Mrs Bectors Food Specialties IPO Oversubscribed Within Hours Of Opening
Mrs Bectors Food Specialties IPO Oversubscribed Within Hours Of Opening
Mrs Bectors Food Specialties initial public offer will be open between December 15 and December 17. The issue price has been fixed at Rs 286-288 per share.
Mrs Bectors Food Specialties will use the IPO funds for expanding its Rajpura manufacturing facility
Mrs Bectors Food Specialties three-day share sale via initial public offering (IPO) was oversubscribed within hours of opening, data from National Stock Exchange showed. Mrs Bectors Food Specialties was subscribed 1.17 times as of 12:00 pm, according to NSE data. Mrs Bectors Food Specialties shares received over 1.55 crore bids as against 1.32 crore shares on the offer. Mrs Bectors Food Specialties shares saw huge demand from retail segment as it was subscribed 1.74 times. While portion reserved for qualified institutional buyers was not yet subscribed.