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Mrs. Bectors Food unveils ₹540.5-crore IPO

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Mrs. Bectors Food Specialties Ltd. has introduced an preliminary public providing (IPO) to lift as much as ₹540.5 crore. The value band has been fastened between ₹286 and ₹288 per fairness share. The IPO will comprise a contemporary situation of ₹40.5 crore and an offer-for- sale aggregating as much as ₹500 crore, which incorporates ₹245 crore by Linus Private Ltd., and ₹30.5 crore by GW Confectionary PTE. Ltd. The situation will open on December 15 and shut on December 17, 2020.

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