burger king ipo

IPO: Burger King India IPO price band fixed for 810 crore IPO know how many shares is a lot

  • Burger King India Limited, a company of private equity firm Everstone Group, on Friday fixed the price band for its IPO (Burger King India IPO)
  • Burger King will use the proceeds from this IPO to open new restaurants and repay or prepay their debt

[avatar user=”Jyoti Singh” size=”thumbnail” align=”left”]By Jyoti Singh[/avatar]

Burger King India IPO The private equity firm Everstone Group’s company Berg King India Ltd on Friday fixed the price band for its IPO. The company has fixed a price band of 59 to 60 rupees per share for the IPO.

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Burger King India Limited, a company of private equity firm Everstone Group, on Friday fixed the price band for its IPO (Burger King India IPO). The company has fixed a price band of 59 to 60 rupees per share for the IPO. The initial public offering of this company, which runs the Quick Service restaurant chain, is coming on 2 December. The Initial public offering will close on December 4 and the shares will be allotted on December 9. Burger King plans to raise Rs 810 crore through this Initial public offering.

In this Initial public offering, the promoter’s company QSR Asia Private Limited will sell 60 million shares. According to the upper level of the price band, its value is around Rs 360 crore. Also, there will be a fresh issue of Rs 450 crore in the Initial public offering.

Burger King will use the proceeds from this Initial public offering to open new restaurants and repay or prepay their debt. Let us know here that earlier Burger King has raised 92 crore rupees from the public market investor Amansa Investments.

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A minimum of 250 shares can be invested in this Initial public offering. According to the price band, investors will have to pay about 15 thousand rupees for a lot. Kotak Mahindra Capital Company, CLSA India, Edelweiss Financial Services and JM Financials are the key managers for this sale.