Mrs Bectors Food Specialities Ltd IPO

Closed

IPO Details

  • Open Date 15-Dec-20
  • Close Date 17-Dec-20
  • Lot Size 50
  • IPO Size ₹ 540.54 Cr
  • IPO Price Range ₹ 288
  • Min Investment ₹ 14400
  • Listing Exchange -
  • Basis of Allotment TBA
  • Refunds TBA
  • Credit to Demat Account TBA
  • Listing Date TBA

IPO Synopsis

Initial public offering of 18,769,701 equity shares of face value of Rs. 10 each (The Equity Shares) of Mrs. Bectors Food Specialities Limited (The Company or The Company or The Issuer) for cash at a price of Rs. 288~ per equity share (including a share premium of Rs. 278 per equity share) (The Offer Price) aggregating to Rs. 540.54 crores (The Offer) comprising a fresh issue of 1,408,592 equity shares aggregating to Rs. 40.54 crores (The fresh issue) and an offer for sale of 17,361,109 equity shares (The offered shares) aggregating to Rs. 500.00 crores, comprising an offer for sale of 8,506,944 equity shares aggregating to Rs. 245.00 crores by Linus Private Limited, 1.336,805 equity shares aggregating to Rs. 38.50 crores by Mabel Private Limited, 6,458,333 equity shares aggregating to Rs. 186.00 crores by GW Crown Pte. Ltd. and 1,059,027 equity shares aggregating to Rs. 30.50 crores by GW Confectionary Pte. Ltd. (Mabel Private Limited, GW Crown Pte. Ltd., and GW Confectionary Pte. Ltd., together reffered to as Gateway selling shareholders, The Gateway selling shareholders and Linus Private Limited, collectively referred to as selling shareholders and such offer by selling shareholders, the offer for sale). This offer includes a reservation of 18,315 equity shares aggregating to Rs. 0.50 crore (constituting up to 0.03% of the post-offer paid-up equity share capital of the company) for purchase by eligible employees (The Employee reservation portion). The offer less the employee reservation portion is hereinafter referred to as the net offer. The offer and the net offer would constitute at least 31.95% and 31.92%, respectively, of the post-offer paid-up equity share capital of the company. The Company and the selling shareholders in consultation with the book running lead managers, may offer a discount of up to Rs. 15.00 of the issue price to eligible employees bidding in the employee reservation portion (employee discount). The Face value of the equity share is Rs. 10 each and The Offer price is 28.80 times the face value of equity share.

How to apply for IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Mrs Bectors Food Specialities Ltd IPO

Contact Information

Theing Road,
Phillaur,
Jalandhar, Punjab 144410

Mrs Bectors Food Specialities Ltd IPO Lead Manager

ICICI Securities LtdIIFL Securities LtdSBI Capital Markets Ltd

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