Devyani International IPO GMP - Latest Grey Market Premium Today, Open and closing dates
Know All About Devyani International IPO as on Today - Devyani International IPO GMP (Devyani International Gray Market Premium), Kostak rates, and Subject to Sauda rates, Devyani International IPO Review. We will update Gray Market Premium everyday. Devyani International IPO will start from 4th August 2021, all information about Devyani International IPO is given below.
Devyani international Ltd. is the largest franchise of renowned brands like KFC, Pizza Hut & Costa Coffe in India. And also among the largest opetators of chain quick-service restaurants (QSR) in India. Devyani International IPO (Initial Public Offering) will open for subscription on 04th August 2021 and remain open for bidding till 06th July 2021.
Devyani International was Incorporated in 1991 as Universal ice cream Pvt Limited, the company was renamed Devyani International Pvt limited in 2000 and was converted to a public limited company in 2005. Devyani International its assosition with YUM brands in 1997 when it opend its first Pizza Hut store in jaipur. Since then, the company has expanded over 695 locations in 166 cities across India.
The IPO price band of Devyani International has been fixed from ₹86 to ₹90.Total Issue size of Devyani Iternational Ipo is Approx ₹1838 Cr. The company wants to raise Rs 440 crore through Initial Public Offering (IPO). Where Rs 440 crore will be from fresh issue and the rest will be under OFS (Offer for Sale). In this IPO, shares worth Rs 1398 crore will be sold through offer for sale. The Devyani International IPO will be listed on NSE and BSE on 16 august.
What is Devyani International IPO GMP Today?
Devyani International IPO GMP is ₹45 as on today.
What is Devyani International IPO Kostak Rates Today?
Devyani International IPO Kostak Rates is ₹0.
What is Devyani International IPO Expected Returns (in %)?
Devyani International IPO Expected Returns is 60%.
About Devyani international Limited
The Company currently has 284 KFC stores & 317 Pizza Hut stores in operation as of june 2021. It also operates 44 Costa Coffee store Currently. In the international business, Devyani operates 39 stores as of june 2021 including 34 KFC storesand 3 Pizza Hut stores in Nepal & Niigeria.
KFC is the single largest brand for the company with sales of Rs 644.26 Cr countibuting to 56.77% of the total revenue in FY21. As of june 2021, Devyani has 284 KFC stores in 107 cities in India.
Pizza Hut is the 2nd biggest brand for Devyani accounting for 25.37% of total sales in FY21. As of june 2021, the company operates 317 Pizza Hut stores in 106 cities in India.
Costa Coffee is the 3rd biggest brand that Devyani operates. It accounted for 5-7% of total sales in FY19 & FY20 but fell to 1.88% of total sales in FY21 due to extreme impact from CIVID-19.
The bussiness is devided into roughly 3 segments which are:
- Core brands: KFC, Pizza Hut, Costa Coffee.
- International Business: KFC and Pizza Hut Stores in Nepal & Nigeria.
- Other Business: Other brands like Vaango and foodStreet
Devyani International GMP (Grey Market Premium)
DATE | GMP | COSTAK |
---|---|---|
25 July | ₹0 | ₹0 |
26 July | ₹0 | ₹0 |
27 July | ₹20 | ₹150 |
28 July | ₹20 | ₹150 |
29 July | ₹20 | ₹150 |
30 July | ₹50 | ₹150 |
31 July | ₹50 | ₹150 |
01 August | ₹50 | ₹150 |
02 August | ₹50 | ₹150 |
03 August | ₹55 | ₹150 |
04 August | ₹60 | ₹0 |
05 August | ₹65 | ₹0 |
06 August | ₹65 | ₹0 |
07 August | ₹60 | ₹0 |
08 August | ₹60 | ₹0 |
09 August | ₹60 | ₹0 |
10 August | ₹60 | ₹0 |
11 August | ₹45 | ₹0 |
Devyani International IPO Date and Price Band Details
IPO Open | 04th August |
IPO Close | 06th August |
Listing Date | 16th August |
Listing On | NSE & BSE |
IPO Size | Approx ₹1838 Cr. |
Fresh Issue | Approx ₹440 Cr. |
Offer For Sale | Approx ₹1398 Cr. |
Price Band | ₹86 - 90₹ per share. |
Face Value | ₹1 per Equity share |
PE | -- |
Equity | 22,63,01071 |
Retail Portion | 10% |
Devyani International IPO Market Lot & Size
Minimum Lot | 01 |
Minimum Lot Size | 165 Shares |
Minimum Amount | ₹14,850 |
Maximum Lot | 13 |
Maximum Lot Size | 2145 |
Maximum Amount | ₹193,050 |
Devyani International IPO Allotment & Listing Date
Ipo Opening Date | 04 August 2021 |
IPO Closing Date | 06 August 2021 |
Basis of Allotment | 11 August 2021 |
Refund Date | 12 August 2021 |
Credit to Demat Account | 13 August 2021 |
Listing Date | 16 August 2021 |
Purpose of the offer
- Repayment of all or certain of Our borrowing.
- General corporate purposes.
Devyani International IPO Review
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Devyani International Ipo Review
Review For Listing Gain
Review For Short Term
Review For Long Term
Strength
- Devyani International's biggest strength is the massive global prosperity of the brands (KFC, Pizza Hut, Costa Coffee etc.) under this company.
- The second strength is that it falls in the category of quick service restaurants and this category has good potential due to which this market is going to grow a lot in future.
- KFC comes under Devyani International which is a big player in fried chicken. Apart from this there is no big organized player
- The company has a long association with Yum Food and Costa which provides it access to many innovative products or processes developed by these international giants globally.
weakness
- Despite having so much potential, the company is still in loss and has not become profitable.
- The company is over reliant on its association with Yum foods with KFC and pizza Hut accounting for 92.28% of revenue in Financial year 2021.
- Coffee shop business has huge potential but no chain has achieved huge market share in India.
Devyani International Finacials
Devyani International Peers (in Crores)
Particulars | Jubliant Foodworks | Burger King India | Devyani International |
---|---|---|---|
Market Cap | ₹48,000 | ₹6,900 | ₹12,000 |
No. of Stores | 1335 | 261 | 504 |
Revenues | ₹8,885 | ₹841.2 | ₹1516 |
Debt | ₹0 | ₹229 | ₹463 |
Devyani International Ltd Financials(in Crores)
Year | Total Assets | Total Revenue | PAT |
---|---|---|---|
2019 | 1807.49 | 1323.68 | -59 |
2020 | 1883.58 | 1535.04 | -78 |
2021 | 1668.41 | 1198.90 | -81 |
FAQs About Devyani International Ipo
What is the Devyani International IPO opening date?
Devyani International IPO opening date is 4th August 2021.
What is Devyani International IPO GMP Today?
Devyani International IPO GMP is ₹45 as on today.
How much is Devyani International IPO Kostak Rate Today?
Devyani International IPO Kostak Rate is ₹0 as on today.
What is the Devyani International IPO Closing date?
Devyani International IPO Closing date is 06th August 2021.
What is the Devyani International IPO listing date?
Devyani International IPO listing date is 16 August 2021.
What is Devyani International IPO Subject to Sauda Today?
Devyani International IPO Subject to Sauda is ₹0 as on today.
What is Devyani International IPO Expected Returns after Listing?
Devyani International IPO Expected Returns is 50-60%.
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