Burger King India Limited IPO
Mainboard₹15000 / 250 Shares
IPO Live Subscription Details
| Category | Subscription (Times) |
|---|---|
| Date | 2020-12-04 17:00:00 |
| QIBs | 86.65 |
| NII | 354.11 |
| Retail | 68.14 times |
| Total | 156.6 times |
Burger King India Limited IPO Details
The Burger King India Limited IPO price band is set between ₹59 - ₹60 per equity share, with a face value of ₹10 per share. The issue is managed by Link Intime India Private Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 2 Dec, 2020 and closes on 4 Dec, 2020. Investors can check the allotment status on 10 Dec, 2020, while the listing date is tentatively scheduled for 14 Dec, 2020.
The total issue size is 13,50,00,000 Eq Shares of ₹10 , aggregating up to ₹810.00 Crs. Stay tuned for the latest Burger King India Limited IPO review and GMP updates.
Burger King India Limited IPO Review, Rating & Analysis
Burger King India Limited IPO Review
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Burger King India Limited IPO Highlights
IPO Date
Dec 2, 2020 - Dec 4, 2020
Listing Date
14 Dec, 2020
Face Value
₹10 Per Equity Share
Price Band
₹59 - ₹60 per equity share
Lot Size
-
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
Burger King India Limited IPO Lot Size
The minimum market lot for Burger King India Limited IPO is 250 shares with an application amount of ₹15,000. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 250 | ₹15,000 |
| Retail (Max) | 13 | 3250 | ₹1,95,000 |
| S-HNI (Min) | 14 | 3500 | ₹2,10,000 |
| S-HNI (Max) | 66 | 16500 | ₹9,90,000 |
| B-HNI (Min) | 67 | 16750 | ₹10,05,000 |
Burger King India Limited IPO Timeline
Issue Price
₹59 - ₹60 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Link Intime India Private LtdLead Manager
CLSA India Private LimitedEdelweiss Financial Services LtdJM Financial Consultants Private LimitedKotak Mahindra Capital Company LimitedIssue Size
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)Burger King India Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 20 | 1177.11 | 151.65 | (118.94) | - | - | - |
| 31 Mar 20 | 1197.70 | 846.82 | (76.57) | - | - | - |
| 31 Mar 19 | 920.47 | 644.13 | (38.27) | - | - | - |
| 31 Mar 18 | 730.35 | 388.73 | (82.23) | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- QSR Asia Pte. Ltd
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 99.39% | 65% |
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.
Burger King India Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | 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 |
Frequently Asked Questions about Burger King India Limited IPO IPO
When will Burger King India Limited IPO open for subscription?
The Burger King India Limited IPO opens on 2 Dec, 2020 and closes on 4 Dec, 2020.
What is the investors portion for Burger King India Limited IPO?
The investors' portion for QIB is 86.65 x, NII is 354.11, and Retail is 68.14 x.
How to apply for Burger King India Limited IPO?
You can apply for Burger King India Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of Burger King India Limited IPO?
The issue size of Burger King India Limited IPO is approx ₹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) crores.
What is the price band of Burger King India Limited IPO?
The price band for Burger King India Limited IPO is ₹59 to ₹ ₹60 per equity share.
What is the lot size of Burger King India Limited IPO?
The minimum bid (lot size) for Burger King India Limited IPO is N/A shares with an investment of approx ₹15000 .
What is the allotment date of Burger King India Limited IPO?
The allotment date for Burger King India Limited IPO is 10 Dec, 2020.
What is the listing date of Burger King India Limited IPO?
The listing date for Burger King India Limited IPO is expected to be 14 Dec, 2020.
What is the GMP of Burger King India Limited IPO?
The latest Grey Market Premium (GMP) for Burger King India Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.