India: After stellar IPO, Mrs Bectors Food lists at 74% premium over issue price
Rye bread in a bakery. Pixabay. Premium
Mrs Bectors Food Specialties Ltd made a strong markets debut on Thursday. The stock was listed at ₹500, a 73.61% premium over its issue price of ₹288 a piece.
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Mrs Bectors Food lists at 74% premium over issue price
Mrs Bectors Food manufactures and markets a range of products such as biscuits, breads and buns.
3 min read
Mrs Bectors Food IPO to raise up to ₹540.54 crore with a price band of ₹286 to ₹288 per piece was open for subscription in 15-18 December
Part of the proceeds from stake sale will be used to finance Rajpura Expansion Project by establishing a new production line for biscuits
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Mumbai: Mrs Bectors Food Specialties Ltd made a strong markets debut on Thursday. The stock was listed at ₹500, a 73.61% premium over its issue price of ₹288 a piece.
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