Mrs. Bectors Food IPO GMP Today, Latest Cremica IPO Grey Market Premium Updates

Mrs. Bectors Foods IPO GMP Today, Bectors Foods IPO Grey Market Premium Updates | Bectors IPO Listing Gain, Latest target, Opening gain

Mrs. Bectors Food, Premium biscuit-maker and leading supplier of buns to fast-food chains like Burger King and McDonald’s, Mrs Bectors Food Specialities, is preparing up to launch its initial public offering (IPO) next week.

Mrs. Bectors Food company manufactures and markets a range of biscuits under its flagship brand ‘Mrs Bectors Cremica’ and its bakery products under the brand ‘English Oven’. ITC & Britannia are the firm’s key listed peers in the biscuits and bakery products segment while other branded rivals include Parle, Modern and Harvest Gold.

Check out the latest Bectors Food IPO GMP (Grey Market Premium), Kostak rates and Subject to Sauda rates here.

Mrs. Bectors Food IPO Details:

Issuer Mrs. Bectors Food
Issue Type Book Built Issue IPO
Issue Period Issue Opens: December 15, 2020
Issue Closes: December 17, 2020
Price Brand ₹286 to ₹288 Per Share
Issue Size ₹540 Crores
Face Value Rs.10 per Equity Share
Market Lot 50 Shares
Maximum Bid amount for Retail Rs. 2 Lakhs
QIB 50% of the issue size
NIB 15% of the issue size
Retail Individual Bidders 35% of the issue size
Offer for Sale ₹500.00 Cr
Fresh Issue ₹40.00 Cr
Listing at NSE & BSE
Apply With Upstox Free DEMAT Account
Equity 1,87,68,750 Shares
Grey Market Price Latest IPO GMP

Mrs Bectors IPO GMP

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Mrs Bectors IPO Allotment Status

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Bectors Food IPO GMP Rates day by day

Bectors Food Grey market premium as on today

Date GMP (in INR) Kostak (in INR) Subject to Sauda
24 DEC 2020 210 450 8000
23 DEC 2020 190 450 8000
22 DEC 2020 147 450 8000
21 DEC 2020 195 450 8000
20 DEC 2020 200 450 8000
19 DEC 2020 200 450 7500
18 DEC 2020 230 500 9000
17 DEC 2020 220 500 9000
16 DEC 2020 200 450 7500
15 DEC 2020 230 450 8000
14 DEC 2020 200 450 7500
13 DEC 2020 185 375 6000
12 DEC 2020 185 375 6000
11 DEC 2020 160 350 6000
10 DEC 2020 160 350 6000
09 DEC 2020 160 350 6000
08 DEC 2020 50 250 2000
07 DEC 2020 50 250 2000

Bectors Food IPO Market Lot:

 Lot Size:  Minimum 50 Shares & Maximum 650 Shares
 Minimum Amount:  ₹15000
 Maximum Amount:  ₹195000

Bectors Food IPO Allotment & Listing:

 Basis of Allotment: December 22, 2020
 Refunds: December 23, 2020
 Credit to Demat Account: December 24, 2020
 Listing Date: December 24, 2020

Disclaimer:

– IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
– We are not buying and selling IPO forms on IPO Grey Market.
– Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
– Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

IPO GMP rates are provided as sourced from market intelligence. Please note these IPO GMP rates may be different depending on geographies and markets.

We don’t trade into grey market nor do we facilitate buying or selling of IPO forms.

UPCOMING IPO IN JANUARY 2021

What is Grey Market?

Grey Market is the term used to describe unregulated over-the-counter market for trading IPO applications and IPO shares before the stock is listed at a stock market. This is a way for dealers to support their customers who may want to exit before listing.

This is also a way to boost the listing price and support the issue before listing happens. There are two kinds of transactions that happen in thee IPO grey market:

  • Trade of IPO shares at a grey market premium
  • Trade of IPO application at a kostak.

What is Grey Market Premium?

GMP or Grey Market Premium is the premium at which equity shares from the IPO are being traded in the grey market.

This could either be a positive or negative – meaning the trading price in the grey market is either higher or lower than issue price respectively, based on demand and supply for the shares.

Typically, investors who do not want to take the risk of allocation not happening through IPO will buy shares in the gray market and hope to flip the shares on listing to make a good profit.

What is Kostak?

Kostak is the premium at which IPO application is being traded in the grey market. Applications are typically traded after the application window is closed but the allotment has not yet been finished.

It is rare for someone to trade IPO application post-allocation. This is a way for investors to increase their chance of shares being allotted as the allocation process treats each retail application equally. An example (indicative) for kostak is:

– IGL Limited
– Issue Price: Rs 480 Per Equity Share (at upper band)
– Lot Size: 14
– Grey Market Premium: Rs 350 to Rs 360/-
– Kostak (Rs 100000): Rs 2500 to Rs 2600/-

As can be seen the Kostak is at a much lower %age than GMP. This indicates that the grey market expects the issue to be oversubscribed and expects on an average only one lot to be allocated per application.

Kostak rate is the amount an investor gets by selling his/her IPO application in grey market. This is the amount an investor stands to gain, irrespective of allotment status.

Subject to Sauda simply reflects the amount which an investor stands to get by selling his/her application for firm allotment. The key operative word here is firm allotment. In case of no allotment to the applicant, the sauda stands cancelled.

In case of ‘Subject to Sauda’ deal, while selling IPO application in the grey market, buyer and seller agree that deal is only valid if the seller will get the allotment. If the seller doesn’t get any shares in IPO process, the deal gets avoid.

Mrs. Bectors Food IPO GMP FAQs

What is the Grey Market Premium (GMP) price of Bectors Foods IPO?

The Grey Market Premium of Bectors Foods IPO is approx. in between Rs.1000 – 1200/- at the moment.

What is the Subject to Sauda price for Bectors Foods IPO?

The Subject to Sauda price for Bectors Foods IPO is approx. Rs. 500/-

How much will be listing gain in Bectors Foods IPO?

Bectors Foods IPO listing gain will be approx. Rs.1500/- (update on a daily basis)

What is kostak price of Bectors Foods IPO?

The Kostak price of Bectors Foods IPO is approx. Rs 300/-.

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