Mrs Bectors subscribed 198 times, highest ever for a Rs 200-cr plus IPO

Generated bids worth over Rs 40,000 cr. Previously, only three tiny issues have garnered more than 200x subscription

The initial public offering (IPO) of Mrs Bectors Food Specialities garnered 198 times subscription and generated bids worth more than Rs 40,000 crore. For IPOs of more than Rs 200 crore in size, this is the highest-ever subscription. Previously, only three tiny issues have garnered more than 200 times subscription.

The huge oversubscription for the IPO of Mrs Bectors—a biscuit and bread manufacturer—comes close on heels of the successful debut of Burger King India, whose stock tripled on listing.

Eyeing similar listing gains, wealthy investors have mounted bets worth Rs 33,800 crore on the Mrs Bector IPO. The so-called high