Mrs. Bectors Food is coming up with its IPO on Dec 15 2020. Mrs Bectors Food is a manufactures and markets a range of biscuits & ice creams under brand “Mrs Bector’s- CREMICA”. They also manufactures bakery products under brand ‘English Oven’. Here are some key details on coming up IPO with our analysis :
|Promoter||Mr. Anoop Bector|
|IPO opens on||Dec 15, 2020|
|IPO ends on||Dec 17, 2020|
|Share Listing date||Dec 28, 2020|
|IPO Price||₹286 to ₹288 per share|
|Market Lot Size||50 shares|
It is small cap company and post IPO market cap is approx Rs 1600 Cr at the given IPO price and their approx. total sale is Rs.750 Cr. The market cap to sale ratio is approx. 2. Considering other companies in FMCG sector, this looks fairly attractive and investors can see upside of 50% – 100% after listing.