Biscuit maker Mrs Bectors Food’s Rs 540-cr IPO to open on December 15

Bread and biscuits maker Mrs Bectors Food Specialities is planning to hit the capital markets mid next week to raise around Rs 450-500 crore to fund the company’s brownfield expansion of Rajpura manufacturing unit in Punjab. The proposed Initial Public Offering will open on December 15 and will close on December 17 and the price band has been fixed at Rs 286-288 per equity share of a face value of Rs 10 each.Bread and biscuits maker Mrs Bectors Food Specialities is planning to hit the capital markets mid next week to raise around Rs 450-500 crore to fund the company’s brownfield expansion of Rajpura manufacturing unit in Punjab. The proposed Initial Public Offering will open on December 15 and will close on December 17 and the price band has been fixed at Rs 286-288 per equity share of a face value of Rs 10 each.