Mrs Bectors Food Specialists Submits IPO Papers to Raise Fund Around 800 Crores

Mrs. Bectors Food Specialists – a Biscuit Maker has submitted draft papers with the Securities and Exchange Board of India (SEBI) – a market regulator to launch an Initial Public Offering of an estimated INR 800 crore.

The IPO will comprise a sale of equity share to raise 800 crores by existing promoters and shareholders according to the DRHP papers filed with the market regulator Sebi. Linus, GW Confectionary Pte Ltd, Mabel, Anoop Bector and GW Crown Pte Ltd will be offering the stocks in the share-sale through IPO.

“Listing of equity shares will enhance our visibility & brand reputation and provide liquidity to the existing shareholders” statement given by a company

IDFC Bank, IIFL Holdings and Edelweiss Financial Services will manage this IPO of a company. This shares will be listed on NSE and BSE both.

Mrs. Bector Food Specialists offers a range of bread and biscuits under the flagship brand ‘English Oven’ and ‘ Mrs. Bector’s Cremica’ respectively.

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