DEAL DETAILS
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Bikaji Foods International Limited | Initial Public Offering |
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NO |
HEADINGS |
DETAILS |
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1.
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Sector |
Consumer / FMCG : Food and Beverage |
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2.
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Announcement Date |
16-Nov-2022 |
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3.
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Completion Date |
16-Nov-2022 |
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4.
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Name of Client |
Bikaji Foods International Limited |
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5.
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Deal Description |
Initial public offering of equity shares of Bikaji Foods International Limited, comprising of an offer for sale of 29,373,984 equity shares aggregating upto INR 8,808.45 Million by Shiv Ratan Agarwal, Deepak Agarwal, India 2020 Maharaja, Limited, Intensive Softshare Private Limited, IIFL Special Opportunities Fund, IIFL Special Opportunities Fund- Series 2, IIFL Special Opportunities Fund- Series 3, IIFL Special Opportunities Fund- Series 4, IIFL Special Opportunities Fund- Series 5, Avendus Future Leaders Fund I |
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6.
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Total Consideration |
INR 8808.45 million |
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7.
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Team Members |
The core team consisted of Sudhir Bassi (Executive Director), Madhur Kohli (Partner), Vaibhav Mittal (Counsel), Ritika Khare (Associate), Ira Pandya (Associate) and Abhishek Singh (Associate). |
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8.
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Role of Firm |
Acted as legal counsel to the Company and promoter selling shareholders as to Indian Law on the initial public offering of equity shares of Bikaji Foods International Limited, comprising of an offer for sale of 29,373,984 equity shares aggregating upto INR 8,808.45 Million by Shiv Ratan Agarwal, Deepak Agarwal, India 2020 Maharaja, Limited, Intensive Softshare Private Limited, IIFL Special Opportunities Fund, IIFL Special Opportunities Fund- Series 2, IIFL Special Opportunities Fund- Series 3, IIFL Special Opportunities Fund- Series 4, IIFL Special Opportunities Fund- Series 5, Avendus Future Leaders Fund I |