Mrs. Bectors Food IPO Listing on 24 December on NSE and BSE

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

List of Upcoming IPO in India (NEXT BIG IPOs)

UPCOMING IPO IN JANUARY 2021

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 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
  • ICICI Securities
  • IDBI Capital
  • SBI Capital Markets

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

What is IPO? आईपीओ क्या हैं? आईपीओ का फुल फॉर्म क्या है?

Final Words

Dear readers, I hope that the above information about “Mrs. Bectors Food IPO” has been of great use. If you find the above information useful please share it with others via Facebook and Twitter. You can check more investment researched videos on our YouTube Channel.

SUBSCRIBE YOUTUBE CHANNEL JOIN TELEGRAM CHANNEL for LATEST UPDATES

It is important to be financially literate to make a well-informed investment decision. Stay tuned for more updates. Like, share and subscribe. Drop your comment, queries or feedback in the given below comment box. We would love to hear from you. Thanks and have a nice day.

Mrs. Bectors Food IPO FAQs

When Bectors Food IPO will open?

The Mrs. Bectors Food IPO will open on December 15, 2020.

What is Bectors Food IPO Investors Portion?

The investors’ portion for QIB-50%, NII-35%, and Retail 35%.

What is the Bectors Food IPO Size?

The IPO Size is 540 Crore with Sale of 18 Cr Equity Shares.

What is the lot size of Mrs. Bectors Food IPO?

Mrs. Bectors Food IPO lot size is 50 Shares.

What is price band of Mrs. Bectors Food IPO?

Mrs. Bectors Food IPO price band is  ₹286 to ₹288 Per Share (Tentative) Equity share and the minimum order quantity is 50 Shares.

What is Bectors Food IPO Allotment Date?

Bectors Food IPO allotment date in Dec 22, 2020. You can check IPO allotment status here.

What is Bectors Food IPO Listing Date?

Bectors Food IPO listing date is Dec 24, 2020. The IPO to list on BSE and NSE.

How to Apply Bectors Food IPO?

You can apply Bectors Food IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers.

How to apply Bectors Food IPO through Zerodha?

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.

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

The Grey Market Premium (GMP) price of Bectors Food IPO is approx. in between Rs.8000 – 9000/- at the moment.

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

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