
Food & Beverage / Food Processing · NSE / BSE
Established in 1995, Mrs. Bectors Food Specialities Ltd is a key player in North India's premium bakery and biscuit market. It offers a wide range of biscuits (cookies, creams, crackers, digestives, etc.) under the "Mrs. Bector's Cremica" brand and bakery products (bread, buns, pizza bases, cakes, etc.) under the "English Oven" brand, catering to premium markets in Delhi NCR, Mumbai, and Bengaluru. As of June 30, 2020, the company has a diverse portfolio with 96 bakery products and 384 biscuit varieties. Its products are manufactured in-house across six facilities located in Maharashtra, Karnataka, Uttar Pradesh, Himachal Pradesh, and Punjab. With a strong distribution network, Mrs. Bectors works with 154 super-stockists and 644 distributors, supplying to 458,000 retail stores and 3,594 preferred outlets across 23 states in India. The company also exports to 64 countries under its own brand and through private labels.
Price Band
₹286 – ₹288
Issue Size
₹541 Cr
Lot Size
50 shares
GMP
+74.7%
Est. Listing
₹503
at current GMP
Subscribed
—
Open
15 Dec 2020
Close
17 Dec 2020
Allotment
23 Dec 2020
Refund
24 Dec 2020
Demat Credit
25 Dec 2020
Listing
24 Dec 2020
Designated Registrar: Link Intime India Private Limited
Allotment Date
23 Dec 2020
Basis finalization
Refunds Initiate
24 Dec 2020
Mandate release
Demat Credit
25 Dec 2020
Shares in demat
Listing Debut
24 Dec 2020
Trading begins
Mrs. Bectors Food Specialities Limited is bringing an initial public offering (IPO) in the Food & Beverage / Food Processing sector with an aggregate issue size of ₹540.54 Crores. The shares are offered at a price band of ₹286 to ₹288 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 50 shares (approx. ₹14,400 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-12-25, while un-allotted funds or UPI block mandates will be released on 2020-12-24.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.