Mrs.Bector's IPO Is Going To Be Launched From 15th December | Should You Invest

 In the season of IPO's Mrs. BECTOR'S which is known for its brand- Cremica in the biscuits segment and English oven in the premium Bakery segment is all set to launch its IPO for 540.5 crore rupees.

Each stock will be issued at 286-288 rupees and each lot will have 50 shares.

The company was benefited during the lockdown as consumption increased with people sitting at their homes.

Profit after tax, Earning before Tax and Depriciation, Cash flows from operations showed a positive figure, but it is to be noted that it was for the first time that it occured and assigned totaly to the lockdown.

However the positive cash flows from operations have indicated that the company has covered its Capital Expenditure (CAPEX). Yet if the company plans to invest in capital, the cash flows can again turn negative, but such news has not been published by the company.

There company has reasonable market share in the premium biscuits segment, export biscuit segment, branded bakery segment and also produces biscuits for OREO under contract manufacturing.

Ultimately the question boils down to whether the growth of Mrs BECTOR'S is sustainable?