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Mrs Bectors IPO: Key takeaways from analyst meet
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Last Updated: Dec 14, 2020, 11:27 AM IST
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Synopsis
Mrs Bectors plans to use the IPO proceeds for financing its Rajpura expansion project by establishing a new production line for biscuits and for general corporate purposes.
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The price band for Mrs Bectors IPO is set at Rs 286-288 apiece.
NEW DELHI: Mrs Bectors Food Specialities’ Rs 541 crore IPO is all set to hit the market on Tuesday.
The IPO of premium biscuit-maker and leading supplier of buns to fast-food chains comprises an offer for sale of Rs 500 crore and a fresh issue worth Rs 40.5 crore. The price band for the same is set at Rs 286-288 apiece.