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

Particulars	For the year/period ended ( in million)
	30-Sep-20	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	6,087.26	5,657.15	5,770.44	5,110.59
Total Revenue	4,385.55	7,649.76	7,860.29	6,957.55
Profit After Tax	388.83	304.03	331.50	358.93

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