Burger King is India’s quickest growing fast service restaurant chains. It’s the second-largest quick meals burger model with having 216 Burger-King restaurants and eight Sub-Franchised Burger King restaurants.
It has a unique right to establish, develop, and operate Burger King branded restaurants in India. It goals to cater to the Indian tastes and preferences by including new meal choices to its product portfolio. The firm establishes its branches in excessive traffic areas in key metropolitan areas and cities throughout the nation.
Competitive strengths
- Sturdy buyer value proposition.
- Exclusive franchise rights in India.
- Model value and buyer loyalty.
- Vertically scalable supply chain.
- Skilled {and professional} management workforce.
Company Promoters:
QSR Asia Pte. Ltd is the promoter of the company.
Company Financials:
| Particulars | For the yr/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 |
| Revenue After Tax | (1,189.46) | (765.70) | (382.79) | (822.32) |
Objects of the Issue:
The net proceeds from the IPO will probably be used in the direction of the following purposes; To finance the roll-out of recent company-owned Burger King Eating places. To fulfill the overall company functions.
Burger King IPO Particulars
| IPO Date | Dec 2, 2020 – Dec 4, 2020 |
| Issue Type | Book Built Issue IPO |
| Issue Size | 135,000,000 Eq Shares of ₹10 (aggregating as much as ₹810.00 Cr) |
| Fresh Issue | 75,000,000 Eq Shares of ₹10 (aggregating as much as ₹450.00 Cr) |
| Offer for Sale | 60,000,000 Eq Shares of ₹10 (aggregating as much as ₹360.00 Cr) |
| Face Value | ₹10 per fairness share |
| IPO Price | ₹59 to ₹60 per fairness share |
| Market Lot | 250 Shares |
| Min Order Quantity | 250 Shares |
| Listing At | BSE, NSE |
Burger King IPO Tentative Date / Timetable
| Bid/Supply Opens On | Dec 2, 2020 |
| Bid/Supply Closes On | Dec 4, 2020 |
| Finalisation of Basis of Allotment | Dec 9, 2020 |
| Initiation of Refunds | Dec 10, 2020 |
| Credit of Shares to Demat Acct | Dec 11, 2020 |
| IPO Shares Listing Date | Dec 14, 2020 |
Burger King IPO Lot Dimension and Value (Retail)
| Utility | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimal | 1 | 250 | ₹15,000 |
| Most | 13 | 3250 | ₹195,000 |
Burger King IPO Promoter Holding
| Pre Issue Share Holding | 99.39% |
| Post Issue Share Holding | 52.9% |
Burger King IPO Prospectus
Company Contact Data
Burger King India Limited
Unit Nos.1003 to 1007,10thFloor, Mittal Commercia,
Asan Pada Rd, Chimatpada, Marol, Andheri (E),
Mumbai, Maharashtra, 400 059
Telephone: +91 2271933047
Electronic mail: investor@burgerking.in
Web site: http://www.burgerkingindia.in
Burger King IPO Registrar
Link Intime India Private Ltd
Hyperlink Intime India Personal Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Telephone: +91-22-4918 6270
Electronic mail: burgerking.ipo@linkintime.co.in
Web site: http://www.linkintime.co.in
Burger King IPO Lead Manager(s)
- CLSA India Private Limited
- Edelweiss Financial Services Ltd
- JM Financial Consultants Private Limited
- Kotak Mahindra Capital Company Limited
Burger King IPO FAQs
- What’s Burger King IPO?
Burger King IPO is a main-board IPO of 135,000,000 equity shares of the face worth of ₹10 aggregating as much as ₹810.00 Crores. The problem is priced at ₹59 to ₹60 per fairness share. The minimum order lot is 250 Shares. The IPO opens on Dec 2, 2020, and closes on Dec 4, 2020. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE. - How to apply in Burger King IPO through Zerodha?