Mrs Bector’s Food files for IPO

Mrs Bector’s Food Specialities filed draft red herring prospectus with SEBI on Friday. The initial public offering comprises an offer-for-sale worth up to ₹800 crore by promoter Anoop Bector (up to ₹33.8 crore) and the remaining by other shareholders — Linus Pvt Ltd, Mabel Pvt Ltd, GW Crown PTE Ltd and GW Confectionary PTE Ltd. IDFC Bank, Edelweiss Financial Services and IIFL Holdings are the book running lead managers to the issue. The company is a leader in the non-glucose biscuits and premium breads segments in North India, with products sold under the brands ‘Mrs. Bector’s Cremica’ and ‘English Oven’.