Devyani International Limited IPO Details

Devyani International IPO Date, Price, GMP, Review, Allotment, Subscription, Analysis & Documents

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

DateDetails
December 13, 1991The company was originally incorporated as ‘Universal Ice Creams Private Limited’ at New Delhi as a private limited company
June 7, 2000The name of the company was changed to ‘Devyani International Private Limited’
May 9, 2005The 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

  1. Repayment/prepayment of all or certain of our borrowings; and
  2. 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 IssueInitial 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  Date04-Aug-21
Issue Close Date06-Aug-21
Issue TypeBook 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 InvestorRs. 2,00,000
Listing NSE, BSE
NSE SymbolDEVYANI
IPO Market Timings 10.00 a.m. to 5.00 p.m.

Devyani International IPO Lot Size

ApplicationLotsNo of SharesAmount (Rs)
Minimum1165 ₹ 14,850
Maximum132145₹ 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

DetailsDate
Bid / Offer Opens on04-Aug-21
Bid / Offer Closes on06-Aug-21
Finalisation of Basis of Allotment11-Aug-21
Initiation of refunds 12-Aug-21
Credit of the Equity Shares13-Aug-21
Commencement of trading – Listing16-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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