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Mrs Bectors ends its IPO with 199 times subscription; highest in 2020

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 3 min read 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 Share Via Read Full Story 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

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. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER stories left placeholder You have one free story left this month.

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