IPO

Burger King India Limited IPO

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Hotel, Resort & Restaurants

Listed On: Dec 14, 2020 at ₹ 112.5

₹ 15000 /250 Shares

Check Allotment

02 Dec, 2020

Open Date

04 Dec, 2020

Close Date

10 Dec, 2020

Allotment Date

14 Dec, 2020

Listing Date
Price Summary

Last Closing

66.51 (10.85%)

52 Week High

89.50

52 Week Low

59.40

Last Update

19-Dec-2025 3:30 PM
IPO Live Subscription Details
QIB 86.65x
Retail 68.14x
NIIs 354.11x
Retail 68.14x
Total 156.6x
Last updated: 2020-12-04 17:00:00
IPO Issue Details
  • Issue Price ₹59 - ₹60 per equity share
  • Face Value ₹10 Per Equity Share 
  • Issue Price 13,50,00,000 Eq Shares of ₹10 (aggregating up to ₹810.00 Crs)

    # Fresh Issue:75,000,000 Eq Shares of ₹10 (aggregating up to ₹450.00 Cr)

    # Offer for Sale:60,000,000 Eq Shares of ₹10 (aggregating up to ₹360.00 Cr)
  • Listing at BSE, NSE
  • List Price 112.5
  • Listing Date 2020-12-14
  • Lead Manager CLSA India Private Limited
    Edelweiss Financial Services Ltd
    JM Financial Consultants Private Limited
    Kotak Mahindra Capital Company Limited
  • Registrar Link Intime India Private Ltd
IPO Details
  • Retail Portion 10%
IPO Documents
DRHP
RHP
IPO Details


The IPO of is priced at ₹59 - 60 per equity share, which has a face value of ₹10 Per Equity Share  each, IPO bidding starts from Dec 2, 2020 and ends on Dec 4, 2020. The allotment for IPO will be finalized on Dec 10, 2020. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 14, 2020. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

The book-running lead manager for the IPO is/are CLSA India Private Limited, Edelweiss Financial Services Ltd, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited.


The IPO sets its price band at 59 - 60 for each share. A single application for Burger King India Limited IPO must contain at least 250 shares.

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IPO Subscription Analysis And Details
Retail
68.14x
QIB
86.65x
NII
354.11x
Total
156.65x
As on QIB NII Retail Total
Shares Offered / Reserved 40,423,729 20,440,677 13,627,118 74,491,524
Day 1 02-12-20 05:00 PM
0.17 x 0.71 15.54 x 3.13 x
Day 2 03-12-20 05:00 PM
2.70 x 3.61 37.84 x 9.38 x
Day 3 04-12-20 05:00 PM
86.65 x 354.11 68.14 x 156.65 x
Valuations
Earnings Per Share (EPS) ₹(2.03)/-
P/E Ratio (29.52)
RoNW (27.80)%
Net Asset Value (NAV) - Post Issue ₹7.62
Company Financials
In Crs.
In Cr.
30-Sep-20 31-Mar-20 31-Mar-19 31-Mar-18
Assets 1,177.11 1,197.70 920.47 730.35
Revenue 151.65 846.82 644.13 388.73
Profit After Tax (118.94) (76.57) (38.27) (82.23)
About Company

Burger King is the India's fastest growing quick service restaurant chains. It is the second largest fast food burger brand with having 216 Burger-King restaurants and 8 Sub-Franchised Burger King restaurants.

It has an exclusive right to establish, develop, and operate Burger King branded restaurants in India. It aims to cater to the Indian tastes and preferences through adding new food offerings to its product portfolio. Company establishes its branches in high traffic areas in key metropolitan areas and cities across the country.

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- Promoter(s)

QSR Asia Pte. Ltd

Pre Issue Share Holding : 99.39%

Post Issue Share Holding : 65%

IPO - Issue Objectives
1

To finance the roll-out of new company-owned Burger King Restaurants.

2

To meet the general corporate purposes.