Bikaji Foods International Limited IPO Message Board (Page 16)

What a change in scenario in past two days... Initially I was in a dilemma whether to go full force in Dcx Or Bikaji but somehow made my mind to go full force in DCX... Now have arranged fund to apply few sHNI but in a big dilemma whether to go for it...

Aa ipo profitebal aape ke kem?

I will avoid this because no fundamentals and too costly as well. Instead of this I will go for good IT companies which values are low. Will give good return in short term.

only when the iApple is manufactured by Apple Co. ltd.

Hahaha @ipowizard😂😂

Apart from bikaji,

Government has launched eRupee Digital currency, the technology they are using is Blockchain.
Government hasn't disclosed who they are working with on eRupee, but during COVID they used Matic-polygon for their cowin website and data integration.
If someone could find out who they are working with, it would be a good time to invest in that crypto if eRupee takes off in future.

As pointed out, Matic polygon jumped from 75 to 104.....eRupee Launch is the key reason.
Matic is India's technology.
Happy investing.
Target is 1000+ in 1 year.
Risk reward is high.

Bikaji company's yearly Revenue is far less than 2000 crores and Net profit is less than 100 crores and the promoters are asking Valuation of 44000 crores ?
Means Asking valuation more than 450 X yearly profit and 27.5 X yearly sales ?
Isn't this a joke ??

@Piyush chaudhari bhai thoda samaj 881 cr jo bech rahe hai wo promoter nahi hai
Chalo simple language me samjata hu koi bhi company start hoti hai to uske promoter ki holding 100% hoti hai right ? Baad me funding ke liye company ka kuch hissa bechte hai isi tarike se bikaji valo ne apna hissa kuch logo ko becha uske baad unke pass 78% k aas pass Raha abhi 22% jisko becha usme se kuch log sell kar rahe hai 881 cr ka aur 2% promoter sale kar rahe hai
@Asok sarkar company promoter holding 78% shares in company so they it is obvious that 22% shares are sold to someone right ? Out 22% some shareholders are selling there stake and also 2% promoters selling there stake all combine is 881 cr ( inshort in some of old shareholders who are not promoters and 2% promoters selling there stake for 881 cr )

@param Patel bhai
Noted, thanks for your valuable comment is such a simple way.

@DSR, Monster zero and all senior member.

I have open minor account in kotak bank which is tag under my CRN and having demat account of minor in pro stock.

Can anyone please let me know how I can apply for ipo for minor from kotak bank

YOU CAN OPEN A MINOR ACCOUNT ANY WHERE/EVERY WHERE.

Apply for minor's IPO thru your Bank ASBA ....

Plz update latest gmp if any??

Which bank is best for HNI application, I mean in terms of user friendliness and mandate creation. Suggestions appreciated.

Icici I felt good

Those who are getting confused between market cap and valuations -

First of all, market cap and valuation are the same thing..

Here are some calculations for you -
Promoters are offloading 50 lakh shares *300 price = 2% of the total issue.
150crore = 2% issue,
Therefore, 100% issue is a 7500 crore valuation.

I don't understand how people are saying 2% issue of promoter = 7500crore. This is a wrong interpretation.

Good. Thanks 👍

BIG BREAKING
Inox Green Energy Services Limited file RHP with SEBI on 3-Nov-2022

Issue Date : 11-Nov to 15-Nov, 2022
Fresh : ₹370 Cr
OFS : ₹370 Cr
Retail : 10%
FV : ₹10

IPO Open : 11-Nov-2022
IPO Close : 15-Nov-2022
Basis of Allotment : 18-Nov-2022
Initiation of Refunds: 21-Nov-2022
Credit of Shares : 22-Nov-2022
IPO Listing Date : 23-Nov-2022

Inox is another fraud company

@ A K , Agreed. This might be the reason Inox had not kept any shareholder portion otherwise their employees only were forced to fill up.

Except dcx which is over, all ipo are avoid candidate.

Just relax and ignore this ipos

Hi PKRAJ... This was just in a lighter vein and with full regard to AmitJi and his seniority. You may have noticed that too.

Hello True info.. We all know what he loves most, don't we? In fact, I flip the channel when his ads are aired...
After this and Haldiram, we will wait for Dhaniya Lakshman...

@ Trueinfo
Not me but you and others all know the truth.
Need not say anything more here. We are not so big celebrities like them, they are very successful in their field. We are also well placed in our own field.
@Eklavya
To be lighter is very good. Your behavior is already in your name. Very nice. Forget BIKAJI.
Have a nice day to all.

Talking about betrayal, I love haldiram but putting my money in bikaji's IPO.🥺

@admin
Nov 4, 2022, 1:55:48 PM it's showing this time on the latest post. Whereas currently, it's 1:04 PM only. I think this is the issue with server time. Please set it to IST.
Thanks.

What's the GMP now?

Face value 1 from 10, people holding it in offline matket will get 10x value.
As previously pointed put in this forum in that offline price 360/-
Another Paytm like Fiasco, FV game is being played here. Be cautious before applying.

@monster bhai you have always guided us with prompt answers & best advices
Also remember one thing which I many times prefer in such circumstances "Ignorance is Bliss"

I request everyone to let go of this thread, he's just a fellow member and i hope he'll guide us in future with his knowledge and experience, because that's what we came looking here.
Each one teach one.

BFIL has shown Prataap Snacks, DFM Foods, Nestle India, and Britannia Ind. as their listed peers. They are currently trading at a P/E of 152.68, 00, 83.43, and 62.35 (as of October 31, 2022).
As per above observation, bikaji asking p/e 119 and prataap only above bikaji, As per my observation, listing gain will not much more may be around between 20-30 rs. or if market down then it also happen to vanish this 20-30 rs.

better to leave, why take risk for 20-30 ruppe.

I think prospect of Hindustan Food & Jubilant Food are far better in long term.

Although not apple to apple, but is Annapurna cheaper than Bikaji? EPS is almost the same. Smaller base may show good growth in years to come.

you said it.....

Annapurna got wind today

Decision should not be taken on personal bias..but since it's food .. I'll do what is not advised generally.

I have never bought bikaji snacks even though when there were no other options. At railways platform..or driving on a highway.. or grocery delivery apps blinkit, jiomart, swiggy,

Choices were always among lays, uncle chips or haldiram.. even I tried too yumm, ITC bingo. ..other good brands Pringle Doritos..but never tried bikaji.. somehow I always got feeling that this is inferior in quality.. that's not the brand positioning i could relate with.

Hence avoiding.

In Rajasthan, Bikaji is the most preferred brand (specifically in namkeens like bhujia, not in potato chips) comparison here is not apt!
#just talking about the brand not the ipo pricing/ valuations/ reasonable or not.

Yes.. it might be very strong in Raj and in bhujiya... .. it seems too small.

I am looking for snacks category in entirety for comparison. I might be wrong.

Bhujiya is mostly consumed with some other products.. poha.. chat allo tikki, Pani puri while other snacks are consumed standalone.. maybe that's the reason why I can't relate with this much.

18 seller

earlier kalyaang ipo having amitaabh brand ambassador did kalyaan of investor , now they will have bhugia in there hands , donot go grey market premium just mouth littering