 "IPO")
Mrs Bectors Food Specialities made a strong market debut on Thursday. It was listed at Rs 500, a gain of 73 per cent from its issue price. It rose further and ended the session at Rs 595 — a whopping 106 per cent above its issue price.
Mrs Bectors posted the best listing gain in 2020 after Burger King and Happiest Minds, which gained 130 per cent and 123 per cent, respectively.
The value of promoter holdings in the firm has jumped from Rs 864 crore to Rs 1,787 crore. After the listing, it commands a market capitalisation of Rs 3,498 crore.
The
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