Mrs. Bectors Food Specialities Ltd. debuts with 73.95% premium at Rs 501.00
24/12/2020 20:30
Mrs. Bectors Food Specialities Ltd. makes a strong debut on the bourses with scrip got listed at Rs 501.00 on the Bombay Stock Exchange, a 73.95 per cent premium to its issue price of Rs 288.00. On the National Stock Exchange, the stock was listed at Rs 500.00.

The company, which raised 1.88 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 187.69 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Dec 15 to Dec 17.

Following a strong opening, the scrip touched an intraday high of Rs 601.20 and a low of Rs 500.00, before closing the session up by 106.78 per cent to its listing price at Rs 595.55 on the BSE.

The company anticipates using the proceeds of the issue for .

SBI Capital Markets Limited,IIFL Securities Limited,ICICI Securities Ltd as lead managers & Link Intime India Private Limited is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 46,973.54, up 529.36 points, or 1.13 per cent.