Mrs Bectors Food Specialities IPO Details
Mrs Bectors Food Specialities IPO description – Mrs Bectors Food Specialities is one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India. The company manufactures and markets a range of biscuits such as cookies, creams, crackers, digestives and glucose under flagship brand ‘Mrs. Bector’s Cremica’. It also manufactures bakery products in savoury and sweet categories which include breads, buns, pizza bases and cakes under brand ‘English Oven’. Its products are sold in 26 states within India, as well as to reputed institutional customers with pan-India presence and to 64 countries across six continents. It is also 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.
Biscuits – The company manufactures and sells biscuits, primarily in the premium and mid-premium segments including a wide variety of cookies, creams, crackers, and digestives. The category accounted for 59.2% of its revenue from operations for FY2020.
Bakery Products – Mrs Bectors Food also offers premium bakery products in savoury and sweets categories such as breads, buns, pizza bases, and cakes under the ‘English Oven’ brand, which contributed 17.1% to its revenues in FY2020. In addition, sale of bakery and frozen products such as buns, kulchas, pizzas, and cakes to QSR customers accounted for 16.8% of its topline in FY2020.
Promoters of Mrs Bectors Food Specialities – Mr Anoop Bector
| Mrs Bectors Food Specialities IPO details | |
| Subscription Dates | 15 – 17 December 2020 |
| Price Band | INR286 – 288 per share |
| Fresh issue | INR40.5 crore |
| Offer For Sale | INR500 crore |
| Total IPO size | INR540.5 crore |
| Minimum bid (lot size) | 50 shares |
| Face Value | INR10 per share |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
|
Mrs Bectors Food Specialities’ financial performance (in INR crore) |
||||
| FY2018 | FY2019 | FY2020 | H1 FY2021 | |
| Revenue | 695.8 | 786.0 | 765.0 | 438.6 |
| Expenses | 642.9 | 735.4 | 725.8 | 386.5 |
| Net income | 36.1 | 33.2 | 29.8 | 38.4 |
| Net margin (%) | 5.2 | 4.2 | 3.9 | 8.8 |
More about Mrs Bectors Food IPO
Registrar of Mrs Bectors IPO
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: http://www.linkintime.co.in
Mrs Bectors Food Contact Details
Mrs Bectors Food Specialities Limited
11-A Udyog Vihar
Greater Noida, Gautam Budh Nagar
Uttar Pradesh 201 308
Phone: +91 120 4569300
Email: [email protected]
Website: www.cremica.in
Valuation of Mrs Bectors Food (as of FY2020)
Earnings Per Share (EPS): INR5.30
Price/Earnings (PE ratio): 53.96 – 54.34
Return on Net Worth (RONW): 9.52%
Net Asset Value (NAV): INR55.76 per share
Mrs Bectors Peer Comparison
| Category |
Revenue CAGR |
3-year average (FY17-19) | |||
| Gross Margin | EBITDA Margin | ROE |
ROCE |
||
| Britannia |
10% |
39.3% | 16.4% | 29.9% |
44.9% |
| Parle |
6.5% |
35.9% | 6.7% | 11.7% |
16.9% |
| Anmol |
-6% |
33.8% | 11.7% | 13.6% |
16.1% |
|
Mrs Bectors Food Specialities |
12% |
44.3% | 12.1% | 13% |
17.3% |
Mrs Bectors IPO Subscription Details
| Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
| Day 1 | Day 2 | Day 3 | ||
| QIB | 3,776,502 | 0.01 | 4.67 | 176.85 |
| NII | 2,832,378 | 1.36 | 8.67 | 620.85 |
| Retail | 6,608,881 | 6.83 | 16.36 | 29.32 |
| Employees | 18,450 | 9.45 | 30.45 | 45.45 |
| Total | 13,236,211 | 3.72 | 11.40 | 198.02 |
Mrs Bectors IPO Analyst Reviews
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Mrs Bectors IPO Allotment Status
Mrs Bectors Food Specialities IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
Listing Performance of Mrs Bectors Food Specialities
IPO Opening Date: 15 December 2020
IPO Closing Date: 17 December 2020
Finalisation of Basis of Allotment: 22 December 2020
Initiation of refunds: 23 December 2020
Transfer of shares to demat accounts: 23 December 2020
Listing Date: 24 December 2020
Opening Price on NSE: INR500 per share (up 73.61% from IPO price)
Closing Price on NSE: INR592.5 per share (up 105.73% from IPO price)
These days people are waiting to subscribe for the IPO’s whichever comes to the market. Youtube and vloggers play an important role in making the public understand IPO and share markets.
Many of them are Misguiding Armatures by saying they also Manufacture sauces and has a contract with McD and Burger King which is fake. Because the company that makes Cremica sauce is “Cremica Food Industries Ltd” and it has nothing to do with “Mrs. Bector Food Specialities”
Cremica has reach all over India in retails and also HoReCa Offerings while Mrs. Bector is in Bakery Business and has Exposure in Export and North India only. Bakery Business required heavy Investments while Sauces and Dips can be manufactured from One Plant and Can supply all over the world.
cremica food industries is part of Mrs. Bector
It is a separate Entity which RHP has mentioned, It does not come under this firm. They have not written Sauces Manufacturer one time in RHP.
I want to sell ipo application…any one want to buy it…( Mr bector )
Contact me
7715910672
How many selling amount
12000
i have Mrs Bector alloted sahres, Rs 20000 , anyone ready, will rock like burger king, minimum 250% profit….
12000
7000520333