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 |
Very interesting info!Perfect just what I was looking for!