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Synopsis
The stock is likely to debut on the bourses on December 28, and investors are waiting to see what kind of listing pop and near-term performance can Mrs Bectors see after Burger King’s solid show this week.
Agencies
The Rs 541 crore IPO of Mrs Bectors drew 198 times subscription, logging the third highest demand ever on the back of robust demand from all categories of investors.
MUMBAI: The FOMO (fear of missing out) factor has been instrumental in driving investors to the initial public offering (IPO) of Mrs Bectors Food Specialities, leading to an oversubscription of nearly 200 times, after the stock of quick service restaurant Burger King India had a stellar run on the bourses.