Mrs. Bectors Food Specialities Limited IPO (Mrs. Bectors Food IPO) Detail

Dec 15, 2020 - Dec 17, 2020

Incorporated in 1995, Mrs. Bectors Food Specialities 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. 

Company Promoters:

Mr. Anoop Bector is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (Rs in million)
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets 6,087.26 5,657.15 5,770.44 5,110.59
Total Revenue 4,385.55 7,649.76 7,860.29 6,957.55
Profit After Tax 388.83 304.03 331.50 358.93

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.

Mrs. Bectors Food IPO Details

IPO Opening DateDec 15, 2020
IPO Closing DateDec 17, 2020
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹286 to ₹288 per equity share
Market Lot50 Shares
Min Order Quantity50 Shares
Listing AtBSE, NSE
Issue Size[.] Eq Shares of ₹10
(aggregating up to ₹540.54 Cr)
Fresh Issue[.] Eq Shares of ₹10
(aggregating up to ₹40.54 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 Dec 15, 2020, and the close date is Dec 17, 2020. The issue may list on Dec 24, 2020.

IPO Open DateDec 15, 2020
IPO Close DateDec 17, 2020
Basis of Allotment DateDec 22, 2020
Initiation of RefundsDec 23, 2020
Credit of Shares to Demat AccountDec 23, 2020
IPO Listing DateDec 24, 2020

Mrs. Bectors Food IPO Lot Size

The Mrs. Bectors Food IPO market lot size is 50 shares. A retail-individual investor can apply for up to 13 lots (650 shares or ₹187,200).

ApplicationLotsSharesAmount (Cut-off)
Minimum150₹14,400
Maximum13650₹187,200

Mrs. Bectors Food IPO Promoter Holding

Pre Issue Share Holding52.45%
Post Issue Share Holding51%

Mrs. Bectors Food IPO Subscription Status (Bidding Detail)

The Mrs. Bectors Food IPO is subscribed 198.02x times on Dec 17, 2020 17:00. The public issue subscribed 29.33x in the retail category, 176.85x in the QIB category, and 620.86x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

176.85x

NII

620.86x

RII

29.33x

Employee

45.46x

Total

198.02x

Mrs. Bectors Food IPO Prospectus

Mrs. Bectors Food IPO Rating

2860
4.1
Rating:Rated 4.1 stars

Vote Here ...

Mrs. Bectors Food IPO Listing Date

Listing DateThursday, December 24, 2020
BSE Script Code543253
NSE SymbolBECTORFOOD
Listing InB
ISININE495P01012
IPO Price₹288 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹288.00
₹501.00
₹500.00
₹601.20
₹595.55
3,781,412
NSE
₹288.00
₹500.00
₹500.00
₹600.00
₹594.20
37,066,792

Company Contact Information

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 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 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 ₹540.54 Crores. The issue is priced at ₹286 to ₹288 per equity share. The minimum order quantity is 50 Shares.

    The IPO opens on Dec 15, 2020, and closes on Dec 17, 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 Dec 15, 2020 and closes on Dec 17, 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, Edelweiss, ICICI 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 22, 2020, and the allotted shares will be credited to your demat account by Dec 23, 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 on Thursday, December 24, 2020.

Mrs. Bectors Food IPO Message Board

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