Burger King India Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 101,250,000 (75%) | — | ₹60,750 Cr |
| NII (HNI) | — | 20,250,000 (15%) | — | ₹12,150 Cr |
| Retail | — | 13,500,000 (10%) | — | ₹8,100 Cr |
| Σ Total | — | 135,000,000 (100%) | — | ₹810,000 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 250 | ₹15,000 |
| Retail (Max) | 13 | 3,250 | ₹195,000 |
| S-HNI (Min) | 14 | 3,500 | ₹210,000 |
| B-HNI (Min) | 67 | 16,750 | ₹1,005,000 |
Financial Statements Amount in Crore
| Metric | 30-Sep-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 152 | 847 | 644 |
| Profit After Tax | 119 | 77 | 38 |
| Total Assets | 1,177 | 1,198 | 920 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 Repayment or prepayment of outstanding borrowings of our Company obtained for setting up of new Company-owned Burger King Restaurants; and – 164.98
- 2 Capital expenditure incurred for setting up of new Company-owned Burger King Restaurants – 177.00
- 3 General corporate purposes – 71.17
Company Overview
Burger King is the India's fastest growing quick service restaurant chains. It is the second largest fast food burger brand with having 216 Burger-King restaurants and 8 Sub-Franchised Burger King restaurants.
It has an exclusive right to establish, develop, and operate Burger King branded restaurants in India. It aims to cater to the Indian tastes and preferences through adding new food offerings to its product portfolio. Company establishes its branches in high traffic areas in key metropolitan areas and cities across the country.
Competitive strengths
- Strong customer value preposition.
- Exclusive franchise rights in India.
- Brand value and customer loyalty.
- Vertically scalable supply chain.
- Experienced and professional management team.