Mrs Bectors, an Indian food manufacturer, has filed draft papers with markets regulator Securities and Exchange Board of India to raise an estimated 800 crore rupees ($113.3 million) through an initial public offering (IPO).
Listing of the equity shares will enhance Mrs Bectors’ visibility, brand and provide liquidity to its existing shareholders.
Indian financial services company IDFC Bank, peers Edelweiss Financial Services and IIFL Holdings will manage Mrs Bectors' IPO.
The equity shares will be listed on Bombay Stock Exchange and National Stock Exchange of India.