Indian sweets and snacks manufacturer, Bikaji Foods International Ltd., whose initial public offering (IPO) was open for subscription till November 7, 2022, is expected to finalise its share allotment status today on Friday, November 11, 2022.
The company has grown exponentially since its inception and is now the largest manufacturer of Bikaneri bhujia, producing 26,690 tonnes annually. It is also the second largest manufacturer of handmade papad.
Bikaji Foods IPO Subscription Status
The Bikaji Foods IPO was an offer for sale (OFS) worth ₹881 Crore from the company's existing promoters and investors. The IPO was subscribed 26.67 times on the final day of subscription. The price band for the Bikaji Foods International Ltd IPO was fixed at ₹285-₹300 per share.
Bikaji Foods IPO GMP (Grey Market Premium)
As per market observers and analysts, Bikaji Foods IPO GMP today on 11th November is ₹38 per equity share.
Bikaji Foods International IPO: How To Check Your Allotment Status?
Bikaji Foods International Ltd.'s shares will debut on the National Stock Exchange and the Bombay Stock Exchange on November 16, 2022. The Indian ethnic snacks maker is expected to finalise the allotment of its shares anytime today on November 11, 2022. If you have placed a bid for the Bikaji Foods IPO and are allotted the shares, they will be credited to your demat account on Tuesday, November 15, 2022.
The registrar for the Bikaji Foods International Ltd. IPO is Link Intime India Private Ltd. It is a SEBI-registered entity and is responsible for processing the IPO applications and carrying out the process of share allotment.
To check the allotment status of the Bikaji Foods IPO, you can visit the BSE website or the official Link Intime India Private Ltd. website.
Steps To Check Bikaji Foods International IPO Allotment Status Via BSE
Under the ‘Issue type' section, select ‘Equity'.
Select ‘Bikaji Foods International Limited' in the drop box under the ‘Issue name' section.
Enter your IPO application number or your PAN number.
Now, select the 'I am not a Robot' button and click on the ‘Search' button to view your Bikaji Foods International Ltd. allotment status.
Steps To Check Bikaji Foods International IPO Allotment Status Via The Registrar
Select ‘Bikaji Foods International - IPO' in the drop box.
Enter any one of the following details- PAN number, IPO application number, or DP client ID.
Click on the ‘Search' button to check your Bikaji Foods International Ltd. IPO allotment status.
If you do not receive the allotment of shares, the company may process the refund of your bidding amount by November 14, 2022. The listing of the Bikaji Foods International Ltd. shares on the bourses is expected to be on November 16, 2022.
Also Read: Bikaji Foods IPO: All You Need To Know
Take a look at our video series around IPO for information on existing and upcoming IPOs: BQ Prime IPO Watch
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