//]]> //]]> Indian Stock Market Analysis: December 2020

Friday, December 25, 2020

Sovereign Gold Bond (SGB) will be opened for subscription at Rs 4950/gram for period Dec 28, 2020 to Jan 01, 2021

Sovereign Gold Bond (SGB) next tranche will be opened for subscription for period Dec 28, 2020 to Jan 01, 2021. Sovereign Gold Bond 2020-21 is issued by RBI on behalf of the GOI. The issue price for the SGB has been fixed at Rs 5000/gram ( For investors applying online in demat mode and payment against application is made through digital mode, the rate is Rs 4950/gram).

The nominal value of the bond based on the simple average closing price for Gold of the last three business days of the week preceding the subscription period.

The bonds are restricted for sale to resident individuals, Hindu Undivided Families (HUFs), trusts, universities and charitable institutions.

The bonds are denominated in multiples of gram of Gold with a basic unit of 1 gram.The minimum investment limit will be 1 gram and the maximum limit of subscription shall be 4 kg for individual, 4 kg for HUF and 20 kg for trusts universities and charitable institutions for financial year (April-March).and the tenor of the SGB will be eight years with exit option after 5th year to be exercised on the interest payment date. SGB will be tradable on both excahnge (NSE and BSE).

The Gold bond will be sold through banks, Stock Holding Corporation of India, designated post offices, and recognised stock exchanges (NSE and BSE).

Investors can check other details of Gold bond on RBI website.

Apart from this, RBI announced date of issuance of upcoming Gold bond tranches.

Sr. No.TrancheDate of SubscriptionDate of Issuance

12020-21 Series XJanuary 11-15, 2021January 19, 2021
22020-21 Series XIFebruary 01- 05, 2021February 09, 2021
32020-21 Series XIIMarch 01- 05, 2021March 09, 2021

Wednesday, December 23, 2020

Antony Waste Handling Cell Limited IPO subscribed 15.04 times and Retail part subscribed 16.55 times on Last day

The initial public offer (IPO) of Antony Waste Handling Cell Limited subscribed 15.04 times on Wednesday the last day of the offering data from stock exchanges show.

Burger King India Limited had set a price band of Rs 313-315 per share and the IPO closed on 23rd December.

The portion of shares reserved for Qualified institutional investors was subscribed 9.67 times, shares reserved for Non Institutional Investors was subscribed 18.69 times and shares reserved for retail investors was subscribed  16.55 times.


Detail of Antony Waste Handling Cell Limited IPO :

Antony Waste Handling Cell Limited Incorporated in 2001, is one of the leaders in India's Municipal Solid Waste Management industry. The business is offering a full spectrum of MSW services i.e. solid waste collection, processing, transportation, and its disposal across the country. The company's key business operations include MSW C&T, MSW processing, and Mechanized sweeping project.The company is undertaking many projects of Navi Mumbai Municipal Corporation (NMMC), Thane Municipal Corporation (TMC), Pimpri Chinchwad Municipal Corporation (PCMC), Mangaluru Municipal Corporation (MMC), New Okhla Industrial Development Authority (NOIDA), and Greater Noida Industrial Development Authority (GNIDA). It has a waste processing plant at the Kanjurmarg site.As of August 31, 2020, Antony Waste has 17 MSW C&T, 2 MSW processing, and 4 mechanized sweeping ongoing projects.


Issue Size  - 9,523,345 Eq Shares of Rs 5 (aggregating up to Rs 300 Cr) 

Fresh Issue - 2,698,412 Eq Shares of Rs 5 (aggregating up to Rs 85 Cr) 

Offer for Sale - 6,824,933 Eq Shares of Rs 5 (aggregating up to Rs 215 Cr)

IPO Price - Rs  313 to Rs 315 per equity share

Market Lot - 47 Shares ( Min Order quantity )

Maximum Order Quantity for Retail  -  611 Shares (  13 Lots )

Finalisation of Basis of Allotment - Dec 29, 2020

Initiation of Refunds - Dec 30, 2020

Credit of Shares to Demat Account - Dec 31, 2020

IPO Shares Listing Date - Jan 01, 2020

Tuesday, December 22, 2020

Mrs. Bectors Food Specialities Limited IPO : How to check share allotment status



The share allocation in Mrs. Bectors Food Specialities Limited IPO  will finalised on 23rd December. Link Intime India Limited is the registrar of the IPO and investors can check the allotment on its website. The issue, which closed on December 17th, was subscribed a whopping 198 times. Rs 810 crore initial public offer received bids for 2,62,07,29,550 shares against 1,32,36,211 shares on offer.

In  Mrs. Bectors Food Specialities Limited IPO, the retail individual investors segment was subscribed 29.28 times while qualified institutional buyers category was subscribed 176 times and non institutional investors 620 times.

The price range for the offer was fixed at Rs 286-288 piece and the lot size was 50 shares. Minimum application money for retail investors at the upper price band per lot is Rs. 14,400. Retail investors could bid for a maximum of 13 lots.

Mrs. Bectors Food Specialities Limited IPO are expected to be listed on December 28.

Thursday, December 17, 2020

Mrs. Bectors Food Specialities Limited IPO subscribed 198 times and Retail part subscribed 29.28 times on Last day

The initial public offer (IPO) of Mrs. Bectors Food Specialities Limited subscribed 198 times on Thursday the last day of the offering data from stock exchanges show.

Mrs. Bectors Food Specialities Limited had set a price band of Rs 286-288 per share and the IPO closed on 17th December.

The portion of shares reserved for Qualified institutional investors was subscribed 176.85 times, while shares reserved for retail investors was subscribed 29.28 times.

Sunday, December 13, 2020

Mrs. Bectors Food Specialities Limited IPO opens for subscriptions from Dec 15, 2020

You can apply on click on Link

Incorporated in 1995, Mrs. Bectors Food Specialities Limited are one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India, according to the Technopak Report. Mrs. Bectors manufacture and market a range of our biscuits such as cookies, creams, crackers, digestives and glucose under our flagship brand ‘Mrs. Bector’s Cremica’. Mrs. Bectors also manufacture and market bakery products in savoury and sweet categories which include breads, buns, pizza bases and cakes under brand ‘English Oven’. Mrs. Bectors supply our products to retail consumers in 26 states within India, as well as to reputed institutional customers with pan-India presence and to 64 countries across six continents during the Financial Year ended March 31, 2020. According to Technopak Report, ‘Mrs. Bector’s Cremica’ is one of the leading biscuit brands in the premium and mid-premium segment in Punjab, Himachal Pradesh, Jammu and Kashmir and Ladakh and ‘English Oven’ is the one of the largest selling brand in the premium bakery segment in Delhi NCR, Mumbai and Bengaluru. Mrs. Bectors are the largest supplier of buns in India to reputed QSR chains such as Burger King India Limited, Connaught Plaza Restaurants Private Limited, Hardcastle Restaurants Private Limited,and Yum! Restaurants (India) Private Limited

Mrs. Bectors have a strong distribution network in India and globally in the general trade and the modern trade segment. During the period between April 1, 2020 to September 30, 2020, Mrs. Bectors distributed biscuits across 23 states in India, through widespread network of 196 super-stockists and 748 distributors supplying to wide range of customers through 458,000 retail outlets and 4,422 preferred outlets. Mrs. Bectors are also one of the largest suppliers of biscuits to Canteen Stores Department of Government of India supplying in 33 locations acrossIndia and an approved and listed supplier for Indian Railways having strong presence across Railway Station Canteens and their stores in North India.

Competitive Strengths
  • A leader in biscuits and bakery segments in North India.
  • Well-diversified product varieties.
  • Major food certifications i.e. BRC, USFDA, and FSSC.
  • Strong sales and distribution network.
Company Promoters

Mr. Anoop Bector is the promoter of the company.

Company Financials

ParticularsFor the year/period ended ( in million)
30-Sep-2031-Mar-2031-Mar-1931-Mar-18
Total Assets6,087.265,657.155,770.445,110.59
Total Revenue4,385.557,649.767,860.296,957.55
Profit After Tax388.83304.03331.50358.93
IPO Detail 

Issue Size - Eq Shares of Rs 10 (aggregating up to Rs 540.54 Cr) 

Fresh Issue - Eq Shares of Rs 10 (aggregating up to Rs 40.54 Cr) 

Offer for Sale - Eq Shares of Rs 10 (aggregating up to Rs 500.00 Cr)

IPO Price - Rs 286 to Rs 288 per equity share

Market Lot - 50 Shares ( Min Order quantity )

Maximum Order Quantity for Retail - 650 Shares ( 13 Lots )

IPO Close Date - Dec 15, 2020

Finalisation of Basis of Allotment - Dec 22, 2020

Initiation of Refunds - Dec 23, 2020

Credit of Shares to Demat Account - Dec 24, 2020

IPO Shares Listing Date - Dec 28, 2020

Tuesday, December 8, 2020

Burger King India Limited IPO : How to check share allotment status



The share allocation in Burger King India Limited IPO  will finalised on 9th December. Link Intime India Limited is the registrar of the IPO and investors can check the allotment on its website. The issue, which closed on December 04th, was subscribed a whopping 156.65 times. The Rs 810 crore initial public offer received bids for 11,66,93,73,500 shares against 7,44,91,524 shares on offer.

In Burger King India Limited IPO, the retail individual investors segment was subscribed 68.15 times while qualified institutional buyers category was subscribed 86.64 times and non institutional investors 354.11 times.

The price range for the offer was fixed at Rs 59-60 piece and the lot size was 250 shares. Minimum application money for retail investors at the upper price band per lot is Rs. 15,000. Retail investors could bid for a maximum of 13 lots.

Burger King India Limited IPO are expected to be listed on December 14.

Friday, December 4, 2020

Burger King India Limited IPO subscribed 156.65 times and Retail part subscribed 68.15 times on Last day

The initial public offer (IPO) of Burger King India Limited subscribed 156.65 times on Friday the last day of the offering data from stock exchanges show.

Burger King India Limited had set a price band of Rs 59-60 per share and the IPO closed on 04th December.

The portion of shares reserved for Qualified institutional investors was subscribed 86.64 times, shares reserved for Non Institutional Investors was subscribed 354.11 times and shares reserved for retail investors was subscribed 68.15 times.


Detail of Burger King India Limited IPO :

Burger King is the India's fastest growing quick service restaurant chains. QSR Asia Pte. Ltd is the promoter of the company. It is the second largest fast food burger brand with having 216 Burger-King restaurants and 8 Sub-Franchised Burger King restaurants.It aims to cater to the Indian tastes and preferences through adding new food offerings to its product portfolio. Company establishes its branches in high traffic areas in key metropolitan areas and cities across the country.


Issue Size  - 135,000,000 Eq Shares of Rs 10 (aggregating up to Rs 810 Cr) 

Fresh Issue - 75,000,000 Eq Shares of Rs 10 (aggregating up to Rs 450 Cr) 

Offer for Sale - 60,000,000 Eq Shares of Rs 10 (aggregating up to Rs 360 Cr)

IPO Price - Rs  59 to Rs 60 per equity share

Market Lot - 250 Shares ( Min Order quantity )

Maximum Order Quantity for Retail  -  130 Shares (  13 Lots )

Finalisation of Basis of Allotment - Dec 09, 2020

Initiation of Refunds - Dec 10, 2020

Credit of Shares to Demat Account - Dec 11, 2020

IPO Shares Listing Date - Dec 14, 2020