Burger King India Limited IPO

Burger King India Limited IPO

Burger King India Limited IPO is a Mainstream IPO, which is open for all investors from 2nd December 2020, Wednesday to 4th December 2020, Friday. Promoters are offering 135,000,000 equity shares to public through this issue which is worth of more than Rs 810 Crores. For other IPO details on Burger King India Limited IPO, scroll below

IPO Details

Grey Market Premium of Burger King India Limited IPO

GMP of Burger King India Limited IPO is currently Not Available. Grey Market Premium will be updated once it’s available

Company Background

Burger King India Limited is a Mumbai based QSR, with an annual revenue of Rupees 15165.4 lakhs.

  • has 216 Burger-King restaurants and 8 Sub-Franchised Burger King restaurants
  • Spread across 16 states and union territories and 47 cities across India

Date of Incorporation

Burger King India Limited  was incorporated as “Burger King India Pvt. Limited ” on 11th November 2013. Company was finally converted into a public limited company on 25th September 2020 with a Corporate Identification Number, U55204MH2013FLC249986

Promoters of Burger King India Limited

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

Product & Services Offered

Burger King India Limited  offers following products & services to its customers:-

  • Fast food eateries
    • Burgers, wraps, soft drinks and more

Clientele base of the company

Company caters

  • 16 states and union territories and 47 cities across India

Purpose of this IPO

Purpose of the issue:

  • Opening of new company owned restaurants
  • General corporate purposes

Burger King India Limited IPO Issue Details

Issue Details
Issue Open 2nd December 2020, Wednesday Issue Close 4th April 2020, Friday
Issue Type Book built IPO Issue Face Value Rs 10 Per Equity Share
Price Band Rs — Per Equity Shares Bid Lot & Minimum order quantity — Shares
Issue Size Rs — Crore Listing at BSE, NSE

IPO Timeline

Tentative IPO Timeline
Bid Opens on 29th Sept 2020, Tuesday Bid Closes on 1st Oct 2020, Thursday
Finalization of basis of allotment 7th Oct 2020, Wednesday Initiation of Refunds 8th Oct 2020, Thursday
Credit of shares to demat account 9th Oct 2020, Friday Listing Date 12th Oct 2020, Monday

Company Financials

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 -765.7 -382.79 -822.32

Ratings & Reviews of Burger King India Limited IPO

The IPO is yet to be reviewed

Investors are advised to conduct proper due diligence before investing in this IPO

Red Herring Prospectus of Burger King India Limited IPO

IPO Lead Managers

CLSA India Private Limited, Edelweiss Financial Services Ltd, JM Financial Consultants Private Limited, Kotak Mahindra Capital Company Limited are managing the IPO

Address of Burger King India Limited

Burger King India Limited
Unit Nos.1003 to 1007,10thFloor, Mittal Commercia,
Asan Pada Rd, Chimatpada, Marol, Andheri (E),
Mumbai, Maharashtra, 400 059

Phone: +91 2271933047

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