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Company Update : Bikaji Foods International Limited By Arete Securities Ltd Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories with 300+ products: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies. Key Highlights • Largest ethnic snacks company in India. Strong leadership in core states delivering 14.7% in co...
Company Update : Bikaji Foods International Limited By Arete Securities Ltd
Company Update : Bikaji Foods International Limited By Arete Securities Ltd
Source: ARETE Securities
7/09/2023 4:40:00 PM
Buy Bikaji Foods International Ltd For Target Rs.575 - JM Financial Institutional Securities Focus on building capabilities as opportunities beckon The opportunity in the Indian savoury snacks segment is extremely attractive and Bikaji is capitalising on it by leveraging its brand strength and augmenting its manufacturing and distribution capabilities (Exhibit 4/5). Despite its well-entrenched presence in core markets, the company is able to drive strong growth in these markets – a function of market share gains led by initiatives around improving quality of distribution. In...
Buy Bikaji Foods International Ltd For Target Rs.575 - JM Financial Institutional Securities
Buy Bikaji Foods International Ltd For Target Rs.575 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
7/09/2023 3:02:33 PM
Buy Bikaji Foods International Ltd For Target Rs.440 - JM Financial Bikaji’s 1QFY24 performance was broadly inline on revenue front but missed our optimistic profitability estimates owing to lower than envisaged expansion in gross margins. Revenue growth was completely led by volume growth (+15.2%), which, although lower than management’s expectation, is still healthy in our view, especially given the challenging operating environment. Core ethnic snacks (Bhujia & Namkeen) segment continues to do well, which is a positive, with growth seen in ...
Buy Bikaji Foods International Ltd For Target Rs.440 - JM Financial
Buy Bikaji Foods International Ltd For Target Rs.440 - JM Financial
Source: JM Financial Institutional Securities Ltd
12/08/2023 3:14:54 PM
Bikaji Foods International zooms on acquiring 49% stake in Bhujialalji Bikaji Foods International is currently trading at Rs. 446.65, up by 20.30 points or 4.76% from its previous closing of Rs. 426.35 on the BSE. The scrip opened at Rs. 429.70 and has touched a high and low of Rs. 451.00 and Rs. 426.90 respectively. So far 62184 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 451.00 on 19-Jun-2023 and a 52 week low of Rs. 303.05 on 18-Nov-2022. Last one week high and low of the sc...
Bikaji Foods International zooms on acquiring 49% stake in Bhujialalji
Bikaji Foods International zooms on acquiring 49% stake in Bhujialalji
Source: Accord Fintech
19/07/2023 10:41:42 AM
Bikaji Foods International zooms on incorporating wholly-owned subsidiary in USA Bikaji Foods International is currently trading at Rs. 416.55, up by 9.55 points or 2.35% from its previous closing of Rs. 407.00 on the BSE. The scrip opened at Rs. 407.00 and has touched a high and low of Rs. 419.00 and Rs. 407.00 respectively. So far 33773 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 447.00 on 25-Jan-2023 and a 52 week low of Rs. 303.05 on 18-Nov-2022. Last one week high and low of the scr...
Bikaji Foods International zooms on incorporating wholly-owned subsidiary in USA
Bikaji Foods International zooms on incorporating wholly-owned subsidiary in USA
Source: Accord Fintech
12/07/2023 3:55:24 PM
Buy Bikaji Foods International Ltd For Target Rs.440 - JM Financial Bikaji’s 4QFY23 earnings print was sharply ahead of estimates, as miss on revenues was more than offset by much higher expansion in gross margins. Revenue performance was led by low double-digit volume growth; however, key positive surprise was gross margin delivery which was ahead of our expectations as well as higher vs management target of c.30%. The margin recovery process for Bikaji started in Q2FY23, however the pace and extent of improvement that it delivered turned out to be way...
Buy Bikaji Foods International Ltd For Target Rs.440 - JM Financial
Buy Bikaji Foods International Ltd For Target Rs.440 - JM Financial
Source: JM Financial Institutional Securities
9/06/2023 3:08:50 PM
Bikaji Foods International lists with 7.05% premium on the BSE 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...
Bikaji Foods International lists with 7.05% premium on the BSE
Bikaji Foods International lists with 7.05% premium on the BSE
Source: Accord Fintech
16/11/2022 11:49:01 AM
Bikaji Foods International IPO Subscribed 26.67 times on Final Day Bikaner-Rajasthan based snack company Bikaji Foods International Limited, the third largest ethnic snacks company in India and the second fastest growing company in the Indian organised snacks market has received bids of 55,04,00,900 shares against the offered 2,06,36,790 equity shares, at a price band of ?285-300, according to the data available on the stock exchanges. Overall the issue was subscribed 26.67 times on the last day of bidding. The reserved portion for qualified ins...
Bikaji Foods International IPO Subscribed 26.67 times on Final Day
Bikaji Foods International IPO Subscribed 26.67 times on Final Day
Source: PR Agency
8/11/2022 3:05:06 PM
Bikaji Foods International IPO Subscribed 1.48 times on Day 2 Raised Rs 262 crore from anchor investors including Eastspring Investments, Morgan Stanley, Government of Singapore, Nomura, Bay Capital and Kotak Funds besides others Bikaner-Rajasthan based snack company Bikaji Foods International Limited, the third largest ethnic snacks company in India and the second fastest growing company in the Indian organised snacks market has received bids of 3,04,41,900 shares against the offered 2,06,36,790 equity shares, at a price band of ?285-300, ...
Bikaji Foods International IPO Subscribed 1.48 times on Day 2
Bikaji Foods International IPO Subscribed 1.48 times on Day 2
Source: PR Agency
5/11/2022 1:00:55 PM
Bikaji Foods International Ltd raises Rs 262 crore from anchor investors Sees participation from 11 Foreign Investors; 10 Mutual Funds; 1 NBFC and 2 Insurance companies Mumbai : Bikaji Foods International Limited is the third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and the second fastest growing company in the Indian organised snacks market has garnered Rs 262.11 crore from anchor investors ahead of its initial share sale that opens for public subscription on Thursday, November 03,...
Bikaji Foods International Ltd raises Rs 262 crore from anchor investors
Bikaji Foods International Ltd raises Rs 262 crore from anchor investors
Source: PR Agency
3/11/2022 3:19:48 PM
IPO Note : Bikaji Foods International Ltd By Angel One Bikaji Foods International Ltd : Subscribe Issue Open: November 03, 2022 Issue Close: November 07, 2022 Incorporated in 1995, Bikaji Foods International Limited (Bikaji Foods) is among the India’s leading fast-moving consumer goods ("FMCG") brands. The company was the largest manufacturer of Bikaneri bhujia, and were the second largest manufacturer of handmade papad in Fiscal 2022. Its product range includes six principal categories: bhujia, namkeen, packaged swe...
IPO Note : Bikaji Foods International Ltd By Angel One
IPO Note : Bikaji Foods International Ltd By Angel One
Source: Angel One Ltd
3/11/2022 11:27:17 AM
IPO Note : Bikaji Foods International Ltd By Religare Broking   Bikaji Foods Ltd : Avoid Key Highlights * Company Background: Bikaji Foods is the third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets. They are the second fastest growing company in the Indian organized snacks market and manufactures products like Bikaneri bhujia, namkeen, western snacks, papad, sweets, etc. In India, their core markets are in the states of Rajasthan, Assam and Bihar but also have expanded footprint ac...
IPO Note : Bikaji Foods International Ltd By Religare Broking
IPO Note : Bikaji Foods International Ltd By Religare Broking
Source: Religare Broking Ltd
3/11/2022 11:07:03 AM
IPO Note : Bikaji Foods International Ltd By Geojit Financial Services Bikaji Foods International Ltd : SUBSCRIBE A leading ethnic food brand  Bikaji Foods International Ltd (BFIL) is the 3rd largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and is the 2nd fastest growing company in the Indian organised snacks market. Incorporated on 1995 at Bikaner in Rajasthan, BFIL has market leadership in the ethnic snacks market in Rajasthan, Assam and Bihar. The company has operations across 23 states ...
IPO Note : Bikaji Foods International Ltd By Geojit Financial Services
IPO Note : Bikaji Foods International Ltd By Geojit Financial Services
Source: Geojit Financial Services Ltd
2/11/2022 5:39:49 PM
IPO Note : Bikaji Foods International Ltd By Swastika Investmart Incorporated in 1995, one of India's largest fast-moving consumer goods ("FMCG") brands. It is third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and the second fastest growing company in the Indian organised snacks market. Company’s product range includes six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), froz...
IPO Note : Bikaji Foods International Ltd By Swastika Investmart
IPO Note : Bikaji Foods International Ltd By Swastika Investmart
Source: Swastika Investmart Ltd
2/11/2022 4:28:44 PM
IPO Note - Bikaji Foods International Limited By Jainam Share Consultant Business Overview * Company is second-fastest growing company in the organised snacks market in India, providing Indian snacks and sweets, and is the thirdlargest ethnic foods company in the country with a global presence. * The company has an international footprint. In the six months ended June 30, 2022, The company has exported the products to 21 international countries, including North America, Europe, the Middle East, Africa, and Asia Pacific, representing 3.20% of sales of food pr...
IPO Note - Bikaji Foods International Limited By Jainam Share Consultant
IPO Note - Bikaji Foods International Limited By Jainam Share Consultant
Source: Jainam Share Consultants Pvt Ltd
1/11/2022 5:04:20 PM
Bikaji Foods International Limited Initial Public Offering to open on November 03, 2022, sets price band at Rs.285 to Rs.300 per Equity Share Mumbai : Bikaji Foods International Limited is the third largest ethnic snacks company in India with an international footprint, selling Indian snacks and sweets, and the second fastest growing company in the Indian organised snacks market has fixed the price band at ?285 to ?300 per Equity Share for its maiden public offer. The initial public offering (“IPO” or “Offer”) of the Company will open on Thursday, November 03, 202...
Bikaji Foods International Limited Initial Public Offering to open on November 03, 2022, sets price band at Rs.285 to Rs.300 per Equity Share
Bikaji Foods International Limited Initial Public Offering to open on November 03, 2022, sets price band at Rs.285 to Rs.300 per Equity Share
Source: PR Agency
1/11/2022 2:40:33 PM