Burger King is the India's fastest growing quick service restaurant chains. It is the second largest fast food burger brand with having 216 Burger-King restaurants and 8 Sub-Franchised Burger King restaurants.
It has an exclusive right to establish, develop, and operate Burger King branded restaurants in India. It aims to cater to the Indian tastes and preferences through adding new food offerings to its product portfolio. Company establishes its branches in high traffic areas in key metropolitan areas and cities across the country.
Competitive strengths
QSR Asia Pte. Ltd is the promoter of the company.
| Particulars | For the year/period ended (Rs in million) | |||
|---|---|---|---|---|
| 30-Sep-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 11,771.18 | 11,977.07 | 9,204.72 | 7,303.55 |
| Total Revenue | 1,516.54 | 8,468.29 | 6,441.30 | 3,887.37 |
| Profit After Tax | (1,189.46) | (765.70) | (382.79) | (822.32) |
The net proceed from the IPO will be used towards following purposes;
| IPO Opening Date | Dec 2, 2020 |
| IPO Closing Date | Dec 4, 2020 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹10 per equity share |
| IPO Price | ₹59 to ₹60 per equity share |
| Market Lot | 250 Shares |
| Min Order Quantity | 250 Shares |
| Listing At | BSE, NSE |
| Issue Size | 135,000,000 Eq Shares of ₹10 (aggregating up to ₹810.00 Cr) |
| Fresh Issue | 75,000,000 Eq Shares of ₹10 (aggregating up to ₹450.00 Cr) |
| Offer for Sale | 60,000,000 Eq Shares of ₹10 (aggregating up to ₹360.00 Cr) |
The Burger King IPO open date is Dec 2, 2020, and the close date is Dec 4, 2020. The issue may list on Dec 14, 2020.
| IPO Open Date | Dec 2, 2020 |
| IPO Close Date | Dec 4, 2020 |
| Basis of Allotment Date | Dec 9, 2020 |
| Initiation of Refunds | Dec 10, 2020 |
| Credit of Shares to Demat Account | Dec 11, 2020 |
| IPO Listing Date | Dec 14, 2020 |
The Burger King IPO market lot size is 250 shares. A retail-individual investor can apply for up to 13 lots (3250 shares or ₹195,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 250 | ₹15,000 |
| Maximum | 13 | 3250 | ₹195,000 |
| Pre Issue Share Holding | 99.39% |
| Post Issue Share Holding | 60.08% |
The Burger King IPO is subscribed 156.65x times on Dec 4, 2020 17:00. The public issue subscribed 68.15x in the retail category, 86.64x in the QIB category, and 354.11x in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | IPO Subscription |
|---|---|
| QIB | 86.64x |
| NII | 354.11x |
| RII | 68.15x |
| Total | 156.65x |
* Application wise IPO Subscription in Retail: 2,415,797
| Listing Date | Monday, December 14, 2020 |
| BSE Script Code | 543248 |
| NSE Symbol | BURGERKING |
| Listing In | B Group of Securities |
| ISIN | INE07T201019 |
| IPO Price | ₹60 per equity share |
| Face Value | ₹10 per equity share |
|
|
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Burger King India Limited
Unit Nos.1003 to 1007,10thFloor, Mittal Commercia,
Asan Pada Rd, Chimatpada, Marol, Andheri (E),
Mumbai, Maharashtra, 400 059
Phone: +91 2271933047
Email: investor@burgerking.in
Website: https://www.burgerking.in/
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: burgerking.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Burger King IPO is a main-board IPO of 135,000,000 equity shares of the face value of ₹10 aggregating up to ₹810.00 Crores. The issue is priced at ₹59 to ₹60 per equity share. The minimum order quantity is 250 Shares.
The IPO opens on Dec 2, 2020, and closes on Dec 4, 2020.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Burger King IPO using UPI as a payment gateway. Zerodha customers can apply in Burger King IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Burger King IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Burger King IPO opens on Dec 2, 2020 and closes on Dec 4, 2020.
Burger King IPO lot size is 250 Shares and the minimum order quantity is 250 Shares.
You can apply in Burger King IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Burger King IPO will be done on Dec 9, 2020, and the allotted shares will be credited to your demat account by Dec 11, 2020. Check the Burger King IPO allotment status.
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