Mrs Bectors Food Specialities IPO allotment today: Here’s how to check share allotment status

Advertisement
Mrs Bectors Food Specialities IPO allotment today: Here’s how to check share allotment status
Mrs Bectors
  • The basis of allotment for ₹540 crore (about $73 million) IPO of Mrs Bectors Food Specialities will be announced on December 22.
  • The Mrs Bector’s IPO garnered 198 times subscription and generated bids worth more than ₹40,000 crore against the offer size of ₹540 crore.
  • Here’s how to check Mrs Bector’s Food Specialities IPO allotment status.
Advertisement
The initial public offer of Mrs Bectors Food Specialities broke the record of all initial public offering (IPO) subscriptions this year after it received tremendous response from investors. And, now all investors' eyes are waiting for the allotment date. The basis of allotment for ₹540 crore (about $73 million) IPO of Mrs Bectors Food Specialities will be announced on December 22.

This was the second initial public offer this month to have received an overwhelming response – the first one being Burger King India, which is one of its clients. The Mrs Bector’s IPO garnered 198 times subscription and generated bids worth more than ₹40,000 crore against the offer size of ₹540 crore.

However, after this stellar response that Mrs Bectors Food IPO has garnered, one thing is certain — not all investors will get the same amount of shares that they had subscribed for.

Mrs Bectors Food Specialities IPOQualified Institutional BuyerNon-institutional InvestorRetail Individual InvestorEmployee Total
Offer size3,776,5022,832,3786,608,88118,45013,236,211
No. of times issue subscribed 176.85x620.86x29.33x45.46x198.02x

Once the basis of allotment is done, the investors can check their subscription status on Mrs Bector’s Food Specialities IPO registrar’s Link Intime India Private website.

Here’s how to check Mrs Bector’s Food Specialities IPO allotment status:

Advertisement

If you subscribed for the Mrs Bector’s Food Specialities IPO, you could check your allotment status by following these simple steps:

To check on the stock-exchange website:
  • To check Mrs Bector’s Food Specialities allotment status, go to the BSE website or NSE website here.
  • On BSE, Select ‘Equity’ and then from the dropdown, select ‘Mrs Bector’s Food Specialities’.
  • Now, enter your application number and PAN.
  • Click on ‘Search’.
Please note the details will only be available once the shares are allotted.

You can also visit the Registrar website (Linkintime) to check your application status.
  • Visit the registrar’s website here.
  • Click on ‘Select company’ and click on ‘Mrs Bector’s Food Specialities IPO’. It will only appear post allotment on December 22.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or client ID.
  • Enter the captcha and click ‘submit’.
Once you hit ‘submit’ the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares that you subscribed to and the number of shares that have been allotted to you.

The growing appetite for its shares

The shares of the biscuits and bread maker are pipping hot in the grey market, ahead of its listing. The grey market premium of the food giant soared nearly 80% to ₹230, up from 76% on the closing day of subscription.
Advertisement

The grey market premium is the measure of the extra amount that the market is ready to pay for a newly listed company’s shares. However, it is not an official measure of the market premium. But it is a fair indicator of demand for the shares in the market.

SEE ALSO:
FDA says it will 'rapidly work toward' authorizing Moderna's COVID-19 vaccine


Facebook and Google have been accused of striking a secret, illegal advertising deal
{{}}