IPO Status: Closed [2nd Dec 2020 to 4th Dec 2020]
Burger King IPO, a fast-food quick-service restaurant chain IPO is opening date from 2nd Decemberto 4th December. It is a Book Building IPO that price range is Rs.59 - Rs.60 per share and IPO lot size is 250 shares. The face value of Burger King's share is Rs. 10 and the IPO floor price is 5.9 times and the cap price is 6 times the face value. Stay updated with us to know Burger King IPO key dates, IPO lot size, issue price, DRHP, RHP, company overview, strengths, weakness, financials, and more.
Burger King India Limited is one of the fastest growing international Quick Service Restaurant (QSR) chain in India. With having the national franchise rights in India, Burger King India Limited aims to establish, develop, and operate the company-owned Burger King restaurant chains in India.
Since its inception in 2014, company has significantly expanded its network through establishing new restaurants. As on 30 June 2019, it has 202 restaurants including 7 Burger King restaurants across 16 states and Union territories and 47 cities across India. Burger King targets high trafficking locations in metropolitan areas and cities to develop new restaurants to attract a large customer base with easy visibility.
The key objectives of Burger King IPO is to raise funds for following reasons;
|Category||No. of Shares||Upper end ₹ in Cr||%|
Burger King IPO details includes issue size, issue price, discount information, minimum and maximum order quantity, promoters holding details, NSE and BSE code.
|Burger King Issue Details||Values|
|IPO Issue Type:||Book Built Issue IPO|
|IPO Issue Size:||₹810 Crore|
|Offer for Sale:||60000000 shares at ₹60 each [Aggregating to ₹360 Crore]|
|Fresh Issue:||75000000 shares at ₹60 each [Aggregating to ₹450 Crore]|
|Face Value:||₹10 Per Equity Share|
|IPO Issue Price:||₹59-60|
|Market Lot:||250 Shares|
|Min Retail Qty:||250 shares (1 lot)|
|Max Retail Qty:||3250 Shares (13 lots)|
|Promoter Holding Pre IPO:||99.39%|
|Promoter Holding Post IPO:||60.08%|
|IPO Listing At:||BSE, NSE|
The table below is live update of IPO bidding details from NSE and BSE.
|# of Shares Offered||40,423,729||20,440,677||13,627,118||74,491,524||1||2nd Dec 2020 17:02||0.17x||0.71x||15.54x||3.13x||2||3rd Dec 2020 17:02||2.70x||3.61x||37.84x||9.38x||3||4th Dec 2020 17:02||86.64x||354.11x||68.15x||156.65x|
Past performance and financial results of Burger King.
|Burger King IPO Financials||30-Sep-2020||31-Mar-2020||31-Mar-2019||31-Mar-2018|
|Total Assets||₹1,177.12 Cr||₹1,197.7.1 Cr||₹920.47 Cr||₹730.36 Cr|
|Total Income||₹151.65 Cr||₹846.83 Cr||₹644.13 Cr||₹388.74 Cr|
|Net Profit/Loss||₹(118.95) Cr||₹(76.57) Cr||₹(38.28) Cr||₹(82.24) Cr|
In this section we have covered all important dates related to Burger King IPO. Dates are updated as they are announced. The most noted dates are IPO start date and IPO end date, which one should use to participate in IPO.
|IPO Issue Open Date||2nd Dec 2020|
|IPO Issue Close Date||4th Dec 2020|
|Basis of Allotment Finalisation Date*||9th Dec 2020|
|Refunds Initiation*||10th Dec 2020|
|Credit of Shares to Demat Account*||11th Dec 2020|
|IPO Listing Date*||14th Dec 2020|
* - Tentative Dates
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Burger King IPO DRHP >>Document
Burger King IPO RHP >>Document
Burger King IPO Allotment Status >>Link
Last Updated on 2021-01-31T23:46:24+00:00
Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. To purchase Burger King IPO with Zerodha, you must be Zerodha customer and have UPI payment setup. For more details please visit detailed article Step by Step Guide to apply Burger King IPO with Zerodha.
Alternate approch to apply in Burger King IPO is ASBA. You can use Zerodha DP information and apply online via ASBA with your prefered net banking user id.
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To subscribe or apply in Burger King IPO, you can use the following methods:
|Burger King IPO Applying Mode||Method||Details|
|Online Application||3-in-1 Trading Account|
If your broker is 3-in-1 service provider, you can apply in Burger King IPO directly with your brokers website. Example HDFC Securities, ICICI Direct, AxisDirect are 3-in-1 brokers provide you direct IPO investment.
|Online Application||2-in-1 Trading Account|
Brokers like Zerodha, TradeSmart Online provides access to applying in Burger King IPO with their in-house developed platform. You need to apply in IPO via UPI payment method. You must have access of your UPI mandate to apply in IPO online.
This is one of the most popular mode of applying in Burger King IPO. Most of the Syndicate Banks provide access to apply in Burger King IPO via ASBA process. You must have your net banking access, DP ID information to apply in Burger King IPO via ASBA. Bank like Axis, SBI allows you to apply maximum 5 application from one bank account. However, ICICI, HDFC bank have limit of one IPO ASBA application per account.
|Offline Application||Physical Form|
You can apply in Burger King IPO via physical form, but not with ASBA. Physical Forms need to be filled using UPI mode of payment and need to approve the mandate of UPI with your registered phone number with your UPI provider. You can use BHIM app or banks mobile app who support UPI process like SBI, HSBC, Axis, ICICI, HDFC, Yes Bank, Citi Bank mobile app.
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Applying in Burger King IPO is very easy and quick process via ASBA. You can use your net banking user id and password to apply in IPO. In case you want to submit physical application, you can download Burger King IPO application online and submit to the nearest bank or to your broker. With new mandate from SEBI, all physical application need to use UPI mode of payment. In such case you have to setup UPI and provide your UPI information in physical application. Once your bank receives your application they will use UPI ID to block your money. You will get UPI mandate and need to approve the same to submit your application.
For more details on how to use UPI payment method to apply Burger King IPO, please refer article >> Link
Steps to download the online application form for Burger King IPO
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Burger King IPO is going to be list on 14-12-2020.
Other relevant questions:When Burger King IPO will be listing? Burger King IPO listing date?Burger King IPO date of listing
Burger King IPO Allotment Date is 9-12-2020.
Other relevant questions:Burger King IPO share allotment date?Burger King IPO allotment date?