Mrs. Bectors Food IPO - Grey Market, GMP & Reviews

IPO Details

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

About Mrs. Bectors Food Specialities Limited

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 our 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.

Company Promoters

Mr. Anoop Bector is the promoter of the company.

Company Financials

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

Grey Market Premium Updates

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

Competitors Analysis

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

Strengths & Weaknesses

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.

Mrs. Bectors Food Specialities Limited IPO Reviews

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Subscription Details

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

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Mrs. Bectors Food Specialities Limited IPO FAQs

  1. When will Mrs. Bectors Food Specialities Limited IPO open?

    Mrs. Bectors Food Specialities Limited IPO will open on 15/12 and close on 17/12.

  2. What is the listing date of Mrs. Bectors Food Specialities Limited IPO?

    Mrs. Bectors Food Specialities Limited IPO will list on 28 Dec 2020.

  3. What is the offer price of Mrs. Bectors Food Specialities Limited IPO?

    The offer price of Mrs. Bectors Food Specialities Limited IPO is ₹286 - 288.

  4. What is the lot size of Mrs. Bectors Food Specialities Limited IPO?

    The lot size of Mrs. Bectors Food Specialities Limited IPO is 50.

  5. What is the Grey Market Premium (GMP) price of Mrs. Bectors Food Specialities Limited IPO?

    The Grey Market Premium (GMP) price of Mrs. Bectors Food Specialities Limited IPO is ₹225-230.

  6. What is the Kostak price of Mrs. Bectors Food Specialities Limited IPO?

    The Kostak price of Mrs. Bectors Food Specialities Limited IPO is ₹525-550.

  7. What is the Subject to Sauda price for Mrs. Bectors Food Specialities Limited IPO?

    The Subject to Sauda price for Mrs. Bectors Food Specialities Limited IPO is ₹7500-7700.

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