Mrs. Bectors Food Specialities Limited IPO
Mainboard₹14,400 / 50 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 17-12-20 05:00 PM |
| QIBs | 176.85 |
| NII | 620.86 |
| Retail | 29.32 times |
| Employee | 45.46 times |
| Total | 198.02 times |
Mrs. Bectors Food Specialities Limited IPO Details
The Mrs. Bectors Food Specialities Limited IPO price band is set between ₹286 - 288 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 15 Dec, 2020 and closes on 17 Dec, 2020. Investors can check the allotment status on 23 Dec, 2020, while the listing date is tentatively scheduled for 24 Dec, 2020.
The total issue size is Total Equity Shares 1,87,68,750 of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹540.54/- Cr# Fresh Issue of 14,07,638 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹40.54/- Cr# Offer for Sale of 1,73,61,111 Equity , aggregating up to . Stay tuned for the latest Mrs. Bectors Food Specialities Limited IPO review and GMP updates.
Mrs. Bectors Food Specialities Limited IPO Review, Rating & Analysis
Mrs. Bectors Food Specialities Limited IPO Review
NO REVIEWMrs. Bectors Food Specialities Limited IPO Rating
Mrs. Bectors Food Specialities Limited IPO Highlights
IPO Date
Dec 15, 2020 - Dec 17, 2020
Listing Date
24 Dec, 2020
Face Value
₹10 Per Equity Share
Price Band
₹286 - 288 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Mrs. Bectors Food Specialities Limited IPO Lot Size
The minimum market lot for Mrs. Bectors Food Specialities Limited IPO is 50 shares with an application amount of ₹14,400. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,400 |
| Retail (Max) | 13 | 650 | ₹1,87,200 |
| S-HNI (Min) | 14 | 700 | ₹2,01,600 |
| S-HNI (Max) | 69 | 3450 | ₹9,93,600 |
| B-HNI (Min) | 70 | 3500 | ₹10,08,000 |
Mrs. Bectors Food Specialities Limited IPO Timeline
Issue Price
₹286 - 288 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
ICICI Securities Limited, IIFL Holdings Limited, SBI Capital Markets LimitedIssue Size
Total Equity Shares 1,87,68,750 of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹540.54/- Cr# Fresh Issue of 14,07,638 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹40.54/- Cr# Offer for Sale of 1,73,61,111 EquityMrs. Bectors Food Specialities Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 20 | 608.72 | 438.55 | 38.88 | - | - | - |
| 31 Mar 20 | 565.71 | 764.97 | 30.40 | - | - | - |
| 31 Mar 19 | 577.04 | 786.02 | 33.15 | - | - | - |
| 31 Mar 18 | 511.05 | 695.75 | 35.89 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- Mr. Anoop Bector
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 52.45% | 51% |
About Company
Incorporated in 1995, Mrs. Bectors Food Specialities Ltd is one of the leading companies in the premium bakery segment and premium and mid-premium biscuit segment in North India. The company's product portfolio mainly consists of two categories of products; Biscuits (cookies, creams, crackers, digestive, etc.) and Bakery products (bread, buns, pizza bases, cakes, etc.).
Mrs. Bectors manufactures and sells biscuits under its brand name "Mrs. Bector's Cremica" whereas bakery products are manufactured under the brand name of "English Oven" and offered in the premium market segments such as Delhi NCR, Mumbai, and Bengaluru. As of June 30, 2020, its bakery segment has a total of 96 products and the Biscuits segment has a total of 384 items.
All of its products are manufactured in-house across 6 strategically located manufacturing units in 5 different cities i.e. Maharashtra, Karnataka, UP, Himachal Pradesh, and Punjab. The company has a very strong distribution network of 154 super-stockists and 644 distributors supplying products through 458,000 retail outlets and 3,594 preferred outlets. It sells its products to 23 states in India and also exports its products under its own brand name and third-party private labels to 64 countries all over the world.
Frequently Asked Questions about Mrs. Bectors Food Specialities Limited IPO IPO
When will Mrs. Bectors Food Specialities Limited IPO open for subscription?
The Mrs. Bectors Food Specialities Limited IPO opens on 15 Dec, 2020 and closes on 17 Dec, 2020.
What is the investors portion for Mrs. Bectors Food Specialities Limited IPO?
The investors' portion for QIB is N/A%, NII is N/A%, and Retail is N/A%.
How to apply for Mrs. Bectors Food Specialities Limited IPO?
You can apply for Mrs. Bectors Food Specialities Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Mrs. Bectors Food Specialities Limited IPO?
The issue size of Mrs. Bectors Food Specialities Limited IPO is approx ₹Total Equity Shares 1,87,68,750 of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹540.54/- Cr# Fresh Issue of 14,07,638 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹40.54/- Cr# Offer for Sale of 1,73,61,111 Equity crores.
What is the price band of Mrs. Bectors Food Specialities Limited IPO?
The price band for Mrs. Bectors Food Specialities Limited IPO is ₹286 to ₹ 288 per equity share.
What is the lot size of Mrs. Bectors Food Specialities Limited IPO?
The minimum bid (lot size) for Mrs. Bectors Food Specialities Limited IPO is N/A shares with an investment of approx ₹14,400 .
What is the allotment date of Mrs. Bectors Food Specialities Limited IPO?
The allotment date for Mrs. Bectors Food Specialities Limited IPO is 23 Dec, 2020.
What is the listing date of Mrs. Bectors Food Specialities Limited IPO?
The listing date for Mrs. Bectors Food Specialities Limited IPO is expected to be 24 Dec, 2020.
What is the GMP of Mrs. Bectors Food Specialities Limited IPO?
The latest Grey Market Premium (GMP) for Mrs. Bectors Food Specialities Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.