Burger King IPO

Burger King IPO
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Burger King was incorporated in India in the year 2013 as a private limited company. It was then subsequently converted to a public limited company in the year 2019.

Their first ever restaurant in India was opened in November, 2014. And since then, the company has grown tremendously and now owns around 202 restaurants across 47 cities in India as of 30 June, 2019.

Burger King is one of the fastest growing international Quick Service Restaurant chains in India during the first five years of our operations based on number of restaurants.

As the national master franchisee of the BURGER KING® brand in India, it has exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India.

Their master franchisee arrangement provides them with the ability to use Burger King’s globally recognised brand name to grow their business in India, while leveraging the technical, marketing and operational expertise associated with the global Burger King brand.

The Burger King IPO date has not been announced as of yet. However, the Burger King IPO may open up to the public for subscription sometime during the second half of the current financial year.

Burger King IPO

Competitive Strengths

  1. Exclusive national master franchise rights in India.
  2. Strong customer proposition.
  3. Brand positioned for millennials 109.
  4. Vertically managed and scalable supply chain.
  5. Operational quality, a people-centric operating culture and effective technology systems.
  6. Well defined restaurant roll out and development process.
  7. Experienced, passionate and professional management team.

Company Financials

For the year/period ended (₹ in Million)
Particulars31-Mar-1931-Mar-1831-Mar-17
Total Assets9,204.727,303.556,984.63
Total Revenue6,441.303,887.372,341.33
Total Expense6,824.094,709.693,059.79
Profit After Tax(382.79)(822.32)(718.46)

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.
Burger King IPO
Object Of The Issue

Burger King IPO Details

IPO Date02 DEC 2020 – 04 DEC 2020
Issue TypeBook Built Issue IPO
Issue Size₹ 810 Cr
Offer for Sale13,50,00,000 Equity Share ₹10
Face Value₹10 Per Equity Share
IPO Price[59] to [60] per equity share
Market Lot250 Shares
Min Order Quantity250 Shares
Listing AtBSE, NSE

Burger King IPO – Schedule

Bid/Offer Opens On02 DEC 2020
Bid/Offer Closes On04 DEC 2020
Finalisation of Basis of Allotment09 DEC 2020
Initiation of Refunds10 DEC 2020
Credit of Shares to Demat Acct11 DEC 2020
IPO Shares Listing Date14 DEC 2020

Burger King IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum1250₹15,000
Maximum133250₹1,95,000

Burger King IPO: How To Apply

Promoters play a very important role in raising much-needed business revenue.

Burger King IPO
How To Apply IPO

Apply For Burger King IPO Through ASBA

First, you should know what ASBA is. ASBA stands for Restricted Application Support. It is an application by the bank to apply for an IPO.

You apply with ASBA through the bank because initially, the bank covers the cost of purchasing the IPO. This amount is deducted from your account only after receiving IPO share shares in your Demat account.

All the major banks in the country are expanding the ASBA center. There are about 30 banks on the list, some of which are IDBI Bank Limited, Citi Bank, Punjab National Bank, etc.

The center may be expanded once they have been authorized to do so. These banks block the corresponding amount until the IPO allocation process is finalized.

Now, most of you are probably thinking about how to use the Burger King IPO with ASBA. The process can be completed online or offline for your convenience.

Apart from this, you can also bid for an Burger King IPO through your stockbroker’s online portal (such as Zerodha, Edelweiss, Motilal Oswal, etc.)

Company Contact Information

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
Email: investor@burgerking.in
Websitehttps://www.burgerking.in/

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