Should I invest in Bectors food?
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Should I invest in Bectors food?
Short-term investors could consider booking profits in Mrs Bectors Food Specalities, whose share prices have about doubled compared to issue prices, while long-term investors can continue to hold on.
Can I apply Mrs Bectors IPO?
Mrs Bectors IPO opens from 15 Dec 2020 – 17 Dec 2020. The Mrs. Bectors Food IPO market lot size is 50 shares. A retail-individual investor can apply for up to 13 lots (650 shares or ₹187,200).
What can I expect from Mrs bector IPO?
The ₹541 crore IPO issue opened for subscription on December 15, and will close today on December 17. Analysts expect strong listing gains and recommend to subscribe for long term as well.
Should we hold Mrs Bectors?
Analysts say it is better to hold both stocks, which are down over 20\% (Burger King) and 23\% (Mrs Bector’s Food) from their post-listing peaks. The advice in both cases, from multiple analysts, is not to sell (if you are holding) and not to buy, not yet.
According to Bathini, it’s just not Mrs Bectors nearly all the IPO saw “exuberance” during their listing and fell by a thud due to “profit booking.” “All of the recent listings if you see including Burger King, Happiest Minds all of them are listing at a great premium and then we are witnessing profit booking leading …
Should you buy at current levels? After making a dream debut at Indian stock market in December 2020, Burger King share price has been on the down side as it has shed near 2.5 per cent in 2021. They said that the stock may become highly bullish if it manages to breach and sustain above ₹190 levels.
What is GREY market premium of Mrs Bectors?
In the grey market, Mrs Bectors Food Specialities shares were last seen trading at Rs 503 apiece, implying a premium of Rs 215 or 75 per cent over the IPO price of Rs 288 apiece.
How do I get Mrs Bectors IPO on Zerodha?
You can apply for the Mrs. Bector IPO using any supported UPI app by following two steps: Enter your bid on Console. Accept UPI mandate on your phone.
Why is Bectors food falling?
Why is Burger King falling?
Share of Burger King India ended 130.67\% or Rs 78 higher than the issue price on BSE. On NSE, the stock closed 125\% or Rs 75 higher above its issue price of Rs 60. Since then, the company has seen slowdown in business activities due to lockdowns imposed to contain Covid-19 pandemic.
Should you subscribe to Mrs bectors’ Rs 541 crore IPO?
Mrs Bectors Food Specialities’ Rs 541 crore IPO is all set to hit the market on Tuesday. NEW DELHI: A host of brokerages have recommended a ‘subscribe’ on Mrs Bectors’ Rs 541 crore initial public offer (IPO) that is geared up to hit the Street on Tuesday.
Who is Mrs Bector’s Foods Limited?
Here’s a company started by a woman with a passion for baking and spreading love, whose vision has now become a huge business venture known as “Mrs. Bector’s Food Specialities Limited”. On the heels of the jaw-dropping success of the Burger King IPO on 2nd December 2020, Mrs. Bector’s Foods gears up to launch its Initial Public Offering next week.
What is the business model of bectors food specialties?
Mrs. Bectors Food Specialties is one of the leading companies in the premium biscuits and bakery segment. It is the sole / preferred supplier to leading QSR chains – McDonald’s, KFC, Burger King, Pizza Hut and Multiplexes like PVR. The Indian IPO Market is on fire.
Is the biscuit and buns maker’s IPO worth buying?
The fact that the demand outlook for the biscuit and buns maker looks decent and the IPO is priced at a steep discount to listed peers leaves enough on the table, they said. The IPO will be sold in Rs 286-288 price band and would comprise an offer for sale (OFS) of Rs 500 crore and a fresh issue of Rs 40.5 crore.