Bikaji Foods International Limited
Bookbuilding IPO · NSE, BSE
- Price band
- ₹300 - ₹300
- Lot size
- 50 shares
- Issue amount
- ₹880.86 cr
- Total subscription
- 26.67×
- Opens
- 3 Nov 2022
- Closes
- 7 Nov 2022
- Allotment
- 11 Nov 2022
- Listing
- 16 Nov 2022
Offer at a glance
Issue overview
- Issue size
- 2,93,73,984 shares
- Face value
- ₹2 Per Share
- Minimum investment
- ₹15,000
- Fresh issue
- ₹0 cr
- Offer for sale
- ₹881.22 cr
- Registrar
- Link Intime India Private Ltd
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹15,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 24,95,09,880
- Shares after issue
- 24,95,09,880
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 1 | 50 | ₹15,000 |
| sHNI | 14 | 700 | ₹2,10,000 |
| bHNI | 67 | 3,350 | ₹10,05,000 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| — | — |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 174.74 | 14,089.92 |
| RETAIL | 305.8 | 1,459.19 |
| HNIs 2+ | 43.69 | 277.12 |
| HNIs 10+ | 87.37 | 652.97 |
| EMPLOYEES | 7.5 | 32.82 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Company information
Company profile
Bikaji Foods International Limited is one of India’s largest FMCG brands, offering a diverse range of snacks and sweets, including bhujia, namkeen, papad, packaged sweets, western snacks, and frozen foods. The company is the largest manufacturer of Bikaneri bhujia and the second-largest producer of handmade papad in India. With a strong presence in Rajasthan, Assam, and Bihar, Bikaji has expanded its operations across 23 states, three union territories, and 21 international markets. The company operates six manufacturing facilities and has a robust distribution network, including partnerships with retail chains and a growing e-commerce presence. Its strengths include brand recognition, a diversified product portfolio, strategically located production units, and significant export sales, making it one of the fastest-growing players in India’s organized snacks market.
Strengths
- Strong Presence in Packaged Food Segment: Well-established brand in snacks, sweets, and ready-to-eat products with strong consumer recognition.
- Wide Distribution Network: Strong reach across domestic and international markets supports consistent sales growth.
- Diversified Product Portfolio: Offers multiple food categories, helping reduce dependency on a single product segment.
Risk factors
- Raw Material Cost Volatility: Fluctuations in prices of edible oils, flour, spices, and other inputs can impact margins.
- Highly Competitive FMCG Industry: Faces competition from large food brands and regional players.
- Changing Consumer Preferences: Shifts in taste, health trends, and consumption habits may affect demand.
Promoters
Shiv Ratan Agarwal
Deepak Agarwal
Shiv Ratan Agarwal (HUF)
Deepak Agarwal (HUF)
Registrar & documents
Lead manager
Jm Financial Limited, Axis Capital Limited, IIFL Capital Services Limited, Intensive Fiscal Services Private Limited, Kotak Mahindra Capital Company
Registrar & contacts
Link Intime India Private Ltd
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
F 196-199, F 178 & E 188 Bichhwal Industrial Area, Bikaner – 334 006
+91 151 - 2250350
[email protected]Company website ↗Understanding BIKAJI IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.