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Mrs. Bectors Food Specialities Limited IPO Message Board (Page 32)

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110. rsk |   Link |  Bookmark | December 14, 2020 8:32:45 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
So so anchor investors. No SWFs, mostly local mutual funds.
110.3. XCapitalMarkets |   Link |  Bookmark | December 15, 2020 8:42:11 AM
rsk ji,

Granted there are no SWFs, but there are high-quality MFs and Life Insurance companies, which are always high-conviction, long-term investors.

So nothing bad about the anchor book. It is just focused towards domestic investors, that's all.
110.4. rsk |   Link |  Bookmark | December 15, 2020 8:49:07 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Granted.

Problem with Mutual funds and lead managers is a hand in a glove.
109. Eagleye |   Link |  Bookmark | December 14, 2020 3:48:09 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Mrs. Bectors Food Specialities IPO – *Market’s Current Estimates of oversubscription*:

NII = 49.00K Crs. = ~604.89X
RII = 25.00L Forms = 19.05X Applic. wise (Avg allotment of ~2.73 shares per lot)

Interest cost *@7.00%p.a.* for 7days = 38.66paise for 1X

Thus, for NII the costing = 604.89 X 38.66paise = Rs.233.87 per share (= GMP)

And, for RII the costing = 2.73 X 233.87 = Rs.639/- (= Kostak)


Mrs. Bectors Food Specialities IPO – *GMP Estimated*
GMP 233 +/- 1
Kostak 640 +/- 25
109.3. Pradip IPO |   Link |  Bookmark | December 14, 2020 5:46:02 PM
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Numerology.. Cool

Any Nifty, Bank Nifty Levels for Reversal ?
109.4. Subham |   Link |  Bookmark | December 15, 2020 7:39:50 AM
Please share current kostak price
108. rsk |   Link |  Bookmark | December 15, 2020 5:52:08 AM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
Common Factor (other than Buns) between Mrs Bector and BK is, Singaporean investors selling out as OFS.
However, in BK, Singapore Govt, MAS (central bank) and other foreign investor invested heavily and in Mrs Bec almost no foreign investor. Goldman is india fund and Goldman Singapore.
BK OFS is smaller than Fresh Issue, so the company gets good deal of money.
Mrs Bector > OFS is large and company gets only 40 Cr+

This retail portion is much bigger than BK. If all the money that was invested in BK goes into this IPO

NII would be 532x
Retail would be 10x
Is this going to be Reliance Power moment of the market?
107. ganesh jaiswal |   Link |  Bookmark | December 15, 2020 3:33:02 AM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Anchor allotment list include Goldman Sachs India, Nomura and 7 mutual funds.

HDFC Life Insurance Company, Goldman Sachs India, Franklin India Smaller Companies Fund and SBI Debt Hybrid Fund are among the anchor investors.
After the big bang listing of Burger King, this is going to another small size IPO for good listing gain. Retail quota is 35% of the total offer of 540 Crores. Expect 30-40 times retail subscription.
106. girishkumarj |   Link |  Bookmark | December 14, 2020 10:42:56 PM
Mrs.Bectors Highlights
1. Buns supplier for Burger king and MC Donald's.
2. largest suppliers of biscuits to Canteen Stores Department of Government of India ("CSD") supplying in 33 locations across India and an approved and listed supplier for Indian Railways having a strong presence across Railway Station Canteens
3.They also manufacture ‘Oreo’ biscuits and ‘Chocobakes’ cookies on contract basis for Mondelez India Foods Pvt. Ltd.
4.They have been a preferred and leading supplier of products such as frozen burger buns, panini, garlic breads to PVR Ltd since the last 10 years.
5. Strong presence in North india. English oven is a National Bread brand.

If BK can list at 125% premium why not BFSL ?
105. Arjun Rajkot |   Link |  Bookmark | December 14, 2020 10:04:14 PM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
Must Must Apply for Lisitng Gain...

Book Profits on Lisitng

Gyani Baba's Said

Better to Sell 'n' Apply

Too Much Hype after Two Back to Back Great Lisitng
Cautious

Grey Premium 225-228
Kostak 625

Must Apply For Gain

Or

Sell n Apply


No Long Term Strategy or Long Term Target

104. Goutam Karmakar |   Link |  Bookmark | December 14, 2020 9:34:56 PM
I apply 10 share Rs. 1367/- per share but till date any share not credit in my account. Please suggest the problem.
104.1. rsk |   Link |  Bookmark | December 14, 2020 9:43:32 PM
IPO Mentor IPO Mentor (600+ Posts, 300+ Likes)
cutoff at 1377.55. should have ticked cutoff.
103. Goutam Karmakar |   Link |  Bookmark | December 14, 2020 9:38:56 PM
IRCTC OFS RELATED ENQUIRY
102. Aniketiaf |   Link |  Bookmark | December 12, 2020 5:56:12 PM
IPO Guru IPO Guru (1800+ Posts, 10200+ Likes)
As predicted earlier..

TCS buyback ER declared 40%
AR may be around 70-75%

Now finger crossed for Wipro buyback-

Expected Entitlement : 45-50%
Expected Acceptance : 75-80%

Buyback player now shift focus on ENGINEERS INDIA.

Can be bought around 70-72 level.

Expected Entitlement : 30-40%
Expected Acceptance : 70-100%

There is also a greater chance to cross buyback price 84 before buyback process start. ( Like NMDC )

Thanks.


Standard disclaimer: I am not a SEBI registered analyst. I may have vested interest in every stock I discuss. Please do your own due diligence as stock market investments have high degree of inherent risk. Further the data in the post (If any) is prone to errors.
102.18. Ajay g |   Link |  Bookmark | December 14, 2020 9:28:40 PM
hi can i have your email? i am hni investor. would like to discuss/ and take ur advice.
102.19. ???? ?? ??? |   Link |  Bookmark | December 31, 2020 3:39:13 PM
@Aniketiaf ji

The comment above in Hindi is mine,
On December 15, I bought 25 shares of NTPC at the price of 103 and placed it in the tender.
Out of which 16 shares were accepted and their money also credited to my account.
The remaining 9 shares have been added to my trading account yesterday.

Later on 23 December I bought 11 more shares of NTPC at a price of 9.15.

Now NTPC''s total shares in my holding have gone up to 20 while their average price resistance is showing Rs 69, how did the average price become like this?
101. Tinkerbell |   Link |  Bookmark | December 14, 2020 9:22:24 PM (800+ Posts, 1800+ Likes)
Mrs Bectors Food Specialties raised Rs 162 crore from anchor investors on Monday, ahead of the opening of its Rs 541 crore initial opening offer.

The buns and biscuit maker allotted a total of 56,25,415 shares at Rs 288 per share to anchor investors including Nomura, Goldman Sachs India, HDFC Life Insurance Co, Sundaram Mutual Fund, Bajaj Allianz Life Insurance Co and Aditya Birla Sun Life Insurance Co, among others.

Of the total anchor allotment, 29,75,850 shares were allotted to seven mutual funds who had applied through a total of 23 schemes.
100. Mr. Profit |   Link |  Bookmark | December 14, 2020 12:48:00 PM
Which method is best to apply? UPI or NetBanking? Kindly help ????
100.7. ganesh jaiswal |   Link |  Bookmark | December 14, 2020 7:27:47 PM
IPO Guru IPO Guru (1100+ Posts, 700+ Likes)
Always apply through Net Banking ASBA only. Apply before 12 noon on third day for successful application submission, as most of the bank's accept application up to 2 PM on last day.
100.8. Killerr |   Link |  Bookmark | December 14, 2020 7:59:32 PM
For UPI mandate 4 parties involved
1.Broker
2.upi app
3.bank
4.exchange(registrar)

for Net banking only 2
1.Bank
2.exchange

least is better.
99. Sreevalli |   Link |  Bookmark | December 14, 2020 7:49:20 PM
Hi, can I gor for Mrs Bectors. Pls advise
99.1. Paymzia |   Link |  Bookmark | December 14, 2020 7:58:28 PM
IPO Guru IPO Guru (2400+ Posts, 4500+ Likes)
Apply
98. Pardip |   Link |  Bookmark | December 14, 2020 7:29:47 PM
Hlo aniket sir
Any view. On CAMS
97. arunARUN |   Link |  Bookmark | December 14, 2020 6:03:45 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
Dont take chance if applying via UPI. Burger Kind saw nearly 3 lakh application logged in system but their payment not received so not taken into account.
If your day 1 UPI fails atleast you have 2 more chances
96. Bhartkumar Gandhi |   Link |  Bookmark | December 14, 2020 3:30:59 PM
Now mrs.bector listed over double price
95. Eagleye |   Link |  Bookmark | December 14, 2020 2:52:08 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Mrs. Bectors Food Specialities IPO – *Market’s Current Estimates of oversubscription*:

NII = 46.00K Crs. = ~567.86X
RII = 25.00L Forms = 19.05X Applic. wise (Avg allotment of ~2.73 shares per lot)

Interest cost *@7.00%p.a.* for 7days = 38.66paise for 1X

Thus, for NII the costing = 567.86 X 38.66paise = Rs.219.55 per share (= GMP)

And, for RII the costing = 2.73 X 219.55 = Rs.599/- (= Kostak)


Mrs. Bectors Food Specialities IPO – *GMP Estimated*
GMP 219 +/- 1
Kostak 600 +/- 25
94. virat.kohli |   Link |  Bookmark | December 14, 2020 2:43:15 PM
grey premium is hike....! Good to see
93. Arjun Rajkot |   Link |  Bookmark | December 14, 2020 2:14:05 PM
IPO Guru IPO Guru (1000+ Posts, 1900+ Likes)
Grey Premium 220₹
92. Pradip IPO |   Link |  Bookmark | December 14, 2020 1:19:19 PM
Top Contributor Top Contributor (400+ Posts, 500+ Likes)
Last GMP Heard : 215/220
92.1. virat.kohli |   Link |  Bookmark | December 14, 2020 1:27:17 PM
GOOD
91. P Patel |   Link |  Bookmark | December 14, 2020 1:22:44 PM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Does Cremica Cookies as tasty as Burgers ?
91.1. virat.kohli |   Link |  Bookmark | December 14, 2020 1:26:46 PM
HOPE SO