Mrs. Bectors Food Specialties Ltd. has announced an initial public offering (IPO) to raise up to ₹540.5 crore. The price band has been fixed between ₹286 and ₹288 per equity share. The IPO will comprise a fresh issue of ₹40.5 crore and an offer-for- sale aggregating up to ₹500 crore, which includes ₹245 crore by Linus Private Ltd., and ₹30.5 crore by GW Confectionary PTE. Ltd. The issue will open on December 15 and close on December 17, 2020.
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