PuneinvestPuneinvest
  • Mutual Fund
  • Fixed Deposit
  • SIP Cancellation
  • Capital Gain Bond
  • Web Stories
  • Financial Planning
Reading: IPO Burger King India Ltd
Share
Aa
PuneinvestPuneinvest
Aa
  • Mutual Fund
  • Fixed Deposit
  • SIP Cancellation
  • Capital Gain Bond
  • Web Stories
  • Financial Planning
Search
  • Mutual Fund
  • Fixed Deposit
  • SIP Cancellation
  • Capital Gain Bond
  • Web Stories
  • Financial Planning
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Puneinvest > Blog > IPO > IPO Burger King India Ltd
IPO

IPO Burger King India Ltd

Last updated: 2022/03/28 at 12:34 PM
Rajendra Todkar Published November 30, 2020
Share
- Advertisement -

IPO of Burger King opens from 2 Dec 2020. Price band of issue is 59-60.  The fresh issue has an offer for sale of 135,000,000 equity share of face value 10 aggregating upto a 810 Cr.  

Contents
IPO RegistrarBurger King IPO Time Line

IPO Registrar

Link Intime India Private Ltd

C-101, 1st floor, 247 Park, LBS Marg, Vikroli (West) Mumbai 400 083.

email – burgerking.ipo@linkintime.co.in

- Advertisement -

Contact Person – Shanti Gopalkrishanan

Allotment Link

Burger King IPO Time Line

Issue Open Date 2 Dec 2020
Issue Close Date04 Dec 2020
Basis of Allotment09 Dec 2020
Initiation of Refund10 Dec 2020
Credit of Shares in DP11 Dec 2020
Burger King IPO Share Listing Date14 Dec 2020

About Company:

Founded in 1954, Burger King is a second largest fast food hamburger chain in the world with around 18000 restaurants operating in more than 100 countries.

Burger King is already a 261 restaurants across 57 cities. Outlets can be found at strategically handpicked locations such as metro stations and key shopping-dining hotspots. Burger King plans to open another 700 restaurants approximately Dec 2026 

Burger King – Financial Performance

 

  FY 2018 FY 2019 FY 2020 FY 2021 – H1
Revenue 388.7 Cr 644.1 Cr 846.8 Cr 151.7 Cr
Expenses 471 Cr 682.4 Cr 919 Cr 268.5 Cr
Net Income -81.4 Cr -38.6 Cr -77.6 Cr -119 Cr
Net Margin -20.9 -6.0 -9.2 -78.4

The Offer comprises of a Fresh Issue and an Offer for Sale

Offer for Sale
The Promoter Selling Shareholder will be entitled to the proceeds of the Offer for Sale net of its proportion of Offer related expenses. Company will not receive any proceeds from the Offer for Sale. Except for listing fees which shall be solely borne by our Company.

Fresh Issue
The Net Proceeds from the Fresh Issue are proposed to be utilised in the following manner:
1. Funding roll out of new Company-owned Burger King Restaurants by way of:
(i) Repayment or prepayment of outstanding borrowings of our Company obtained for setting up of new Company-owned Burger King Restaurants; and
(ii) Capital expenditure incurred for setting up of new Company-owned Burger King Restaurants.
2. General corporate purposes.
In addition to the aforementioned objects, Company intends to strengthen its capital base and expects to receive the benefits of listing of the Equity Shares on the Stock Exchanges, including among other things, enhancing the visibility of brand and  creation of a public market for Equity Shares in India.

Burger King IPO Details

Issue Open Date02 Dec 2020
Issue Close Date04 Dec 2020
Issue Price Band59-60
Minimum Application Size250 equity share
Maximum Application Size3250 equity share (Rs. 195,000)
Face ValueRs 10
Listing OnNSE & BSE

Burger King IPO GMP

GMP – Rs. 30-35

Kostak – Rs. 350

You Might Also Like

Avenue Supermarts Ltd (DMart)

IPO Note – Aether Industries Ltd

IPO Note -ETHOS Ltd

IPO Note – eMudhra Ltd

IPO Note – Paradeep Phosphates Ltd

IPO Note – Venus Pipes & Tubes Ltd

IPO Note – Delhivery Ltd

IPO Note – Prudent Corporate Advisory

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share this Article
Facebook Twitter Email Copy Link Print
Previous Article NCD Issue Muthoottu Mini Financiers Ltd – Nov 2020
Next Article uti small cap UTI Small Cap Fund
- Advertisement -

Latest Post

  • New Fund Offer: Axis Business Cycle Fund
  • Stock Market Indices: Understanding Nifty, Sensex, and Other Indexes
  • The Time and Money You Need for 1 Crore via Mutual Fund SIP
  • BNPL vs Credit Cards: Which is Right for You?
  • Amazon Pay Later Review

Category

  • BNPL
  • Bonds
  • Calculators
  • Capital Gain Bond
  • Child Planning
  • Credit Card
  • Featured
  • Financial Planning
  • Fixed Deposit
  • Gold
  • health Insurance
  • IPO
  • MF SIP
  • Mutual Fund
  • Mutual Fund Overview
  • Mutual Fund Service
  • NCD
  • New Fund Offer
  • Post Office
  • Retirement Planning
  • Tax Free Bonds
  • Tax Saving Scheme

You Might Also Like

Avenue Supermarts Ltd (DMart)

January 1, 2023
Ipo update aether ind
IPO

IPO Note – Aether Industries Ltd

May 22, 2022
Ipo update
IPO

IPO Note -ETHOS Ltd

May 18, 2022
Ipo update
IPO

IPO Note – eMudhra Ltd

May 17, 2022
Ipo update
IPO

IPO Note – Paradeep Phosphates Ltd

May 13, 2022
Ipo update
IPO

IPO Note – Venus Pipes & Tubes Ltd

May 11, 2022
Ipo note delhivery ltd
IPO

IPO Note – Delhivery Ltd

May 10, 2022
Ipo update
IPO

IPO Note – Prudent Corporate Advisory

May 10, 2022
Show More

© 2011 Puneinvest. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?