Bikaji Foods, Medanta IPOs listing: Shares list at premium; Check Stop Loss | Bikaji Foods, Medanta Shares Price NSE, BSE

Written By: ZeeBiz WebTeam Updated on: November 16, 2022, 10.29 AM IST

Bikaji Foods Shares, Medanta Shares Listing Price NSE, BSE: Shares of Bikaji Foods International Limited and Medanta operator Global Health Limited made a positive debut on stock exchanges at a premium of 10 to 20 per cent above the issue prices.

Bikaji Foods Shares, Medanta Shares Listing Price NSE, BSE: Shares of Bikaji Foods International Limited and Medanta operator Global Health Limited made a positive debut on stock exchanges at a premium of 10 to 20 per cent above the issue prices. Shares of Bikaji Foods and Medants have been listed and admitted to dealings on the BSE and NSE in the list of 'B' group of securities. While Medanta shares opened at Rs 398.15 apiece on BSE and Rs 401 on NSE, yielding a return of around 20 per cent on the listing; Bikaji Foods shares too made a decent start on the BSE and NSE, listing at a premium of around 10 per cent at Rs 321.15 and Rs 322.80, respectively.

Bikaji Foods Shares, Medanta Shares Listing Price NSE, BSE

Latest Updates

  • Medanta IPO Listing 

     

    Medanta too had a decent start with shares rising to Rs 400 as compared to the issue price of Rs 336.

  • Bikaji IPO Listing

     

    Bikaji Foods shares opened on BSE at Rs 321, delivering 7 per cent listing premium

  • Bikaji IPO Share Listing in Pre-Open NSE, BSE 

     

    BSE - Rs 321.15 (+21.15) 21.15 per cent
    NSE - Rs 322.80 (+22.80) 22.80 per cent

  • Medanta IPO Share Listing in Pre-Open NSE, BSE 

     

    BSE - Rs 398.15 (+62.15) 18.50 per cent
    NSE - Rs 401 (+65) 19.35 per cent

  • Medanta IPO Listing Date and Time

     

    Global Health, which has the backing of private equity investors such as Carlyle Group and Temasek, operates a network of five hospitals under 'Medanta' brand in Gurugram, Indore, Ranchi, Lucknow and Patna. 

  • Bikaji IPO Listing Date and Time

     

    Bikaji Foods International mobilised Rs 262 crore from anchor investors. Since the IPO is completely an OFS, the company will not receive any proceeds from the issue.

  • Bikaji IPO Listing Date and Time

     

    Bikaji is the largest manufacturer of Bikaneri bhujia with an annual production of 29,380 tonnes and is a leading maker of packaged 'rasgulla', 'soan papdi' and 'gulab jamun'.

  • Medanta IPO Listing Date and Time

    Medanta delivered a total income of Rs 2,205.8 crore and a profit of Rs 196.2 crore in FY22.

  • Medanta IPO Listing Date and Time

     

    As part of its growth strategies, Medanta intends to capitalise on medical tourism. 

  • Bikaji IPO Listing Date and Time

     

    Link Intime Private Limited (linkintime.co.in) is the official registrar appointed for Bikaji Foods International IPO. 

  • Bikaji Foods IPO Listing Date and Time

     

    Bikaji Foods International Ltd’s products range across six principal categories: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks.

  • Bikaji Foods IPO Listing Date and Time

    COMMERCIAL BREAK
    SCROLL TO CONTINUE READING

     

    Bikaji Foods will not receive any funds from the IPO as it is a complete offer for sale by promoters and shareholders. The IPO comprises of OFS of around 2.94 crore equity shares by its promoters and existing shareholders.

  • Medanta IPO Listing Today

    COMMERCIAL BREAK
    SCROLL TO CONTINUE READING

     

    Founded by Dr Naresh Trehan, a renowned cardiovascular and cardiothoracic surgeon, Global Health is a leading private multi-specialty tertiary care provider in the north and east regions of India.

  • Medanta IPO Listing Today

     

    The Medanta or Global Health IPO comprises fresh issuance of equity shares worth Rs 500 crore and an offer of sale up to 5.08 crore equity shares by promoters and existing shareholders. The face value of each share would be Rs 2.

  • Both Bikaji Foods, Medanta IPOs will give listing gains

     

    Anil Singhvi said that both Bikaji Foods and Medanta or Global Health IPOs will give listing gains. 

  • Bikaji IPO Share Listing Price Expectation by Anil Singhvi

     

    Singhvi said that Bikaji can list at a premium of 7-8 per cent i.e. at around Rs 320-330. Short-term investors can keep a stop loss at around Rs 295.

  • Medanta Shares Stop Loss, Strategy By Anil Singhvi

     

    COMMERCIAL BREAK
    SCROLL TO CONTINUE READING

    According o Anil Singhvi, investors can expect listing at a premium of 10% around Rs 370. Listing will not be below the issue price. Keep stop loss at issue price or Rs 345. Hold this stock for long-term gains.

     

     

     

  • Medanta IPO Share Listing Price Expectation by Anil Singhvi

     

    Zee Business Managing Editor Anil Singhvi said that shares of Medanta can list at around Rs 360 apiece. In other words, it can list at a premium of 8-10 per cent.

  • Medanta IPO Listing Today

     

    Ahead of the IPO, Global Health has mobilised Rs 662 crore from anchor investors. 

  • Medanta IPO Listing Today

     

    Government of Singapore, Nomura, Axis Mutual Fund (MF), HDFC MF, Aditya Birla Sun Life MF, SBI MF, ICICI Prudential MF, Kotak MF, Max Life Insurance Company and SBI Life Insurance Company are among the anchor investors.

  • Medanta IPO Listing Date, Time

     

    Global Health or Medanta IPO will list on both the leading exchanges BSE and NSE. Global Health IPO listing date is November 16 and timing is 10 am.

  • Bikaji Foods International Shares Listing Date, Time

    Bikaji Foods will list on both the Bombay Stock Exchange (BSE) as well as National Stock Exchange (NSE) on November 16 at 10 am.

  • Bikaji Foods IPO Subscription 

    As per data available with the NSE, the Rs 881.22-crore IPO of Bikaji Foods received bids for 55,04,00,900 shares against 2,06,36,790 shares on offer. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

ZEEBIZ TRENDING STORIES