Mrs. Bectors Food IPO

Mrs. Bectors Food IPO date, price band, details

Spread the love

Mrs. Bectors Food IPO is ready to hit the Dalal street on 15 December 2020. The company aims to raise ₹550 crore through this IPO.

Mrs. Bectors Food Specialities Ltd

Mrs. Bectors Food Specialities is one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India. The company manufactures and markets a range of biscuits such as cookies, creams, crackers, digestive, and glucose under the flagship brand ‘Mrs. Bector’s Cremica’. It also manufactures bakery products in savory and sweet categories which include bread, buns, pizza bases, and cakes under the brand ‘English Oven’. Its products are sold in 26 states within India, as well as to reputed institutional customers with pan-India presence and to 64 countries across six continents. It is also the largest supplier of buns in India to reputed QSR chains such as Burger King India Limited, Connaught Plaza Restaurants Private Limited, Hardcastle Restaurants Private Limited, and Yum! Restaurants (India) Private Limited.

Biscuits – The company manufactures and sells biscuits, primarily in the premium and mid-premium segments including a wide variety of cookies, creams, crackers, and digestives. The category accounted for 59.2% of its revenue from operations for FY2020.

Bakery Products – Mrs. Bectors Food also offers premium bakery products in savory and sweets categories such as bread, buns, pizza bases, and cakes under the ‘English Oven’ brand, which contributed 17.1% to its revenues in FY2020. In addition, the sale of bakery and frozen products such as buns, kulchas, pizzas, and cakes to QSR customers accounted for 16.8% of its topline in FY2020. 

Also read: IPO List, current-ongoing-listed IPOs

Objective of the Issue

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

Basic details about the company

Full nameMrs. Bectors Food Specialities Ltd
SectorFast Moving Consumer Goods
IndustyConsumer Food

Dates to remember

IPO Open15 December 2020
IPO Close17 December 2020
Basis of Allotment22 December 2020
Refunds date23 December 2020
Credit to Demat Account24 December 2020
 Listing Date28 December 2020

IPO details

Issue typeBook Built Issue IPO
IPO issue size₹550 Crore
Number of shares offered1,87,68,750 Shares
Face value₹10 per equity share
Price band₹286 – 288 per share
Retail portion35%
Lot size50 Nos
Minimum application1 lot – 50 shares
Maximum application13 lot – 650 shares
Minimum application amount₹14,400
maximum application amount₹187,200
Listing ExchangeBSE, NSE

Competitive strength

  • 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. 

Category-wise Break up

Anchor: 56,25,417 Shares = 162.01 Crores
QIB: 37,50,278 Shares = 108.01 Crores
NII: 28,12,708 Shares = 81.01 Crores
RII: 65,62,986 Shares = 189.01 Crores (Lot size: 50 = 1,31,260 Forms)
Empl. Quota: 17,361 Shares = 00.50 Crores
Total Issue: 1,87,68,750 Shares = 540.54 Crores.


Mrs Bectors Food Specialities’ financial performance (in INR crore)
Net income36.133.229.838.4
Net margin (%)

Valuation of Mrs. Bectors Food (as of FY2020)

Earnings Per Share (EPS)₹5.30
Price/Earnings (PE ratio)53.96 – 54.34
Return on Net Worth (RONW)9.52%
Net Asset Value (NAV)₹55.76 per share

Company Promoters

  • Mr. Anoop Bector

Mrs. Bectors Food IPO Promoter Holding

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

Lead managers

  • ICICI Securities
  • IDBI Capital
  • SBI Capital Markets

Registrar of Mrs. Bectors Food IPO

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083 
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195

Mrs. Bectors Food contact details

Mrs. Bectors Food Specialities Limited
11-A Udyog Vihar
Greater Noida, Gautam Budh Nagar
Uttar Pradesh 201 308
Phone: +91 120 4569300

Subscription status

CategoryDay 1 2Day 3

Mrs. Bectors IPO Allotment Status

Mrs Bectors Food Specialities IPO allotment status will be available on Link Intime’s website.

Click on this link to get allotment status.

Final thoughts

Mrs. Bectors Food IPO is going to hit Dalal street soon. applying for IPO is purely a personal choice. study well about the company and do subscribe if you are feeling good about the company. I hope this post gave you enough details to make a fundamental study of the company. learn well and make a wise decision

Happy Investing

Spread the love

1 thought on “Mrs. Bectors Food IPO date, price band, details”

  1. Pingback: IPO List, current-ongoing-listed IPOs -

Leave a Comment

Your email address will not be published. Required fields are marked *