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Started as an enterprise in 1978 on the foundation of quality, freshness and taste, Mrs. Bector Food Specialties has become the largest bun supplier to QSR (quick service restaurants) chain in India. The company is the leading producer of non-glucose biscuits and premium breads in North India. The company sell its products under the brand names of ‘Cremica’ and ‘English Oven’ in which the former brand name is stick to selling premium biscuits while the latter one is connected to breads and buns. The company has kept delighting the customers by providing consistent taste in their products and customization of bread segments as they are catering the requirements of Burger King and McDonalds. The company is known for its innovative offerings as the changing consumption pattern of people, packaging and its commitment to quality. The company has food certifications from BRC, USFDA and FSSC. It is a leading exporter in 64 countries.
|S.No.||1 - Company||2 - Directors||3 - Promoters|
|Entity Name||By the Company||Against the Company||By the Director||Against the Director||By the Promoter||Against the Promoter|
|Material civil cases||-||-||-||-||-||-|
|Amt. (In Million Rs.)||9.07||72.91||-||18.65||-||18.65|
|Gross Operating Income||7649.76||7860.29||6957.55|
|Cost of Employee & Inventory||5253.47||5337.6||4774.26|
|Profit Before Tax||391.43||505.88||528.24|
|Profit After Tax||303.66||330.82||358.76|
The promoter of the company is Mr. Anoop Bector.
There is no denying the fact that brand names under Mrs. Bector will face a ruthless competition. The listed companies such as Britannia, ITC and Parle have strong presence in bakery products. However, Parle Industries has been unable to alter their offerings as their major sales come from a single product while the product line offered by Britannia Industries is so huge and Indian families have been seen much devoted to the Britannia. Brand name ‘Cremica’ will find stiff competition from small players too such as Priyagold and Anmol Biscuits while the brand name ‘English Oven’ faces rivalry from Harvest Gold, Bonn and Vibbs.
Offer for Sale: The object of the Offer for Sale is to allow the shareholders to sell an aggregate of up to 1,73,61,111 Equity Shares held by them. The company will not receive any proceeds from the Offer for Sale. Offer for Sale Size is of 1,73,61,111 Equity Shares of ₹10 aggregating up to ₹500.00 Cr.
Fresh Issue: The company has planned to raise fresh capital comprising an aggregate of 14,06,250 shares having ₹10 aggregating up to Rs. 40.5 Cr at the upper price band of Rs. 288. The net proceeds will be utilized for financing Rajpura Expansion project while the residual will be used for augmenting general corporate purposes.