Devyani International Limited IPO

Devyani International Limited IPO is listed on BSE and NSE, priced at ₹86–₹90 per share. The stock debuted at ₹140.9, delivering a listing gain of 56.6%. The IPO had a lot size of ₹165 shares and a minimum investment of ₹14,850.

Devyani International Limited IPO

Mainboard Listed
₹14,850 (165 Shares)
Minimum Investment
Check Allotment
IPO Dates
Aug 4, 2021 – Aug 6, 2021
Price band
₹86-90 per equity share
Minimum Investment
₹14,850
Issue size
₹1,838 crore Fresh Issue : ₹440 crore Offer for Sale : 15.5 crore eq. Sh. Approximately
Lot size
165
Allotment Date
Aug 11, 2021
Listing
Aug 16, 2021
Listing At
BSE, NSE

IPO timeline

  1. Aug 4, 2021

    Open Date

    Completed

  2. Aug 6, 2021

    Close Date

    Completed

  3. Aug 11, 2021

    Allotment Date

    Completed

  4. Aug 16, 2021

    Listing Date

    Completed

Price Summary

Last closing
117.91 (31.01%)
52 week high
191.00
52 week low
91.55
Last update

Devyani International Limited IPO Essentials

Devyani International Limited IPO Details

Devyani International Limited IPO is priced at ₹86-90 per share with a total issue size of ₹1,838 crore Fresh Issue : ₹440 crore Offer for Sale : 15.5 crore eq. Sh. Approximately. The IPO has a lot size of 165 shares and is listed on BSE and NSE.

Issue price
₹86-90 per equity share
Lot size
165 shares
Face value
₹1 Per Equity Share 
Issue size
₹1,838 crore
Fresh Issue : ₹440 crore
Offer for Sale : 15.5 crore eq. Sh. Approximately
Listing at
BSE, NSE
List price
140.90 (NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
CLSA India Private Limited, Edelweiss Financial Services Ltd, Kotak Mahindra Capital Company Limited, Motilal Oswal Investment Advisors Pvt Ltd

Devyani International Limited IPO Details

  • Retail Portion 10%

Devyani International Limited IPO Documents

Devyani International Limited IPO Analytics

Devyani International Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Devyani International Limited IPO Subscription Status

Devyani International Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
Retail Employee Total
Shares Offered / Reserved 611,01,666
305,50,832
203,67,221 5,50,000 1125,69,719
Day 1 04-08-21 05:00 PM
0.77 x
0.77x
11.36 x 1.56 x 2.69 x
Day 2 05-08-21 05:00 PM
1.32 x
6.36x
22.95 x 3.10 x 6.61 x
Day 3 06-08-21 08:00 PM
95.28 x
213.06x
39.52 x 4.69 x 116.70 x
Total No. of Applications
category wise applications
3823578 (Approx) 30.98

Devyani International Limited Valuations

Earnings

EPS (Post IPO)
₹(0.48)/-
P/E Ratio
(187.35))

Returns

RoNW
(48.52)%

Data sourced from DRHP / RHP • For educational purposes only

Devyani International Limited Financials( In Crs.)

31-Mar-21 31-Mar-20 31-Mar-19
Assets 1,668.40 1,883.57 1,807.49
Revenue 1,198.89 1,535.04 1,323.68
Profit After Tax (81.32) (78.75) (59.29)

Devyani International Limited Company & Offer Insights

About Devyani International Limited

Devyani International Ltd is the largest franchisee of Yum Brands and among the largest quick-service restaurants (QSR) chain operators in India with 655 stores across 155 cities all over the country as of Mar 31, 2021. Yum Brands Inc operates many fast food brands i.e. Pizza Hut, KFC, and Taco Bell brands.

It operates 3 business verticals; 1. Core Brands (KFC, Pizza Hut, and Costa Coffee stores in India), 2. International Business (stores in foreign countries i.e. Nepal and Nigeria), and 3. Other Businesses (own branded stores i.e. Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar).Initially, the business started with a Pizza Hut store in Jaipur but subsequently expanded operations in both KFC and Pizza hut, as of March 31, 2021, it operates 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India.

Devyani International Limited Promoter(s)

Ravi Kant Jaipuria, Varun Jaipuria, RJ Corp Limited are the company's promoters of Devyani International Limited.

Devyani International Limited IPO Issue Objectives

Repayment and/or prepayment of company's borrowings fully or partially.
General corporate purposes.

Devyani International Limited IPO - Anchor Investors

KFC, Pizza Hut operator Devyani International raises Rs 824.87 crore from anchor investors ahead of IPO
Prominent investors who participated in the anchor book include Abu Dhabi Investment Authority, Fidelity Funds, Goldman Sachs, Government of Singapore, Monetary Authority of Singapore, Mirae Asset, Nomura Trust, Private Client Emerging Markets Portfolio, NS Partners Trust, Neuberger Berman Investment, Kuwait Investment Authority Fund, Vantagetrust, Best Investment Corporation, CLSA, Carmignac Portfolio, and Affin Hwang Select Asia Quantum Fund.
General Insurance, Bajaj Allianz Life Insurance, SBI Life Insurance, Aditya Birla Sun Life Insurance, Sundaram Mutual Fund, ICICI Prudential, Tata Mutual Fund, and HDFC Life Insurance also participated in the anchor book.

Devyani International Limited IPO - Peers Comparison

P/B Ratio P/E Ratio RoNW Revenue(in Cr.)
Devyani International Limited N/A N/A 48,52% 1,198.89
Jubilant Foodworks Limited 27.72 176 15.61% 3,996.89
Westlife Development Limited 17.05 (81.7) (0.08)% 1,030.33
Burger King India Limited 10.13 (32.3) (8.1)% 846.82

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Devyani International Limited IPO is a book-built IPO worth ₹1,838 crore Fresh Issue : ₹440 crore Offer for Sale : 15.5 crore eq. Sh. Approximately. The price band is ₹86–₹90 per share. The IPO opens on Aug 4, 2021 and closes on Aug 6, 2021. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Devyani International Limited IPO is ₹86 to ₹90 per share.

The lot size of Devyani International Limited IPO is 165 shares.

The minimum investment for Devyani International Limited IPO is approximately ₹14,850 based on the upper price band .

Devyani International Limited IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.

The allotment date of Devyani International Limited IPO is Aug 11, 2021.

Devyani International Limited IPO is expected to be listed on Aug 16, 2021, on BSE and NSE .

Devyani International Limited IPO listed on Aug 16, 2021. It was issued at ₹140.90 (NSE) and is currently around ₹117.91 as on 14-May-2026 3:30 PM, which is approximately 31.0% versus issue price. The 52-week high is ₹191.00.

Based on listing and post-listing performance, Devyani International Limited IPO delivered around 31.0% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Devyani International Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Devyani International Limited IPO valuation snapshot: P/E (187.35)), EPS ₹(0.48)/-, P/B N/A, RoNW (48.52)%, and market cap N/A.

To apply for Devyani International Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Devyani International Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Devyani International Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Devyani International Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Devyani International Limited IPO allotment status on IPO Ji for quick and easy access.