Burger King IPO Date, Review, Price Bands, Market Lot, Burger King IPO Important Dates, Market Lot, Listing Date & Time Details
Burger King India, a quick service restaurant chain, is expected to launch its initial public offering (IPO) for subscription next week. The company, after consultation with merchant bankers, has fixed IPO price band at Rs 59-60 per share, which is 5.9-6 times of its face value of equity shares.
The initial public offering will open on December 2 and close on December 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.
This would be the fourteenth IPO in the current year. Other public issues this year were SBI Card, Rossari Biotech, Mindspace Business Parks REIT, Route Mobile, Happiest Minds Technologies, Angel Broking, Chemcon Speciality Chemicals, Computer Age Management Services, Mazagon Dock Shipbuilders, UTI AMC, Likhitha Infrastructure, Equitas Small Finance Bank and Gland Pharma.
About Burger King India
As the national master franchisee of the BURGER KING brand in India, Burger King India has exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India.
Founded in 1954 in the United States, the Burger King brand (also known as the ‘HOME OF THE WHOPPER’) is owned by Burger King Corporation, a subsidiary of Restaurant Brands International Inc, which holds a portfolio of fast food brands – BURGER KING, POPEYES and TIM HORTONS.
The Burger King brand is the second largest fast food burger brand globally as measured by the total number of restaurants, with a global network of 18,675 restaurants in more than 100 countries and US territories as at September 2020.
Technopak report says Burger King India is one of the fastest growing QSR brands to reach 200 restaurants among international QSR brands in India during the first five years of operations.
As of November 25, Company had 259 its owned Burger King restaurants and nine sub-franchised Burger King restaurants, of which 249 were operational, including two sub-franchised restaurants.
Burger King IPO Details:
| Issuer | Burger King India | |
| Issue Type | Book Built Issue IPO | |
| Issue Period | Issue Opens: December 2, 2020 | |
| Issue Closes: December 4, 2020 | ||
| Price Brand | ₹59 to ₹60 Per Share | |
| Issue Size | ₹810 Crores | |
| Face Value | Rs.10 per Equity Share | |
| Market Lot | 250 Shares | |
| Maximum Bid amount for Retail | Rs. 2 Lakhs | |
| QIB | 75% of the issue size | |
| NIB | 15% of the issue size | |
| Retail Individual Bidders | 10% of the issue size | |
| Offer for Sale | ₹360.00 Cr | |
| Fresh Issue | ₹450.00 Cr | |
| Listing at | NSE & BSE | |
| Apply With | Upstox Free DEMAT Account | |
| Equity | 13,50,00,000 Shares | |
| Grey Market Price | Burger King IPO GMP Today | |
BURGER KING IPO Listing
BURGER KING IPO Allotment Status
BURGER KING IPO Latest GMP
| UPCOMING IPO | UPCOMING DIVIDEND |
| UPCOMING BUYBACK | UPCOMING NCD 2020 |
| Latest IPO Grey Market Premium | ? Best Stocks for 2020 |
BURGER KING IPO Subscription Data
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UPCOMING IPO IN DECEMBER 2020
Burger King IPO Dates & Price Band
| IPO Open: | December 2, 2020 |
| IPO Close: | December 4, 2020 |
| IPO Size: | Approx. ₹810 Crores |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹59 to ₹60 Per Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| Total IPO size | 13,50,00,000 Shares |
Burger King IPO Market Lot:
| Lot Size: | Minimum – 250 Shares & Maximum – 3250 Shares |
| Minimum Amount: | ₹15000 |
| Maximum Amount: | ₹195000 |
Burger King IPO Allotment & Listing Dates:
| Basis of Allotment: | December 9, 2020 |
| Refunds: | December 10, 2020 |
| Credit to Demat Account: | December 11, 2020 |
| Listing Date: | December 14, 2020 |
Company Promoters:
- The President of India, acting through The Ministry Of Railways, Government Of India
Burger King India Financial
| 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.
How to Apply for Burger King IPO?
If you have a Demat account, most banks offer the online IPO application. You can also contact the broker to apply for in Burger King IPO? Most banks including the SBI bank, ICICI Bank, Axis, and Kotak bank allow the customer to apply in IPO using the Demat account.
- How to Apply Burger King IPO Through ASBA?
- How to Apply Burger King IPO through Zerodha?
- How to Apply Burger King IPO through SBI Net Banking?
- How to Apply Burger King IPO through HDFC Netbanking?
- ➡️How To Apply Burger King IPO in Axis Bank Net banking?
- ➡️How To Apply Burger King IPO in Kotak Bank Net banking?
- ➡️How To Apply Burger King IPO With Angel Broking?
How to Check Burger King IPO Allotment?
Check Burger King IPO Allotment Here:
Note: Burger King IPO Allotment Status will be available whenever the Registrar of IPO will put on their official sites.
# Option 1: BSE Website:
- Go to BSE Website
- Check box “Equity”
- Select IPO Name “Burger King”
- Type Your Application Number
- Type Your Pan Number
# Option 2: LINKintime Website:
- Go to Linkintime Website
- Select IPO Name “Burger King”
- Select Option from PAN Number, Application Number or Demat Account Number
- As per selection add PAN Number, Application Number or Demat Account Number
# Option 3: in Your Demat Account:
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
# Option 4: in Your Bank Account:
- Login to your Bank Account
- Check the Amount is debited or released
Burger King IPO Listing Gain
How to Sell Burger King IPO Shares on Listing Day?
Burger King IPO Listing Day Kya kre?
Burger King IPO Lead Managers
| Lead Managers |
|
Burger King IPO Registrar to Offer
| Burger King IPO Registrar |
| Link Intime India Private Limited C-101, 1stFloor, 247 Park, Lal Bahadur Shastri Marg Vikhroli (West) Mumbai, Maharashtra 400 083 Tel: +91 22 49186200 E-mail: burgerking.ipo@linkintime.co.in Investor grievance E-mail: burgerking.ipo@linkintime.co.in Contact Person: Shanti Gopalkrishnan Website: www.linkintime.co.in SEBI Registration No.: INR000004058 Note: Check Burger King IPO allotment status on Linkintime website allotment URL. Click Here |
| Company Contact Info: |
|---|
| Burger Kind India Limited Unit Nos.1003 to 1007, 10th Floor, Mittal Commercia, Asan Pada Rd, Chimatpada, Marol, Andheri (E), Mumbai, Maharashtra, 400 059 Tel: +91 2271933047 Contact Person: Ranjana Saboo Company Secretary, Compliance Officer and Head Legal Tel: +91 2271933047 E-mail: investor@burgerking.in Website: www.burgerkingindia.in Corporate Identity Number: U55204MH2013FLC249986 |
| What is IPO? | आईपीओ क्या हैं? आईपीओ का फुल फॉर्म क्या है? |
| Upcoming IPO in India 2020 | How to Invest in Share Market? |
| Best Stock Trading Apps 2020 | What are NIFTY and SENSEX? |
| Grey Market Premium of IPO | Intraday Trading Basics |
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Burger King IPO FAQs
The Burger King IPO will open on December 2, 2020.
The investors’ portion for QIB-50%, NII-35%, and Retail 10%.
The IPO Size is 810 Crore with Sale of 13,50,00,000 Shares.
Burger King IPO lot size is 250 Shares.
Burger King IPO price band is ₹59 to ₹60 Per Share (Tentative) Equity share and the minimum order quantity is 250 Shares.
Burger King IPO allotment date in 09 December 2020. You can check IPO allotment status here.
Burger King IPO listing date is 14 December 2020. The IPO to list on BSE and NSE.
You can apply Burger King IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers.
Steps to apply in Burger King IPO through Zerodha
Visit the Zerodha website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Burger King IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
‘Submit’ IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process for more detail.
The Grey Market Premium (GMP) price of Burger King IPO is approx. in between Rs.10000 – 11000/- at the moment.
The Subject to Sauda price for Burger King IPO is approx. Rs. 6300/-