Issue Price
₹288
Per Share
GMP
NIL
Grey Market
Est. Listing
₹288
Expected Price
Min. Application
₹28,800
2 lots × 50 shares
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 Bengaluru. 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-stockists 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 StrengthsA 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.
Mrs.Bectors Food Specialities Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| TOTAL | 18,769,701 | 100.00% | ₹540.57 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 50 | ₹14,400 |
| Retail (Max) | 13 | 650 | ₹187,200 |
| sNII (Min) | 14 | 700 | ₹201,600 |
| bNII (Min) | 70 | 3,500 | ₹1,008,000 |
| Particulars | 30-Sep-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue from Operations | 438.56 | 764.98 | 786.03 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 38.88 | 30.40 | 33.15 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 608.73 | 565.72 | 577.04 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |