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Mrs Bectors Food's IPO to open on December 15: 10 things to know

Mrs Bectors Food s IPO to open on December 15: 10 things to know
The price band is set at Rs 286-288 apiece. Market lot size of Mrs. Bectors Food IPO is 50 shares. A retail-individual investor can apply for up to 13 lots
BusinessToday.In | December 14, 2020 | Updated 17:32 IST
SBI Capital Markets, ICICI Securities and IIFL Securities will manage Mrs Bectors Food Specialities IPO
The fifteenth IPO of 2020- Mrs Bectors Food Specialities of Rs 541 crore- is all set to hit the market on Tuesday, December 15. The anchor book will open for subscription on December 14.
Here are 10 things to know about the IPO:
1-The IPO of FMCG firm comprises an offer for sale of Rs 500 crore by existing shareholders - Rs 245 crore by Linus, up to Rs 38.50 crore by Mabel, up to Rs 186 crore by GW Crown PTE and a fresh issue worth Rs 40.5 crore. ....

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Mrs Bectors IPO: Key takeaways from analyst meet

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. ....

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