Bikaji Foods International Limited is one of India’s leading fast-moving consumer goods (“FMCG“) businesses with a global presence, offering Indian snacks and sweets, and is one of the fastest-growing companies in the Indian organised snacking market. In fiscal 2021, the company will be the largest manufacturer of Bikaneri bhujia with an annual production capacity of 26,690 metric tons and the second largest manufacturer of handcrafted papad with an annual production capacity of 9,000 metric tons.
The company is also one of the major manufacturers of packaged rasgulla, with an annual capacity of 24,000 tonnes, as well as soan papdi and gulab jamun, with annual capacities of 23,040 tonnes and 12,000 tonnes, respectively. The company has gradually grown its footprint across India, with operations in 22 states and three union territories as of September 30, 2021, having established market leadership in the ethnic snacks industry in our core states of Rajasthan, Assam, and Bihar. Our products were exported to 35 international countries, including
North America, Europe, the Middle East, Africa, and Asia Pacific, accounting for 4.60% of our food product sales during that time period. The company’s product line is divided into six major categories: bhujia, namkeen, packaged sweets, papad, western snacks and other snacks, which include gift packs (assortment), frozen meals, mathri range and cookies. During the six-month period ending September 30, 2021, the company sold over 250 products under the Bikaji brand.
Bikaji Foods International IPO Date & Price Band & Details
| Issuue Type : | Book Building Issue |
| IPO Open : | 03 November 2022 |
| IPO Close : | 07 November 2022 |
| IPO Size : | ₹881.22 Cr {29,373,984 Shares} |
| Face Value : | ₹1. Equity Share |
| Price Band : | ₹285–₹300 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹881.22 Cr {29,373,984 Shares} |
| Fresh Issue : | ₹-. Cr |
| Offer For Sale : | ₹881.22 Cr {29,373,984 Shares} |
| EMP Size : | ₹15 Per Shares |
| EMP Discount : | ₹7.13 Cr {250,000 Shares} |
Object Of the Issue :
- The issue Offer for Sale by the Selling Shareholders. The Company will not receive any proceeds from the Offer.
Company Strengths :
- Well-established brand with pan-India recognition
- Diversified product portfolio focused on various consumer segments and markets
- Strategically located, large scale sophisticated manufacturing facilities with stringent quality standards
- Extensive pan-India and global distribution network, arrangements with reputed retail chains and growing ecommerce and exports channel
- Consistent financial performance
- Experienced Promoters and management team
Bikaji Foods International IPO Market Lot
Bikaji Foods International IPO Minimum Market lot is 1 Lot with 50 shares with ₹15,000 Application amount. The retail investors can apply up to 13 lots with 650 Shares or ₹195,000 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 50 Shares |
| Minimum Amount : | ₹15,000 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 650 Shares |
| Maximum Amount : | ₹195,000 |
Bikaji Foods International IPO Shares Offer
A Total of 29,373,984 shares are to be bid for the public issue by Bikaji Foods International IPO with – for Fresh issue and 29,373,984 for offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | – | ₹– |
| Offer For Sale : | 29,373,984 | ₹881.22 Cr |
| Total : | 29,373,984 | ₹881.22 Cr |
Bikaji Foods International IPO Reservation
Bikaji Foods International IPO Total Reservation of 29,373,984 shares are to be bid for the public issue by Bikaji Foods International IPO with 14,561,992 for QIB and 43,68,598 for NII 10,193,394 For RII & 2,50,000 Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 50% | 14,561,992 | ₹436.86 Cr |
| NII : | 15% | 43,68,598 | ₹131.05 Cr |
| RII : | 35% | 10,193,394 | ₹305.80 Cr |
| EMP : | – % | 2,50,000 | ₹7.50 Cr |
| Total : | 100% | 29,373,984 | ₹881.22 Cr |
Bikaji Foods International IPO EPS & RoNW:
The Bikaji Foods International company’s EPS growth & RoNW is Increasing every year, which is shown to you in the table here.
| Year | EPS Growth in (Rs.) | Return On Net worth % |
|---|---|---|
| 2022 | ₹3.15 | 9.51 % |
| 2021 | ₹3.71 | 14.93 % |
| 2020 | ₹2.32 | 10.65 % |
| 2019 | ₹2.11 | 10.84 % |
Bikaji Foods International IPO Peer Comparison
| Sr. No. | Company | PE Ratio |
|---|---|---|
| 1. | Prataap Snacks Limited | 122.8 |
| 2. | DFM Foods Limited | 49.30 |
| 3. | Nestle India Limited | 83.20 |
| 4. | Britannia Industries Limited | 44.9 |
Bikaji Foods International IPO Dates
Bikaji Foods International IPO Date is 03 November 2022 and closes on 07 November 2022. The allotment will be finalized on 11 November 2022 and the IPO may list on 16 November 2022.
| Open Date : | 03 November 2022 |
| Close Date : | 07 November 2022 |
| Allotment Date : | 11 November 2022 |
| Refund Date : | 14 November 2022 |
| Share Credit Date : | 15 November 2022 |
| Listing Date : | 16 November 2022 |
Bikaji Foods International IPO Form :
There are two ways to apply in Bikaji Foods International IPO. You can apply for the Bikaji Foods International IPO using your bank account’s ASBA. You must log in to your online bank account, pick Bikaji Foods International IPO under the Invest area, and apply using your bank account. You can also apply for the Bikaji Foods International IPO by downloading the IPO form from the NSE and BSE. See the Bikaji Foods International IPO Form for further information.
Bikaji Foods International Company Financial Report
| Year | Revenue | Expense | PAT |
|---|---|---|---|
| 2022 | ₹16,214.51 | ₹15,164.39 | ₹760.27 |
| 2021 | ₹13,222.12 | ₹12,020.99 | ₹903.36 |
| 2020 | ₹10,829.01 | ₹10,192.60 | ₹563.71 |
| 2019 | ₹9,106.46 | ₹8,347.90 | ₹509.29 |
Company Promoters :
- Shiv Ratan Agarwal
Bikaji Foods International 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: bikaji.ipo@linkintime.co.in
Investor Grievance E-mail: bikaji.ipo@linkintime.co.in
Website: https://www.linkintime.co.in
Company Address :
Bikaji Foods International Limited
F 196-199, F 178 and E 188,
Bichhwal Industrial Area,
Bikaner – 334 006
Rajasthan, India
Telephone: +91 151 -2250350
E-mail: cs@bikaji.com
Website: https://www.bikaji.com
Bikaji Foods International IPO Lead Managers :
- JM Financial Limited
- Axis Capital Limited
- IIFL Securities Limited
- Intensive Fiscal Services Private Limited
- Kotak Mahindra Capital Company Limited
Bikaji Foods International IPO FAQs :
Q1. What is Bikaji Foods International IPO?
Ans. Bikaji Foods International IPO is Mainboard IPO. They are going to raise ₹881.22 Crores via IPO. The issue is priced at ₹285-₹300 per equity share. The IPO is to be listed on NSE, BSE.
Q2. When Bikaji Foods International IPO will open?
Ans. The IPO is to open on 03 Nove -07 Nov for QIB, NII & RII.
Q3. What is Bikaji Foods International IPO Size?
Ans. Bikaji Foods International IPO size is ₹881.22 Crores.
Q4. What is the Fresh issue size of Bikaji Foods International IPO?
Ans. The Fresh issue size of Bikaji Foods International IPO ₹- Cr.
Q5. What is the Offer For Sale size of Bikaji Foods International IPO?
Ans. The Offer For Sale size of Bikaji Foods International IPO ₹881.22 Cr.
Q6. What is Bikaji Foods International IPO Price Band?
Ans. Bikaji Foods International IPO Price Band is ₹285-₹300 Per share.
Q7. What is Bikaji Foods International IPO Minimum and Maximum Lot Size?
Ans. The minimum 50 Shares with ₹15,000 amount while the maximum 650 shares with ₹195,000.
Q8. What is Bikaji Foods International IPO Investors Portion?
Ans. The investors’ portion for QIB 50%, NII 15%, RII 35%.
Q9. What is Bikaji Foods International IPO Allotment Date?
Ans. Bikaji Foods International IPO allotment date is 11 November 2022.
Q10. What is Bikaji Foods International IPO Listing Date?
Ans. Bikaji Foods International IPO listing date is 16 November 2022. The IPO to list on NSE, BSE.
Q11. How to Apply the Bikaji Foods International IPO through Zerodha?
Ans. Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Bikaji Foods International IPO”. 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.
Q12. How to Apply the Bikaji Foods International IPO through Upstox?
Ans. Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Bikaji Foods International IPO”. 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.
Q13. How to Apply the Bikaji Foods International IPO through Groww?
Ans. Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Bikaji Foods International IPO”. 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.
Q14. How to Apply the Bikaji Foods International IPO through Paytm Money?
Ans. Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “Bikaji Foods International IPO”. 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.
