Devyani International Limited IPO
Devyani International Limited was a mainboard IPO in the Restaurants sector, offered at ₹86–₹90 per share to raise ₹1,838 crore. The issue was subscribed 116.71× overall (QIBs 95.27×, NIIs 213.06×, retail 39.52×). It listed on 16 Aug 2021 at ₹141 and closed its first day at ₹124, a listing gain of +37.2% versus the ₹90 issue price. It now trades around ₹120 (+33.8% versus the issue price).
Frequently asked questions
- How many times was the Devyani International Limited IPO subscribed?
- The Devyani International Limited IPO was subscribed 116.71× overall — 95.27× in the QIB category, 213.06× among non-institutional investors, 39.52× in retail.
- What were the Devyani International Limited IPO listing gains?
- Devyani International Limited listed on 16 Aug 2021 at ₹141, closing its first day at ₹124 — a listing gain of +37.2% versus the ₹90 issue price.
- What were the retail allotment odds for the Devyani International Limited IPO?
- Retail was subscribed 39.52×, so a single-lot application had roughly a 2.5% chance of allotment (about 1 in 40), and allotment was finalised on 10 Aug 2021.
- What was the price band and lot size of the Devyani International Limited IPO?
- The price band was ₹86–₹90 per share, with a minimum lot of 165 shares (₹14,850 at the upper band).
- Who were the registrar and lead manager for the Devyani International Limited IPO?
- Link Intime India Private Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.