How to Check the Allotment Status of Mrs. Bectors Food IPO?

Mrs Bector’s IPO was open for subscription between December 15 and 17. The allotment was finalised around December 22. The price band for the IPO was Rs 286-288 and the minimum lot was 50 shares.

Mrs Bector’s IPO Subscription Details

The IPO of Mrs Bector’s Food Specialities was subscribed 198 times on the third day of bidding. The issue received 262 crore bids and the issue size was 1.32 crore shares. 

The portion set aside for retail investors was subscribed 29.3 times, employees bid 45.45 times and non-institutional investors bid 620.85 times. Qualified institutional buyers (QIB) bid 176.85 times.

December 17 was the last day for bidding on this issue. 

Read more on Groww: Mrs Bector’s IPO

The Mrs Bector’s IPO allotment has been finalised. Here’s how you can check the allotment status.

There are three primary ways to check the status:

a) Check Allotment Status on Groww

Once the allotment status is finalised, you can check your status on Groww, if you had applied for this IPO on our platform. Here are the steps:- 

Step 1: Open the Groww App,  scroll down the homepage to see the ‘IPOs’ section.

Step 2: Click on IPOs. On the next page click on the ‘Status’  tab for Mrs Bector’s IPO (or any other IPO you had applied for). The status tab will not be visible if you have not applied for the IPO.

If you have received the allotment in the IPO, ‘Allotted’ will be written next to your application number.

b) Registrar website

The registrar for Mrs Bector’s IPO is Link InTime. After you land on the website’s homepage, click on public issues here (The status will be available only after the basis of allotment is finalised)

• From the drop-down menu, select ‘Mrs Bector’s’.
• For identification, you can give your PAN number, application number DP/client ID, account number/IFSC code.

c) BSE

You can also check the allotment status on the Bombay Stock Exchange’s 

After you click on the link, you will have to feed in your application number and PAN number to check your allotment status.

FAQs on Mrs Bector’s IPO Allotment

How do I know if I have received Mrs Bector’s Allotment or not?

We have discussed the steps for the same above.

What happens to the IPO amount in my bank account?

After applying for an IPO, the required amount is blocked for use from your account. Hence the money is still showing in your balance but is blocked for use. 

Can we know Mrs Bector’s listing price?

Knowing the price at which the shares will list is almost impossible. The companies do have an issue price. But the listing price depends on the grey market transactions. Say the issue price was around Rs 200, and it was trading at a grey market premium of Rs 20 then we can expect the shares to list at around Rs 220. However, nothing can be said with certainty.

What is the grey market?

Grey market for an IPO is an unofficial market where the transactions that take place are ‘over-the-counter’ (OTC) in nature. Mostly are dealt with in cash. Because of its unofficial and OTC nature, there are no rules around it. They are done among a smaller group of people. So Mrs Bector’s listing price will depend on the grey market premium.

How are Mrs Bector shares being allotted?

If Mrs Bector’s IPO is oversubscribed, the shares will be distributed proportionately among retail investors so that each retail investor gets one lot minimum. This is done on a lottery basis, so there cannot be a guarantee that you will get the shares.  

Why did I not get Mrs Bector’s allotment?

There are multiple reasons why a retail investor may not get the allotment:

• Pure Luck: As mentioned earlier, shares are allotted on a lottery basis. In case of oversubscription, not everyone will be assigned shares.
• Information mismatch: If your Mrs Bector’s IPO application has any incomplete information or mismatch in your credentials
• If your bid price is not within the price band

Will my money come back if I don’t get Mrs Bector’s IPO allotment?

If you don’t get the allotment in Mrs Bector’s IPO, the amount will be unblocked, and you will be able to use the amount in your bank account. 

When will Mrs Bector’s IPO get listed?

Mrs Bector’s shares will get listed on BSE and NSE on December 28.