Mrs Bectors Food Specialities Ltd IPO closes on December 17, 2020

Mrs Bectors Food Specialities Ltd opened on December 15 and closes on December 17, 2020
The IPO is offering equity shares with face value Rs 10, in the price band Rs 286 – Rs 288
Minimum bid is for 50 shares and multiples
The total IPO size is Rs 540.54 crore
The share price is rather high
The Burger King IPO was very successful, so it would be interesting to find out the demand for the shares of Mrs Bectors Food Specialities Ltd

Kindly note that raw/cbi employees especially greedy gujju stock broker asmita patel,robber riddhi nayak caro, panaji sindhi scammer school dropout naina chandan who looks like actress sneha wagh, her lazy fraud sons karan, nikhil, goan bhandari sunaina chodan, siddhi mandrekar, asmita patel, ruchika kinge, nayanshree hathwar, indore robber deepika are not associated with the website in any way at all, since they do not any money on the domains, do not do any computer work at all, though IIT kharagpur alumni sundar pichai led google and other LIAR indian internet companies, ntro, raw, cbi employees are making FAKE CLAIMS in a major indian internet sector government fraud causing losses of Rs 15 lakh annually to the real domain investor since 2010

Why the Burger King IPO was oversubscribed despite the bad financials of the company?

Why is the Burger King IPO being oversubscribed despite the bad financials of the company? (Compiled from quora for reference)

Surya Someshwara

Yes, the company was able to pull in investors to fund its IPO, which will give them cash to repay some debt, some money for operation and start a lot of outlets (as per their declaration with SEBI)

I know the business for Burger King will be very difficult in the coming years, as I myself have already shut 2 outlets and another 2 are running at 50% pre-covid. But that also means an opportunity for Burger King,

How?

When most of the standalone outlets are out of business, Maybe Burger King will be able to get more business, Maybe Indians will like Burger’s more than Biryani (Ok, That’s not going to happen!) or maybe they will market it and make it into a big brand in India.

A lot of American QSR brands have tried to settle in India as per their expansion plan, but only a few have actually been able to make a mark on profits. Even Wendy’s is coming soon in the form of cloud Kitchen!

As you rightly said, Financials are bad for this stock and that will be a major risk.

Why is the oversubscribed then?

The stock price is cheap – 50 to 60Rs
It has been highly covered by all financial channel, youtube channels and even your own broker is telling you to buy (Indirectly)
The Brand Name, It is big in the US, It will be big in India (Maybe)
Some are investing for listing gains, Most will sell this stock on the first day, experienced traders know how to take advantage of FOMO.

Markets and Investors don’t just work on logic, sometimes even emotions and future opportunities for the stock can also be a driver for this particular IPO.

I am staying away from this stock, as it’s not my style of investing, But that doesn’t mean I won’t invest next, I might if the price and risk are right for me.

Anyways only 10% is allotted to the public, So chances of getting this stock are purely now based on Luck (This stock will make listing profits)

Hope this helps

Regards Surya Someshwara

Santonu Borpuzari
, Executive (1993-present)
Answered December 3

It is because of valuation . The balance sheet and financial are not rosy for this company. There is loss for the company in the preceding three years and debt to equity ratio is not comfortable and it is more than 0.7 as per balance sheet of the company.

Valuation :- The EPS is negative for the company considering the balance sheet of preceding three years ,so we can not work out P/E to assess whether upper price band Rs.60 is reasonable price or not.

Let see the P/E of Jubilant food work P/E =260.09 against industry P/E =70(as per money control website)

Lets EPS for FY 20 for Burger king is 0.5 ( it is assumed ,actually it is negative)

So P/E would be 120 which is still below the P/E of Jubilant .

The Price to book value of Jubilant Food work is 28.30(considering upper band) where as for Burger King it is 5.81 . So it seems the IPO is reasonably price and therefore we see a huge demand for this IPO. Retail category is already subscribed by 35 times on close of 2nd day. So IPO would be a huge success and overall subscription would around 80X. So good listing is expected

Sharique Samsudheen
, Founder & CEO at fundfolio
Answered December 3

It’s easy. Everyone knows Burger King. Someone who isn’t an active stock market participant might apply for the IPO because of the popularity. So without looking into the fundamentals of the company, people may invest. And because most retail investors are interested in the IPO, it might get oversubscribed and most probably list with decent % gains. The issue is being sold in the price band of Rs 59-60 apiece. Isn’t 59–60 an attractive price range? The company competes with international QSR chains such as McDonald’s, KFC, Domino’s Pizza, Subway, and Pizza Hut. Burger King currently operates about 270 outlets. It aims to scale it up to 700 outlets by 2026. The IPO closes on Friday. The Rs 810-crore maiden public offer of Burger King India has received a strong response from retail investors. So far, the issue has been subscribed 9.4 times on December 3, the second day of bidding. As of now, Burger King trading in Grey Market at a premium of Rs 33-34 / share, Nearly 55 % premium. So it might be worth applying for the listing gains. ??

Because over enthusiastic participation by retail investors. Retail investors always will have fear of missing out, so their participation in Burger King IPO is more. Usually QIB & HNI will subscribe on last date of IPO application based on their internal insights.

Also currently retail investors feel they economic is recovering since nifty is hitting daily high.

Net Pix Shorts Digital Media Ltd IPO opened on 18 November 2020

Net Pix Shorts Digital Media Ltd is another small IPO which was not reported in the indian mainstream media, which mainly focusses on larger IPOs
Open date : 18 November 2020
Close date : 23 November 2020
Offer price: Rs 30
Size of IPO : Rs 2.70 crore

Kindly note that raw/cbi employees especially greedy gujju stock broker asmita patel,robber riddhi nayak caro, panaji sindhi scammer school dropout naina chandan who looks like actress sneha wagh, her lazy fraud sons karan, nikhil, goan bhandari sunaina chodan, siddhi mandrekar, asmita patel, ruchika kinge, nayanshree hathwar, indore robber deepika are not associated with the website in any way at all, since they do not any money on the domains, do not do any computer work at all, though IIT kharagpur alumni sundar pichai led google and other LIAR indian internet companies, ntro, raw, cbi employees are making FAKE CLAIMS in a major indian internet sector government fraud causing losses of Rs 15 lakh annually to the real domain investor since 2010

Gland Pharma Limited IPO opens on November 9, 2020

Hyderabad based Gland Pharma Limited IPO opens on November 9, 2020
Closes on November 11, 2020
Price band: Rs 1490 to Rs 1500 per equity share of face value Rs 1 each
Minimum bid: 10 equity shares
Bids in multiples of 10 equity shares
Promoters : Fosun Pharma Industrial Pte. Ltd
Shanghai Fosun Pharmaceutical Group Co.. Ltd
This is one of the largest IPOs in 2020

Kindly note that ntro, raw, cbi employees and their associates like 2005 bbm bengaluru brahmin cheater housewife nayanshree hathwar, panaji sindhi scammer school dropout naina chandan who looks like actress sneha wagh, her lazy fraud sons nikhil,karan, goan bhandari sunaina chodan, siddhi mandrekar, riddhi nayak caro, asmita patel, indore robber deepika, ruchika kinge are not associated with the website in any way since they do not pay any domain expenses at all, though the indian and state governments especially goa, madhya pradesh, karnataka, haryana government are making fake claims DUPING domain registries, registrars and ICANN in a major DOMAIN, FINANCIAL FRAUD for the last 10 years allegedly bribed by google, tata to increase the profit of these companies. These frauds are not on talking terms with the domain investor yet make fake claims about her domains, bank account and get monthly salaries indicating extremely high levels of fraud, CORRUPTION, BRIBERY in the indian internet sector

China halts the IPO of Ant Group

On Tuesday, the Shanghai stock exchange announced that it was halting the $34.5 billion IPO of Ant Group due to changes in regulatory norms. The listing at Hong Kong stock exchange was also suspended. Since the fintech Ant group offers many financial services, it is under greater scrutiny
The IPO had attracted a lot of interest from investors
Alibaba group founded by Jack Ma is one of the major stakeholders in Ant group

Largest IPOs in Asia

From media sources, some of the largest IPOs in Asia with company name, IPO value are
Ant Group (China) – $ 34.5 billion
Saudi Aramco (saudi arabia) – $ 29.4 billion
Alibaba Group (China) – $ 25 billion
Softbank (Japan) – $21.1 billion
AIA Group (Hong Kong) – $20.4 billion

Please note that the indian internet and tech sector is openly involved in a Rs 15 lakh annual financial fraud on the domain investor, and high status LIARs like goan bhandari sunaina chodan, siddhi mandrekar,sindhi scammer schooldropout naina chandan who looks like actress sneha wagh,robber,cheater housewives like panaji robber riddhi nayak caro. nayanshree hathwar, indore robber deepika and other fraud raw/cbi employees like greedy gujju stock broker asmita patel, naina’s lazy fraud sons nikhil, karan,ruchika kinge who do not spend any money on domains, do not do computer work are not associated with the website, though they make fake claims since 2010.

Chinese Ant group planning to raise $34.5 billion through Initial Public offering

The Ant group led by Jack Ma, the alibaba founder, is planning to raise $34.5 billion through Initial Public offering, which is widely regarded as one of the largest IPOs in history.
The filing in October states that the shares will be listed at the Shanghai and Hong Kong Stock exchange.
Media reports indicate that both retail and institutional investors are extremely interested in the IPO
According to the group for the initial price consultation of the shangai IPO, institutional investors subscribed for over 284 times initial offline offering.

Please note that in a Rs 15 lakh annual fraud of the indian internet sector, high status LIAR raw/cbi employees are falsely claiming to own the website of a private citizen and getting monthly government salaries since 2010 without doing any kind of computer work.

Kindly note that raw/cbi employees slim goan bhandari fraud sunaina chodan, siddhi mandrekar,sindhi scammer schooldropout housewife naina chandan who looks like actress sneha wagh ,robber,cheater housewife like panaji robber riddhi nayak caro. nayanshree hathwar, indore robber deepika and other fraud raw/cbi employees like greedy gujju stock broker asmita patel, naina’s lazy fraud sons nikhil, karan,ruchika kinge, are not associated with the website in any way, since they do not pay any money for the domain, webhosting expenses, do any computer work, yet shamelessly and falsely claim to own the website, get monthly government salaries at the expense of the real domain investor.

Shine fashions IPO from october 22-26, 2020

The mainstream media is mainly focussing on the larger IPOs of more than Rs 500 crore
There are many smaller IPO, and one of the smaller IPOs in 2020 is the shine Fashions IPO of size Rs 1.60 crore
The offer price for the shares is Rs 40
the IPO opens from october 22 and closes on october 26, 2020

Kindly note that raw/cbi employees especially stock broker asmita patel,robber riddhi nayak caro, panaji sindhi scammer school dropout naina chandan who looks like actress sneha wagh, her lazy fraud sons karan, nikhil, goan bhandari sunaina chodan, siddhi mandrekar, asmita patel, ruchika kinge, nayanshree hathwar, indore robber deepika are not associated with the website in any way at all, since they do not any money on the domains, do not do any computer work at all, though IIT kharagpur alumni sundar pichai led google and other LIAR indian internet companies, ntro, raw, cbi employees are making FAKE CLAIMS in a major indian internet sector government fraud causing losses of Rs 15 lakh annually to the real domain investor since 2010

Bodhi Tree Multimedia listed on 21 October 2020, after IPO

In one of the smaller IPOs , Bodhi Tree Multimedia listed on the stock exchanges 21 October 2020, after IPO
The shares were priced at Rs 95, similar to the offer price and the trading volumes remain low.
The market capitalization was Rs 11.86 crores
The company is listed in the entertainment sector

Please note that raw/cbi/ntro employees and their associates especially stock broker asmita patel, ruchika kinge, robber riddhi nayak caro, siddhi mandrekar, sunaina chodan, nayanshree hathwar, sindhi scammer school dropout naina chandan, her lazy fraud sons karan, nikhil, indore robber deepika are not associated with the website in any way, though they make fake claims since 2010 to get monthly government salaries, causing a loss of Rs 15 lakh annually to the real domain investor, a private citizen in a major indian internet sector fraud.

Equitas Small Finance Bank IPO details

Equitas Small Finance Bank has the largest number of outlets among Small Finance Banks in India
The face value of the shares in the IPO is Rs 10
For the IPO, 72,000,000 shares are being offered by Equitas Holdings Ltd.
Bids can be made for at least 450 shares, and in multiples of 450 shares
The shares will be listed at both BSE ltd and NSE of India Ltd after the IPO
Please note that raw/cbi/ntro employees and their associates are not associated with the website in any way, though they make fake claims.