Devyani International Limited IPO (Devyani International IPO)

Devyani International IPO
Upcoming Devyani International IPO | New Devyani International IPO

Compiled in 1991, Devyani International Ltd is the largest franchisee of Yum Brands and among the largest fast food restaurants (QSR) in India with 655 stores in 155 cities across the country as of March 31, 2021. Yum Brands Inc operates a wide range of fast food namely Pizza Hut, KFC, and Taco Bell brand.

It operates in the form of 3 businesses; 1. Core Brands (KFC, Pizza Hut, and Costa Coffee stores in India), 2. International Business (exports to Nepal and Nigeria), and 3. Other Businesses (with brand name stores namely Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar) Initially, the business started with the Pizza Hut store in Jaipur but later expanded into both KFC and Pizza hut, as of March 31, 2021, it operates 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India.

Devyani International IPO

Competitive Strengths

  • The product portfolio of well-recognized QSR brands.
  • Largest franchisee of Yum Brands in India.
  • Cross brand synergies provide operating leverage benefits.
  • Disciplined financial approach with a strong focus on cash flow management.
  • Strong store network; 264 KFC Stores, 297 Pizza Hut stores, and 44 Costa coffee stores.

Company Promoters

Ravi Kant Jaipuria, Varun Jaipuria, and RJ Corp Limited are the company promoter.

Company Financials

ParticularsFor the year/period ended (₹ in million)
31-Mar-2131-Mar-2031-Mar-19
Total Assets16,684.0718,835.7618,074.90
Total Revenue11,988.9515,350.4113,236.83
Profit After Tax(813.24)(787.52)(592.90)

Objects Of The Issue

  • Repayment and/or prepayment of company’s borrowings fully or partially.
  • General corporate purposes.
Devyani International IPO
Object Of The Issue

Devyani International IPO – Details

IPO Opening DateAug 04, 2021
IPO Closing DateAug 06, 2021
Issue TypeBook Built Issue IPO
Issue Size1838 Crore
Face Value₹1 per equity share
IPO Price[86] To [90] Per Equity Share
Market Lot165 Shares
Min Order Quantity165 Shares
Listing AtBSE NSE
Total Share Issue20,42,22,219 Equity Share
RegisterLinkInTime India Private Limited

Devyani International IPO – Timetable

IPO Open DateAug 04, 2021
IPO Close DateAug 06, 2021
Basis of Allotment DateAug 11, 2021
Initiation of RefundsAug 12, 2021
Credit of Shares to Demat AccountAug 13, 2021
IPO Listing DateAug 16, 2021

Devyani International IPO Lots Size & Price

ApplicationLotsSharesAmount ( Cut-Off)
Minimum116514,850
Maximum1321451,93,050

Company Contact Information

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

Phone: 011 4170 6720
Email: companysecretary@dil-rjcorp.com
Websitehttp://www.dil-rjcorp.com/

Devyani International IPO Registrar

Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270
Email: devyani.ipo@linkintime.co.in
Websitehttp://www.linkintime.co.in

Devyani International IPO FAQs

What is Devyani International IPO?

Devyani International IPO is a main-board IPO of [.] equity shares of the face value of ₹1 aggregating up to ₹1,838.00 Crores. The issue is priced at ₹86 to ₹90 per equity share. The minimum order quantity is 165 Shares.

The IPO opens on Aug 4, 2021, and closes on Aug 6, 2021.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
When Devyani International IPO will open?

The Devyani International IPO opens on Aug 4, 2021 and closes on Aug 6, 2021.
What is the lot size of Devyani International IPO?

Devyani International IPO lot size and the minimum order quantity is 165 Shares.
How to apply for Devyani International IPO?

You can apply in Devyani International IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.
When is Devyani International IPO listing date?

The Devyani International IPO listing date is announced. The date of Devyani International IPO listing is Aug 16, 2021.

LIST OF UPCOMING IPOs