Bikaji ipo

Review By Dilip Davda on Oct 31, 2022 •BFIL is the third largest ethnic snacks company in India with global sales. •It is also the third largest player in the organized sweets markets. •It posted a historic high bottom line for FY21, but in FY22 though its top line grew, its bottom line declined with pressure on margins. •The company is operating in highly competitive and fragmented markets. ABOUT COMPANY: Bikaji Foods International Ltd. (BFIL) is the third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and is the second fastest growing company in the Indian organized snacks market. (Source: F&S Report). In Fiscal 2022, BFIL was the largest manufacturer of Bikaneri bhujia with an annual production of 29,380 tonnes and was the second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in Fiscal 2022. (Source: F&S Report). The company is also the third largest player in the organized sweets market with an annual capacity of 24,000 tonnes for packaged rasgulla, 23,040 tonnes for soan papdi and 12,000 tonnes for gulab jamun. (Source: F&S Report). It has over the years established market leadership in the ethnic snacks market in the core states of Rajasthan, Assam, and Bihar with extensive reach, and has gradually expanded its footprint across India. In the three months ended June 30, 2022, it has exported products to 21 international countries, including countries in North America,...

Bikaji Foods International is the third-largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and the second-fastest growing company in the Indian organized snacks market. Its product range includes six principal categories including bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies. ;

Bikaji Foods International Limited is coming up with its Initial Public Offering. The IPO will open for subscription on November 3rd, 2022, and close on November 7th, 2022. It is looking to raise Rs 881.22 Crores, which will be an offer for sale. In this article, we will look at the Bikaji Foods IPO Review and analyze its strengths and weaknesses. Keep reading to find out! Table of Contents • • • • • • • • • • Bikaji Foods IPO Review – About The Company Mr. Shiv Ratan Agarwal launched the Bikaji brand in the year 1993 with an in-depth understanding of Indian tastes and preferences. Today the company is one of India’s largest fast-moving consumer goods (“FMCG”) brands with an international footprint. It is engaged in selling Indian snacks and sweets and is among the fastest-growing companies in the Indian organized snacks market. The company stood as the second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in Fiscal 2021. The company serves the sweet tooth by being one of the largest manufacturers of packaged rasgulla with an annual capacity of 24,000 tonnes and one of the largest manufacturers of soan papdi and gulab jamun with an annual capacity of 23,040 tonnes and 12,000 tonnes respectively. The company has a large pan-India distribution network. As of September 30, 2021, they had five depots, 43 super stockists, and 438 direct and 1,644 indirect distributors that work with their super stockists, located across 22 states and t...

Bikaji Foods IPO description – The company is one of India’s largest fast-moving consumer goods (FMCG) brands with an international footprint, selling Indian snacks and sweets, and is among the fastest growing companies in the Indian organised snacks market. In Fiscal 2021, it was largest manufacturer of Bikaneri bhujia with annual production of 26,690 tonnes, and it was the second largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes. Bikaji Foods is also one of the largest manufacturers of packaged rasgulla with the annual capacity of 24,000 tonnes and one of the largest manufacturers of Soan Papdi and Gulab Jamun with annual capacity of 23,040 tonnes and 12,000 tonnes respectively. In the six months ended 30 September 2021, it sold more than 250 products under the Bikaji brand. Over the years, the company has established market leadership in the ethnic snacks market in its core states of Rajasthan, Assam and Bihar with extensive reach, and has gradually expanded its footprint across India, with operations across 22 states and three union territories as of 30 September 2021. As of 30 September 2021, it had exported its products to 35 international countries, including countries in North America, Europe, Middle East, Africa, and Asia Pacific, representing 4.60% of its sales of food products in such period. Promoters of Bikaji Foods – Shiv Ratan Agarwal, Deepak Agarwal, Shiv Ratan Agarwal (HUF) and Deepak Agarwal (HUF) • • • • • • • • • ...

• • • • Bikaji Foods IPO Allotment Today: Here’s how to check your status online Bikaji Foods IPO Allotment Today: Here’s how to check your status online Bikaji Foods IPO Allotment Status, Share Price: The shares of snacks and sweets maker Bikaji Foods International will get allotted to investors on Friday, November 11. Here is how to check if you have been allotted the shares. Bikaji Foods IPO GMP, Check Allotment Status, Price, Review: The initial public offering (IPO) of snacks and sweets maker Bikaji Foods International was subscribed 26.67 times over the 2.06 crore shares that were on offer during the subscription period from November 3-7, 2022. The price band was fixed at Rs 285-300 per share. The Rs 881 crore Bikaji Foods IPO is purely an offer-for-sale (OFS) of 29,373,984 equity shares by its promoters and existing shareholders. The company will not receive any proceeds from the issue. Investors are now looking forward to the share allotment date of Bikaji Foods

Search Review Crow Top Contributor (400+ Posts, 200+ Likes) Subscribe for Long Term at Cut-off Price FMCG stocks are my darling. Applying with full force despite low GMP (33) and high asking price (PE is 92+). Nov 7, 2022 1:51:57 PM M.K. Top Contributor (300+ Posts, 200+ Likes) Subscribe for Listing Gain at Cut-off Price Better FMCG Companies are available. Just apply for listing gains and if it surges beyond expectations on listing day, keep modifying the SL and wait for it to peak and then exit. Nov 3, 2022 1:35:07 PM B.M.SURANA IPO Mentor (900+ Posts, 1000+ Likes) Subscribe for Listing Gain at Cut-off Price Grey market Mein Sale karke Apply karo. OFS hai Company k Pass kuch Aane wala nhi hai. Bikaji ke Promoters Maalamaal. 1 Nov 3, 2022 11:37:29 AM Abhijeet Kumar Avoid Instead of applying in such poor quality IPO like Fusion and Global health its better to buy good quality scrips from secondary market which are trading at cheap valuations. Few of my suggestions to buy would be : Sanofi India, Johnson Control, Tamilnad Merchantile Bank, GE T&D India, Bector Foods, Railtel etc, Nov 3, 2022 2:21:51 AM Liger Top Contributor (200+ Posts, 400+ Likes) Neutral Very low margin business operating in highly competitive market. Very high PE (119). Nothing left on the table for listing gains to Medium term Investment. 1 Nov 2, 2022 3:46:17 PM Share Views Subscribe for Long Term at Cut-off Price Long term retail investors will at least not loose their money like Adani Power having to...

The anchor book for the IPO will open on November 2, Wednesday. The issue will open for subscription for investors on Thursday and will conclude on Monday, November 10. The IPO listing is likely by November 16. The offer is purely an offer for sale (OFS) of 29,373,984 shares. Selling shareholders include Shiv Ratan Agarwal (up to 2,500,000 shares), Deepak Agarwal (up to 2,500,000 shares) India 2020 Maharaja (up to 12,110,967 shares), Intensive Softshare (up to 50,000 shares), IIFL Special Opportunities Fund (up to 3,110,056 shares), among others. Last heard, the IPO was commanding a grey market premium (GMP) of Rs 70 in the grey market. Bikaji Foods has four manufacturing facilities, with a total manufacturing capacity of 400 TPD, producing 300 products such as Bhujia, Namkeen, papad, Western snacks and cookies amongst others. Bhujia accounts for nearly 35 per cent of its sales. Bikaji as a brand was launched by Shiv Ratan Agarwal in 1993. The brand has a market leadership in the ethnic snacks market in Rajasthan, Assam, and Bihar. Bikaji operated in 23 states and four union territories as of June 30. It also exports its products to 21 international countries, which account for 3.2 per cent of its total sales. As far as the company's financials are concerned, Bikaji’s revenue from operations climbed 22.90 per cent yoY to Rs 1,610.96 crore in FY22 compared with Rs 1,310.75 crore in FY21, primarily due to increase in volume and realisation of products, in particular bhujia, ...

Bikaji Foods International IPO review by Anil Singhvi: Bikaji Foods International IPO opened on Thursday, November 3, for subscriptions. The FMCG company has set the IPO price band at Rs 285-300 a share. Investors can bid for a minimum of 50 equity shares and in multiples of 50 equity shares thereafter. Bikaji Foods has a strong presence in north and eastern parts of country. It sells a wide range of snacks and namkeens. Bikaji Foods will not receive any funds from the IPO as it is a complete offer for sale by promoters and shareholders. The IPO comprises of OFS of around 2.94 crore equity shares by its promoters and existing shareholders. Both the promoters -- Shiv Ratan Agarwal and Deepak Agarwal-- are looking to offload up to 25 lakh company shares each. Bikaji Foods International IPO review आज से BIKAJI फूड्स का IPO, प्राइस बैंड ₹285-300/शेयर BIKAJI फूड्स कंपनी में क्या है खास? इश्यू को सब्सक्राइब करें या छोड़ दें? BIKAJI फूड्स के IPO पर अनिल सिंघवी की राय... — Zee Business (@ZeeBusiness) Zee Business Managing Editor Anil Singhvi has advised investors to subscribe Bikaji Foods International for the long term. He said that the brand has a strong standing with an impressive track record. He said that the company has an experienced promoter and is virtually debt-free. The shift from local to packaged snacks is a changing trend that will give a boost to the growth of the company. On the downside, he said that margins are fluctuating but the company’s management has said th...