Bikaji Foods International prices Rs 881-crore IPO at Rs 285-300.

HomeStock MarketBikaji Foods International prices Rs 881-crore IPO at Rs 285-300.

Published on

November 1, 2022

Bikaji Foods International’s first public offering would cost Rs 285–300 per share.
Bidding opens on November 3 and closes on November 7. November 2 is anchor book day.
Public offer would collect Rs 881.2 crore for the firm. After subtracting issuance fees, selling shareholders will receive the whole offer, and the corporation will not.
In the offer-for-sale, promoters Shiv Ratan Agarwal and Deepak Agarwal will sell 25 lakh shares each, and investors, including India 2020 Maharaja, IIFL Special Opportunities Fund, IIFL Special Opportunities Fund-Series 2, IIFL Special Opportunities Fund-Series 3, IIFL Special Opportunities Fund-Series 4, and Avendus Future Leaders Fund I, will sell 2.43 crore shares.