Mrs. Bectors Food Specialities Limited – Completes Anchor Allocation

Mrs. Bectors Food Specialities Limited which is tapping the capital markets with its fresh issue and offer for sale completed allocation to anchor investors. The freah issue is for Rs 40.5 crs while the offer for sale is for Rs 500 crs. The price band is Rs 286-288 for the issue which opens on Tuesday the 15th of December and closes on Thursday the 17th of December.

The company allotted 56,25,415 equity shares to 15 Anchor investors consisting of 31 entities. An identical 4,75,500 equity shares or 8.5% were allotted to 7 entities which included names like Franklin India, SBI Mutual Fund, Nomura, Goldman Sachs and Nippon India.

The company is in the business of manufacturing biscuits and cookies, and bakery products like breads and buns.

The full list of anchors and their allotment is given below:

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