Burger King IPO Review and Details

IPO details – Find IPO Date, Price, Live Subscription, Allotment, Grey Market Premium, Listing Date, Analysis and Review.

Burger King IPO
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Burger King India Limited operates as a restaurant. The Company prepares and distributes ready to eat food products such as burgers, fries, and beverages. Burger King India serves customers in India. Burger King is the India’s fastest growing quick service restaurant chains. This is second largest fast food burger brand having 216 Burger-King restaurants and 8 Sub-Franchised Burger King restaurants.

Objects of the Issue:

Net proceed from the IPO will be used towards finance the roll-out of new company-owned Burger King Restaurants and to meet the general corporate purposes.

BUSINESS SEGMENTS:

Consumer DiscretionaryThe Company Burger King India prepares and distributes ready to eat food products such as burgers, fries, and beverages to customers in India.

Burger King India Limited IPO Details Snapshot:

IPO Subscription DatesDec 2, 2020 – Dec 4, 2020
Price Band₹59 to ₹60 per equity share
Issue Size₹810.00 Cr
Fresh issue₹450.00 Cr
Offer For Sale (OFS)₹360.00 Cr
Minimum bid (lot size)250 Shares
Face Value ₹10 per equity share
Listing AtNSE, BSE

IPO Tentative Date and Timetable:

Bid/Offer Open dateDec 2, 2020
Bid/Offer Close dateDec 4, 2020
Finalisation of Basis of AllotmentDec 9, 2020
Initiation of RefundsDec 10, 2020
Credit of Shares to Demat AccountDec 11, 2020
IPO Share Listing DateDec 14, 2020

IPO Lot Size and Price Detail :

Application LotsSharesAmount (Cut-off)
Minimum 1250₹15,000
Maximum 133250₹195,000

Burger King India Limited company Details

PROMOTERSQSR Asia Pte. Ltd is the promoter of the company.
SECTORConsumer Discretionary
INDUSTRY Consumer Discretionary Services
SUB-INDUSTRY Leisure Facilities & Services
FOUNDED 11/11/2013
WEBSITE www.burgerking.in , www.burgerkingindia.in

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