Mrs Bectors IPO subscribed 199.4 times on final day
Mrs Bectors is one of the leading companies in the premium and mid premium biscuits segment in North India with a market share of 4.5%Premium
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Mrs Bectors subscription figures beat Mazagon Dock Shipbuilders Ltd and Burger King India getting nearly 157 times each subscription
The proceeds from the fresh issue will be used for financing the project cost towards expansion of the Rajpura Manufacturing Facility in Punjab
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Mumbai:Mrs Bectors Food Specialities Ltd, a premium biscuit and bakery firm in north India, became the most successful initial public offering (IPO) of 2020 attracting bids for nearly 199.41 times the number of shares on offer, stock exchange data showed.
Biscuit maker Mrs Bectors ends Indian IPO at 199 times subscription a 2020 high
Photo: Rod Long / Unsplash Premium
Mrs Bectors Food Specialities Ltd, a premium biscuit and bakery firm in north India, became the most successful initial public offering (IPO) of 2020 attracting bids for nearly 199.41 times the number of shares on offer, stock exchange data showed.
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Mrs Bector s Food Specialties IPO: All you need to know
Mrs Bector’s Food Specialties IPO: All you need to know
Mrs Bector s Food Specialties IPO: The company sells biscuits under the brand name Mrs Bector s Cremica whereas bakery products are manufactured under the brand name of English Oven . Updated: December 16, 2020 9:55:05 am
Image source: English Oven s website
Mrs Bector’s Food Specialties IPO: The Rs 540.54 crore initial public offering (IPO) of biscuits and breads maker Mrs Bectors Food Specialities opened on Tuesday and it will be available for subscription till Thursday, December 17, 2020. The price band of the IPO has been fixed at Rs 286-288 per share.
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