Bikaji Foods International, a Rajasthan-based namkeen and sweets maker, is about to come out with its IPO. This IPO of Bikaji Foods is going to be worth 1000 crores.
Bikaji has submitted draft papers for this with the market regulator SEBI. Bikaji Foods, the market leader in the family pack segment, manufactures over 250 products.
So many shares will be issued
According to the documents submitted with SEBI, the company will issue a total of 2,93,73,984 equity shares under the offer for sale (OFS).
In this issue, the promoters of the company Shiv Ratan Agarwal and Deepak Agarwal will issue 25 lakh shares each. Apart from this, other investors of the company will also issue their shares.