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Incorporated in 1991, Devyani International Ltd is the largest franchisee of Yum Brands and among the largest quick-service restaurants (QSR) chain operators in India with 655 stores across 155 cities all over the country as of Mar 31, 2021. Yum Brands Inc operates many fast food brands i.e. Pizza Hut, KFC, and Taco Bell brands.
It operates 3 business verticals; 1. Core Brands (KFC, Pizza Hut, and Costa Coffee stores in India), 2. International Business (stores in foreign countries i.e. Nepal and Nigeria), and 3. Other Businesses (own branded stores i.e. Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar).Initially, the business started with a Pizza Hut store in Jaipur but subsequently expanded operations in both KFC and Pizza hut, as of March 31, 2021, it operates 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India.
Competitive strengths
| IPO Date | Aug 4, 2021 to Aug 6, 2021 |
| Listing Date | Aug 16, 2021 |
| Face Value | ₹1 per share |
| Price | ₹86 to ₹90 per share |
| Lot Size | 165 Shares |
| Total Issue Size | [.] shares (aggregating up to ₹1,838.00 Cr) |
| Fresh Issue | [.] shares (aggregating up to ₹440.00 Cr) |
| Offer for Sale | 155,333,330 shares of ₹1 (aggregating up to ₹1,398.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| QIB Shares Offered | 61,101,666 (54.28%) |
| NII (HNI) Shares Offered | 30,550,832 (27.14%) |
| Retail Shares Offered | 20,367,221 (18.09%) |
| Total Shares Offered | 112,569,719 |
Devyani International IPO opens on Aug 4, 2021, and closes on Aug 6, 2021.
| Event | Tentative Date |
|---|---|
| Opening Date | Aug 4, 2021 |
| Closing Date | Aug 6, 2021 |
| Basis of Allotment | Aug 11, 2021 |
| Initiation of Refunds | Aug 12, 2021 |
| Credit of Shares to Demat | Aug 13, 2021 |
| Listing Date | Aug 16, 2021 |
| UPI Mandate Confirmation Cut-Off Time | 5.00 PM on the issue closing day |
The Devyani International IPO lot size is 165 shares.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 165 | ₹14,850 |
| Retail (Max) | 13 | 2145 | ₹193,050 |
| Lot Size Calculator | |||
Ravi Kant Jaipuria, Varun Jaipuria, and RJ Corp Limited are the company promoter.
| Pre Issue Share Holding | 75.79% |
| Post Issue Share Holding | 67.99% |
| Particulars | For the year/period ended (₹ in million) | ||||
|---|---|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |||
| Total Assets | 16,684.07 | 18,835.76 | 18,074.90 | ||
| Total Revenue | 11,988.95 | 15,350.41 | 13,236.83 | ||
| Profit After Tax | (629.87) | (1,214.18) | (941.44) | ||
[Dilip Davda] Indiaââ‚-â„¢s stock markets are getting matured to match the global market's behaviour. The recent saga of Zomato may see a re-run of history for this food segment loss-making enterprise that has been on its footprint expansion mode. Though the financial parameters and negative P/E is not on the radar for this issue, it will play just on the sentimental count for a while. Hence cash surplus/risk seekers may consider investing in this fancy foods outlet most preferred by todayââ‚-â„¢s generation. Read detail review...
The Devyani International IPO is subscribed 116.70 times on Aug 6, 2021 6:50:00 PM. The public issue subscribed 39.48 times in the retail category, 95.27 times in the QIB category, and 213.06 times in the NII category. Check Day by Day Subscription Details (Live Status)
Application Wise IPO Subscription (Retail): 31.11 times
| Category | Subscription (times) |
|---|---|
| QIB | 95.27 |
| NII | 213.06 |
| Retail | 39.48 |
| Employee | 4.70 |
| Total | 116.70 |
| Listing Date | Aug 16, 2021 |
| BSE Script Code | 543330 |
| NSE Symbol | DEVYANI |
| ISIN | INE872J01023 |
| Final Issue Price | ₹90 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹90.00 |
| ₹141.00 |
| ₹120.75 |
| ₹141.05 |
| ₹123.35 |
| NSE |
|---|
| ₹90.00 |
| ₹140.90 |
| ₹120.80 |
| ₹140.90 |
| ₹123.50 |
Devyani International Limited
F-2/7, Okhla Industrial Area,
Phase-I, New Delhi 110 020
Phone: 011 4170 6720
Email: companysecretary@dil-rjcorp.com
Website: http://www.dil-rjcorp.com/
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: devyani.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Devyani International IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹1,838.00 Crores. The issue is priced at ₹86 to ₹90 per share. The minimum order quantity is 165 Shares.
The IPO opens on Aug 4, 2021, and closes on Aug 6, 2021.
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 Devyani International IPO using UPI as a payment gateway. Zerodha customers can apply in Devyani International IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Devyani International IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Devyani International IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.
Devyani International IPO lot size is 165 Shares and the minimum order quantity is .
You can apply in Devyani International 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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
The finalization of Basis of Allotment for Devyani International IPO will be done on Aug 11, 2021, and the allotted shares will be credited to your demat account by Aug 13, 2021. Check the Devyani International IPO allotment status.
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