Burger King India Limited IPO | Analysis, date, details, IPO price

It’s a big announcement that Burger King’s IPO is coming in next few days. If anybody wants to invest, then this is best time to invest. Now, Burger King has been fixed the price band for its IPO. Burger king’s IPO will be issued to investors at a price range of Rs 60 to Rs 59.

Here are some important points of Burger King India Limited.

  • Burger King is the India’s fastest growing quick service restaurant chains.
  • It’s the second largest fast food burger brand with having 216 Burger-King restaurants and 8 Sub-Franchised Burger King restaurants.
  • Burger King has an exclusive right to organize, develop and operate Burger King branded restaurants in India.
  • Main aims is to cater the Indian tastes and preferences via adding new food offerings to its product portfolio.
  • Note that company establishes its branches in high traffic areas such as metropolitan areas network and cities across the country.

Know about when the IPO of Burger King will come: –
Burger King’s IPO will open for investment purpose on 2nd of December 2020. Investors will be able to invest their money in this IPO at that time. The IPO will be open for investment till 4th of December 2020. They can only apply for a minimum of 250 shares in this IPO. In case, you don’t have a demat account then you will not be able to invest in this IPO.In such a situation, if you really want to invest in this Burger King’s IPO then you need to open the demat account by 2nd of December. Note that the shares of the company will be listed on both NSE and BSE.

Burger King India Limited is raising 810 crores from its proposed IPO and there will be a fresh issue of Rs.450 crore.
The promoter company of QSR Asia Private Limited will sell 60 million shares. In case the IPO of Burger King gets a bid on the upper price band, then the company can get Rs 360 crore by selling these 6 crore shares.

Burger King is currently working on the plan to raise Rs 810 crore from this IPO. With this amount, Burger King will prepay to its debt in addition to opening the new restaurants in India. Also, this will help to reduce the debt burden on the company and will be more beneficial in the future. There is one more important things which we need to understand that Burger King has already raised Rs.92 crore from public market investor Amansa Investments before the IPO.

We have one more IPO which may be come in December:- Kalyan Jewelers IPO
According to the draft red herring prospectus which is submitted with SEBI, the company is raising Rs.1750 crore. Due to this,the company will issue fresh shares worth Rs.1000 crores. Apart from this, the company will also bring an offer for sale of Rs.750 crore. At the same time, ESAF (Small Finance Bank) is also going to bring an IPO of Rs.1000 crore in December. In this, the company’s existing shareholders PI Venture and Bajaj Allianz Life will sell shares worth Rs.200 crore. At the same time, the company will also issue fresh shares worth Rs 800 crore.

2 thoughts on “Burger King India Limited IPO | Analysis, date, details, IPO price

  • December 1, 2020 at 11:18 am

    I will try to buy the same.


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