IPO Mrs. Bectors is a leading name in premium bakery and mid-premium biscuit segment with a national market for its products. It sells its biscuit products under the brand name of Mrs. Bector’s Cremica and bakery items as English Oven. Till June 30, the company’s well-diverse product range contained 96 items in the bakery and 384 items in the biscuit/cookies segment. It produces all its products internally in six strategically located manufacturing units.
Incorporated in 1995, the company sells its product in 23 states through a robust supply-chain of stockists, suppliers, and retailers. Mrs. Bectors revealed in RHP that it intends to use the IPO fund to finance the cost of expansion and meet general corporate expenses.
| IPO Opening hate | Dec 15, 2020 |
|---|---|
| IPO Closing Date | Dec 17, 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 Orher Quantity | 50 Shares |
| Listing At | BSE, 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) |
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