Mrs. Bectors Food Specialities files DRHP with SEBI

The equity shares will be listed on BSE and NSE.

Aug 15, 2018 02:08 IST India Infoline News Service

Sebi
According to a Technopak report, Mrs. Bectors Food Specialities Limited, one of the leading companies in the non-glucose biscuits and premium breads segment in North India, with products sold under well-recognized brands, "Mrs. Bector’s Cremica" and "English Oven," filed its DRHP with SEBI on August 10, 2018.
 
The initial public offering (IPO) comprises equity shares of face value Rs10 each (the “Equity Shares”) of Bectors Food Specialities Limited (the “Company” or the “Issuer”) aggregating up to Rs8,000mn (the “Offer”) comprising an offer for sale aggregating up to Rs338.00mn by Anoop Bector (“Promoter Selling Shareholder”), equity shares aggregating up to Rs3,755mn by Linus Private Limited, equity shares aggregating up to Rs630mn by Mabel Private Limited, equity shares aggregating up to Rs2,777mn by GW Crown PTE Ltd. and equity shares aggregating up to Rs500mn 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 “investor Selling shareholders”) (the promoter selling shareholder and the investor selling shareholders, collectively referred to as the “Selling Shareholders”).
 
IDFC Bank Limited, Edelweiss Financial Services Limited, and IIFL Holdings Limited are the bookrunning lead managers, and Link Intime India Private Limited is the Registrar.
 
The equity shares will be listed on BSE and NSE.

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