Check Bikaji Foods IPO Allocation Online; know GMP, subscription, how to apply and more

Investors can sign up for Bikaji Foods’ initial public offering today. From the latest GMP to allocation details, here are the details you need to know.

Already signed up for the Bikaji Foods International Ltd Initial Public Offering (IPO)? The initial public offering opened for subscription on Thursday, November 3, 2022, and today is the second day of the bidding process. The issuance will conclude on Monday, November 7, 2022. The Bikaji Foods IPO has been subscribed 0.67 times after the first day of the bidding process. Coming to Gray Market Premium (GMP), according to market watchers, Bikaji Foods shares are trading at Rs. 27 on the gray market today, according to a Live Mint report.

It can be known that on the first day of the subscription process, the portion reserved for retail investors has been subscribed 1.10 times, NII has been subscribed 0.58 times while the portion reserved for QIB has been subscribed 0.01 times. It can be known that the price band of the initial public offering has been set in the range of Rs. 285 to Rs. 300 per share for its Rs. Rs 881 crore: Initial sale of shares.

Once the three-day bidding process is over, the share allocation status is likely to end on November 11, 2022. In the meantime, the company’s shares are expected to be listed on major stock exchanges BSE and NSE. on Wednesday, November 16, 2022.

After the declaration of the share allocation status of the Bikaji Foods IPO, investors and bidders of the issue will be able to check it online through BSE or the IPO registrar which is Link Intime India Private Ltd. Also, you can subscribe for the issue online through various third-party apps like Groww, Zerodha, among others. Here are the steps you can follow:

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Bikaji Foods IPO: How to Apply Through Groww

1. Login to the app and click on the IPO tab.

2. Select Bikaji Foods IPO and click Apply. Next, you will have to make your offer and mention the lots.

3. Choose the cutoff price and then select the type of inverter.

4. Enter your UPI ID and accept the command.

Bikaji Foods IPO: How to Apply Through Zerodha

1. Login to Zerodha app and select Bikaji Foods IPO.

2. Enter your UPI ID and click the offer option.

3. Next, you will need to choose the type of investor, enter the lot size and the cutoff price.

4. Then click Confirm and then the Submit button.

5. After the filing, you are advised to accept the mandate request for the continuation of the procedure with the public issuance.

How to check Bikaji Foods IPO share allocation status through BSE

Step 1:

Please visit the official website of BSE or click on the direct link provided here: https://www.bseindia.com/investors/appli_check.aspx.

Step 2:

Select the company name – Bikaji Foods IPO from the menu (it will appear only after the completion of the allocation status).

Step 3:

Enter your assigned application number for the Bikaji Foods IPO.

Step 4:

Then enter your Permanent Account Number (PAN card number).

Step 5:

Click ‘I’m not a robot’ and confirm the captcha.

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