Devyani International IPO Details

Devyani International IPODevyani International IPO description – Devyani International is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick service restaurants (QSR) in India on a non-exclusive basis, and operates 655 stores across 155 cities in India, as of 31 March 2021. In addition, the company is a franchisee for the Costa Coffee brand and stores in India.

The company’s business is broadly classified into three verticals that includes stores of KFC, Pizza Hut and Costa Coffee operated in India (“Core Brands”); 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 its own brands such as Vaango and Food Street (“Other Business”). Revenue from the Core Brands Business and International Business represented 94.2% of its revenue from operations in FY2021.

Promoters of Devyani International – Ravi Kant Jaipuria, Varun Jaipuria and RJ Corp Limited
Devyani International IPO details
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

Devyani International Financial Performance (in INR crore)

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

More about Devyani International IPO

Registrar of Devyani International IPO

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: [email protected]
Website: http://www.linkintime.co.in

Devyani International Contact Details

Devyani International Limited
Plot No. 18, Sector-35,
Gurugram 122 004, Haryana
Phone: +91 011 4170 6720
Email: [email protected]
Website: www.dil-rjcorp.com

Valuation of Devyani International (as of FY2021)

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

Devyani International IPO GMP Daily Trend

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
6 August 2021 INR55 INR4,000
5 August 2021 INR60 INR150 INR4,000
4 August 2021 INR55 INR150 INR4,000
3 August 2021 INR50 INR150 INR4,000
2 August 2021 INR50 INR140 INR4,000
31 July 2021 INR40 INR120 INR4,000
30 July 2021 INR50 INR160 INR4,000
29 July 2021 INR20 INR150 INR3,700
28 July 2021 INR15 INR150 INR3,500
27 July 2021 INR15 INR150 INR3,500

Devyani International IPO Subscription Details

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

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Devyani International IPO Allotment Status

Devyani International IPO allotment is now available on Link Intime’s website. Click on this link to get allotment status.

Banks have also started unblocking the funds. You can check balance also to know allotment status.

Listing Performance of Devyani International

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)

2 COMMENTS

  1. ♨️ LATEST GMP HEARD ♨️

    ✅Devyani International IPO – *GMP Estimated*

    GMP 63 +/- 1
    Kostak 305 +/- 10
    Subject 2 @8,850/-

    ✅ GlenMark IPO GMP
    GMP 80 +/- 2

    ✅ CarTrade IPO
    GMP 475 +/- 5

    ✅ Krsnna IPO
    GMP 345 +/- 5

    ✅ Rolex IPO
    GMP 460 +/- 5

  2. Devyani International (DIL), one of the largest quick-service restaurants (QSRs) in India, the largest franchise of Yum Brands in India, and the operator of chains like KFC, Pizza Hut and Costa Coffee in the country, opened for IPO on August 4th.

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