| Issue Date | 15/12 - 17/12 |
| Issue Size | ₹540.54 Cr |
| Issue Price | ₹286 - 288 |
| Market Lot | 50 Shares |
| Shares on Offer | |
| Registrar | Link Intime |
| GMP | ₹225-230 |
| Kostak | ₹525-550 |
| Subject to Sauda | ₹7500-7700 |
| Listing Date | 28 Dec 2020 |
| Listing Price | ₹501 |
| Listing Gain% | 73.96 |
Mrs. Rajni Bector started an enterprise in 1978, unveiling her love for baking by whipping up remarkable ice creams, breads and biscuits. Cremica began its journey on the foundation of quality, freshness and taste. The small enterprise in due course of time has become a huge conglomerate, where the standards of goodness have remained the same.
They are one of the leading companies in the non-glucose biscuits and premium breads segment in North India, according to Technopak Report, with products sold under their well-recognized brands, ‘Mrs. Bector’s Cremica’ and ‘English Oven’ and setting the standards through consistent quality, globally certified production facilities and unmatched expertise with love.
Cremica is known for its innovative offerings, packaging and its commitment to quality. Keeping up with changing consumer preferences, the company keeps introducing innovative products which are in line with consumer taste palate.
Mr. Anoop Bector is the promoter of the company.
| Particulars | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 |
|---|---|---|---|
| Total Assets (In ₹ Millions) | 5,657.15 | 5,770.44 | 5,110.59 |
| Total Revenue (In ₹ Millions) | 7,649.76 | 7,860.29 | 6,957.55 |
| Profit After Tax (PAT) (In ₹ Millions) | 304.03 | 331.50 | 358.93 |
| Date | GMP | Kostak | Subject to Sauda |
|---|---|---|---|
| 18 Dec 2020 | ₹225-230 | ₹525-550 | ₹7500-7700 |
| 17 Dec 2020 | ₹210-215 | ₹480-500 | ₹7500-7700 |
| 16 Dec 2020 | ₹190-195 | ₹475-500 | ₹7300-7500 |
| 11 Dec 2020 | ₹150-155 | ₹350 | N/A |
| Company | EPS | P/E | Face Value |
|---|---|---|---|
| Mrs. Bectors Food Specialists | 5.31 | n/a | ₹10 |
| Nestle | 204.28 | 76.33 | ₹10 |
| Britannia | 58.35 | 63.96 | ₹1 |
| Pratap Snacks | 20.01 | 29.96 | ₹5 |
| DFM Foods | 4.87 | 70.32 | ₹2 |
| Strength |
|---|
| Company is very profitable and has been mostly consistent. |
| The GMP and Subject to Sauda Value is very high and hence there is a good chance that this IPO will list with a very high premium. |
| Weakness |
|---|
| Company's revenue & profit has dipped in 2020 compared to 2019. |
| Date & Time | QIB | NII | RII | Total |
|---|---|---|---|---|
| Day 1 - 15 Dec 2020 | 0.02 | 1.37 | 6.83 | 3.72 |
| Day 2 - 16 Dec 2020 | 4.67 | 8.67 | 16.36 | 11.40 |
| Day 3 - 17 Dec 2020 | 176.85 | 620.86 | 29.33 | 198.02 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusMrs. Bectors Food Specialities Limited IPO will open on 15/12 and close on 17/12.
Mrs. Bectors Food Specialities Limited IPO will list on 28 Dec 2020.
The offer price of Mrs. Bectors Food Specialities Limited IPO is ₹286 - 288.
The lot size of Mrs. Bectors Food Specialities Limited IPO is 50.
The Grey Market Premium (GMP) price of Mrs. Bectors Food Specialities Limited IPO is ₹225-230.
The Kostak price of Mrs. Bectors Food Specialities Limited IPO is ₹525-550.
The Subject to Sauda price for Mrs. Bectors Food Specialities Limited IPO is ₹7500-7700.
Please Leave Your Message
Mrs. Bectors Food Specialities Limited IPO Review/Comments