How do I get into Mrs bector IPO?
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How do I get into Mrs bector IPO?
You can apply for the Mrs. Bector IPO using any supported UPI app by following two steps: Enter your bid on Console. Accept UPI mandate on your phone.
Why is Bectors food falling?
According to Bathini, it’s just not Mrs Bectors nearly all the IPO saw “exuberance” during their listing and fell by a thud due to “profit booking.” “All of the recent listings if you see including Burger King, Happiest Minds all of them are listing at a great premium and then we are witnessing profit booking leading …
Why is bector Foods share falling?
Bectors Food stock hits lowest level since listing amid profit booking. However, with today’s fall, the stock of the packaged foods company has slipped 32 per cent from its high of Rs 630 touched on December 28, 2020, after institutional investors reduced their stake in the company by over 4 percentage points. …
Is it good to buy Mrs Bectors IPO?
At the higher price band of Rs 288, the stock is valued at 28 times its trailing 12-month earnings of Rs 10.32, which looks quite attractive considering the brand equity, distribution network, strong fundamentals and robust growth prospects, the brokerage said. “The company has turned free cash flow positive in H1FY21.
What will be the listing price of Mrs Bectors?
Mrs. Bectors Food IPO Details
| IPO Opening Date | Dec 15, 2020 |
|---|---|
| IPO Price | ₹286 to ₹288 per equity share |
| Market Lot | 50 Shares |
| Min Order Quantity | 50 Shares |
| Listing At | BSE, NSE |
Should you buy at current levels? After making a dream debut at Indian stock market in December 2020, Burger King share price has been on the down side as it has shed near 2.5 per cent in 2021. They said that the stock may become highly bullish if it manages to breach and sustain above ₹190 levels.
What is the GREY market premium of Mrs Bectors IPO?
Mrs Bectors Food IPO, which has entered its second day, is commanding a premium of 76\% in grey market. According to reports, the grey market premium rose to Rs 220 on December 15, at the end of first day of IPO. This means the share is likely to be listed at around Rs 500.