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DIDEVYANIListed

Devyani International Limited

Bookbuilding IPO · NSE, BSE

Price band
₹86-₹90
Lot size
165 shares
Issue amount
₹1,838 cr
Total subscription
0×
Current price₹118.32
Listing price ₹140.9
Watch live price ↗
Opens
4 Aug 2021
Closes
6 Aug 2021
Allotment
11 Aug 2021
Listing
16 Aug 2021

Offer at a glance

Issue overview

Issue size
20,42,22,218 shares
Face value
₹1 Per Share
Minimum investment
₹14,190
Fresh issue
₹440 cr
Offer for sale
₹1,398 cr
Registrar
Link Intime India Private Limited
Listing exchange
NSE, BSE
Maximum investment
₹14,850
Issue type
Bookbuilding IPO
Shares before issue
1,15,36,34,990
Shares after issue
1,20,25,23,878

Lot sizes

CategoryLotsSharesAmount
RETAIL1165₹14,850
sHNI142,310₹2,07,900
bHNI6811,220₹10,09,800

Share reservation

QIB74.8%
NII (HNI)14.96%
RETAIL9.97%
Employee0.27%

Subscription & GMP

Subscription by category

Total subscribed0×

Subscription figures are awaiting publication.

GMP history

029.55923 Dec: ₹59
23 Dec₹5923 Dec

Financial performance

Company financials

In Lakhs · Reported periods may include interim results.

Revenue & profitIn Lakhs
05,00010,00015,00020,000Mar-19 · Revenue: 13,236.83Mar-19 · Profit after tax: 941.44Mar-19Mar-20 · Revenue: 15,350.41Mar-20 · Profit after tax: 1,214.18Mar-20Mar-21 · Revenue: 11,988.95Mar-21 · Profit after tax: 629.87Mar-21
RevenueProfit after tax

Company information

Company profile

Incorporated in 1991, Devyani International Ltd is one of India’s largest quick-service restaurant (QSR) chain operators and the biggest franchisee of Yum Brands, operating 655 stores across 155 cities as of March 31, 2021. The company manages three business verticals: Core Brands, including KFC, Pizza Hut, and Costa Coffee stores in India; International Business, with stores in countries like Nepal and Nigeria; and Other Businesses, featuring its own branded outlets such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar. Starting with a single Pizza Hut store in Jaipur, the company has expanded significantly, operating 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India as of March 2021.

Strengths

  • Well-Known Brands: Offers a portfolio of popular QSR brands.
  • Largest Yum Franchisee: Leading franchisee of Yum Brands in India.
  • Cross-Brand Synergies: Leverages multiple brands for operational efficiency.
  • Disciplined Finances: Strong focus on cash flow management.
  • Extensive Store Network: Operates 264 KFC, 297 Pizza Hut, and 44 Costa Coffee outlets.

Promoters

Ravi Kant Jaipuria

Varun Jaipuria

RJ Corp Limited

Registrar & documents

Lead manager

Clsa India Private Limited, Edelweiss Financial Services Limited, Kotak Mahindra Capital Company, Motilal Oswal Investment Advisors Limited

Registered office

F-2/7, Okhla Industrial Area, Phase-I, New Delhi 110 020

011 4170 6720

[email protected]Company website ↗

Understanding DEVYANI IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.