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Devyani International Limited IPO

Devyani International Limited IPO

IPO Date :
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Listing Date :
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Listed Price: ₹ 140.90 (+56.56%)

Devyani International Limited's achieved publicly listed status following its IPO debut on 16-08-2021 at the NSE, BSE platform. The offering successfully mobilized 20,42,22,218 Shares, with 4,88,88,888 Shares allocated to corporate growth initiatives and ₹1398.00 Cr providing liquidity to existing shareholders.

Investment participation occurred within the established price band of ₹86 to ₹90, starting from minimum lots of 165 shares. The subscription window from 04-08-2021 through 06-08-2021 enabled investor participation across market segments.

Share allocation was completed on 11-08-2021, determining ownership distribution among successful applicants. The listing represents a milestone achievement, transitioning the company to regulated public market status with associated responsibilities and opportunities.

Devyani International IPO Details
Lot(s) Distribution

Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.

IPO Reservation
Devyani International IPO Key Performance Indicator
Company Financials ( In Lakhs )

Devyani International IPO About Company

Incorporated in 1991, Devyani International Ltd is one of India’s largest quick-service restaurant (QSR) chain operators and the biggest franchisee of Yum Brands, operating 655 stores across 155 cities as of March 31, 2021. The company manages three business verticals: Core Brands, including KFC, Pizza Hut, and Costa Coffee stores in India; International Business, with stores in countries like Nepal and Nigeria; and Other Businesses, featuring its own branded outlets such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar. Starting with a single Pizza Hut store in Jaipur, the company has expanded significantly, operating 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India as of March 2021.


Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."


Devyani International IPO Strength Factors

  1. Well-Known Brands: Offers a portfolio of popular QSR brands.
  2. Largest Yum Franchisee: Leading franchisee of Yum Brands in India.
  3. Cross-Brand Synergies: Leverages multiple brands for operational efficiency.
  4. Disciplined Finances: Strong focus on cash flow management.
  5. Extensive Store Network: Operates 264 KFC, 297 Pizza Hut, and 44 Costa Coffee outlets.

Devyani International IPO Risk Factors

NA


Devyani International IPO Lead Manager(s)

  • Clsa India Private Limited
  • Edelweiss Financial Services Limited
  • Kotak Mahindra Capital Company
  • Motilal Oswal Investment Advisors Limited

Devyani International IPO Promoter(s)

  1. Ravi Kant Jaipuria
  2. Varun Jaipuria
  3. RJ Corp Limited

Devyani International IPO Company Details

Devyani International Limited
Phone:
address:

Devyani International IPO Registrar

Link Intime India Private Limited
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Phone:

Devyani International IPO FAQs