Ms Bectors Food IPO is very much alive now and is expected to do well for those who are buying first public offerings. However, did you know that Ms. Bectors Food has also been linked to another major company listed on the stock market successfully? Speaking of Burger King, of course, its prices have gone up after being listed on Monday and are expected to do well going forward. So, what is the connection between Mrs. Bectors Food and Burger King? Read on:
Ms Bectors Food is also the largest supplier of buns in India known as QSR chains. And yes, one such company is none other than Burger King India Limited. It also offers Cononnaught Plaza Restaurants Private Limited, Hardcastle Restaurants Private Limited, and Yum! Restaurants (India) Private Limited.
Want to know more? Then here are some delicacies that will make your mouth full of self-control:
Bectors Food Specialties Ltd (MBFS) has a market share of 4.5%, according to the Technopak Report. The company also produces a market range of biscuits such as cookies, creams, crackers, food processors and sugar under the prestigious brand ‘Mrs. Bector’s Cremica ‘. Its offerings also include sweet and savory baking products such as breads, buns, pizza bases and cakes under the ‘English Oven’ brand.
MBFS caters to retailers in 26 countries (with 748 distributors supplying 458,000 retail outlets and 4,422 popular stores) in India, pan-India corporate clients and 64 countries on all six continents from -FY2020.