Incorporated
in 1995, Mrs. Bectors Food Specialities
Ltd is one of the leading companies in the premium bakery segment and
premium and mid-premium biscuit segment in North India. The company's product
portfolio mainly consists of two categories of products; Biscuits (cookies,
creams, crackers, digestive, etc.) and Bakery products (bread, buns, pizza
bases, cakes, etc.).
Mrs. Bectors manufactures and sells biscuits under its brand
name "Mrs. Bector's Cremica" whereas bakery products are manufactured
under the brand name of "English Oven" and offered in the premium
market segments such as Delhi NCR, Mumbai, and Bangalore. As of June 30, 2020,
its bakery segment has a total of 96 products and the Biscuits segment has a
total of 384 items.
All of its products are manufactured in-house across 6
strategically located manufacturing units in 5 different cities i.e.
Maharashtra, Karnataka, UP, Himachal Pradesh, and Punjab. The company has a
very strong distribution network of 154 super-stockiest and 644 distributors
supplying products through 458,000 retail outlets and 3,594 preferred outlets.
It sells its products to 23 states in India and also exports its products under
its own brand name and third-party private labels to 64 countries all over the
world.
Competitive Strengths
·
A leader in biscuits
and bakery segments in North India.
·
Well-diversified
product portfolio.
·
Major food
certifications i.e. BRC, USFDA, and FSSC.
·
Leading biscuits
exporter to 64 countries.
·
Modern production
process.
·
Strong sales and
distribution network.
Company Promoters:
Mr. Anoop Bector is
the promoter of the company.
Company Financials:
|
Summary of financial Information (Restated Consolidated) |
||||
|
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 |
Objects
of the Issue:
The funds raised
through the Mrs. Bectors Food IPO are proposed to be utilized towards below
objects:
·
To finance the cost of
Rajpura Expansion Project.
·
To meet general
corporate purposes.
Mrs.
Bectors Food IPO Details
|
IPO Opening Date |
Dec 15, 2020 |
|
IPO Closing Date |
Dec 17, 2020 |
|
Issue Type |
Book Built Issue IPO |
|
Face Value |
₹10 per equity share |
|
IPO Price |
₹286 to ₹288 per equity share |
|
Market Lot |
50 Shares |
|
Min Order Quantity |
50 Shares |
|
Listing At |
BSE, NSE |
|
Issue Size |
[.] Eq Shares of ₹10 |
|
Fresh Issue |
[.] Eq Shares of ₹10 |
|
Offer for Sale |
[.] Eq Shares of ₹10 |
Mrs.
Bectors Food IPO Tentative Timetable
The Mrs. Bectors Food IPO open date is Dec 15, 2020, and the close
date is Dec 17, 2020. The issue may list on Dec 28, 2020.
|
IPO Open Date |
Dec 15, 2020 |
|
IPO Close Date |
Dec 17, 2020 |
|
Basis of Allotment Date |
Dec 22, 2020 |
|
Initiation of Refunds |
Dec 23, 2020 |
|
Credit of Shares to Demat Account |
Dec 24, 2020 |
|
IPO Listing Date |
Dec 28, 2020 |
Mrs.
Bectors Food IPO Lot Size
The Mrs. Bectors Food
IPO market lot size is 50 shares. A retail-individual investor can apply for up
to 13 lots (650 shares or ₹187,200).
|
Application |
Lots |
Shares |
Amount (Cut-off) |
|
Minimum |
1 |
50 |
₹14,400 |
|
Maximum |
13 |
650 |
₹187,200 |
Mrs.
Bectors Food IPO Promoter Holding
|
Pre Issue Share Holding |
52.45% |
|
Post Issue Share Holding |
51% |
Company Contact
Information
Mrs. Bectors Food
Specialities Limited
Theing Road, Phillaur
Jalandhar - 144 410
Punjab
Phone: +91 182-6225418
Email: compliance@cremica.in
Website: http://www.cremica.in
Mrs. Bectors Food IPO Registrar
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email:
bector.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Mrs. Bectors Food IPO
Lead Manager(s)
Lead Manager
Reports
 share allotment Status ; here is how to check ){kind=link}
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