
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
Last updated: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹300
Band: ₹300
Estimated Listing Price
₹325
Upper price + GMP
Lot Size
50 shares
Min investment ₹15,000
Estimated Profit / Lot
₹1,250
50 × ₹25
Grey Market Premium trend
+₹25
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹25 | 8.3% | ₹325 |
| 30 Oct 2026 | +₹25 | 8.3% | ₹325 |
| 29 Oct 2026 | +₹23 | 7.5% | ₹323 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Bikaji Foods International Limited IPO is ₹25, which indicates an expected listing price of ₹325.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.