Mrs. Bectors Food Specialities has debuted at Rs 501.00 on the BSE, up by 213 points or 73.95% from its issue price of Rs 288.
The scrip is currently trading at Rs 575.15, up by 287.15 points or 99.70% from its issue price. It has touched a high and low of Rs 601.20 and Rs 500.00 respectively. So far 25.81 lakh shares were traded on the counter.
The offering, which was open for subscription between December 15, 2020 and December 17, 2020, was subscribed 198.02 times. The issue price was fixed at Rs 288 per share i.e. at upper end of price band of Rs 286-288 apiece.
The company is one of the leading companies in the premium and mid-premium biscuits segment and the premium bakery segment in North India.