Haldiram: A few days ago, Bikaji’s stock market listing took place. The company’s promoter Shiv Ratan Agarwal’s brothers have now also begun making plans for an IPO. They may launch their IPO in the upcoming 18 months, according to media reports.
The well-known snack company Haldiram is owned by him. He has combined the businesses of Nagpur and Delhi. Their current objective is to strengthen Haldiram’s in India.
Let us inform you that his elder brother Shiv Kishan Agarwal oversees Haldiram Foods International of Nagpur. Manohar and Madhusudan Agarwal, younger brothers, are in charge of managing Delhi’s Haldiram snacks.
Are you aware that Haldiram owns two businesses? In addition, the owners of Haldiram and Bikaji are brothers. Find out how they succeeded.
How was the name Bikaji derived?
The family of Shivratan Agarwal was then in charge of a sizable domestic snack and bhujia business, but they had to forge their own identity. Due to this, Shivratan founded his own Bikaneri Bhujia company in 1987, breaking away from the Haldiram trademark. He gave his company the name “Bikaji” in the year 1993. Rao Bikaji, the name of the city’s founder, inspired him to give it that name.
80 lakh stores sold Haldiram products.
Australia, America, Russia, and the Middle East all import goods from Bikaji. In the regions of the world where Indians reside, there is a high demand for these products. The country’s 80 lakh shops sell Bikaji’s 250 goods. In addition, Bikaji has locations throughout numerous cities. There are also several international airports with Bikaji stores.
A 40-country business network now exists
With only an eighth-grade education, Shivratan Agarwal founded this enterprise, which presently operates in more than 40 nations. Bikaji’s yearly revenue in 1992 was Rs 6 crore, and it will be Rs 1,074 crore in 2020, according to a Business India article.
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