Latest Breaking News On - Bectors food - Page 8 : vimarsana.com
Mrs Bectors Food's grey market premium rises to 76%
Mrs Bectors Food IPO: The grey market premium rose to Rs 220 on December 15, at the end of first day of IPO. This means the share is likely to be listed at around Rs 500.
BusinessToday.In | December 16, 2020 | Updated 17:03 IST
Mrs Bectors Food IPO: The price band of the IPO has been fixed at Rs 286-288 per equity share. The firm plans to raise Rs 450-500 crore through the IPO
Mrs Bectors Food IPO, which has entered its second day, is commanding a premium of 76% in grey market. According to reports, the grey market premium rose to Rs 220 on December 15, at the end of first day of IPO. This means the share is likely to be listed at around Rs 500.
IndiaBurger-kingBector-cremicaMrs-bectors-foodMrs-bectorBectors-foodBurger-king-indiaKing-indiaMrs-bectors-food-specialitiesஇந்தியாபர்கர்-கிங்பெக்டர்-கிரேமிக்கPTI
New Delhi |
Updated on
December 16, 2020
× Mrs Bectors Food Specialities initial public offer was subscribed 11.40 times on the second day of bidding on Wednesday. Eliciting robust response from investors, the initial share sale of Mrs Bectors Food Specialities got oversubscribed within a few hours of opening for subscription on Tuesday and ended the day with 3.72 times subscription. After Burger King India, this is the second Initial Public Offer (IPO) this month to have received over subscription in a few hours of opening for public subscription. Mrs Bectors Food’s IPO received bids for 15,09,10,500 shares against 1,32,36,211 shares on offer, as per data available with the NSE on Wednesday.
IndiaBector-cremicaMrs-bectors-food-specialitiesBurger-king-indiaInitial-public-offerInstitutional-buyersMrs-bectors-foodBectors-foodMrs-bectorEnglish-ovenஇந்தியாIndia: Mrs Bectors Food IPO off to strong start on strong retail demand
Photo: Livemint Premium
The initial public offer of Mrs Bectors Food Specialities, which opened today, was subscribed 3.72 times at close of Day 1. The issue will close on December 17. This is the second initial public offer this month to have received over-subscription in the first few hours itself after Burger King India.
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
Anand-rathiBector-cremicaMrs-bectors-food-specialitiesBectors-foodMrs-bectorEnglish-ovenஆனந்த்-ரதிபெக்டர்-கிரேமிக்கதிருமதி-பெக்டர்ஆங்கிலம்-அவந்Mrs Bectors Food Specialities IPO off to flying start; subscribed 1.57 times within first few hours
New Delhi, Dec 15: The initial public offer of Mrs Bectors Food Specialities was subscribed 1.57 times within the first few hours of opening of bidding on Tuesday.
This is the second initial public offer this month to have received over subscription in the first few hours itself after Burger King India.
The initial public offer (IPO) received bids for 2,08,27,550 shares, against 1,32,36,211 shares on offer, according to data available with the NSE.
The offer comprises a fresh issue of Rs 40.54 crore and an offer-for-sale of up to Rs 500 crore.
IndiaNew-delhiDelhiBector-cremicaMrs-bectors-food-specialitiesBurger-kingBectors-food-specialitiesBectors-foodMrs-bectorEnglish-ovenஇந்தியாEliciting robust response from investors, the initial share sale of Mrs Bectors Food Specialities got oversubscribed within a few hours of opening for subscription on Tuesday and ended the day with 3.72 times subscription. After Burger King India, this is the second Initial Public Offer (IPO) this month to have received over subscription in a few hours of opening for public subscription.
Mrs Bectors Food's IPO received bids for 4,92,53,700 shares as against 1,32,36,211 shares on offer, according to data available with the NSE. The Qualified Institutional Buyers (QIBs) category was subscribed 2 per cent, while that of non-institutional investors and retail investors got subscribed 1.37 times and 6.83 times, respectively.
IndiaBector-cremicaMrs-bectors-food-specialitiesBurger-king-indiaInitial-public-offerQualified-institutional-buyersMrs-bectors-foodBectors-foodMrs-bectorEnglish-ovenஇந்தியாMrs Bectors Food Specialties IPO subscribed 3.7 times, HNIs portion fully booked on Day 1
The company will always enjoy premium post listing owing to its dominance in the premium biscuit segment with established brands, said Ajcon Global. December 15, 2020 / 05:57 PM IST
The initial public offering of bakery products maker Mrs Bectors Food Specialties had been subscribed 3.7 times on December 15, the first day of bidding.
The public issue received bids for 4.9 crore equity shares against an offer size of 1.32 crore equity shares, excluding the anchor book portion, the data available on the exchanges showed.
The company raised Rs 162 crore from anchor investors.
Retail investors showed interest in the IPO as the portion set aside for them was subscribed 6.8 times and that of employees had been bid 9.5 times. The reserved portion of non-institutional investors witnessed a subscription of 1.37 times and that of qualified institutional buyers 1.1 percent.
IndiaRajpuraRajasthanBector-cremicaMrs-bectors-food-specialtiesBectors-food-specialtieBectors-foodMrs-bectorIts-english-ovenBurger-king-indiaConnaught-plaza-restaurants