• Bikaji Foods International Limited to launch IPO

    28 October

The biggest FMCG (fast-moving consumer goods) brand in India, Bikaji Foods International, will begin its initial public offering (IPO) on November 3, 2022, and end on November 7, 2022.

One of the biggest fast-moving consumer goods ("FMCG") brands in India, Bikaji Foods International Limited sells Indian snacks and sweets and is among the fastest-growing businesses in the organised snacking sector in India. the second-biggest producer of handcrafted papad with an annual production capacity of 9,000 tonnes, and the company's top producer of Bikaneri bhujia with an annual production of 26,690 tonnes.

Following are some important details about the IPO :

Opening Date for Anchor Investors :2-Nov-2022 
Issue Open :
Issue Close :
Allotment Date :11-Nov-2022
Listing Date16-Nov-2022
Issue size :
2,93,73,984 Offer for Sale
Total Outstanding Shares (as of March 31, 2022)24,95,09,880
Promoter Holding (as of March 31, 2022)77.97 %
Face Value :₹1 per share
Retail Offer :
35 %
HNI Offer :35 %
Employee Reservation :2,50,000 (0.85 %)