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Bikaji Foods IPO Date, Price, Brokerage Review, GMP

Bikaji Foods IPO Date, Price, Review

Bikaji Foods IPO: Know everything about Bikaji Foods IPO. Bikaji Foods International Limited IPO Date, Bikaji Foods Ltd IPO Review and analysis. We will discus about Bikaji Foods IPO Benefits & Risks. Also, all information related to Bikaji Foods IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
Bikaji Foods IPO

    Bikaji Foods IPO

    Bikaji Foods International Limited sells Indian Snacks and Sweets under the "Bikaji" Brand. Bikaji Foods mainly sell bhujia, namkeen, packaged sweets, frozen food, mathri range and cookies, papad, western snacks as well as other snacks. Bikaji Foods Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs - crore through IPO (Initial public offering).

    Bikaji Foods IPO will open on 03 November 2022 and close on 07 November 2022. The price band of the Bikaji Foods IPO is ₹385 to ₹300. Harsha Engineer's IPO size is 881 Crores. The offer includes - Crores under fresh issue and - Crores under offer for sale. Bikaji Foods IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. Bikaji Foods IPO listing date is - November 2022. You can know about Bikaji Foods IPO GMP (Grey Market Premium) below.

    Bikaji Foods has given good financial performance. The company made a profit of ₹76.03 crores in the financial year 2022 (March 2021). The IPO of Bikaji Foods will be listed on NSE and BSE. Bikaji Foods IPO face value is ₹1 per equity share.

    We will talk about Bikaji Foods' financials, benefits, and risks of investing in the company.

    What is Bikaji Foods IPO Date?
    Bikaji Foods IPO Date is 03 November 2022.

    What is Bikaji Foods IPO Price Band?
    Bikaji Foods' IPO Price Band is ₹285 to ₹300.

    What is Bikaji Foods IPO Expected Return?
    Bikaji Foods IPO Expected Returns is approx 30%.

    About Bikaji Foods International Ltd

    Bikaji Foods was started by Mr. Shivratan Agarwal in the late 80s. With this, the Bikaji brand was born. Then Mr. Agarwal had successfully laid the foundation of his dream venture. They ventured across the world to find and co-invent the right technology for the production of Bhujia. The idea was to have a brand name that was easy to remember. Then he named Bikaji, the name Bikaji is derived from Bikaner and the founder of Ji, Bika Rao.

    A few years later, Bikaji carved a niche for itself in the ethnic-snacking market. Along with this, it has managed to win hearts across the world. Presently Bikaji Foods International Limited sells Indian snacks and sweets not only in India but all over the world. Bikaji Foods has brought Indian taste to the world with diverse products and innovative packaging.

    The major products of Bikaji Foods International Limited include Potato Chips, Bhujia, Combo Packs, Namkeen, Snacks, Papad, Mithai, Cookies, etc. If we talk about the financial track record of Bikaji Foods International Limited, the company has performed well in the last financial years.

    Important Links

    Purpose of the offer

    • To prepay/repay all or a part of the dues raised by the company.
    • To finance capital expenditure requirements for the purchase of new machinery.
    • To meet general corporate objectives.

    Bikaji Foods IPO Date and Price Band Details

    Bikaji Foods IPO open date: 03 November 2022, Closing date: 07 November 2022, and Listing date: 16 November 2022. The price band of Bikaji Foods IPO is ₹285 to ₹300 per share. Harsha Engineer's IPO issue size is Rs 881 crores. Bikaji Foods IPO retail portion is 35%, the QIB portion is 50%, and NII Portion is 15%.
    IPO Open:03 November 2022
    IPO Close:07 November 2022
    Listing Date:16 November 2022
    Listing On:NSE & BSE
    IPO Size:Approx ₹881 crores
    Fresh Issue:Approx ₹- crores
    Offer For Sale:Approx ₹- crores
    Price Band:₹285 to ₹300 per share
    Face Value:₹1 per Equity share
    QIB Portion:50%
    Retail Portion:35%
    NII Portion:15%
    Employee Discount:15

    Bikaji Foods IPO Lot Size Details

    Bikaji Foods IPO's minimum lot size is 50 shares with ₹15,000 application amount and the maximum lot size is 650 shares with ₹195,000 application amount.
    Minimum Lot:01
    Minimum Lot Size:50 Shares
    Minimum Amount:₹15,000
    Maximum Lot:13
    Maximum Lot Size:650 Shares
    Maximum Amount:₹195,000

    Bikaji Foods IPO Open, Close, Allotment, and Listing Date

    Ipo Opening Date:03 November 2022
    IPO Closing Date:07 November 2022
    Basis of Allotment:11 November 2022
    Refund Date:14 November 2022
    Credit to Demat Account:15 November 2022
    Listing Date:16 November 2022

    Bikaji Foods IPO Review

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    You can also check the latest IPO subscription status and IPO allotment status of Bikaji Foods IPO on our website.

    Bikaji Foods Ipo Rating

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    Review For Listing Gain

    Review For Short term

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    • The company has a good financial track record.
    • Bikaji is a well-known brand recognized all over India.
    • The company has a wide range of product portfolios.
    • The company is committed to manufacturing high-quality products.
    • The company has a vast pan-India and a worldwide distribution network.
    • The company has partnerships with reputed retail chains, export channels, and e-commerce platforms (like Flipkart and Amazon, etc.).
    • The company has a presence not only in the country but also at the international level.
    • The company sells its products both offline and online.
    • The company has a professional and experienced promoter and top management.


    • The company's revenue largely depends on the popularity of the "Bikaji" brand. If for some reason the "Bikaji Foods" brand becomes a hit, it will have a direct impact on the company's growth and revenue.
    • If for any reason there is an insufficient or interrupted supply of raw materials and packaging materials, it can have a negative impact on their business.
    • The impact of the COVID-19 pandemic on his company is still unknown.
    • Most of the company's sales are online and they rely on online marketplaces and offline distributors to sell their products.
    • The company may outsource the materials for some of its products, due to which any deficiency in quality control could damage the reputation of the company.
    • A portion of the company's revenue comes from exports to international customers.
    • The company relies on online eCommerce platforms like Amazon, and Flipkart to sell its products.

    Bikaji Foods Ltd Financials

    Bikaji Foods Financials(in Crores)

    YearTotal AssetsRevenueProfit


    The promoters of the company are:
    • The shareholders of the company are:
    • Shiv Ratan Agarwal
    • Deepak Agarwal
    • Shiv Ratan Agarwal (HUF)
    • Deepak Agarwal (HUF)

    Contact Details of Bikaji Foods

    Bikaji Foods Limited
    F 196-199, F 178 & E 188
    Bichhwal Industrial Area,
    Bikaner – 334 006
    Rajasthan, India
    Telephone: +91 15122 50350
    E-mail: cs@bikaji.com

    Bikaji Foods Lead Managers

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

    Bikaji Foods IPO Registrars

    Link Intime India Private Limited
    C-101, 1st Floor, 247 Park
    L.B.S. Marg, Vikhroli (West)
    Mumbai 400 083, Maharashtra, India
    Telephone: +91 22491 86200
    Email: bikaji.ipo@linkintime.co.in


    Bikaji Foods International Limited mainly operates in FMCG Sector, whose demand is going to increase in the future. The track record has been good considering the financial position of the company. The company had a profit of Rs 76.03 crore in the financial year 2022. The company manufactures many different types of chips, snacks, sweets, frozen foods, etc. Our suggestion will be updated when the Bikaji Foods Limited IPO starts. Bikaji Foods Limited IPO financial statement and other information are given above.

    Bikaji Foods IPO FAQs

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

    What is the Bikaji Foods IPO Opening Date?
    Bikaji Foods IPO Opening date is 03 November 2022.

    What is the Bikaji Foods IPO Closing Date?
    Bikaji Foods IPO Closing date is 07 November 2022.

    What is the Bikaji Foods IPO Allotment date?
    Bikaji Foods IPO Allotment Date is  11 November 2022.

    What is the Bikaji Foods IPO Listing Date?
    The Bikaji Foods IPO Date is 16 November 2022.

    What is Bikaji Foods IPO issue size?
    Bikaji Foods IPO issue size is ₹881.

    What is Bikaji Foods IPO Expected Returns?
    Bikaji Foods IPO Expected Returns is 30%.

    How to Apply the Bikaji Foods Ltd IPO with Zerodha?

    1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO. 
    2. If you are a Desktop user then Log in to the Console on Zerodha Website. Go to Portfolio and Click on IPO. 
    3. You will see the IPO name "Bikaji Foods Ltd". 
    4. Then, Click on Bid Button.
    5. Then, Enter your UPI ID.
    6. Then, Fill in the Quantity and Price. (we recommend, that you should choose the cutoff price.)
    7. Then Submit the IPO Application Form.
    8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.

    We hope you like this article about Bikaji Foods IPO. If you have a query about Bikaji Foods IPO then, leave a comment. Here you can also stay updated about the upcoming IPO. Also, you can track IPO performance. Thanks for Visiting. Happy Investing.

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