Mrs. Bectors Food Specialities IPO

Mrs Bectors Food Specialities IPO is coming Soon so let us discuss about company. Mrs. Bectors Food Specialities Ltd is one of the Best companies in the segment of premium bakery products and it also makes mid-premium bakery products in India( North-India). So now let see what the company manufactures

1)Biscuits:

• Cookies
• Crackers
• Digestive Biscuits
• Cream Biscuits

2)Bakery Items:

• Breads
• Pizza Base
• Buns
• Cakes

Mrs. Bectors Food Specialities are divided into two different brand names:

1)Mrs. Bector’s Cremica(Sell & Manufacture Biscuits)

2)English Oven (Sell & Manufacture Bakery Items)

According to reports till 30 June 2020, there are 96 different products in the bakery segment and 384 different products in the biscuit segment.

All products mentioned above are manufactured in 6 different manufacturing units which is located in 5 different cities

1)Karnataka

 2)Maharashtra

 3)UP

 4)Himachal Pradesh

  5)Punjab

Now let see how strong distribution Network they have, Mrs. Bectors Food Specialities have 154 different super stockists and 644 different distributors which supplies products to 458000 different Retail Outlets & 3594 different preferred outlets.

Mrs. Bectors Food Specialities sells its Products in India over to 23 states and also exports its products to 64 different countries by their own brand name and by third party private labels.

Major Strengths:

• In biscuits and bakery segments Mrs. Bectors Food Specialities are one of the leaders in North India.
• Big product portfolio.
• They have all food certifications like BRC, USFDA, and FSSC.
• Leading biscuits Manufacturer and also exports its products to 64 Different countries.
• Good distribution and sales network.

Mrs. Bectors Food Specialities IPO Details:

Issue Open Date	15 Dec 2020
Issue Close Date	17 Dec 2020
Size of Issue	[.] Equity Shares of ₹10 (aggregating up to ₹540.54 Cr)
Fresh Issue size	[.] Equity Shares of ₹10 (aggregating up to ₹40.54 Cr)
Offer for Sale	[.] Equity Shares of ₹10 (aggregating up to ₹500.00 Cr)
Type of Issue	Book Built Issue IPO
Face Value	10 Per Eq. Share
IPO Price	286-288 per Eq. Share
Market Lot	50 Eq. Shares
Min. Lot	50 Eq. Shares
Listing at	BSE, NSE

Tentative Time Table of IPO

IPO Opening Date	15 Dec 2020
IPO Closing Date	17 Dec 2020
Allotment Date	22 Dec 2020
Initiation Of Refunds	23 Dec 2020
Shares Credit in Demat Account	24 Dec 2020
Listing Date	28 Dec 2020