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Mrs. Bectors Food Specialities Limited IPO Review

IPO Status: Listed [15th Dec 2020 to 17th Dec 2020]

Rated 3.5/5 by Team InvestorGain
Mrs. Bectors Food IPO Detail

Mrs. Bectors Food IPO Details

IPO Issue Opening Date: 15th Dec 2020
IPO Issue Closing Date: 17th Dec 2020
IPO Issue Price: ₹286-288 Per Share
DRHP: Download DRHP
RHP: Download RHP
Anchor List: Download Anchor List
IPO Listing At: BSE, NSE
Retail Quota: 50.07
IPO Issue Type: Book Build Issue
IPO Issue Size: ₹ 540.54 Cr
Offer for Sale: ₹ 500 Cr
Fresh Issue: ₹ 40.54 Cr
Face Value: ₹10 Per Equity Share
IPO Discount: NA
Promoter Holding Pre IPO: 52.45%
Promoter Holding Post IPO: 51%
Allotment Status: Allotment Status
BSE Code: 543253
NSE Code: BECTORFOOD

Mrs. Bectors Food IPO Important Dates

Get important updates regarding Mrs. Bectors Food IPO tentative timeline covering IPO opening, closing, allotment, and listing dates. Dates are updated as they are announced.

Mrs. Bectors Food IPO dates
IPO Activity Date
Basis of Allotment Date* 22nd Dec 2020
Refunds Initiation* 23rd Dec 2020
Credit of Shares to Demat* 24th Dec 2020
IPO Listing Date* 28th Dec 2020

* - Tentative Dates

Mrs. Bectors Food IPO Lots

IPO Activity Date
Issue Price ₹286-288
Market Lot: 50 Shares
1 Lot Amount: ₹14400
Min Small HNI Lots(2-10 Lakh): 700 shares(14 lots)
Min Big HNI Lots(10+ Lakh):

Mrs. Bectors Food IPO GMP**

GMP DateIPO PriceGMPSub2 Sauda RateExpected Listing GainLast Updated
23-12-2020288215--₹503 (74.65%)23-Dec-2020 19:38
IPO Live GMP
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**The GMP prices shown here are only news related to the grey market. We do not trade/deal in grey market or subject to rates (sub2), nor do we recommend trading in grey market.

About Company - Mrs. Bectors Food

About Mrs. Bectors Food Specialities Limited IPO

Mrs. Bectors Food Specialities IPO of Rs. 540.54 Cr is opening from 15th December to 17th December 2020.. It is a book-built IPO issued with a price band of Rs. 286 - Rs. 288 at a IPO lot size of 50 shares and its multiple. The face value per share is Rs. 10 and the IPO floor price (minimum price) is 28.6 times and cap price (maximum price) is 28.8 times of the face value. Here, on this page, we are providing you a complete Mrs. Bectors Food IPO Review including business overview, financials, IPO issue size, IPO open and close dates, allotment, subscription, and more.

About the Company – Mrs. Bectors Food Specialities Limited

Mrs. Bectors Food is one of India’s leading companies in the non-glucose biscuits and premium brand segments in North India. The company manufactures and sells a variety of products i.e. bread, biscuits, buns, and others under the brand names of ‘Mrs. Bector’s Cremica’ and ‘English Oven’. Over the years of existence, the business has significantly expanded its product portfolio and currently its bakery segment has 96 items and under the biscuits segment it manufactures 384 items. 

The company not just distributes its products domestically but also export in the overseas market. It has a strong distribution network of 644 distributors and 154 super-stockists across 23 states in India and also exports its products in 64 countries all around the globe. Its distribution channel includes independent stores, retail outlets, and modern retailers or large supermarkets.

Mrs. Bectors has 6 in-house strategically located manufacturing facilities in Greater Noida (UP), Philapur and Rajpura (Punjab), Tahilwal (Himachal Pradesh), Khapoli (Maharashtra), and Bengaluru (Karnataka). It is certified by the Food Safety and Standards Authority of India (FSSAI), British Retail Consortium (BRC), and the US Food and Drugs Administration (USFDA).

Mrs. Bectors Food IPO Strengths

  • Diversified product portfolio in medium and premium brand segments.
  • Leading exporter of non-glucose biscuit and bread.
  • Largest buns supplier to well-reputed QSR chains.
  • Strong sales and distribution network.
  • Strategically located manufacturing facility.
Incorporation Sector IPO Issue Size Website
NULL NULL ₹ 540.54 Cr http://www.cremica.in/

Mrs. Bectors Food IPO Objective

The key objectives of Mrs. Bectors Food IPO are as follows:

  • To raise funds for Rajpura Manufacturing Facility project to establish new biscuits production line.
  • To meet general corporate purposes.

Mrs. Bectors Food IPO Issue break-up

Issue break-up
Category No. of Shares Upper end ₹ in Cr %
QIB 9,440,773 - 9,375,216 270.01 50%
NIB 2,832,233 - 2,812,565 81.01 15%
Retail 6,608,542 - 6,562,652 189.01 35%
Employee 18,450 - 18,315 0.50 -
Total 18,899,998 - 18,768,748 540.54 100%
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Mrs. Bectors Food IPO Live Subscription (NSE + BSE)

The table below is live update of IPO bidding details from NSE and BSE.

  • Qualified Institutional Buyers: 3,776,502 Shares
  • Non-Institutional Investors: 2,832,378 Shares
  • Retail Individual Investor: 6,608,881 Shares
  • Employees Quota: 18,450 Shares
IPO Bidding Live Updates from BSE + NSE
Day QIBNIIRIIEMPTotal
 # of Shares Offered3,776,502 (28.53%)2,832,378 (21.4%)6,608,881 (49.93%)18,45013,236,211
115th Dec 2020 17:020.02x1.37x6.83x9.46x3.72x
216th Dec 2020 17:024.67x8.67x16.36x30.45x11.40x
317th Dec 2020 17:02176.85x620.86x29.33x45.46x198.02x
Mrs. Bectors Food financial
Mrs. Bectors Food IPO Financials 30-Jun-2020 31-Mar-2020 31-Mar-2019 31-Mar-2018/th>
Total Assets ₹594.71 Cr ₹565.72 Cr ₹577.04 Cr ₹511.06 Cr
Total Income ₹203.76 Cr ₹764.98 Cr ₹786.03 Cr ₹695.76 Cr
Net Profit/Loss ₹15.87 Cr ₹30.40 Cr ₹33.15 Cr ₹35.89 Cr

Company Address

Mrs. Bectors Food Specialities Limited
Theing Road, Phillaur
Jalandhar,Punjab-144410
India
Website: http://www.cremica.in/
Phone: +91 1826) 225 418
Email: [email protected]

Mrs. Bectors Food IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Phone: +91-22-4918 6270
Email: [email protected]
Mrs. Bectors Food IPO Important dates - Issue Open Date, close Date, IPO Listing Date. IPO Details - Offer Size, Issue Size, Type of IPO, Issue Price, Market Lot, BSE Cd, NSE Cd, IPO Listing date. What is the issue open date and close date for Mrs. Bectors Food? Should I apply in Mrs. Bectors Food IPO?

Last Updated on 31-Jan-2021 23:46:20


User Reviews

7. Vinay Jain Dec 16 2020 07:01:51 AM Reply
Looks like again heavy oversubscribe in all category.
6. Kunal Dec 09 2020 06:18:20 AM Reply
Mrs. Bectors Food Specialities IPO - Schedule *(Tentative)*

11th Dec - Announcement of Price Band
15th Dec - Anchor Investors Allotment
16th Dec - Offer Opens
18th Dec - Offer Closes
23rd Dec - Finalisation of Basis of Allotment
24th Dec - Unblocking of ASBA Accounts
28th Dec - Credit of Equity Shares to Depository Accounts
29th Dec - Commencement of Trading
6.1. Rajan Dec 09 2020 06:21:47 AM
Mrs.Bectors IPO* (Tentative)

Open 16/12
Close 18/12

Price 295-300
Lot 50 share
Amount 15000

Size 550 crs
Retail 35%
6.2. Kunal Dec 09 2020 10:09:50 PM
Mrs. Bectors Food Specialities IPO - Schedule *(Tentative)*

10th Dec - Announcement of Price Band
14th Dec - Anchor Investors Allotment
15th Dec - Offer Opens
17th Dec - Offer Closes
22nd Dec - Finalisation of Basis of Allotment
23rd Dec - Unblocking of ASBA Accounts
24th Dec - Credit of Equity Shares to Depository Accounts
28th Dec - Commencement of Trading


Mrs. Bectors Food Specialities IPO - Issue Information *(Tentative)*

Issue Opens on: 15 December 2020
Issue Closes on: 17 December 2020
Issue Type: Book Built Issue IPO
Issue Size: 1,87,02,363 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.285 - Rs.289 Share *(Tentative)*
Discount: NIL
Market Lot: 50 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 5,72,67,922 Shares
Fresh Issue of Shares 14,01,384 @289/- = Rs.40.50Crs
Offer for Sale of 1,73,01,038 Shares @289/- = Rs.500Crs
Equity Shares outstanding after the Issue = 5,86,69,306 Shares
5. Ankit Singh Dec 06 2020 01:29:51 AM Reply
Mrs. Bectors Food IPO good or bad.
5.1. Kunal Dec 09 2020 06:20:10 AM
The company''s business is very good in north India and valuation also very good. GMP is also very positive, kind of must apply.
4. Babubhai Dec 06 2020 01:29:51 AM Reply
Mrs. Bectors Food IPO whether to invest or not.
4.1. CA Sachin Dec 09 2020 06:17:16 AM
Mrs. Bectors Food Specialities IPO - Details *(Tentative)*

Issue Opens on: 16 December 2020
Issue Closes on: 18 December 2020
Issue Type: Book Built Issue IPO
Issue Size: 1,83,33,332 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.295 - Rs.300 Share *(Tentative)*
Discount: NIL
Market Lot: 50 Shares
Listing At: NSE, BSE

3. Henry Dec 06 2020 01:29:51 AM Reply
Mrs. Bectors Food IPO - CRISIL Rating, Apply or not?.
2. Maheshkumar Mangaldas Patel Dec 06 2020 01:29:51 AM Reply
Please confirm Mrs. Bectors Food IPO GMP (grey market premium) and kostak.
1. S Sathya Kishore Dec 06 2020 01:29:51 AM Reply
Mrs. Bectors Food IPO expected listing gain.