Bikaji Foods IPO

2022 - 11 - 3

Post cover — Image courtesy of "The Indian Express"

Bikaji Foods IPO opens today: Here's everything you need to know (The Indian Express)

Bikaji Foods International Ltd IPO GMP: The Rs 881 crore initial public offering (IPO) of snacks and sweets maker Bikaji Foods International is available ...

Geojit Research in its report noted, “At the upper price band of ₹300, BFIL is available at a P/E of 98.5x (FY22), which appears expensive compared to its peers. Bikaji Foods International is the third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and are the second fastest growing company in the Indian organised snacks market. Despite high competition, we expect Bikaji to do well given the strong positioning of its brand and products. Investors who wish to subscribe to Bikaji Foods IPO can bid in a lot of 50 equity shares and multiples thereafter. Motilal Oswal Financial Services in its IPO note said “Bikaji with its industry leading position is well placed to capture the high growth snacks market. The IPO is purely an offer-for-sale (OFS) of 29,373,984 equity shares by its promoters and existing shareholders.

Bikaji Foods IPO: GMP, other details as issue opens today. Should ... (Livemint)

Bikaji Foods International Ltd's initial public offering (IPO) has opened for public subscription on Thursday, November 3, 2022 and the three-day issue ...

Bikaji Foods IPO: बीकाजी फूड्स का आईपीओ आज से खुला, चेक करें इसका ... (ABP News)

Bikaji Foods IPO: देश में खाने-पीने की इंडस्ट्री तेजी से आगे बढ़ रही है और इसी सेगमेंट की कंपनी ...

शेयर मार्केट में बीकाजी फूड्स इंटरनेशनल लिमिटेड के शेयर 16 नवबंर 2022 को लिस्ट हो सकते हैं. Bikaji Foods IPO: नमकीन और मिठाई बनाने वाली कंपनी बीकाजी फूड्स इंटरनेशनल लिमिटेड का आईपीओ (Bikaji Foods IPO) आज से निवेशकों के सब्सक्रिप्शन के लिए खुल गया है. कंपनी के पास अच्छा डिस्ट्रीब्यूशन नेटवर्क है और कंपनी एफएमसीजी सेक्टर में तेजी से ग्रोथ हासिल कर रही है. कंपनी की मौजूदगी पूरे भारत में है और इनका पोर्टफोलियो काफी डाइवर्सिफाइड है. आईपीओ के तहत 2.94 करोड़ शेयरों की बिक्री ऑफर फॉर सेल के तहत की जाएगी. कंपनी का इश्यू आज खुलकर 7 नवंबर को बंद होगा यानी 4 दिनों के लिए आईपीओ खुला है.

Bikaji Foods IPO : आज से लगा सकते हैं बोली, क्‍या इसमें पैसा लगाना है ... (News18 इंडिया)

Bikaji Foods IPO- बीकाजी फूड्स इंटरनेशनल की पहुंच 23 राज्‍यों और केंद्र शासित प्रदेशों में हैं.

हालांकि, यह जरूरी नहीं होता है कि अगर किसी आईपीओ के शेयर ग्रे मार्केट में प्रीमियम पर ट्रेड कर रहे हों तो उसकी शेयर बाजारों में लिस्टिंग भी प्रीमियम पर ही हो. बाजार पर्यवेक्षकों के अनुसार, बीकाजी फूड्स के शेयर आज ग्रे मार्केट में 52 रुपये प्रीमियम पर ट्रेड कर रहे हैं. कंपनी का भविष्य में और विस्तार करने का इरादा है और नए प्रोडक्ट भी लगातार लॉन्च कर रही है. बीकाजी फूड्स के आईपीओ में सिर्फ ऑफर फॉर सेल (OFS) है. ब्रोकरेज ने आईपीओ नोट में लिखा है “कंपनी लगातार वृद्धि कर रही है और यह अपने सेक्टर की लीडिंग कंपनी है. बीकाजी फूड्स आईपीओ को ग्रे मार्केट में अच्छा रिस्पॉन्स मिल रहा है और इसके शेयर प्रीमियम पर ट्रेड कर रहे हैं.

Bikaji Foods IPO expensively priced: Analyst views, GMP, price ... (Business Today)

Analysts believe the asking IPO valuations are expensive, but they largely have a 'subscribe' rating on the issue, thanks to Bikaji's strong brand recall ...

Bikaji is the third largest ethnic snacks company in India. It also exports its products to 21 international countries, which account for 3.2 per cent of its total sales. In the current inflationary environment, we are cautiously optimistic on the sustainability of the profitability margins. This brokerage has a 'subscribe' rating on the issue. Last heard, the issue was commanding a grey market premium (GMP) of Rs 75. The Rs 881.22 crore issue is purely an offer for sale (OFS) of 29,373,984 shares, which would be sold in the 285-300 price band.

Bikaji Foods International IPO: बीकाजी फूड्स का आईपीओ खुला, क्या ... (मनी कंट्रोल)

Bikaji Foods इस इश्यू से प्रमोटरों को 881 करोड़ रुपये के शेयर बेचने का मौका दे रही है।

Bikaji Foods IPO hits Street — here's all you need to know (CNBCTV18)

Bikaji Foods IPO: Potential investors will be able to bid for Bikaji Foods shares in a price band of Rs 285-300 apiece in multiples of 50 under the IPO.

Rajasthan-based FMCG company Bikaji's IPO is entirely an offer for sale (OFS) by existing shareholders — which means the firm will not receive any proceeds from the issue. Issue price: Potential investors will be able to bid for Bikaji Foods shares in a price band of Rs 285-300 apiece under the IPO. Bikaji Foods IPO: Potential investors will be able to bid for Bikaji Foods shares in a price band of Rs 285-300 apiece in multiples of 50 under the IPO.

Bikaji Foods IPO: An expensive bet on fast-growing snacks business (Economic Times)

Incorporated in 1995, Bikaji Foods International, was founded by Shiv Ratan Agarwal, grandson of the founder of the Haldiram brand. It is the third largest ...

An expensive valuation makes the IPO less attractive and suitable only for long-term risk-taking investors. Its most popular product is Bikaneri Bhujia, which contributes close to 35% to the total revenue. It is the third largest ethnic Indian snacks company with a 9% market share.

Bikaji Food IPO सब्सक्रिप्शन के लिए खुला, निवेशकों के लिए कमाई का ... (दैनिक जागरण)

Bikaji Food IPO शेयर बाजार में आज बीकाजी फूड्स इंटरनेशनल लिमिटेड का आईपीओ लांच हो गया है।

[RBI मौद्रिक नीति समिति की विशेष बैठक आज, महंगाई पर सरकार को सौंपी जाएगी रिपोर्ट, रेपो रेट पर सस्पेंस बरकरार](https://www.jagran.com/business/qna-rbi-monetary-policy-meeting-rbi-repo-rate-hike-repo-rate-23179169.html) [No Cost EMI की कितनी कीमत चुकाते हैं आप? - शेयरों के बीएसई और एनएसई पर 16 नवंबर, 2022 को सूचीबद्ध होने की संभावना है। - कंपनी के शेयरों के बुधवार, 16 नवंबर, 2022 को बीएसई और एनएसई पर सूचीबद्ध होने की उम्मीद है।

2 IPO में आज से दांव लगाने का मौका, दोनों के GMP में जबरदस्त उछाल, चेक ... (Hindustan हिंदी)

अगर आप इनिशियल पब्लिक आफरिंग यानी आईपीओ (IPO) में दांव लगाने की सोच रहे हैं तो आज से आपके ...

2 IPO में आज से दांव लगाने का मौका, दोनों के GMP में जबरदस्त उछाल 2 IPO में आज से दांव लगाने का मौका, दोनों के GMP में जबरदस्त उछाल, चेक करें प्राइस बैंड समेत अन्य डिटेल [हिंदी न्यूज़](/) [बिजनेस](/business/)2 IPO में आज से दांव लगाने का मौका, दोनों के GMP में जबरदस्त उछाल, चेक करें प्राइस बैंड समेत अन्य डिटेल

Bikaji Foods IPO: कितना दमदार है बीकाजी फूड्स का IPO? (नवभारत टाइम्स)

बीकाजी फूड्स इंटरनैशनल (Bikaji Foods International IPO) 881 करोड़ रुपये के आईपीओ के साथ मार्केट में ...

Bikaji Foods International IPO review by Anil Singhvi: Subscribe or ... (Zee Business)

Bikaji Foods International IPO review by Anil Singhvi: The subscription of Rs 881 crore initial public offering of the FMCG company will close on November 7 ...

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Bikaji Foods IPO open for subscription: Should you have a crispy ... (Economic Times)

We assign 'subscribe with caution' rating to this IPO as the company is the third-largest ethnic snacks company in India with an international footprint.

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). It has cited intense competition in the Indian food market and expensive valuation as the key risks to the issue. At the higher price band, Bikaji is demanding an EV/sales multiple of 4.5x, which is a premium to the peer average. With its vast portfolio of products and strategic expansion of manufacturing capabilities across multiple locations, it said. Bikaji has a strong brand recall with a good distribution network. The IPO is richly priced and company will have to continue growing its business at high growth rate in order to justify its valuation which keeps us cautious from a long-term perspective," it said. "This might be the reason for lower operating margin for Bikaji, despite so much value addition. On the financial front, the company has seen strong growth. For the three months ending June 30, revenue from operations stood at Rs 419.16 crore, with a net profit of Rs 15.7 crore. The remaining 35% of shares have been allocated to retail bidders. The company exports products to 21 international countries, including North America, Europe, the Middle East, Africa, and Asia Pacific. Being entirely an OFS, the company will not receive any proceeds from the issue.