Mrs. Bectors Food Specialities Limited. is one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India. The company manufactures and markets a range of Biscuit products under its flagship brand Mrs. Bector’s Cremica and Bakery products under the brand English Oven.
As of March 2020, the company supplies its products in 26 states within the country and 64 countries across 6 continents, making it one of the leading exporters of biscuits from India, with approximately 12% share of the Indian biscuit export market in the calendar year 2019. The company is also the largest supplier to QSR chains like Burger King India, Connaught Plaza Restaurants, Hardcastle Restaurants, and Yum! Restaurants and multiplexes such as PVR.
The public offer comprises of Fresh Issuance of shares worth Rs. 50 crores and Offer for Sell of around Rs. 500 crores. For more information, you can read the IPO Prospectus filed by the company.
Indicative Timetable
Event
Date
Issue Period
15th Dec 2020 - 17th Dec 2020
Price Range
286 - 288
Minimum Bid Quantity
50 and in multiples thereof
Finalisation of Allotment
22nd Dec 2020
Initiation of Refunds
23rd Dec 2020
Credit of Shares
23rd Dec 2020
Listing
24th Dec 2020
Mandate end date
4th Jan 2021
How do I apply for the Mrs. Bectors Food Specialities Ltd. IPO?
You can apply for the Mrs. Bectors IPO using any supported UPI app by following two steps:
I want to apply mrs bector ipo more than 2 lacs how to apply for it and I have not submitted poa in zerodha how to square off positions in the listing day.
I have bank accounts with rbl bank idfc bank and bank baroda they also provide asba through net banking through them can I apply and it will get credited to my zerodha account
Yes, you can apply through ASBA facility of any one off these banks using your Zerodha Demat account ID, and upon successful allotment the shares will be credited to your Demat account with Zerodha.
ASBA from your bank is the most easy , faster and accurate process to apply for IPO and Rights issue.
In one of the previous Right issue i used both ASBA as a shareholder and RWAP as a renouncee but found asba much better and faster.
I have applied 2 lots in Bector.And Bhim app mandate status is active and amount allocated is present in Bhim mandate approval.And also in IPO order book, status is success and amount has been allocated succesfully.
What next I have to do.?
Current GMP is around 210-220 (According to IPOWatch & Chittorgarh) - looks good and the subscription numbers will show the magic tomorrow. Keep the fingers crossed.
Dear Investor,
Please note that your Application No xxxxxxxxxxx for MRS.BECTOR FOOD SPECIALITIES LTD( BECTORFOOD ) has been submitted on iBBS (internet Based Book Building platform of BSE) .
than there is BID ID …DATE …QTY …AMOUNT . "this was e mail i got immediately after applying ".
I applied using ASBA and it did not have any option like bse/nse.