Review and Analysis- Mrs Bectors Food Specialities IPO

Initial Public offer (IPO)- A Initial public offer refers to the process of offering shares of a corporation to the public in a new stock issuance. It allows a company to raise capital from public investors and allows public investors to participate in the offering.

Mrs Bectors Food Specialities IPO– Now Bakery products manufacturer Mrs Bectors Food Specialities will open its Indian Public offering during the period 15-17 December 2020 Here are the complete details of Mrs Bectors Food Specialities IPO.

About the Company- Mrs. Bectors Food Specialities Ltd.

This company was incorporated in 1995. It is one of the leading company in the premium and mid-premium biscuits segment and the premium bakery segment in North India. It manufactures and markets a range of biscuits such as cookies, creams, crackers, digestives, and glucose under its flagship brand “Mrs. Bector’s Cremica”.

It also manufactures and markets bakery products in Savory and sweets categories which include bread, buns, pizza bases, and cakes under its brand “English Oven”.

The company supplies its products to retail consumers in 26 states within India, as well as to reputed QSR chains such as Burger King, MacDonald, etc.

Mrs. Bectors Food has quality certifications and accreditations from- BRC, USFDA, and FSSC, etc.

Competitive Strengths of the company

A) A leader in the biscuits and bakery segments in North India.

B) Well Diversified product portfolio.

C) A leading biscuits exporter to 64 countries.

D) Modern production process.

E) Strong sales and distribution network.

F) It has experienced promoter and management team.

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Risks of the company

A) Inability to anticipate response and meet the consumer’s tastes, preferences.

B) Restriction on the use of the brand name and negative publicity of the products.

C) Continuing effect of the COVID-19 pandemic on its business and operations.

D) Incurring additional debt in the future, exposing us to interest rate fluctuations.

E) Inability to meet the obligations under certain export promotion schemes.

F) Inability to maintain the competitive position ad brand image.

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Financial analysis of Mrs Bectors Food Specialities Ltd.

Here is the financial analysis to opt for Mrs Bectors Food Specialities IPO- For the year/period ended (Rs. in crore)

ParticularsApr- Sep 2020Apr-Sep 2019FY March 2020FY March 2019FY March 2018
Total Assets609561566577511
Total Revenue431365762784694
Adjusted EBITDA7239939686
Profit After Tax (PBT) 3910303036
Source- RHP

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Mrs Bectors Food Specialities IPO details

Here is the complete details of Mrs Bectors Food Specialities IPO-

ParticularsIPO Details
IPO Opening DateDec 15, 2020
IPO Closing DateDec 17, 2020
Issue TypeBook Built Issue IPO
Issue AmountRs. 540.54 Crore
Fresh IssueRs. 40.54 Crore
offer for saleRs. 500 Crore
Total Share for Sale1,87,68,748 – 1,88,99,998
Face Value of ShareRs. 10 per Share
Price Band of IPORs. 286 to 288
Lot Size50 Shares and in multiples thereafter
Listing AtBSE and NSE

Mrs Bectors Food Specialities IPO Tentative Time Table

ParticularsDates
IPO Open DateDec 15, 2020
IPO Close DateDec 17, 2020
Basis of Allotment DateDec 22, 2020
Initiation of RefundsDec 23, 2020
Credit of Share to Demat A/cDec 24, 2020
IPO Listing DateDec 28, 2020

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Mrs Bectors Food Specialities IPO FAQ

  1. Who is the promoter of Mrs Bectors Food Specialities Ltd?

    Mr. Anoop Bector is the promoter of the company.

  2. What is the goal of Mrs Bectors Food Specialities IPO?

    Financing the project cost towards Rajpura Expansion Projects and to meet the general corporate purposes.

  3. What is the minimum lot size?

    1 Lot – 50 Shares – Rs. 14,400/-

  4. What is the maximum lot size?

    13 Lot – 650 Shares – Rs. 1,87,200/-

How to apply for an IPO Online?

After getting knowledge about “Mrs Bectors Food Specialities IPO”, it is necessary to know how to apply for an IPO. For this purpose, you can choose Upstox, where apply for an IPO is very easy and you can follow the below-mentioned steps-

  • Visit Here
  • Log in using your UCC Id and PAN Number
  • Enter the birth year to verify your account.
  • Click on apply for an IPO section.
  • Click on the ‘Details’ button below the widget of the IPO you are choosing to apply for
  • Use the details page to go through all the company-related details 
  • Click on the ‘Place Bid’ button at the bottom
  • Enter your UPI ID and click on ‘Continue’
  • Enter the lot size and your bid amount and click ‘Continue’
  • Confirm the order

You will then see an order confirmation screen telling you whether or not your application was successful.

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