Mrs. Bectors Food Specialities Limited IPO

Mainboard

Consumer Food

Listed On: Dec 24, 2020 at ₹ 500.0

₹ 14400 /50 Shares

Check Allotment

Price Summary

Last Closing

1,778.95 (517.69%)

52 Week High

2,200.00

52 Week Low

964.30

Last Update

25-Nov-2024 3:30 PM

IPO Live Subscription Details

Date

17-12-20 05:00 PM

QIBs

176.85

NII

620.86

Retail

29.32x

Employee

45.46x

Total

198.02 times

IPO Details

15 Dec, 2020

Open Date

17 Dec, 2020

Close Date

23 Dec, 2020

Allotment Date

24 Dec, 2020

Listing Date

Issue Price

₹286 - 288 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

Link Intime India Private Ltd

List Price

500.0

Listing Date

2020-12-24

Market Lot

50 Shares (₹14,400/-)

Lead Manager

ICICI Securities Limited, IIFL Holdings Limited, SBI Capital Markets Limited

Issue Size

Total Equity Shares 1,87,68,750 of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹540.54/- Cr

# Fresh Issue of 14,07,638 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹40.54/- Cr

# Offer for Sale of 1,73,61,111 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹500.00/- Cr

Retail Portion

35%

Subscription

198.02 times

IPO Docs

DRHP RHP

IPO Subscription Details

As on	QIB	NII	Retail	Employee	Total
Shares Offered / Reserved	37,76,502	28,32,378	66,08,881	18,450	1,32,36,211
Day 1 - 15-12-20 05:00 PM	0.01 x	1.37	6.83 x	9.46 x	3.73 x
Day 2 - 16-12-20 05:00 PM	4.67 x	8.67	16.37 x	30.45 x	11.40 x
Day 3 - 17-12-20 05:00 PM	176.85 x	620.86	29.32 x	45.46 x	198.02 x

Valuations

Earnings Per Share (EPS)

₹5.07/-

P/E Ratio

56.85

RoNW

9.52%

Net Asset Value (NAV) - Post Issue

₹62.47

Company Financials All values are in ₹ Cr.

	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Assets	608.72	565.71	577.04	511.05
Revenue	438.55	764.97	786.02	695.75
Profit After Tax	38.88	30.40	33.15	35.89

About The Company

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.

	P/B Ratio	P/E Ratio	RoNW	Net Worth
Mrs. Bectors Food Specialities Limited	4.61	56.85	9.52%	764.97 Cr
Nestle India Limited	77.86	85.63	90.93%	1,26,15.78 Cr
Britannia Industries Limited	36.18	52.27	69.22%	11,878.95 Cr
Prataap Snacks Limited	2.65	111.76	2.37%	1,402.99 Cr
DFM Foods Limited	11.98	97.65	12.26%	514.72 Cr

IPO - Ratings

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Axis Capital	None
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Investmentz Ltd	Subscribe for Long Term
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SMC Global	Subscribe

- Promoter(s)

Pre Issue Share Holding: 52.45%

Post Issue Share Holding: 51%

Company Promoter(s)

Mr. Anoop Bector

IPO - Issue Objectives

To finance the cost of Rajpura Expansion Project.
To meet general corporate purposes.

IPO - FAQs

Ans. Mrs. Bectors Food Specialities Limited IPO is a Mainboard IPO. The issue is priced at ₹286 - 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.

Ans. The Mrs. Bectors Food Specialities Limited IPO opens on Dec 15, 2020 and closes on Dec 17, 2020.

Ans. The size of Mrs. Bectors Food Specialities Limited IPO is Total Equity Shares 1,87,68,750 of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹540.54/- Cr # Fresh Issue of 14,07,638 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹40.54/- Cr # Offer for Sale of 1,73,61,111 Equity Shares of ₹10/- at price of ₹286/- to 288/- with aggregating up to ₹500.00/- Cr.

Ans. The IPO price band is set between ₹286 - 288 per equity share.

Ans. To apply for Mrs. Bectors Food Specialities Limited IPO IPO, follow the steps given below:

- Open the IPO Ji App or Website
- Find Mrs. Bectors Food Specialities Limited IPO in the List of IPOs
- Press "Apply" Button
- Select Your Demat Account
- Select Your Shares Quantity and Submit
- Track Your IPO Status

Ans. The share allotment date of Mrs. Bectors Food Specialities Limited IPO is Dec 23, 2020.

Ans. The Mrs. Bectors Food Specialities Limited IPO will be listed on Dec 24, 2020.

Ans. Follow the steps to check the allotment status for Mrs. Bectors Food Specialities Limited IPO here.