Devyani International IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents
- About Devyani International
- Important Details – Devyani International
- Objects of the Issue
- Devyani International Limited Financials:
- Devyani International IPO Price – Details
- Devyani International IPO DRHP & RHP
- Devyani International IPO Lot Size
- Devyani International IPO Lead Managers
- Devyani International Registrar
- Company Promoters
- Devyani International IPO Allotment Date, Listing Date and other Important Dates
- Company Corporate Office
- Company Registered Office
- Devyani International IPO – FAQS
About Devyani International
Devyani International is the largest franchisee of Yum Brands in India and are among the largest operators of chain quick service restaurants (“QSR”) in India, on a non-exclusive basis, and operate 655 stores across 155 cities in India, as of March 31, 2021, and 696 stores across 166 cities in India, as of June 30, 2021. Yum Brands Inc. operates brands such as KFC, Pizza Hut and Taco Bell brands and has presence globally with more than 50,000 restaurants in over 150 countries, as of December 31, 20201. In addition, Devyani International is a franchisee for the Costa Coffee brand and stores in India.
The business is broadly classified into three verticals that includes stores of KFC, Pizza Hut and Costa Coffee operated in India (KFC, Pizza Hut and Costa Coffee referred to as “Core Brands”, and such business in India referred to as the “Core Brands Business”); stores operated outside India primarily comprising KFC and Pizza Hut stores operated in Nepal and Nigeria (“International Business”); and certain other operations in the F&B industry, including stores of the own brands such as Vaango and Food Street (“Other Business”).
Important Details – Devyani International
| Date | Details |
|---|---|
| December 13, 1991 | The company was originally incorporated as ‘Universal Ice Creams Private Limited’ at New Delhi as a private limited company |
| June 7, 2000 | The name of the company was changed to ‘Devyani International Private Limited’ |
| May 9, 2005 | The company was converted into a public limited company and consequently the name of the company was changed to ‘Devyani International Limited’ |
Objects of the Issue
- Repayment/prepayment of all or certain of our borrowings; and
- General corporate purposes.
Devyani International Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in million) | ||
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Assets | 16,684.07 | 18,835.76 | 18,074.90 |
| Total income | 11,988.95 | 15,350.41 | 13,236.83 |
| Profit After Tax | (813.24) | (787.52) | (592.90) |
Devyani International IPO Price – Details
| Description | DEVYANI IPO Details |
|---|---|
| Public Issue | Initial Public offer of [.] Equity Shares of ₹ 1 (aggregating up to ₹ 1,838 Cr) comprising a Fresh Issue [.] Eq Shares of ₹ 1 (aggregating up to ₹ 440 Cr) and an Offer for Sale of up to 155,333,330 equity shares (aggregating up to ₹ 1,398 Cr) |
| Issue Open Date | 04-Aug-21 |
| Issue Close Date | 06-Aug-21 |
| Issue Type | Book Building |
| IPO Price Band | ₹ 86 – ₹ 90 |
| Face Value | ₹ 1 |
| Market Lot | 165 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 165 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE, BSE |
| NSE Symbol | DEVYANI |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
Devyani International IPO DRHP & RHP
Devyani International IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 165 | ₹ 14,850 |
| Maximum | 13 | 2145 | ₹ 1,93,050 |
Devyani International IPO Lead Managers
- CLSA India Private Limited
- Edelweiss Financial Services Limited
- Kotak Mahindra Capital Company Limited
- Motilal Oswal Investment Advisors Limited
Devyani International Registrar
Company Promoters
- Ravi Kant Jaipuria,
- Varun Jaipuria and
- Rj Corp Limited
Devyani International IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 04-Aug-21 |
| Bid / Offer Closes on | 06-Aug-21 |
| Finalisation of Basis of Allotment | 11-Aug-21 |
| Initiation of refunds | 12-Aug-21 |
| Credit of the Equity Shares | 13-Aug-21 |
| Commencement of trading – Listing | 16-Aug-21 |
Company Corporate Office
Plot No. 18, Sector-35,
Gurugram 122 004,
Haryana, India;
Company Registered Office
F-2/7, Okhla Industrial Area,
Phase-I, New Delhi 110 020,
India; Tel: 011 4170 6720
Devyani International IPO – FAQS
When Devyani International IPO will open ?
The Devyani International IPO opens on Aug 04, 2021 and closes on Aug 06, 2021
What is the lot size of Devyani International IPO ?
The Devyani International IPO lot size is 165 Shares and the minimum order quantity is 165 Shares.
What is the price band for Devyani International IPO ?
The Devyani International IPO price band at ₹ 86 – ₹ 90 per share
Who is the Registrar for Devyani International IPO ?
The Registrar is Link Intime India Private Limited
How to apply in Devyani International IPO through UPI?
Check the step by step process here – Click here
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