Indian fast-moving consumer goods ("FMCG") company Bikaji Foods International Limited is one of the largest FMCG companies. The company's product range comprises six main categories: bhujia, namkeen, packaged sweets, papad, western snacks, as well as other snacks such as gift packs (assortment), frozen food, mathri range and cookies. Bikaji was used to sell more than 300 products in the six months leading up to June 30, 2022.
In Fiscal 2022, the company was the second largest manufacturer of handmade papad with a capacity of 9,000 tonnes, and the largest manufacturer of Bikaneri bhujia with an annual production capacity of 29,380 tonnes. Among the fastest-growing companies in India's organized snacks market, the company sells Indian snacks and sweets internationally.
Strenght of Bikaji Foods Ltd
- Known across India as a well-established brand.
- The product portfolio is diverse and focused on a variety of markets and consumer segments.
- Large, sophisticated, strategically located manufacturing facilities that meet stringent quality standards.
- The company has an extensive pan-India and global distribution network with arrangements with reputable retail chains and is growing its eCommerce and export channels.
- The company has an extensive distribution network in India.
- Strategic arrangements with retail chains in India and international markets.
- E-commerce channel is growing.
- Exports of multiple products are significant.
| FY 2019 | FY 2020 | FY 2021 | H1 FY 2022 | |
| Revenue | 901.4 | 1,074.6 | 1,310.7 | 771.7 |
| Expenses | 834.8 | 1,019.3 | 1,202.1 | 721.4 |
| Net income | 50.3 | 65.2 | 81.5 | 41.7 |
| Margin (%) | 5.58 | 6.07 | 6.22 | 5.40 |
Bikaji Foods IPO Date, Price, GMP & Allotment
Bikaji Foods IPO opens on Nov 3, 2022, and closes on Nov 7, 2022. The Bikaji Foods IPO bid period is from Nov 3, 2022 10.00 A.M. to Nov 7, 2022 5.00 P.M. The UPI Mandate confirmation deadline on the closing day is 5 PM.
IPO Date | Nov 3, 2022 to Nov 7, 2022 |
Listing Date | Nov 16, 2022 |
Face Value | ₹1 per share |
Price | ₹285 to ₹300 per share |
Lot Size | 50 Shares |
Offer for Sale | 29,373,984 shares of ₹1 |
Company Promotors | Promoters of the company Bikaji Foods are Shiv Ratan Agarwal, Deepak Agarwal, Shiv Ratan Agarwal (HUF) and Deepak Agarwal (HUF). |
GMP | 42 |
Subscribe / Avoid | - |
Bikaji Foods IPO Subscription – Live Updates
Category | Live Subscription (in X) |
QIB | - |
NII | - |
Retail | - |
Employee | - |
Total | - |
Bikaji Foods IPO Allotment Status
Bikaji Foods IPO allotment will be available on Link Intime’s website. Click on this link to get allotment status.
