Devyani International Limited

Devyani International Limited IPO Review

Devyani International is the biggest franchisee of Yum Brands in India and is among the biggest administrators of chain fast assistance eateries (QSR) in India on a non-selective premise, and operates 655 stores across 155 urban areas in India, starting at 31 March 2021. Likewise, the organization is a franchisee for the Costa Coffee brand and stores in India.

The organization’s business is comprehensively arranged into three verticals that incorporates stores of KFC, Pizza Hut and Costa Coffee worked in India (“Core Brands”); stores worked outside India fundamentally involving KFC and Pizza Hut stores worked in Nepal and Nigeria (“International Business”); and certain different activities in the F&B business, including stores of its own brands like Vaango and Food Street (“Other Business”). Income from the Core Brands Business and International Business addressed 94.2% of its income from tasks in FY2021.

Subscription Dates

4 – 6 August 2021

Price Band

INR86 – 90 per share

Fresh issue

INR440 crore

Offer For Sale

155,333,330 shares (INR1,335.87 – 1,398 crore)

Total IPO size

INR1,775.87 – 1,838 crore

Minimum bid (lot size)

165 shares

Face Value 

INR1 per share

Retail Allocation

10%

Listing On

NSE, BSE

 

FY2019

FY2020

FY2021

Revenue

1,323.7

1,535.0

1,198.9

Expenses

1,394.8

1,646.5

1,338.2

Net income

-97.3

-107.2

-57.8

Margin (%)

-7.4

-7.0

-4.8

Earnings Per Share (EPS): -INR0.50

Price/Earnings (PE ratio): NA

Return on Net Worth (RONW): -48.52%

Net Asset Value (NAV): INR1.03 per share

Date

Devyani IPO GMP

Kostak

Subject to Sauda

14 August 2021

INR55

13 August 2021

INR50

12 August 2021

INR45

11 August 2021

INR40

INR1,800

10 August 2021

INR50

INR3,500

9 August 2021

INR40

INR4,000

7 August 2021

INR55

INR4,000

Listing Performance of Barbeque Nation Hospitality Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Devyani International Limited

Aug 16, 2021

90

123.35

37.06

NSE : DEVYANI

BSE : 543330

ISIN CODE : INE872J01023

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IPO Opening Date: 4 August 2021

IPO Closing Date: 6 August 2021

Finalisation of Basis of Allotment: 11 August 2021

Initiation of refunds: 12 August 2021

Transfer of shares to demat accounts: 13 August 2021

Listing Date: 16 August 2021

Opening Price on NSE: INR140.9 per share (up 56.56% from IPO price)

Closing Price on NSE: INR122.6 per share (up 36.22% from IPO price)

Devyani International Limited

Plot No. 18, Sector-35,

Gurugram 122 004, Haryana

Phone: +91 011 4170 6720

Email: companysecretary@dil-rjcorp.com

Website: www.dil-rjcorp.com

Link Intime India Private Limited

C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg,

Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200

Fax: +91 22 4918 6195

Email: devyani.ipo@linkintime.co.in

Website: http://www.linkintime.co.in

Category

Shares offered

Subscription (no. of times, at 5 PM)

Day 1

Day 2

Day 3

QIB

6,11,01,666

0.77

1.32

95.27

NII

3,05,50,832

0.77

6.37

213.06

Retail

2,03,67,221

11.35

22.94

39.31

Employees

5,50,000

1.56

3.10

4.70

Total

11,25,69,719

2.69

6.61

116.67

Devyani International Limited IPO FAQ's

Devyani International IPO is a main-board IPO of  equity shares of the face value of ₹1 aggregating up to ₹1,838.00 Crores. The issue is priced at ₹86 to ₹90 per equity share. The minimum order quantity is 165 Shares.The initial public offering (IPO) begins on Aug 4, 2021 and ends on  Aug 6, 2021.The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.

The Devyani International IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.

Devyani International IPO lot size is 165 Shares and the minimum order quantity is 165 Shares.

Devyani International IPO applications can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.



The Basis of Allotment for Devyani International IPO will be done on Aug 11, 2021, and the allotted shares will be credited to your demat account by Aug 13, 2021. Check the Devyani International IPO allotment status.

The Devyani International IPO listing date is on Monday, August 16, 2021.

Devyani International Limited IPO Comments