Burger King India Limited IPO
Burger King India Limited was a mainboard IPO, offered at ₹59–₹60 per share to raise ₹810 crore. The issue was subscribed 156.65× overall (QIBs 86.64×, NIIs 354.11×, retail 68.15×). It listed on 14 Dec 2020 at ₹112 and closed its first day at ₹135, a listing gain of +125.0% versus the ₹60 issue price. It now trades around ₹88 (+46.2% versus the issue price).
Frequently asked questions
- How many times was the Burger King India Limited IPO subscribed?
- The Burger King India Limited IPO was subscribed 156.65× overall — 86.64× in the QIB category, 354.11× among non-institutional investors, 68.15× in retail.
- What were the Burger King India Limited IPO listing gains?
- Burger King India Limited listed on 14 Dec 2020 at ₹112, closing its first day at ₹135 — a listing gain of +125.0% versus the ₹60 issue price.
- What were the retail allotment odds for the Burger King India Limited IPO?
- Retail was subscribed 68.15×, so a single-lot application had roughly a 1.5% chance of allotment (about 1 in 68), and allotment was finalised on 8 Dec 2020.
- What was the price band and lot size of the Burger King India Limited IPO?
- The price band was ₹59–₹60 per share, with a minimum lot of 250 shares (₹15,000 at the upper band).
- Who were the registrar and lead manager for the Burger King India Limited IPO?
- Link Intime India Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.