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.
|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:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.