Mrs Bectors Food Specialities IPO is scheduled to open for subscription on Tuesday. The Rs 540-crore public issue will be sold in the price band of Rs 286-288 apiece. The IPO would consist of a fresh issue of Rs 41 crore and an offer-for-sale (OFS) of Rs 500 crore by the existing PE investors. Mrs Bectors Food Specialities raised Rs 162 crore from anchor investors ahead of its initial public offer opening on December 14. Ahead of IPO subscription, Mrs Bectors Food shares were seen trading with Rs 232-235 premium over the issue price of Rs 288 apiece in the grey market.