Bikaji Foods International Limited IPO
Bikaji Foods International Limited was a mainboard IPO in the Packaged Foods sector, offered at ₹285–₹300 per share to raise ₹881 crore. The issue was subscribed 26.67× overall (QIBs 80.63×, NIIs 7.1×, retail 4.77×). It listed on 16 Nov 2022 at ₹323 and closed its first day at ₹317, a listing gain of +5.8% versus the ₹300 issue price. It now trades around ₹451 (+50.5% versus the issue price).
Frequently asked questions
- How many times was the Bikaji Foods International Limited IPO subscribed?
- The Bikaji Foods International Limited IPO was subscribed 26.67× overall — 80.63× in the QIB category, 7.1× among non-institutional investors, 4.77× in retail.
- What were the Bikaji Foods International Limited IPO listing gains?
- Bikaji Foods International Limited listed on 16 Nov 2022 at ₹323, closing its first day at ₹317 — a listing gain of +5.8% versus the ₹300 issue price.
- What were the retail allotment odds for the Bikaji Foods International Limited IPO?
- Retail was subscribed 4.77×, so a single-lot application had roughly a 21% chance of allotment (about 1 in 5), and allotment was finalised on 10 Nov 2022.
- What was the price band and lot size of the Bikaji Foods International Limited IPO?
- The price band was ₹285–₹300 per share, with a minimum lot of 50 shares (₹15,000 at the upper band).
- Who were the registrar and lead manager for the Bikaji Foods International Limited IPO?
- Link Intime India Private Limited was the registrar, and Axis Capital was the book-running lead manager.