Bikaji grey market premium

The Gurugram-based company's shares were offered at around Rs 72-76 during its IPO in 2021. It had subsequently listed at a significant premium of Rs 125 per share. The 30-stock benchmark index is also near its all-time high of 63,583.07. On Friday, the Sensex ended at 62,625.63. 09 Jun, 2023, 10:17 PM IST The issue, which closes on June 8, comprises a fresh equity issue of up to Rs 350 crore and an offer for sale (OFS) of up to 90 lakh shares. The company has set a price band of Rs 270-285 per unit and investors can bid for a minimum of 52 shares in one lot and multiples thereafter. At the upper end, the company plans to raise about Rs 607 crore. 06 Jun, 2023, 07:03 PM IST Grey market hints for a decent show on the listing day and considering the market mood and low interest, we expect a listing premium of 10-12% above its issue price of Rs 65. On valuation per se, the issue is fully priced-in, discounting all the near-term growth. Hence, decent listing gain can be justified," Tapse added. 11 Jan, 2023, 03:54 PM IST The grey market data available for the stock for the past 14 sessions indicates a weak-to-modest listing for the stock. The stock has been trading at a discount for the past three sessions.For the last 14 sessions, the grey market premium or GMP for Elin Electronics has moved from a high of Rs 48 on 20 December to a discount of Rs 8 on 26 December. For the last three consecutive days, the GMP has been in the negative zone. 29 Dec, 2022, 01:48 PM IST The Rs 1,5...

Bikaji Foods International latest IPO GMP Today is ₹21(+/-2), last updated on Nov 16th 2022 07:51 AM. Given at the price band of 300, the estimated listing price for the Bikaji Foods International IPO is ₹321 (cap price + today's GMP). The expected gain/loss per share in terms of percentage is 7.00%.• Bikaji Foods International IPO Retail Kostak: ₹250 • Bikaji Foods International IPO Retail Subject to Sauda: ₹500 • Bikaji Foods International IPO Small HNI Subject to Sauda: ₹8000 • Bikaji Foods International IPO Big HNI Kostak: ₹6000 • Bikaji Foods International IPO Big HNI Subject to Sauda: ₹8000 We update GMP on daily basis and based on the last 21 sessions grey market activities, The current GMP (₹21) is showing signals towards the lower side. With this trend, it can go further down on listing day. The lowest GMP is recorded at ₹20 while the highest GMP is ₹90. Stay tuned with us to know the day-by-day Bikaji Foods International IPO GMP Performance along with its expected listing price. Bikaji Foods International Day-wise IPO GMP Trend GMP Date GMP S2S Estimated Listing Price Last Updated Time 16-11-2022 ₹21 500 ₹321 (7.00%) 16-Nov-2022 06:51:31 AM 15-11-2022 ₹23 500 ₹323 (7.67%) 15-Nov-2022 04:22:36 PM 14-11-2022 ₹23 500 ₹323 (7.67%) 14-Nov-2022 03:26:01 PM 13-11-2022 ₹28 500 ₹328 (9.33%) 13-Nov-2022 08:03:21 AM 12-11-2022 ₹28 500 ₹328 (9.33%) 12-Nov-2022 04:08:36 PM 11-11-2022 ₹40 500 ₹340 (13.33%) 11-Nov-2022 07:55:18 AM 10-11-2022 ₹40 500 ₹340 (13.33%) 10-Nov-2022 08...

The shares of Bikaji Foods International made their stock market debut today, 16 November, listing at a premium of over 7 percent. On the Bombay Stock Exchange (BSE), the shares of Bikaji Foods opened at Rs 312.15, up by 21.15 from its issue price of Rs 300. On the National Stock Exchange, the shares opened 7.60 percent higher at Rs 322.80. The shares have been listed in the ‘B’ group of securities on the BSE. Experts were predicting that the Bikaji Foods IPO shares would list positively. Before the shares were listed, the grey market premium of Bikaji Foods was Rs 28, meaning that the stock was expected to list at a premium of Rs 28. At 10:30 am, the Bikaji Foods stock was trading 8.27 percent higher on the BSE at Rs 324.80. On the NSE, the shares were trading 8.4 percent higher at Rs 325.20. Details of the Bikaji Foods International IPO: The public issue of the company was purely an offer for sale of 29,373,984 shares. The Rs 881-crore IPO was subscribed 26.67 times on the final day of bidding, with qualified institutional buyers (QIBs) showing the maximum interest. The QIB portion was subscribed 80.63 times, while the retail section was subscribed 4.77 times. The portion allotted to non-institutional investors was bid upon 7.10 times. Ahead of its IPO opening on 3 November, Bikaji Foods had raised Rs 262 crore from anchor investors. The shares were in the price band of Rs 285-300 and investors could buy a minimum of 50 shares. The share allotment took place on 11 Novemb...

Bikaji Foods IPO: The initial public offer (IPO) of Bikaji Foods International Ltd got fully subscribed on second day of its subscription. Apart from this, after two days of successive losses, Indian secondary market witness trend reversal as key benchmark indices ended higher on the weekend session. These developments have probably gone down well at grey market as well. According to market observers, shares of Bikaji Foods International Ltd are steady at a premium of ₹40 in grey market today. On Friday, Bikaji Foods IPO GMP was ₹27 per equity share. Bikaji Foods IPO GMP today As per the stock market observers, ₹40, which is unchanged for last two days. On Friday, Bikaji Foods IPO GMP was at ₹27. They said that rise in Bikaji Foods IPO GMP in last two days can be attributed to two major reasons — trend reversal on Dalal Street on Friday and the public issue getting fully subscribed on day two of subscription. They said that grey market sentiment may further shot up if the market opens higher on Monday as Bikaji Foods IPO GMP was once at ₹100 ahead of subscription opening. Bikaji Foods IPO subscription status On day three of bidding by 2:03 PM, Bikaji Foods IPO has been subscribed 7.24 times whereas its retail portion got subscribed 3.71 times. Bikaji Foods IPO other details The public issue opened for subscription on 3rd November 2022 and it will remain open for bidding till 7th November 2022. This means, investors have just one day in their hand to apply for the IPO as bi...

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 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. In the six months ended June 30, 2022, The company has exported the products to 21 international countries, including North America, Europe, the Middle East, Africa, and Asia Pacific, representing 3.20% of our sales of food products in such period. Bikaji Foods International Limited has six operational manufacturing facilities that are operated by us, with four facilities located in Bik...

• • • • Bikaji Foods International is about to release its IPO on Nov 3, 2022. The issue is closing on Nov 7, 2022 and is currently having an active grey market. The Bikaji Foods International IPO GMP is running at a stable rate as per the current situation. In IPO, the GMP or the Grey Market Premium is the premium amount at which the IPO shares are traded before getting listed in the stock market. However, the QIB and the HNI numbers are the key indicators of GMP in the case of Bikaji Foods International IPO. The company is intended to raise Rs NA million by the released issue. Bikaji Foods International IPO GMP Rates, Kotak rates & SS This particular table represents everything related to the IPO event from its opening and closing date along with the face value of the issue. You can check this table related to know the IPO size, price band along with listing details, and more. Date GMP (in INR) Kostak (in INR) Subject to Sauda (in INR) 15 Nov 2022 Rs. 25 Rs. 300 Rs. 900 14 Nov 2022 Rs. 25 Rs. 300 Rs. 900 12 Nov 2022 Rs. 35 Rs. 300 Rs. 900 11 Nov 2022 Rs. 35 Rs. 300 Rs. 900 10 Nov 2022 Rs. 35 Rs. 300 Rs. 900 09 Nov 2022 Rs. 35 Rs. 300 Rs. 900 08 Nov 2022 Rs. 15 Rs. 300 Rs. 900 07 Nov 2022 Rs. 15 Rs. 300 Rs. 900 06 Nov 2022 Rs. 25 Rs. 300 Rs. 900 05 Nov 2022 Rs. 25 Rs. 300 Rs. 900 04 Nov 2022 Rs. 40 Rs. 300 Rs. 1500 03 Nov 2022 Rs. 75 Rs. 400 Rs. 4000 02 Nov 2022 Rs. 75 Rs. 400 Rs. 4000 01 Nov 2022 Rs. 70 Rs. 400 Rs. 4000 31 Oct 2022 Rs. 70 Rs. 400 Rs. 4000 29 Oct 2022 Rs....

Bikaji Foods International, the maker of traditional North Indian savouries like bhujia and namkeen, apart from sweets, is going to make its debut on Wednesday, November 16, after getting a healthy subscription for its initial public offering (IPO). Considering the good response to the IPO, optimism in the secondary market, its market leadership in its core states (Rajasthan, Assam, and Bihar), an international footprint, a healthy top line, and a strong management team, the listing premium is expected to be around 10 percent over the final issue price of Rs 300 per share, in line with the grey market premium, but the downside could be that the issue was a complete offer for sale (OFS) by promoters and investors, apart from falling margin, experts said. The Rs 881-crore public issue was subscribed 26.67 times during November 3-7 backed by qualified institutional buyer (QIB) interest. QIBs had applied for more than 80 times the allotted quota, and high net-worth individuals over 7 times, while the portions set aside for retail investors and employees were subscribed 4.77 times and 4.38 times, respectively. “Being India’s third-largest ethnic snacks company, Bikaji Foods managed to get a strong investor response. Given an optimistic outlook in the secondary market, Bikaji is expected to list with a decent premium of 8-10 percent on the issue price,” said Prashanth Tapse, senior vice-president, research, at Mehta Equities said. But investors should also look at a few red flag...

The Gurugram-based company's shares were offered at around Rs 72-76 during its IPO in 2021. It had subsequently listed at a significant premium of Rs 125 per share. The 30-stock benchmark index is also near its all-time high of 63,583.07. On Friday, the Sensex ended at 62,625.63. 09 Jun, 2023, 10:17 PM IST The issue, which closes on June 8, comprises a fresh equity issue of up to Rs 350 crore and an offer for sale (OFS) of up to 90 lakh shares. The company has set a price band of Rs 270-285 per unit and investors can bid for a minimum of 52 shares in one lot and multiples thereafter. At the upper end, the company plans to raise about Rs 607 crore. 06 Jun, 2023, 07:03 PM IST Grey market hints for a decent show on the listing day and considering the market mood and low interest, we expect a listing premium of 10-12% above its issue price of Rs 65. On valuation per se, the issue is fully priced-in, discounting all the near-term growth. Hence, decent listing gain can be justified," Tapse added. 11 Jan, 2023, 03:54 PM IST The grey market data available for the stock for the past 14 sessions indicates a weak-to-modest listing for the stock. The stock has been trading at a discount for the past three sessions.For the last 14 sessions, the grey market premium or GMP for Elin Electronics has moved from a high of Rs 48 on 20 December to a discount of Rs 8 on 26 December. For the last three consecutive days, the GMP has been in the negative zone. 29 Dec, 2022, 01:48 PM IST The Rs 1,5...

Bikaji Foods International latest IPO GMP Today is ₹21(+/-2), last updated on Nov 16th 2022 07:51 AM. Given at the price band of 300, the estimated listing price for the Bikaji Foods International IPO is ₹321 (cap price + today's GMP). The expected gain/loss per share in terms of percentage is 7.00%.• Bikaji Foods International IPO Retail Kostak: ₹250 • Bikaji Foods International IPO Retail Subject to Sauda: ₹500 • Bikaji Foods International IPO Small HNI Subject to Sauda: ₹8000 • Bikaji Foods International IPO Big HNI Kostak: ₹6000 • Bikaji Foods International IPO Big HNI Subject to Sauda: ₹8000 We update GMP on daily basis and based on the last 21 sessions grey market activities, The current GMP (₹21) is showing signals towards the lower side. With this trend, it can go further down on listing day. The lowest GMP is recorded at ₹20 while the highest GMP is ₹90. Stay tuned with us to know the day-by-day Bikaji Foods International IPO GMP Performance along with its expected listing price. Bikaji Foods International Day-wise IPO GMP Trend GMP Date GMP S2S Estimated Listing Price Last Updated Time 16-11-2022 ₹21 500 ₹321 (7.00%) 16-Nov-2022 06:51:31 AM 15-11-2022 ₹23 500 ₹323 (7.67%) 15-Nov-2022 04:22:36 PM 14-11-2022 ₹23 500 ₹323 (7.67%) 14-Nov-2022 03:26:01 PM 13-11-2022 ₹28 500 ₹328 (9.33%) 13-Nov-2022 08:03:21 AM 12-11-2022 ₹28 500 ₹328 (9.33%) 12-Nov-2022 04:08:36 PM 11-11-2022 ₹40 500 ₹340 (13.33%) 11-Nov-2022 07:55:18 AM 10-11-2022 ₹40 500 ₹340 (13.33%) 10-Nov-2022 08...