Mrs. Bectors Food IPO Date, Review, Price Bands, Market Lot, Bectors Food IPO Important Dates, Market Lot, Listing Date & Time Details
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.
“The financial performance of Mrs Bectors Food Specialities has been impressive in the last few months despite the initial impact due to the pandemic and the subsequent lockdown.
“The IPO is being driven by the private equity investors CX Partners and Gateway Partners who are seeking a partial exit. The OFS ( offer for sale) component is for Rs 500 crores and due to better valuations , the fresh issue of shares component has now been reduced slightly to around Rs 40 crores
About Mrs. Bectors Food Specialities Ltd
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.
According to the documents filed with SEBI, Mrs Bectors Food Specialities is the largest supplier of buns in India to leading QSR (quick service restaurant) chains such as Burger King , McDonalds, KFC and Pizza Hut. It has also ventured into the frozen dough segment where it competes with rival vendor Baker’s Circle, which has the largest market share.
As of March 31, 2020. The firm’s revenues stood at Rs 762 crore with the profit after tax at around Rs 30 crore. A report dated 24th May, 2019 by ratings agency ICRA indicated the liquidity position of Mrs Bectors.
Mrs. Bectors Food one of the leading companies in the non-glucose biscuits and premium breads segment in North India, according to Technopak Report, with products sold under our well-recognized brands, ‘Mrs. Bector’s Cremica’ and ‘English Oven’ and setting the standards through consistent quality, globally certified production facilities and unmatched expertise with love.
Cremica is known for its innovative offerings, packaging and its commitment to quality. Keeping up with changing consumer preferences, the company keeps introducing innovative products which are in line with consumer taste palate.
Mrs. Bectors Food IPO Details:
Issuer | Mrs. Bectors Food Specialities Ltd. | |
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 | Bectors Food IPO GMP |
Mrs Bectors IPO GMP
Mrs Bectors IPO Listing
Mrs Bectors IPO Allotment Status
Bectors Food IPO Subscription
Bectors Food IPO Review
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Bectors Food IPO Dates & Price Band
IPO Open: | December 15, 2020 |
IPO Close: | December 17, 2020 |
IPO Size: | Approx. ₹540 Crores |
Face Value: | ₹10 Per Equity Share |
Price Band: | ₹250 to ₹300 Per Share |
Listing on: | BSE & NSE |
Retail Portion: | 35% |
Total IPO size | 18 CR Equity Shares |
Bectors Food IPO Market Lot:
Lot Size: | Minimum – 50 Shares & Maximum – 650 Shares |
Minimum Amount: | ₹14400/- |
Maximum Amount: | ₹195000/- |
Bectors Food IPO Allotment & Listing Dates:
Basis of Allotment: | December 22, 2020 |
Refunds: | December 23, 2020 |
Credit to Demat Account: | December 24, 2020 |
Listing Date: | December 24, 2020 |
Company Promoters:
- Mr. Anoop Bector is the promoter of the company.
Mrs. Bectors Food Financial
Mrs Bectors Food financial performance (in INR crore) | ||||
FY2018 | FY2019 | FY2020 | Q1 FY2021 | |
Revenue | 695.8 | 786.0 | 765.0 | 203.8 |
Expenses | 642.9 | 735.4 | 725.8 | 182.5 |
Net income | 36.1 | 33.2 | 29.8 | 15.5 |
Net margin (%) | 5.2 | 4.2 | 3.9 | 7.6 |
Objects of the Issue:
The funds raised through the Mrs. Bectors Food IPO are proposed to be utilized towards below objects:
- To finance the cost of Rajpura Expansion Project.
- To meet general corporate purposes.
Competitive strengths
- A leader in biscuits and bakery segments in North India.
- Well-diversified product portfolio.
- Major food certifications i.e. BRC, USFDA, and FSSC.
- Leading biscuits exporter to 64 countries.
- Modern production process.
- Strong sales and distribution network.
How to Apply for Bectors Food IPO?
If you have a Demat account, most banks offer the online IPO application. You can also contact the broker to apply for in Mrs. Bectors Food IPO? Most banks including the SBI bank, ICICI Bank, Axis, and Kotak bank allow the customer to apply in IPO using the Demat account.
- How to Apply Bectors Food IPO Through ASBA?
- How to Apply Bectors Food IPO through Zerodha?
- How to Apply Bectors Food IPO through SBI Net Banking?
- How to Apply Bectors Food IPO through HDFC Netbanking?
- ➡️How To Apply Bectors Food IPO in Axis Bank Net banking?
- ➡️How To Apply Bectors Food IPO in Kotak Bank Net banking?
- ➡️How To Apply Bectors Food IPO With Angel Broking?
How to Check Bectors Food IPO Allotment?
Check Bectors Food IPO Allotment Here: OR Log on to https://linkintime.co.in/MIPO/Ipoallotment.html
Note: Mrs. Bectors Food IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.
# Option 1: BSE Website:
- Go to BSE Website
- Check box “Equity”
- Select IPO Name “Mrs. Bectors Food”
- Type Your Application Number
- Type Your Pan Number
# Option 2: Linkintime Website:
- Go to Linkintime Website
- Select IPO Name “Mrs. Bectors Food”
- Select Option from PAN Number, Application Number or Demat Account Number
- As per selection add PAN Number, Application Number or Demat Account Number
# Option 3: in Your Demat Account:
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
# Option 4: in Your Bank Account:
- Login to your Bank Account
- Check the Amount is debited or released
Bectors Food IPO Listing Gain
How to Sell Bectors Food IPO Shares on Listing Day?
Bectors Food IPO Listing Day Kya kre?
Mrs. Bectors Food IPO Lead Managers
Lead Managers |
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Mrs. Bectors Food IPO Registrar to Offer
Mrs. Bectors Food IPO Registrar |
Link Intime India Private Limited C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg Vikhroli (West) Mumbai – 400 083 Phone: +91 22 4918 6200 Fax: +91 22 4918 6195 Email: bector.ipo@linkintime.co.in Website: https://www.linkintime.co.in/ |
Company Contact Info:
CORPORATE OFFICE
Mrs. Bectors Food Specialities Ltd.
11-A, Udyog Vihar, Greater Noida,
Dist. Gautam Budh Nagar (U.P.)- 201308
Customer Care No. 1800-102-9163
enquiry@cremica.in
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Mrs. Bectors Food IPO FAQs
The Mrs. Bectors Food IPO will open on December 15, 2020.
The investors’ portion for QIB-50%, NII-35%, and Retail 35%.
The IPO Size is 540 Crore with Sale of 18 Cr Equity Shares.
Mrs. Bectors Food IPO lot size is 50 Shares.
Mrs. Bectors Food IPO price band is ₹286 to ₹288 Per Share (Tentative) Equity share and the minimum order quantity is 50 Shares.
Bectors Food IPO allotment date in Dec 22, 2020. You can check IPO allotment status here.
Bectors Food IPO listing date is Dec 24, 2020. The IPO to list on BSE and NSE.
You can apply Bectors Food IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers.
Steps to apply in Mrs. Bectors Food IPO through Zerodha
Visit the Zerodha website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Mrs. Bectors Food IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
‘Submit’ IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process for more detail.
The Grey Market Premium (GMP) price of Bectors Food IPO is approx. in between Rs.8000 – 9000/- at the moment.
The Subject to Sauda price for Bectors Food IPO is approx. Rs. 500/-.