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Bikaji Foods International IPO
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Bikaji Foods International IPO

Bikaji Foods International Limited

₹14,250/ 50 shares

Minimum investment

Bikaji Foods International IPO Details

Bidding date

03 Nov - 07 Nov 2022

Price range

Minimum quantity

50

Minimum investment

₹14,250

Issue size

Listing exchange

NSE/BSE

Bikaji Foods International IPO Dates & Timeline

03 Nov, 2022
Opening date
07 Nov, 2022
Closing date
09 Nov, 2022
Basis of allotment
10 Nov, 2022
Initiation of refunds
10 Nov, 2022
Credit of shares
11 Nov, 2022
Listing date

About Bikaji Foods International IPO: Company Overview

Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range and cookies. In the six months that ended June 30, 2022, the company sold more than 300 products under the Bikaji brand.

The company was the largest manufacturer of Bikaneri bhujia with an annual production of 29,380 tonnes, and we were the second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in Fiscal 2022. The company has an international footprint, selling Indian snacks and sweets, and is among the fastest-growing companies in the Indian organised snacks market.

The company has over the years established market leadership in the core states of Rajasthan, Assam and Bihar with an extensive reach. It has gradually expanded its footprint across India, with operations across 23 states and three union territories as of June 30, 2022.

Bikaji Foods International Limited has six operational manufacturing facilities that are operated by us, with four facilities located in Bikaner (Rajasthan), one in Guwahati (Assam), one facility in Tumkur (Tumkur) (Karnataka) held through the subsidiary Petunt Food Processors Private Limited to cater to the southern markets in India.

Strengths & Risks of Bikaji Foods International IPO

: Well-established brand with pan-India recognition.

: Diversified product portfolio focused on various consumer segments and markets.

: Strategically located, large scale sophisticated manufacturing facilities with stringent quality standards.

: Extensive pan-India and global distribution network, arrangements with reputed retail chains and growing e-commerce and exports channel.

: Extensive distribution network in India.

: Strategic arrangements with retail chains in India and international markets .

: Growing e-commerce channel.

: Significant multi-product export sales.

: Consistent financial performance.

: Experienced Promoters and management team.

How to Apply for Bikaji Foods International IPO: Step-by-Step Guide

  • Research the IPO:Review the prospectus and company details.
  • Open accounts:Ensure you have a demat and trading account.
  • Check dates:Note the IPO opening and closing dates.
  • Apply online:Log in to your brokerage account and complete the IPO application form.
  • Make payment:Pay through your linked bank account.
  • Submit application:Confirm and submit your application.
  • Track status:Monitor the allotment status and check for shares in your demat account upon listing.

FAQs: Bikaji Foods International IPO

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