Bikaji Foods IPO Listing On BSE NSE Check Listing Price Share Price Today
Bikaji Foods IPO: The investors of Bikaji Foods have got...
Bikaji Foods IPO: The investors of Bikaji Foods have got good profits on the listing of its shares and against the issue price of Rs.300, the shares of Bikaji Foods are listed at Rs.321 on BSE. Investors who got shares in IPO got 7% premium ie listing gain on its listing. Shares of Bikaji Foods are listed at Rs 323 on NSE and investors have got good listing gains in its shares.
If seen in rupees then got good profit
Investors have got a profit of Rs 21 and Rs 23 per share on the shares of Bikaji Foods as its issue price was Rs 300 and the listing has happened at Rs 321 and Rs 323 per share.
Bikaji Foods share in early trade
Shares of Bikaji Foods went up to Rs 330 per share in early trade and this is its all-time high.
What was the price band of Bikaji Foods IPO?
The price band for the IPO was fixed between Rs 285 and Rs 300 by Bikaji Foods. The company was preparing to raise 881.2 crores through this IPO. Under the IPO, 2.94 crore shares have been sold under Offer for Sale. The issue of Bikaji Foods was completely Offer for Sale (OFS) i.e. no new shares have been sold in it. Promoters and investors have sold their stake in this issue. Shiv Ratan Aggarwal and Deepak Aggarwal, who are among the main promoters of the company, have sold their 25 lakh shares each. The issue of the company opened on 3rd November and closed on 7th November i.e. IPO was open for 4 days.
Bikaji Foods IPO got good response
The IPO of Bikaji Foods got a good response from the investors. It was subscribed up to 26.67 times till the last day of the IPO on 7 November. According to the data available in the National Stock Exchange, 55.04 crore shares were bid against 2.6 crore shares. In this IPO, retail investors in the company have subscribed up to 4.77 times. At the same time, the share of non-institutional investors has been subscribed up to 7.10 times and the share of qualified institutional investors up to 80.63 times.
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