Bikaji Foods is one of India’s largest fast-moving consumer goods (FMCG) brands. The company is engaged in selling Indian snacks and sweets which include six principal categories; bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks that primarily includes gift packs (assortment), frozen food, and cookies.
As of September 30, 2021, Bikaji Foods operates across 22 states and three union territories in India. And also exports its products to 35 countries internationally including countries in North America, Europe, the Middle East, Africa, and the Asia Pacific representing 4.60% of the company’s sales of food products in the six months ending September 30, 2021.
The entire public offer of Bikaji Foods comprises an offer for sale of 2.93 crore equity shares from existing shareholders.
Financial Snapshot
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|
| March 2019 | 910.65 | 50.93 | 2.11 |
| March 2020 | 1,082.90 | 56.37 | 2.32 |
| March 2021 | 1,322.21 | 90.34 | 3.71 |
| September 2021 | 777.13 | 40.93 | 1.71 |
For more information, you can read the IPO prospectus filed by the company:
IPO Details
| Issue period | 3rd November 2022 - 7th November 2022 |
|---|---|
| Price band | ₹ 285 - 300 |
| Minimum Bid Quantity | 50 and in multiples thereof |
| Face value | ₹ 1 |
| No of shares | 29,373,984 shares |
| Issue size | ₹ 881 crores |
| Date of Allotment | 11th November 2022 |
| Initation of Refund | 14th November 2022 |
| Credit of shares | 15th November 2022 |
| Date of Listing | 16th November 2022 |
| Mandate end date | To be confirmed |
| Anchor Investors Lock-in End Date | To be confirmed |
How do I apply for the Bikaji Foods IPO?
You can apply for it using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for Bikaji Foods IPO?
You can check the allotment status on the website of the Registrar and Transfer agent .
Alternatively, you can also check the allotment status on the NSE website.
