Bikaji Foods International Gray Market Premium and IPO allotment – Business News India

read on appThe allotment of IPO of Bikaji Foods International may be final today. The tentative date for IPO allotment of Bikaji Foods is 11 November 2022. Meanwhile, Bikaji Foods'

premium in the gray market continues to rise. According to market watchers, the gray market premium (GMP) of Bikaji Foods is Rs 38 on Friday. Investors who have applied for the IPO

of Bikaji Foods can check their application status by visiting the official website of BSE at bseindia.com or the official registrar of issue - Link Intime India. The premium of

the company's shares increased by Rs 38Market experts say that the gray market premium (GMP) of Bikaji Foods International has increased to Rs 38 on Friday. The gray market premium

of the company's shares stood at Rs 36 on Thursday. The price band of Bikaji Foods IPO is Rs 285-300. If the shares of the company are allotted at the upper price band of Rs 300

and the gray market premium of Rs 38 remains, then the shares of the company may get listed at Rs 338 level. Also read- This stock will go up to Rs 100, today the price jumped by

13%, IPO came last year, Expert Bullish Shares of Bikaji Foods may be listed on November 16The IPO of Bikaji Foods has been subscribed 26.67 times. In the IPO of Bikaji Foods

worth about Rs 881 crore, 20636790 shares were on offer, on which bids of 550400900 shares were received. QIB's quota has been subscribed 80.63 times in Bikaji Foods IPO. At the

same time, the quota of non-institutional investors (NIIs) was subscribed 7.10 times. While the quota of retail investors has been subscribed 4.77 times. The shares of Bikaji Foods

may get listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on 16 November 2022. Also read- Ambani-Adani in the race to buy the debt-ridden company, upper

circuit started as soon as the news came, trading was closed earlier Disclaimer: The information given here is only about the performance of the stock, it is not an

investment advice. Investing in the stock market is subject to risks and please consult your advisor before investing.