Burger King IPO Details
Burger King IPO description – Burger King is one of the fastest growing international QSR (Quick Service Restaurant) chains in India during the first five years of our operations based on number of restaurants. As the national master franchisee of the BURGER KING® brand in India, it has exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India.
Since opening its first restaurant in November 2014, the company has used its well defined restaurant roll out and development process with the aim of growing quickly, consistently and efficiently into a pan-India QSR chain and capitalising on the growing market opportunity in India for QSR restaurants. As at 30 June 2019, it had 202 restaurants, including seven Sub-Franchised Burger King Restaurants, across 16 states and union territories and 47 cities across India. The company builds its restaurant network using a cluster approach and penetration strategy. It launches its brand from flagship locations in high traffic and high visibility locations in key metropolitan areas and cities across India and then develops new restaurants within that cluster. This approach helps it to efficiently manage its vertically managed and scalable supply chain and drive down costs.
Promoters of Burger King India – QSR Asia Pte LtdÂ
Burger King India IPO details | |
Subscription Dates | 2 – 4 December 2020 |
Price Band | INR59 – 60 per share |
Fresh issue | INR450 crore |
Offer For Sale | 60,000,000 shares (INR354 – 360 crore) |
Total IPO size | INR804 – 810 crore |
Minimum bid (lot size) | 250 shares |
Face Value | INR10 per share |
Retail Allocation | 10% |
Listing On | NSE, BSE |
Burger King’s financial performance (in INR crore) | ||||
 | FY2018 | FY2019 | FY2020 | H1 FY2021 |
Revenue | 388.7 | 644.1 | 846.8 | 151.7 |
Expenses | 471.0 | 682.4 | 919.0 | 268.5 |
Net income | -81.4 | -38.6 | -77.6 | -119.0 |
Net margin (%) | -20.9 | -6.0 | -9.2 | -78.4 |
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Burger King Contact Details
Burger King India Limited
Unit Nos.1003 to 1007, 10th Floor, Mittal Commercia
Asan Pada Rd, Chimatpada, Marol, Andheri (E), Mumbai 400 059Â
Phone:Â +91 22 7193 3047
Email:Â [email protected]
Website:Â www.burgerkingindia.in
Registrar of Burger King IPO
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
Lal Bahadur Shastri Marg, Vikhroli (West)
Mumbai – 400 083Â
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email:Â [email protected]
Website:Â http://www.linkintime.co.in
Valuation of Burger King (as of FY2020)
Earnings Per Share (EPS): -INR2.87
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): -27.8%
Net Asset Value (NAV): INR7.62 per share (as of 30 Sep 2020)
Burger King IPO Subscription Details
Category | Shares offered | Subscription (no. of times, at 5 PM) | ||
Day 1 | Day 2 | Day 3 | ||
QIB | 4,04,23,729 | 0.16 | 2.71 | 86.64 |
NII | 2,04,40,677 | 0.70 | 3.60 | 354.11 |
Retail | 1,36,27,118 | 15.54 | 37.80 | 68.14 |
 |  |  |  |  |
Total | 7,44,91,524 | 3.13 | 9.37 | 156.65 |
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Burger King IPO Allotment Status
Burger King IPO allotment status is now available on Link Intime’s website. Click on this link to get allotment status.
Listing Performance of Burger King
IPO Opening Date: 2 December 2020
IPO Closing Date: 4 December 2020
Finalisation of Basis of Allotment: 9 December 2020
Initiation of refunds: 10 December 2020
Transfer of shares to demat accounts: 11 December 2020
Listing Date: 14 December 2020
Opening Price on NSE: INR112.5 per share (up 87.5% from IPO price)Â
Closing Price on NSE: INR135 per share (up 125% from IPO price)
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Iam Gulam waheed i applied burgerking ipo through icici bank still now i have not received either shares or amount
[email protected] i applied for burger king shares in ipo after listing i have not received shares still now i have not received the amount which was invested #9908985600