Mrs. Bector's Food IPO

A strong financial track record and growth potential are the key reasons that make us invest in a company. So, let’s get a closer look if it is even worth subscribing to Mrs. Bector’s Food IPO!

About the company

A company started by a woman with an enthusiasm for baking and spreading love, whose goal has now become a huge business undertaking known as “Mrs. Bector’s Food Specialities Limited”. The leading brand of the company “Mrs. Bector’s Cremica” leads the premium biscuit market segment in 4 states of India named Punjab, Himachal Pradesh, Jammu & Kashmir, and Ladakh. “English Oven” is the major selling brand in the premium bakery market segment in Delhi NCR, Mumbai, and Bengaluru. Along with its all-India presence, the company also sells its products to international customers from 64 nations.

About Mrs. Bector’s Food IPO

Bakery products maker Mrs. Bectors Food Specialties opens its Rs 540-crore IPO for subscription on 15th December 2020 with each share price range from Rs 286 to 288. The organization is going to use these IPO funds for the expansion of the Rajpura manufacturing facility by building up another production line for biscuits.

Solid continuous improvement in financial parameters, brand equity, healthy growth prospects, and solid institutional business with likely dynamic opportunity to fill in a retail business, financiers are positive on Mrs. Bectors and prompt buying in the IPO for medium to long-term perspective.

At the greater cost band of Rs 288, the stock is esteemed at 28x TTM income of Rs 10.32, which looks very alluring thinking about the brand value, strong fundamentals, distribution network, and development possibilities.All these factors point towards the fact that this investment is worthy! It also looks attractive in terms of profitability compared to similar-sized peers.

Nothing is certain due to the COVID-19 pandemic. Still, organizations like Mrs. Bector’s Food Specialities Limited have been growing throughout and have shown immense strength. Although, it is quite impossible to predict whether this issue revolving around the pandemic is overvalued or undervalued. 

But, if we look at the positive side, the investors can invest in the IPO expecting future gain sowing to its growth potential and a strong financial background. Mrs. Bector’s Food Specialities Limited’s tagline reads “baked with love, just for you!”

So, are you ready to feel love and invest in its future?

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