Devyani International IPO Allotment Status यहां देखें Link Intime/BSE, GMP Details

Devyani International IPO Allotment Date, Status Link, Grey Market Price Details: Devyani International is the largest franchisee of fast-food restaurants all over the globe. It came through sources that the Devyani Group will conduct their IPO – Initial Public Offering soon. The initial launch of the Devyani International IPO was planned for the 3rd of August 2021. The group has also filed to the SEBI for the DRHP – Draft Red Herring Prospectus and hence waiting for its approval. According to the tentative news online, the Devyani International IPO is expected to go live on Date 11th August 2021 and the time will be announced shortly. Overall, the Devyani IPO International is expected to bring revenue worth $1400 million. To accomplish this, 400 equity shares are issued, and their market worth will be 1000 crores. Although, much mandatory information, good or bad, is expected to be broadcasted by the weekend of the second week of August itself. We have included all the relevant information on Devyani’s IPO and its subscription. Go through the entire article for your better discerning on this topic.

Devyani International IPO Allotment, Grey Market price

Devyani International IPO Allotment Date

Opening Date of the Devyani IPO4th August 2021
Closing Date of the Devyani IPO6th August 2021
Basis of Allotment Live Date11th August 2021
Equity Share PriceINR 10/Share
Issue Size11,25,69,719
Devyani IPO ListingNSE – National Stock Exchange  & BSE – Bombay Stock Exchange
Devyani IPO International Website Link

Price Bank86.00-90.00
Devyani IPO Equity Shares Issued400 crore
Devyani IPO Market Sale Price1000 crore
Devyani IPO Size 1400 crores
Devyani IPO GMP To be updated here

Devyani International IPO Subscription Status, Listing Date

As per the legit news sources online, on the last day of bidding, I.e., 6th August 2021, the issue of IPO – initial public offering, is subscribed almost 116.71 times. The subscription data revealed online also showed that the bidding of equity shares generated offers worth 1,313.77 crores, whereas the total IPO size is worth around 11.25 crore of equity shares. It resulted in the whole generation of 1,18,239.3 crore of bids. Almost 39.51 times, the IPO share was subscribed by the Retail Investors. Approximately 4.70 times the portion meant for the workers was subscribed. The institutional investors have subscribed 95.27 times around, and the non-institutional investors subscribed 213.06 times to their stored bidding chances.

Devyani International IPO Status Check Link @Linkintime, BSE

According to online sources like IPOWatch, the Devyani International IPO Allotment Date is out for your reference. Based on the analysis of the Grey Market Premium (GMP), shocking results have come out. The last two years have witnessed a considerable amount of losses. It has happened due to the waves of covid -19, which widely disrupted the market in unseen ways. Even the franchise holders, the tourism sector faced great suffering due to this pandemic. The data below is enough to prepare us well in advance for anticipating the future of this market. Comparing the data of three years, i.e., 2019, 2020, and 2021, the total expenditure of the Devyani IPO in 2019 was around 13948.20 crores. The total expense for 2020 went around 16465.30 crore, which is quite huge than the year 2019. The total estimated cost and investment for 2021, i.e., this year, is around 13381.71 crores.

DEVYANI IPO Allotment Link

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Mainly, talking about the losses of the Devyani Group, the losses in 2019 were around 348.54 crores. The loss witnessed by the Devyani grouping in the year 2020 is approximately 426.66 crores. It’s estimated that the 2021 year will also be the victim of losses itself; it will be around 183.37 crores. For the past three years, the company has been going into losses, as shown by the data. While talking about the revenue, it was not as per the expectation. In the year 2019, the franchisee firm was able to generate 13236.83 crores revenue in total. Moving forward, the year 2020 witnesses a revenue of 15350.41 crores. To date, 2021 has seen revenue of 11988.95 crores in total. 

Devyani International IPO Stores

The RJ Group – Ravi Jaipuria Company subsidiary named ‘Devyani International’ has its presence via multiple stores. With the help of the Yum brand, the devyani group came into existence in the year 1997. This group opened their first-ever retail outlet in Rajasthan. The Devyani Group, in the last three quarters, overall has opened more than 45 stores. As far as its upcoming planning is concerned, it’s focussed on following the pattern of ‘Small Stores’ for Pizza Hut. This particular company, in June, was able to open precisely 43 stores.

Till the second half of July 2021, it managed to open 109 stores overall. Devyani group operates at general 696 stores across India. These number of stores are the data for 166 cities of our country till 30th June 2021. These stores consist of Costa Coffee, KFC, and Pizza Hut. Till last year December 2020, the Yum brand was able to make a record of having 50,000+ restaurants. These restaurants are cumulative data of 150+ countries across the globe. It consists of brands like Taco Bell, Pizza Hut, and KFC.

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