Woman entrepreneur makes it big in India with top-class oversubscribed IPO! Mrs. Rajni Bector started her bakery with a meager amount of one dollar in a city named Ludhiana in northern India in 1978. She started by making ice creams, bread, and cakes in the garage in her home. Now her bakery is a brand by the name of English Oven.

She floated an initial public issue(IPO) of Rs.541 crore (US. $73585142.90 ). The offer closed yesterday on the 17th of December 2020. The issue was oversubscribed 198 times. It is called the most successful IPO in the year2020.

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Dr. Preeti Singh

Dr. Preeti Singh

Doctorate in Finance, Professor, Author, I write about Life’s experiences, edutech. 7xTop writer.

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