Burger King India Limited IPO Message Board (Page 38)

Burger King India IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus dated November 2, 2019 (320 pages)

EPS for FY16-17 >>> Rs.(04.87) (Page #77 of DRHP)
EPS for FY17-18 >>> Rs.(03.10) (Page #77 of DRHP)
EPS for FY18-19 >>> Rs.(01.44) (Page #77 of DRHP)
EPS for Q119-20 >>> Rs.(00.07) (Page #77 of DRHP)

RoNW for FY16-17 >>> (19.55)% (Page #78 of DRHP)
RoNW for FY17-18 >>> (28.64)% (Page #78 of DRHP)
RoNW for FY18-19 >>> (15.33)% (Page #78 of DRHP)
RoNW for FY19-20 >>> (00.71)% (Page #78 of DRHP)

NAV as on June 30, 2019 was Rs.9.30 (Page #78 of DRHP)

Listed Industry Peer Group (Page #87 of DRHP): Jubilant Foodworks, Westlife Development

any gmp

Allotment should be hard to get

Burger King IPO

In May 2020

Promoters allotted shares to themselves @44/- per share

And
Now in December 2020

Promoters are making an OFS to public @60/- per share

7 months = 36% appreciation ...

And that too in times of COVID ... when all stores are closed

????????‍♀️ WAH !!! ????????‍♀️

????This is called " Addendum " effect????????

Burger King India IPO – Schedule *(Tentative)*

03rd Dec – Announcement of Price Band
07th Dec – Anchor Investors Allotment
08th Dec – Offer Opens
10th Dec – Offer Closes
15th Dec – Finalisation of Basis of Allotment
16th Dec – Unblocking of ASBA Accounts
17th Dec – Credit of Equity Shares to Depository Accounts
18th Dec – Commencement of Trading

Allotment will be very tough.
Retail hardly 47k forms. it will cover within 15 mns of issue opening

GMP PLEASE...!!!

Thank you sir for your valuable information .

Burger King India IPO – Schedule *(Tentative)*

03rd Dec – Announcement of Price Band
07th Dec – Anchor Investors Allotment
08th Dec – Offer Opens
10th Dec – Offer Closes
15th Dec – Finalisation of Basis of Allotment
16th Dec – Unblocking of ASBA Accounts
17th Dec – Credit of Equity Shares to Depository Accounts
18th Dec – Commencement of Trading


Burger King India IPO – Issue Information *(Tentative)*

Issue Opens on: 08 December 2020
Issue Closes on: 10 December 2020
Issue Type: Book Built Issue IPO
Issue Size: 16,22,72,727 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.43 – Rs.44 per Share *(Tentative)*
Discount: NIL
Market Lot: 340 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 29,09,41,785 Shares
Fresh Issue of Shares 12,31,63,636 @44/- = Rs.541.92Crs
Offer for Sale of 6,00,00,000 Shares @44/- = Rs.264.00Crs
Less: Pre-IPO Placement of (2,08,90,909) Shares @44/- = Rs.(91.92)Crs
Equity Shares outstanding after the Issue = 16,22,72,727 Shares

Category-wise Break up:
Anchor – 7,30,22,727 Shares = 321.30Crs
QIB – 4,86,81,818 Shares = 214.20Crs
NII – 2,43,40,909 Shares = 107.10Crs
RII – 1,62,27,273 Shares = 71.40Crs (Lot size: 340 = 47,727 Forms)
Total Issue – 16,22,72,727 Shares = 714.00Crs.

Subscription required for 1X
RII = 47,727 Forms
NII = 107.10 Crs


Burger King India IPO – Financial Information (Basis of Valuation)

The information is collated from the following documents:
1) DRHP = Draft Red Herring Prospectus dated November 2, 2019 (320 pages)

EPS for FY16-17 >>> Rs.(04.87) (Page #77 of DRHP)
EPS for FY17-18 >>> Rs.(03.10) (Page #77 of DRHP)
EPS for FY18-19 >>> Rs.(01.44) (Page #77 of DRHP)
EPS for Q119-20 >>> Rs.(00.07) (Page #77 of DRHP)

RoNW for FY16-17 >>> (19.55)% (Page #78 of DRHP)
RoNW for FY17-18 >>> (28.64)% (Page #78 of DRHP)
RoNW for FY18-19 >>> (15.33)% (Page #78 of DRHP)
RoNW for FY19-20 >>> (00.71)% (Page #78 of DRHP)

NAV as on June 30, 2019 was Rs.9.30 (Page #78 of DRHP)

Listed Industry Peer Group (Page #87 of DRHP): Jubilant Foodworks, Westlife Development

Loss making company.. Shall we apply IPO for listing gain?

Need to see March 20 / June 20 numbers...

In this ipo retail portion have only 10 % so allotment is very tough

RII Portion is 10% is due to PAT showing loss since last three or more years.

When will issue going to open and expected IPO pricing ?