Monday, July 26, 2021

Devyani International IPO Date, Review, Price, Form & Market Lot Details

Devyani International IPO to hit the market in on 04 August 2021 and closes on 06 August 2021. The company to raise ₹1838 crores via initial public offer the comprises ₹440 crores fresh issue and offer for sale up to ₹1398 Shares as per the RHP filed on 26 July 2021.
 
Devyani International IPO date is announced, the IPO to open on 04 August 2021. It will clash with Windlas Biotech IPO. The company to raise the IPO worth ₹1838 crores. The IPO comprises fresh issue of ₹440 crores and offer for sale up to ₹1398 crores of existing share holders. The employee portion is 550,000 equity shares. The Devyani International is an arm of diversified conglomerate RJ Corp. They are one of the largest bottler for Pepsi Co in India. Devyani International is the largest franchisee of Yum! Brands in India - one of the second-largest QSR (quick-service restaurant) company in the world. They have 655 stores across India in 155 cities as on March 2021. They are also a franchises for Costa Coffee brand and stores in India. They are operating in India as well as Nigeria and Nepal. Check out Devyani International IPO details. 

Core Business Details:
The business is broadly classified into three verticals that includes stores of KFC, Pizza Hut and Costa Coffee operated in India (KFC, Pizza Hut and Costa Coffee referred to as "Core Brands", and the business in India referred to as the "Core Brands Business"); stores operated outside India primarily comprising KFC and Pizza Hut stores operated in Nepal and Nigeria ("International Business"); and certain other operations in the F&B industry, including stores of our own brands such as Vaango and Food Street ("Other Business"). 

Important Details:
EPS for FY18-19 - Rs. (0.75) (Page #102 of RHP)
EPS for FY19-20 - Rs. (1.14) (Page #102 of RHP)
EPS for FY20-21 - Rs. (0.50) (Page #102 of RHP)

RoNW for FY18-19 - (NA)% (Page #103 of RHP)
RoNW for FY19-20 - (NA)% (Page #103 of RHP)
RoNW for FY20-21 - (48.52)% (Page #103 of RHP)

NAV as on March 31, 2021 was Rs.1.03 (Page #103 of RHP

Listing Peer Group:
  • Jubilant FoodWorks
  • Westlife Development
  • Burger King India
Devyani International


    Devyani International IPO Review

    • Apply with Listing Gain & Long Term Gain

    Brokerage Firm IPO Reviews

    • Axis Capital: Neutral
    • JM Financial: Neutral
    • ICICI Securities: Adding Soon
    • Motilal Oswal: Adding Soon
    • Capital Market: Adding Soon
    • Ventura Securities Limited: Adding Soon
    • KR Choksey: Adding Soon
    • GEPL Capital Ltd: Adding Soon

    Devyani International IPO Date & Price Band

     IPO Open:  04 August 2021
     IPO Close:  06 August 2021
     IPO Size:  Approx ₹1838 Crores
     Fresh Issue:  Approx ₹440 Crores
     Offer for Sale:  Approx ₹1398 Crores
     Face Value:  ₹1 Per Equity Share
     Price Band:  ₹86 to ₹90 Per Share
     Listing on:  BSE & NSE
     Retail Portion:  10%
     Equity:  22,63,01,071 Shares
     Discount:  - Per Equity Shares

    Devyani International IPO Market Lot

    The Devyani International IPO minimum market lot is 165 shares with ₹14,850 application amount. The retail investors can apply up-to 13 lots, 2145 shares with ₹193,050 application amount.
     Minimum Lot Size:  Minimum 165 Shares
     Minimum Amount:  ₹14,850
     Maximum Lot Size:  Maximum 2145 Shares
     Maximum Amount:  ₹193,050

    Devyani International IPO Date, Time Table, Allotment & Listing

    The Devyani International IPO date is 04 August 2021 and the IPO close date is 06 August 2021. The allotment date is 11 August 2021 and the IPO may list on 16 August 2021.
     Price Band Announcement:  30 July 2021
     Anchor Investors Allotment:  03 August 2021
     IPO Open Date:  04 August 2021
     IPO Close Date:  06 August 2021
     Basis of Allotment:  11 August 2021
     Refunds:  12 August 2021
     Credit to Demat Account:  13 August 2021
     IPO Listing Date:  16 August 2021

    Devyani International IPO Form

    How to apply the Devyani International IPO? You can apply Devyani International IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Devyani International IPO in the Invest section. The other option you can apply Devyani International IPO via IPO forms download via NSE and BSE. Check out the Devyani International forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.


    Devyani International Company Financial Report

      ₹ in Crores

    Revenue
    Expense PAT
    2018 - - -
    2019 ₹1198 ₹1338 -₹59.29
    2020 ₹1535 ₹1647 -₹78.75
    2021
    ₹1324 ₹1395 -₹81.32

    Company Promoters

    • Ravi Kant Jaipuria
    • Varun Jaipuria
    • RJ Corp Limited
     

    About Devyani International

    We are the largest franchisee of Yum Brands in India and are among the largest operators of chain quick service restaurants in India, on a non-exclusive basis, and operate 655 stores across 155 cities in India, as of March 31, 2021. In addition, we are a franchisee for the Costa Coffee brand and stores in India.

    We began our relationship with Yum in 1997, when we commenced operations of our first Pizza Hut store in Delhi. We have subsequently continued to expand our operations with both KFC and Pizza Hut franchises, and as of March 31, 2021, operated 264 KFC stores and 297 Pizza Hut stores across India. In addition, we are also the franchise of Costa Coffee brand in India, which is owned by Costa International and operated 44 Costa Coffee stores, as of March 31, 2021.

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus
    Devyani IPO Allotment Status

    Devyani International IPO Registrar

    Link Intime India Private Limited
    C 101, 247 Park, L.B.S. Marg
    Vikhroli (West), Mumbai 400 083
    Maharashtra, India
    Tel: +91 22 4918 6200
    E-mail: devyani.ipo@linkintime.co.in
    Website: www.linkintime.co.in
    Investor grievance E-mail: devyani.ipo@linkintime.co.in
    Contact Person: Shanti Gopalkrishnan
    SEBI Registration No.: INR000004058
    Note: Check Devyani International IPO allotment status on Linkintime website allotment URL. Click Here

    Devyani International IPO Lead Managers

    • Kotak Mahindra Capital Company Limited
    • CLSA India Private Limited
    • Edelweiss Financial Services Limited
    • Motilal Oswal Investment Advisors Limited

    Company Address

    Devyani International Limited
    Registered Office:
    F-2/7, Okhla Industrial Area, Phase-I
    New Delhi 110 020
    Corporate Office:
    Plot No. 18, Sector-35
    |Gurugram 122 004
    Haryana
    Website: www.dil-rjcorp.com

    Devyani International IPO FAQs


    What is Devyani International IPO?

    Devyani International IPO is a main-board IPO. They are going to raise ₹1838 Crores via IPO. The issue is priced at ₹86 to ₹90 per equity share. The IPO to be listed on BSE & NSE.

    When Devyani International IPO will open?

    The IPO is to open on 04 August 2021 for QIB, NII, and Retail Investors.

    What is Devyani International IPO Investors Portion?

    The investors' portion for QIB 75%, NII 15%, and Retail 10%.

    How to Apply the Devyani International IPO?

    You can apply Devyani International IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the Devyani International IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "Devyani International". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the Devyani International IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "Devyani International". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve - mandate. Open Demat Account with Upstox.

    What is Devyani International IPO Size?

    Devyani International IPO size is ₹1838 crores. The IPO comprises ₹440 crore of fresh issue and offer for sale of ₹1398 crores.

    What is Devyani International IPO Price Band?

    Devyani International IPO Price Band is ₹86 to ₹90 per equity share.

    What is Devyani International IPO Minimum and Maximum Lot Size?

    The minimum bid is 165 Shares with ₹14,850 amount while maximum bid is 2145 shares with ₹193,050.

    What is Devyani International IPO Allotment Date?

    Devyani International IPO allotment date is 11 August 2021.

    What is Devyani International IPO Listing Date?

    Devyani International IPO listing date is 16 August 2021. The IPO to list on BSE and NSE.

    Note: The Devyani International IPO final details added as it is officially announced. The IPO grey market premium (Devyani International IPO Premium) started and added to the respective pages. You can check our IPO grey market page for daily updates.)

    Open Demat Account