Bikaji Foods makes a decent debut; lists at ₹322.8, a 7.6% premium to its IPO price

The stock listed at ₹322.80 per share vs its issue price of ₹300 per share, a premium of over 7.6 percent on the NSE. Meanwhile, on BSE, it listed at a premium of 7 percent at ₹321.

Bumper Listings: Bikaji Foods and Medanta operator Global Health jump on debut; Check details here

Bikaji Foods shares debut at nearly 8% premium while Global Health saw a 19% jump on their debut. 

Bikaji Foods IPO subscribed 26.67 times on last day of offer

Bikaji Foods IPO: The quota meant for Qualified Institutional Buyers (QIBs) received 80.63 times subscription, while the non-institutional investors category was subscribed 7.10 times and Retail Individual Investors (RIIs) was subscribed 4.77 times.

Bikaji Foods IPO opens today: Should you take a bite?

The majority of the brokerages remain positive on the issue due to their industry-leading position, consistent financials and strong brand visibility, however, some brokerages have flagged pricey valuations and a complete OFS issue as areas of concern.

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Bikaji Foods makes a decent debut; lists at ₹322.8, a 7.6% premium to its IPO price

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