Mrs. Bector Food IPO Date, Review, Price Band, GMP & Market Lot Detail

Mrs. Bectors Food Specialties IPO to hit the market in December as per the speculations. The company to raise around 550 crore via IPO. Mrs Bectors Foods are the supplier of Burger King & McDonald. The company is a leading non-glucose biscuits and premium breads manufacturer in North India. They are selling products under brands 'Mrs. Bector's Cremica' and 'English Oven'. Mrs. Bectors Food Specialties has retail consumers in 11 states in India. They are leading exporter of biscuits as well. They export with their brands as well as third party brands as well in over 60 countries. Stay tuned for Mrs. Bectors Food Specialties IPO date, price band and market lot details.

Mrs. Bectors Food IPO Offer Details

  • Equity Shares outstanding prior to the Issue = 5,72,67,922 Shares
  • Fresh Issue of Shares 16,66,666 @300/- = Rs.50 Crores
  • Offer for Sale of 1,66,66,666 Shares @300/- = Rs.500 Crores
  • Equity Shares outstanding after the Issue = 5,89,34,588 Shares
    mrs-bectors-ipo

    Mrs. Bectors Food IPO Category-wise Break up:

    • Anchor: 55,00,000 Shares = 165.00 Crores
    • QIB: 36,66,666 Shares = 110.00 Crores
    • NII: 27,50,000 Shares = 82.50 Crores
    • RII: 64,16,666 Shares = 192.50 Crores (Lot size: 50 = 1,28,333 Forms)
    • Empl. Quota: ???Shares = ???.?? Crores
    • Total Issue: 1,83,33,332 Shares = 550.00 Crores.

    Mrs. Bectors Food IPO Date & Price Band: (Tentative)


    IPO Opening Date 15 December 2020
    IPO Closing Date 17 December 2020
    Issue Type Book Built Issue IPO
    Face Value ₹10 per equity share
    IPO Price ₹286 to ₹ 288 per equity share
    Market Lot 50 Shares
    Min Order Quantity 50 Shares
    Listing At BSE, NSE
    Issue Size [.] Eq Shares of ₹10
    (aggregating up to ₹550.00 Cr)
    Fresh Issue [.] Eq Shares of ₹10
    (aggregating up to ₹50.00 Cr)
    Offer for Sale [.] Eq Shares of ₹10
    (aggregating up to ₹500.00 Cr

    Mrs. Bectors Food IPO Tentative Timetable

    The Mrs. Bectors Food IPO open date is , and the close date is . The issue may list on Dec 29, 2020.


    IPO Open Date Dec 15, 2020
    IPO Close Date Dec 17, 2020
    Basis of Allotment Date Dec 22, 2020
    Initiation of Refunds Dec 23, 2020
    Credit of Shares to Demat Account Dec 24, 2020
    IPO Listing Date Dec 28, 2020

    Mrs. Bectors Food IPO Market Lot:


    Minimum Lot Size: Minimum 50 Shares
    Minimum Amount: ₹15,000
    Maximum Lot Size: Maximum 650 Shares
    Maximum Amount: ₹195000

    Mrs. Bectors Food Company Financial:


    Particulars For the year/period ended (₹ in million)
    30-Jun-20 31-Mar-20 31-Mar-19 31-Mar-18
    Total Assets 5,947.06 5,657.15 5,770.44 5,110.59
    Total Revenue 2,037.55 7,649.76 7,860.29 6,957.55
    Profit After Tax 158.72 304.03 331.50 358.93

    Read Also

    About Mrs. Bectors Food Company

    Incorporated in 1995, Mrs. Bectors Food Specialties Ltd is one of the leading companies in the premium bakery segment and premium and mid-premium biscuit segment in North India. The company's product portfolio mainly consists of two categories of products; Biscuits (cookies, creams, crackers, digestive, etc.) and Bakery products (bread, buns, pizza bases, cakes, etc.).

    Mrs. Bectors manufactures and sells biscuits under its brand name "Mrs. Bector's Cremica" whereas bakery products are manufactured under the brand name of "English Oven" and offered in the premium market segments such as Delhi NCR, Mumbai, and Bengaluru. As of June 30, 2020, its bakery segment has a total of 96 products and the Biscuits segment has a total of 384 items.

    All of its products are manufactured in-house across 6 strategically located manufacturing units in 5 different cities i.e. Maharashtra, Karnataka, UP, Himachal Pradesh, and Punjab. The company has a very strong distribution network of 154 super-stockists and 644 distributors supplying products through 458,000 retail outlets and 3,594 preferred outlets. It sells its products to 23 states in India and also exports its products under its own brand name and third-party private labels to 64 countries all over the world.

    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.

    Mrs. Bectors Food IPO Prospectus

    Mrs. Bectors Food DRHP

    Mrs. Bector Food RHP


    Company Promoters:

    Mr. Anoop Bector

    Mrs. Bectors Food IPO Registrar:

    Link Intime India Private Ltd
    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Phone: +91-22-4918 6270
    Email: bector.ipo@linkintime.co.in
    Website: http://www.linkintime.co.in

     

    Mrs. Bectors Food IPO Lead Managers:

    • ICICI Securities
    • IDBI Capital
    • SBI Capital Markets

    Mrs. Bectors Company Address:

    Mrs. Bectors Food Specialities Limited
    Theing Road, Phillaur
    Jalandhar - 144 410
    Punjab
    Phone: +91 182-6225418
    Email: compliance@cremica.in
    Website: http://www.cremica.in

     

    Mrs. Bectors IPO FAQs 

    1. What is Mrs. Bectors Food IPO?

      Mrs. Bectors Food IPO is a main-board IPO of [.] equity shares of the face value of ₹10 aggregating up to ₹550.00 Crores. The issue is priced at [.] to [.] per equity share. The minimum order quantity is .

      The Mrs. Bectors Food IPO opens on 15 Dec 2020 and closes on 17 Dec 2020

      Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

    2. How to apply in Mrs. Bectors Food IPO through Zerodha?

      Zerodha customers can apply online in Mrs. Bectors Food IPO using UPI as a payment gateway. Zerodha customers can apply in Mrs. Bectors Food IPO by login into Zerodha Console (back office) and submitting an IPO application form.

      Steps to apply in Mrs. Bectors Food IPO through Zerodha

      1. Visit the Zerodha website and login to Console.
      2. Go to Portfolio and click the IPOs link.
      3. Go to the 'Mrs. Bectors Food IPO' row and click the 'Bid' button.
      4. Enter your UPI ID, Quantity, and Price.
      5. ‘Submit’ IPO application form.
      6. Visit the UPI App (net banking or BHIM) to approve the mandate.

      Visit Zerodha IPO Application Process Review for more detail.

    3. When Mrs. Bectors Food IPO will open?

      The Mrs. Bectors Food IPO opens on 15 Dec 2020 and Closes on 17 Dec 2020

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

      Mrs. Bectors Food IPO lot size is 50 Shares and the minimum order quantity is 50 Shares

    5. How to apply for Mrs. Bectors Food IPO?

      You can apply in Mrs. Bectors Food IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, EdelweissICICI Bank, HDFC Bank and SBI Bank.

    6. When Mrs. Bectors Food IPO allotment?

      The finalization of Basis of Allotment for Mrs. Bectors Food IPO will be done on Dec 23, 2020, and the allotted shares will be credited to your demat account by Dec 28, 2020. Check the Mrs. Bectors Food IPO allotment status.

    7. When is Mrs. Bectors Food IPO listing date?

      The Mrs. Bectors Food IPO listing date is not yet announced. The tentative date of Mrs. Bectors Food IPO listing is Dec 29, 2020.