Bikaji Foods International IPO
FMCG/Snacks - Listed on 16 November 2022
Bikaji Foods International IPO listing summary
Bikaji Foods International (FMCG/Snacks) closed its IPO window in 2022 and listed on NSE and BSE on 16 November 2022 at an upper band issue price of Rs 300, opening at Rs 317.46 for a listing gain of +5.8% and closing day one at Rs 326 (+8.7% on closing basis). The IPO was subscribed 2.26x overall - QIB 3.12x, HNI/NII 1.31x, Retail 1.29x. The total issue size was Rs 1,590 Cr (Fresh Issue Rs 1590 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Bikaji Foods International IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 75 | +25.00% |
| Day 2 | Rs 75 | +25.00% |
| Day 3 | Rs 70 | +23.33% |
| Day 4 | Rs 40 | +13.33% |
| Day 5 | Rs 30 | +10.00% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Bikaji Foods International IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Bikaji Foods International IPO - FAQs
What was the listing gain of Bikaji Foods International IPO?
Bikaji Foods International IPO listed at +5.8% versus the upper issue price of Rs 300 on 16 November 2022.
How many times was Bikaji Foods International IPO subscribed?
Bikaji Foods International IPO was subscribed 2.26x overall. QIB portion was subscribed 3.12x, HNI / NII 1.31x and Retail 1.29x.
What was the IPO GMP for Bikaji Foods International?
IPO GMP started at Rs 75 on Day 1 and moved to Rs 30 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.