Burger King India Limited IPO (Burger King IPO) Detail

Dec 2, 2020 - Dec 4, 2020

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

  • Strong customer value preposition.
  • Exclusive franchise rights in India.
  • Brand value and customer loyalty.
  • Vertically scalable supply chain.
  • Experienced and professional management team.

Company Promoters:

QSR Asia Pte. Ltd is the promoter of the company.

Company Financials:

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ 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)

Objects of the Issue:

The net proceed from the IPO will be used towards following purposes;

  • To finance the roll-out of new company-owned Burger King Restaurants.
  • To meet the general corporate purposes.
  • Burger King IPO Details

    IPO DateDec 2, 2020 - Dec 4, 2020
    Issue TypeBook Built Issue IPO
    Issue Size135,000,000 Eq Shares of ₹10
    (aggregating up to ₹810.00 Cr)
    Fresh Issue75,000,000 Eq Shares of ₹10
    (aggregating up to ₹450.00 Cr)
    Offer for Sale60,000,000 Eq Shares of ₹10
    (aggregating up to ₹360.00 Cr)
    Face Value₹10 per equity share
    IPO Price₹59 to ₹60 per equity share
    Market Lot250 Shares
    Min Order Quantity250 Shares
    Listing AtBSE, NSE

    Burger King IPO Tentative Date / Timetable

    Bid/Offer Opens OnDec 2, 2020
    Bid/Offer Closes OnDec 4, 2020
    Finalisation of Basis of AllotmentDec 9, 2020
    Initiation of RefundsDec 10, 2020
    Credit of Shares to Demat AcctDec 11, 2020
    IPO Shares Listing DateDec 14, 2020

    Burger King IPO Lot Size and Price (Retail)

    ApplicationLotsSharesAmount (Cut-off)
    Minimum1250₹15,000
    Maximum133250₹195,000

    Burger King IPO Promoter Holding

    Pre Issue Share Holding99.39%
    Post Issue Share Holding60.08%

    Burger King IPO Subscription Status (Bidding Detail)

    DateQIB NII RII Total

    Dec 4, 2020 10:28

    3.39x

    5.19x

    42.02x

    10.95x

    Burger King IPO Prospectus

    Burger King IPO Rating

    2457
    4.0
    Rating:Rated 4.0 stars

    Vote Here ...

    Burger King IPO Registrar

    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 FAQs

    1. What is Burger King IPO?

      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.

    2. How to apply in Burger King IPO through Zerodha?

      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

      1. Visit the Zerodha website and login to Console.
      2. Go to Portfolio and click the IPOs link.
      3. Go to the 'Burger King IPO' row and click the 'Bid' button.
      4. Enter your UPI ID, Quantity, and Price.
      5. ‘Submit’ IPO application form.
      6. Visit the UPI App (net banking or BHIM) to approve the mandate.

      Visit Zerodha IPO Application Process Review for more detail.

    3. When Burger King IPO will open?

      The Burger King IPO opens on Dec 2, 2020 and closes on Dec 4, 2020.

    4. What is the lot size of Burger King IPO?

      Burger King IPO lot size is 250 Shares and the minimum order quantity is 250 Shares.

    5. How to apply for Burger King IPO?

      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.

    6. When Burger King IPO allotment?

      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.

    7. When is Burger King IPO listing date?

      The Burger King IPO listing date is not yet announced. The tentative date of Burger King IPO listing is Dec 14, 2020.

    Burger King IPO Message Board

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