agarwal (HUF) are the company promoters. |
Period Ended | Total Assets | Total Revenue |
31-Mar-19 | 630.9 | 910.65 |
31-Mar-20 | 676.64 | 1082.9 |
31-Mar-21 | 817.15 | 1322.21 |
30-Jun-21 | 871.96 | 337.08 |
31-Mar-22 | 1102.13 | 1621.45 |
30-Jun-22 | 1146.28 | 423.82 |
Amount in ₹ Crore |
Period Ended | Profit After Tax | Net Worth | Total Borrowing |
31-Mar-19 | 50.93 | 469.77 | 72.31 |
31-Mar-20 | 56.37 | 529.16 | 52.3 |
31-Mar-21 | 90.34 | 604.1 | 86.15 |
30-Jun-21 | 12.41 | 618.45 | 101.13 |
31-Mar-22 | 76.03 | 819.26 | 141.23 |
30-Jun-22 | 15.7 | 834.8 | 156.39 |
Amount in ₹ Crore |
FY 2019 | FY 2020 | |
EPS | 2.11 | 2.32 |
PE ratio | – | – |
RONW (%) | 10.84 | 10.65 |
NAV | – | – |
ROCE (%) | 16.55 | 12.79 |
EBITDA (%) | 10.35 | 8.80 |
Debt/Equity | 0.15 | 0.10 |
FY 2021 | FY 2022 | |
EPS | 3.71 | 3.15 |
PE ratio | – | 90.48 – 95.24 |
RONW (%) | 14.93 | 9.51 |
NAV | 24.85 | 32.83 |
ROCE (%) | 20.88 | – |
EBITDA (%) | 11.04 | 8.66 |
Debt/Equity | 0.14 | 0.19 |
Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
29 Oct 2022 | 85 | 400 | 3,000 |
Listed On : BSE, NSE
Issue Price : ₹285 to ₹300 per share
Listing Day Close :
Listing Day Gain :
NSE : NA
ISIN CODE : INE00E101023
BSE : NA
Opening Date | Nov 3, 2022 |
Closing Date | Nov 7, 2022 |
Basis of Allotment | Nov 11, 2022 |
Initiation of Refunds | Nov 14, 2022 |
Credit of Shares to Demat | Nov 15, 2022 |
Listing Date | Nov 16, 2022 |
F 196-199,
F 178 & E 188 Bichhwal Industrial Area,
Bikaner – 334 006
Phone: +91 151 – 2250350
Email: cs@bikaji.com
Website: https://www.bikaji.com//
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: bikaji.ipo@linkintime.co.in
Website: https://linkintime.co.in/
The Bikaji Foods IPO is a BSE, NSE IPO of ₹285 to ₹300 per equity share with a face value of 10 per equity share.
The issue size is priced at 29,373,984 shares of ₹1 (aggregating up to ₹881.22 Cr).
The fresh issue size priced at 29,373,984 shares of ₹1 (aggregating up to ₹881.22 Cr).
The initial public offering (IPO) begins on Nov 3, 2022 and ends on Nov 7, 2022.
The registrar for the IPO is Link Intime India Private Ltd.
The Bikaji Foods IPO opens on Nov 3, 2022 and closes on Nov 7, 2022. The IPO Issue date may list on Nov 16, 2022.
Bikaji Foods IPO Market lot size is 50 Shares and the minimum order quantity is 50 Shares.
The finalisation of Basis of Allotment for Bikaji Foods IPO will be done on Nov 11, 2022. and the allotted shares will be credited to your demat account by Nov 15, 2022. Check the Bikaji Foods IPO status.
The Bikaji Foods IPO listing date is on Nov 16, 2022.
Bikaji Foods IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications. Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.
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