Mrs. Bectors Food Specialities Limited IPO Review

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

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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 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%

Mrs. Bectors Food IPO Details

Mrs. Bectors Food IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.

Mrs. Bectors Food IPO Details
Mrs. Bectors Food Issue Details Values
IPO Category: Mainline
IPO Issue Type: Book Built Issue IPO
IPO Issue Size: ₹ 540.54 Cr
Offer for Sale: ₹ 500 Cr
Fresh Issue: ₹ 40.54 Cr
Face Value: ₹10 Per Equity Share
IPO Issue Price: ₹286-288
IPO Discount: NA
Market Lot 50 Shares:
Min Retail Qty: 50 shares (1 lot)
Max Retail Qty: 650 shares ( 13 lots)
Promoter Holding Pre IPO: 52.45%
Promoter Holding Post IPO: 51%
IPO Listing At: BSE, NSE
BSE Code: 543253
NSE Code: BECTORFOOD

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 Offered3,776,5022,832,3786,608,88118,45013,236,211
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 Financials for past 3 Years

Past performance and financial results of Mrs. Bectors Food.

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

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.

Mrs. Bectors Food IPO Threats/Weaknesses

  • Inability to maintain quality standard and customers taste preference.
  • High competition with Britannia, Parle, and ITC.
  • Concerns over products nutritional values may adversely affects market demand.
  • Price fluctuation and rising cost of raw material.

Mrs. Bectors Food IPO Important Dates

In this section we have covered all important dates related to Mrs. Bectors Food IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.

Mrs. Bectors Food IPO important dates
IPO Activity Date
IPO Issue Open Date 15th Dec 2020
IPO Issue Close Date 17th Dec 2020
Basis of Allotment Finalisation Date* 22nd Dec 2020
Refunds Initiation* 23rd Dec 2020
Credit of Shares to Demat Account* 24th Dec 2020
IPO Listing Date* 28th Dec 2020

* - Tentative Dates

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Mrs. Bectors Food IPO DRHP >>Document

Mrs. Bectors Food IPO RHP >>Document

Mrs. Bectors Food IPO Allotment Status >>Link

Company Address

Mrs. Bectors Food Specialities Limited
Theing Road, Phillaur
Jalandhar-144 410,
Punjab, India
Website: http://www.cremica.in/
Email: [email protected]
Phone: +91 1826) 225 418

Registrar

Link Intime India Private Limited
C-101, 1st floor, 247 Park Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai - 400 083
Maharashtra, India
E-mail: [email protected]

Lead Manager

  1. SBI Capital Markets Limited
  2. ICICI Securities Limited
  3. IIFL Securities Limited
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 2021-01-14T03:48:57+00:00

Mrs. Bectors Food IPO FAQs

  1. 1. How to subscribe Mrs. Bectors Food IPO with Zerodha?

    Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Mrs. Bectors Food IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Mrs. Bectors Food IPO with Zerodha.

    Alternate approch to apply in Mrs. Bectors Food IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.

    Mrs. Bectors Food IPO Review and Important Updates

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  2. 2. How to apply in Mrs. Bectors Food IPO online?

    Apply in Mrs. Bectors Food IPO online

    To subscribe or apply in Mrs. Bectors Food IPO, you can use the following methods:

    Mrs. Bectors Food IPO Applying ModeMethodDetails
    Online Application3-in-1 Trading Account

    If your broker is 3-in-1 service provider, you can apply in Mrs. Bectors Food IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.

    Online Application2-in-1 Trading Account

    Brokers like Zerodha, TradeSmart Online provides access to applying in Mrs. Bectors Food IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.

    Online ApplicationASBA

    This is one of the most popular mode of applying in Mrs. Bectors Food IPO. Most of the Syndicate Banks provide access to apply in Mrs. Bectors Food IPO via ASBA process. You must have your net banking access, DP ID information to apply in Mrs. Bectors Food IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.

    Offline ApplicationPhysical Form

    You can apply in Mrs. Bectors Food IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.

    Mrs. Bectors Food IPO Review and Important Updates

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  3. 3. How to download online application form for Mrs. Bectors Food IPO?

    Applying in Mrs. Bectors Food IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Mrs. Bectors Food IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.

    For more details on how to use UPI payment method to apply Mrs. Bectors Food IPO, please refer article >> Link

    Mrs. Bectors Food IPO Review and Important Updates

    Steps to download the online application form for Mrs. Bectors Food IPO

    • Step1:Click here.
    • Step2: Click on “Bid-cum Application Form Download
    • Step3: Above Step will open an online form.
    • Step4: Enter your Name, PAN, DP Type, DP Information, UPI No, Bank information (Do not enter), Address, email, phone, Transaction Type - "ASBA".
    • Step5: Fill bid details - min 50 and max 650 shares ( 13 lots).
    • Step6: Now fill the character given in Box, read and agree on terms and conditions and click on the download button.
    • Step7: This will fill your application online and give you a pdf file.
    • Step8: Take a print of this document and go to your bank for UPI transactions.
    • Or

    • You can download “Blank Application Form Download” and fill all the required filed and submit to the nearest bank for UPI transaction.

    Other relevant questions:

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  4. 4. What is the listing date of Mrs. Bectors Food IPO?

    Mrs. Bectors Food IPO is going to be list on 28-12-2020. NSE Code for Mrs. Bectors Food is BECTORFOOD. BSE Code for Mrs. Bectors Food is 543253.

    Other relevant questions:

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  5. 5. When Mrs. Bectors Food IPO will be allocated?

    Mrs. Bectors Food IPO Allotment Date is 22-12-2020.

    Other relevant questions:

    Mrs. Bectors Food IPO share allotment date?Mrs. Bectors Food IPO allotment date?

     

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User Comments

avatar
7. Vinay Jain  12/16/2020 7:01:51 AM Reply
Looks like again heavy oversubscribe in all category.
avatar
6. Kunal  12/9/2020 6:18:20 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
avatar
6.1. Rajan  12/9/2020 6:21:47 AM
Mrs.Bectors IPO* (Tentative)

Open 16/12
Close 18/12

Price 295-300
Lot 50 share
Amount 15000

Size 550 crs
Retail 35%
avatar
6.2. Kunal  12/9/2020 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
avatar
5. Ankit Singh  12/6/2020 1:29:51 AM Reply
Mrs. Bectors Food IPO good or bad.
avatar
5.1. Kunal  12/9/2020 6:20:10 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.
avatar
4. Babubhai  12/6/2020 1:29:51 AM Reply
Mrs. Bectors Food IPO whether to invest or not.
avatar
4.1. CA Sachin  12/9/2020 6:17:16 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

avatar
3. Henry  12/6/2020 1:29:51 AM Reply
Mrs. Bectors Food IPO - CRISIL Rating, Apply or not?.
avatar
2. Maheshkumar Mangaldas Patel  12/6/2020 1:29:51 AM Reply
Please confirm Mrs. Bectors Food IPO GMP (grey market premium) and kostak.
avatar
1. S Sathya Kishore  12/6/2020 1:29:51 AM Reply
Mrs. Bectors Food IPO expected listing gain.

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