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Bikaji Foods International lists with 7.05% premium on the BSE

16 Nov 2022 Evaluate

Bikaji Foods International has debuted at Rs 321.15 on the BSE, up by 21.15 points or 7.05% from its issue price of Rs 300.

The scrip is currently trading at Rs 319.35, up by 19.35 points or 6.45% from its issue price. It has touched a high and low of Rs 335.00 and Rs 314.00 respectively. So far 5.92 lakh shares were traded on the counter.

The offering, which was open for subscription between November 03, 2022 and November 7, 2022 was subscribed 26.67 times. The issue price was fixed at Rs 300 per share i.e. at upper end of price band of Rs 285-300 apiece.

Bikaji Foods International is the largest manufacturer of Bikaneri bhujia, packaged rasgulla, soan papdi and gulab jamun.

Peers
Company Name CMP
Nestle India 1372.00
Varun Beverages 416.00
Britannia Industries 4990.00
LT Foods 421.80
Hatsun Agro Product 1182.70
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