IPO #3 : Mrs. Bectors
It’s raining IPOs at the moment. Burger King had a phenomenal listing, delivering 265% above the issue price in just 4 days after listing on the stock market.
Next in line is Mrs. Bectors Food Specialities Limited - a lessor known biscuit and bakery company, which has it’s major operations in the Northern part of the country.
Here, I will break down the Company based on several parameters - but first let’s take a look at the history of the Company.