Bikaji Foods International Ltd IPO

  • Min. Investment14250/ 50 Shares
  • Min. Quantity50
  • Price Range₹285 - ₹300
  • Date Range03 Nov 22 - 07 Nov 22
  Retail Investor can invest upto Rs 2,00,000 in IPO
Dates
  • Application Start Date03 Nov 2022
  • Application End Date07 Nov 2022
  • Allotment begins
  • Refund Initiation Date14 Nov 2022
  • Allotment Date11 Nov 2022
  • Listing On Exchange16 Nov 2022
Registrar Information
  • NameLink Intime India Pvt Ltd
  • Contact no.+91 22 4918 6200
  • Email IDbikaji.ipo@linkintime.co.in
Company Information

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Financial information

Here’s the consolidated financial information for the last three years:

Particulars FY20 FY21 FY22
(Rs Crore)
Revenue 1074.55 1308.46 1598.7
Net Profit 55.48 89.75 79.96
Total Assets 680.96 806.68 1081.01
Strengths
  • Well-established brand with pan-India recognition;
  • Diversified product portfolio focused on various consumer segments and markets;
  • Strategically located, large scale sophisticated manufacturing facilities with stringent quality standards;
  • Extensive pan-India and global distribution network, arrangements with reputed retail chains and growing e-commerce and exports channel;
  • Extensive distribution network in India;
Risks
  • The reputation and consumer goodwill associated with its brand are critical for the success of its business. An inability to maintain or enhance the popularity of its "Bikaji" brand may adversely impact its business prospects and financial performance.
  • The company is significantly dependent on the sale of its Bhujia Products. An inability to anticipate and adapt to evolving consumer tastes, preferences and demand for particular products, or ensure product quality or reduction in the demand of its Bhujia Products may adversely impact demand for its products, brand loyalty and consequently its business prospects and financial performance.
  • The current and continuing impact of the COVID-19 pandemic on its business and operations, including its impact on the ability or desire of consumers to purchase its products, may have an adverse effect on its business prospects and future financial performance.
  • Any slowdown or interruption to its manufacturing operations or under-utilization of its existing or future manufacturing facilities may have an adverse impact on its business and financial performance.
  • Its proposed capacity expansion plans relating to its manufacturing facility and proposed contract manufacturing facilities are subject to the risk of unanticipated delays in implementation and cost overruns.
Opportunities
  • Implement distinctive growth strategies for its core markets, focus markets and other markets
  • Establish strategically located new manufacturing facilities to pursue growth in its focus and other markets
  • Continue to use advanced technology to further optimise its operations
  • Further strengthen its brand
  • Implement distinctive growth strategies for its core markets, focus markets and other markets
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).