
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
Overall Subscription
26.67x
Total Demand
QIB Multiplier
80.63x
Institutions & Funds
NII / HNI
7.10x
High Net-Worth
Retail (RII)
4.77x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 5,824,797 | 469,663,900 | 80.63x |
| NIB | 4,368,598 | 31,003,150 | 7.10x |
| HNIs(10L +) | 2,912,398 | 21,765,750 | 7.47x |
| HNIs (2-10L) | 1,456,200 | 9,237,400 | 6.34x |
| RETAIL | 10,193,395 | 48,639,750 | 4.77x |
| EMPLOYEES | 250,000 | 1,094,100 | 4.38x |
| Total | 25,005,388 | 581,404,050 | 26.67x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| Retail (RII) | 205,534 | 980,397 | 4.77x |
| HNIs (10L +) | 1,315 | 9,337 | 7.10x |
| HNIs (2-10L) | 6,292 | 44,673 | 7.10x |
| Total Applications | 213,141 | 1,034,407 | 4.85x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
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 (GMP) for Bikaji Foods International Limited IPO is ₹25 per equity share. Based on the upper price band of ₹300 to ₹300 per equity share, the estimated listing price is ₹325 (+8.3% expected listing gain).
With a lot size of 50 shares and current GMP of ₹25, the expected profit per application lot is approx ₹1,250 (+8.3% gain). Minimum application cost is approx ₹15,000.
The Bikaji Foods International Limited IPO aggregate issue size is ₹880.86 Crores with an equity price band set at ₹300 to ₹300 per equity share. The retail lot size is 50 shares requiring a minimum capital outlay of approx. ₹15,000.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 26.67x (Retail: 4.77x, QIB: 80.63x, NII: 7.10x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd) and the BSE status verification website on or around 2022-11-11. Investors can verify status using PAN card or application number.
Bikaji Foods International Limited shares are scheduled to list on NSE and BSE on 2022-11-16.