HomeLifestyleBikaji Foods share listing: Bikaji could not taste profits, shares listed at...

Bikaji Foods share listing: Bikaji could not taste profits, shares listed at 7.60% premium on NSE and 7.05% premium on BSE – bikaji foods ipo share listing with 7 60 premium at rs 322 80 – News18


Bikaji Foods is the leading company in its sector.
Brokerages were positive on Bikaji Foods.
The shares were also trading at a premium in the gray market.

New Delhi. The listing of shares of Bikaji Foods has not been as expected. Shares of Bikaji Foods are listed at Rs 321.15 on BSE with a premium of 7.05 per cent. At the same time, the company’s shares are listed at Rs 322.80 on the NSE at a premium of 7.60 per cent. The issue upper price band of the company’s IPO was Rs.300. This IPO opened on 3 November and closed on 7 November.

Bikaji Foods IPO was subscribed 26.67 times. The highest bid for this IPO was placed by Qualified Institutional Buyers (QIB) and subscribed about 80.63 times for their share of shares. At the same time, 4.77 times bids were received for the reserved portion for retail investors. Non-Institutional Investors (NII) had bid 7.10 times more for their share of shares.

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FIRST PUBLISHED : November 16, 2022, 11:02 IST



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