Bikaji Foods IPO Award Status, Listing Date: Bikaji Foods International will announce the status of its initial public offering (IPO) today. The company had set a date of November 11 for this and so the announcement is likely to come anytime now. The IPO of Bikaji Foods International was subscribed 26.67 times on the last day of subscription, i.e. Monday.
According to data available from the NSE, the Rs 881.22 crore IPO received bids for 55,04,00,900 shares against 2,06,36,790 shares on offer. The Qualified Institutional Buyers (QIB) quota was subscribed 80.63 times, while the Non-Institutional Investors category was subscribed 7.10 times and Retail Individual Investors (RII) were subscribed 4.77 times.
Bikaji Foods International IPO price range
The initial public offering (IPO) is a pure offer for sale (OFS) of a maximum of 2,93,73,984 shares. The offer price range is Rs 285-300 per share.
Bikaji Foods International Shares Listing Date, Bikaji IPO Listing Date
According to information shared by Bikaji, the company will be listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on November 16.
Bikaji Foods International IPO Award: Step by Step Guide to Check Status Online
Those who have applied for the Bikaji Foods International IPO can check the IPO application award status online. For this, one can either visit the official website of the Bombay Stock Exchange (BSE) or use a direct link.
Bikaji Foods International IPO Allocation: Checking BSE Status
Step 1: Bidders can visit the official ESB website to check the status of the online IPO application. Alternatively, they can directly click on the link – https://www.bseindia.com/investors/appli_check.aspx
2nd step: Select the ‘Equity’ option under ‘Issue Type’
Step 3: Select “Issue name” i.e. Bikaji Foods International from the menu.
Step 4: Enter your application number in the box or provide your PAN details to continue.
Step 5: Click on “I’m not a robot” then validate.
Check status via direct link or official registrar
It should be noted that Link Intime Private Limited (linkintime.co.in) is the official registrar appointed for the IPO of Bikaji Foods International.
Step 1: Visit the official Registrar website or click on – linkintime.co.in/MIPO/Ipoallotment.html.
2nd step: Select Bikaji Foods International.
Step 3: You will now need to provide your PAN details.
Step 4: Click “Search” and the award status will be available on your screen.
The status of your Bikaji Foods International IPO application will be available on screen.
Meanwhile, Bikaji Foods International Ltd said on Thursday it had raised Rs 262 crore from anchor investors. Since the IPO is entirely an SFO, the company will not receive any proceeds from the issuance.
Bikaji is the largest manufacturer of Bikaneri bhujia with an annual output of 29,380 tons and is a leading manufacturer of packaged ‘rasgulla’, ‘soan papdi’ and ‘gulab jamun’.
Axis Capital, Intensive Fiscal Services, JM Financial, IIFL Securities and Kotak Mahindra Capital are the managers of the offer.
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