
Fast-Moving Consumer Goods (FMCG) · NSE / BSE
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.
Price Band
₹300
Issue Size
₹881 Cr
Lot Size
50 shares
GMP
+8.3%
Est. Listing
₹325
at current GMP
Subscribed
26.67x
overall
Open
3 Nov 2022
Close
7 Nov 2022
Allotment
11 Nov 2022
Refund
12 Nov 2022
Demat Credit
13 Nov 2022
Listing
16 Nov 2022
Designated Registrar: Link Intime India Private Ltd
Allotment Date
11 Nov 2022
Basis finalization
Refunds Initiate
12 Nov 2022
Mandate release
Demat Credit
13 Nov 2022
Shares in demat
Listing Debut
16 Nov 2022
Trading begins
Bikaji Foods International Limited is bringing an initial public offering (IPO) in the Fast-Moving Consumer Goods (FMCG) sector with an aggregate issue size of ₹880.86 Crores. The shares are offered at a price band of ₹300 to ₹300 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 50 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Ltd. Eligible allottees will receive credit of equity shares into their Demat accounts by 2022-11-13, while un-allotted funds or UPI block mandates will be released on 2022-11-12.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.