IPO

Bikaji Foods International Ltd

Registered Office : F-196-199 F 178 & E 188,Bichhwal Industrial Area,Bikaner Rajasthan 334006 Phone : 91-151-2250350
Fax :

Email : cs@bikaji.com

Website : www.bikaji.com

Initial public offering of 29,373,984* equity shares of face value of Rs. 1 each ("equity shares") of Bikaji Foods International limited (The "Company" or the "Issuer") for cash at a price of Rs. 300 per equity share (including a share premium of Rs. 299 per equity share) ("Offer price") aggregating to Rs.880.85* crores (The "offer"). The offer comprises an offer for sale of 29,373,984* equity shares ("offered shares") aggregating to Rs.880.84* crores, comprising 2,500,000* equity shares aggregating to Rs.74.97* crores by Shiv Ratan Agarwal, 2,500,000* equity shares aggregating to Rs. 74.97* crores by Deepak Agarwal (Shiv Ratan Agarwal and together with Deepak Agarwal, collectively referred to as the "promoter selling shareholders"), 12,110,967* equity shares aggregating to Rs. 363.17* crores by India 2020 Maharaja Limited ("India 2020 Maharaja"), 50,000* equity shares aggregating to Rs. 1.50* crores by Intensive Softshare Private Limited ("Intensive Softshare"), 3,110,056* equity shares aggregating to Rs. 93.26* crores by IIFL Special Opportunities Fund, 1,995,552* equity shares aggregating to Rs. 59.84* crores by IIFL Special Opportunities Fund- series 2, 976,179* equity shares aggregating to Rs. 29.27* crores by IIFL Special Opportunities fund- series 3, 2,753,339* equity shares aggregating to Rs. 82.57* million by IIFL Special Opportunities Fund- series 4 and 2,162,226* equity shares aggregating to Rs. 64.84* crores by IIFL Special Opportunities Fund- series 5 (collectively, "IIFL Funds"), 1,215,665* equity shares aggregating to Rs. 36.45* crores by Avendus Future Leaders Fund I ("Avendus") (India 2020 Maharaja, Intensive Softshare, IIFL Funds and Avendus, collectively referred to as the "investor selling shareholders", (investor selling shareholders together with the promoter selling shareholders, collectively referred to as the "selling shareholders" and such offer, the "offer for sale"). The offer for sale included a reservation of 250,000* equity shares, aggregating to Rs. 7.13* crores, for subscription by eligible employees (as defined herein) constituting 0.10% of its post-offer paid-up equity share capital ("employee reservation portion"). The offer less the employee reservation portion is hereinafter referred to as the ônet offerö. Our company and the selling shareholders, in consultation with the book running lead managers, offered a discount of Rs. 15 on the offer price to eligible employees bidding in the employee reservation portion (ôemployee discountö). The offer and the net offer shall constitute 11.77% and 11.67%, respectively, of the post-offer paid-up equity share capital of our company. The face value of the equity share is Rs. 1. The offer price is 300 times the face value of the equity shares.