Mrs Bectors IPO opens on December 15, eyes Rs 500 crore
Freepik
Mrs Bectors Food Specialities, whose Rs 540 crore initial public offer (IPO) was subscribed 198 times on the last day of subscription on December 17, is likely to finalise the allotment of shares on December 22.
The initial share sale of Mrs Bectors Food Specialities got oversubscribed within a few hours of opening for subscription last Tuesday. This was the second IPO after Burger King India this month to have received oversubscription in a few hours of opening for public subscription. The shares of the company are expected to list on bourses on December 28.