As Mrs Bectors Food Specialities Ltd’s initial public offering (IPO) opens today, there are two main factors that work in its favour. One, the company operates in the packaged foods segment, which has lately benefited from the increase in stay-at-home consumption during the pandemic. Mrs Bectors operates in the premium and mid-premium range of biscuits and bakery segment in North India. Secondly, the issue comes at a time when the IPO market is performing well. On Monday, Burger King India Ltd saw a spectacular listing gain with the stock more than double from its issue price of ₹60.
Mrs Bectors IPO may ride piggyback on Burger King’s stellar listing
Mrs Bectors Food Specialties IPO Opens For Subscription
Mrs Bectors Food Specialties IPO opens today: Should you subscribe?
Mrs Bectors Food IPO: Opens today; Key Details You Should Know Before Subscribing
