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IPO Details


Mrs Bectors Food Specialities Ltd
Registered Office: Theing Road, Phillaur, Jalandhar - 144410, Punjab
Phone: 91-182-6225418
Email: compliance@cremica.in
Website: www.cremica.in
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.
Issue Money Payable On
Opens On Closes On Application Allotment
15-Dec-2020 17-Dec-2020 288.00 0.00
Minimum Application for shares in Nos : 50 Further Multiples of : 50
()Cr. Lead Managers to the Issue
Project Cost 40.54 ICICI Securities Ltd
Project Financed through Current Offer 540.54
Post Issue Equity Share Capital 58.75
Issue Price 288.00
Projects
Financing the project cost towards Rajpura Expansion project
General corporate purposes
Promoted By
Anoop Bector
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

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Nifty

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