Ethnic snacks maker Bikaji Foods hires merchant banks for IPO

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Bikaji Foods International Ltd has hired three merchant banks for its initial public offering (IPO) which is expected to value the ethnic snacks maker at over $1 billion (Rs 7,427 crore), two persons in the know told VCCircle.  Bikaji has roped in Axis Capital, JM Financial and Kotak Mahindra Capital Co, ......