Mrs. Bectors Food Specialities Limited IPO
MainboardConsumer Food
Listed On: Dec 24, 2020 at ₹ 500.0
₹ 14400 /50 Shares
Check Allotment15 Dec, 2020
Open Date17 Dec, 2020
Close Date23 Dec, 2020
Allotment Date24 Dec, 2020
Listing DatePrice Summary
Last Closing
240.00 (-16.67%)52 Week High
345.6052 Week Low
238.70Last Update
19-Dec-2025 3:30 PMIPO Live Subscription Details
IPO Issue Details
- Issue Price ₹286 - 288 per equity share
- Face Value ₹10 Per Equity Share
-
Issue Price
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 Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹500.00/- Cr - Listing at BSE, NSE
- List Price 500.0
- Listing Date 2020-12-24
- Lead Manager ICICI Securities Limited, IIFL Holdings Limited, SBI Capital Markets Limited
- Registrar Link Intime India Private Ltd
IPO Details
- Retail Portion 35%
IPO Details
The IPO of is priced at ₹286 - 288 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Dec 15, 2020 and ends on Dec 17, 2020. The allotment for IPO will be finalized on Dec 23, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 24, 2020. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.
The book-running lead manager for the IPO is/are ICICI Securities Limited, IIFL Holdings Limited, SBI Capital Markets Limited.
The IPO sets its price band at 286 - 288 for each share. A single application for Mrs. Bectors Food Specialities Limited IPO must contain at least 50 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Employee | Total |
|---|---|---|---|---|---|
| Shares Offered / Reserved | 37,76,502 | 28,32,378 | 66,08,881 | 18,450 | 1,32,36,211 |
|
Day 1
15-12-20 05:00 PM
|
0.01 x | 1.37 | 6.83 x | 9.46 x | 3.73 x |
|
Day 2
16-12-20 05:00 PM
|
4.67 x | 8.67 | 16.37 x | 30.45 x | 11.40 x |
|
Day 3
17-12-20 05:00 PM
|
176.85 x | 620.86 | 29.32 x | 45.46 x | 198.02 x |
Valuations
Company Financials
| 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
|---|---|---|---|---|
| Assets | 608.72 | 565.71 | 577.04 | 511.05 |
| Revenue | 438.55 | 764.97 | 786.02 | 695.75 |
| Profit After Tax | 38.88 | 30.40 | 33.15 | 35.89 |
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.
- Promoter(s)
Mr. Anoop Bector
Pre Issue Share Holding : 52.45%
Post Issue Share Holding : 51%
IPO - Issue Objectives
To finance the cost of Rajpura Expansion Project.
To meet general corporate purposes.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| Mrs. Bectors Food Specialities Limited | 4.61 | 56.85 | 9.52% | 764.97 Cr |
| Nestle India Limited | 77.86 | 85.63 | 90.93% | 1,26,15.78 Cr |
| Britannia Industries Limited | 36.18 | 52.27 | 69.22% | 11,878.95 Cr |
| Prataap Snacks Limited | 2.65 | 111.76 | 2.37% | 1,402.99 Cr |
| DFM Foods Limited | 11.98 | 97.65 | 12.26% | 514.72 Cr |
IPO - FAQs
Ans. Mrs. Bectors Food Specialities Limited IPO is a Mainboard IPO. The issue is priced at ₹286 - 288 per equity share. The minimum order quantity is 50 Shares. The IPO opens on Dec 15, 2020, and closes on Dec 17, 2020. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Ans. The Mrs. Bectors Food Specialities Limited IPO opens on Dec 15, 2020 and closes on Dec 17, 2020.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Mrs. Bectors Food Specialities Limited IPO 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 Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹500.00/- Cr.
Ans. The Mrs. Bectors Food Specialities Limited IPO price band is set between ₹286 - 288 per equity share.
Ans. To apply for Mrs. Bectors Food Specialities Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Mrs. Bectors Food Specialities Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Mrs. Bectors Food Specialities Limited IPO is Dec 23, 2020.
Ans. The Mrs. Bectors Food Specialities Limited IPO will be listed on Dec 24, 2020.
Ans. Follow the steps to check the Mrs. Bectors Food Specialities Limited IPO allotment status online.
