Burger King IPO Date, Review, Price Band, Form & Market Lot Details

Vijay Prajapati
November 7, 2019

Vijay Prajapati

Burger King IPO date is finalized on 02 December and closes on 04 December. The price band is fixed at Rs.59-60. Burger King India is going to raise ₹810 crores via IPO. As we all know Burger King is a restaurant chain with over 200 outlets in 47 cities in India. They are India’s fastest growing quick service restaurant chains. They have established their restaurants in high traffic areas in metropolitan areas. The company to list on NSE and BSE. The company has a ticket value of Rs.500-550. Check out Burger King IPO date, price band, and market lot details.

Of the total fresh issue, the company has reserved Rs 150 crore towards pre-IPO placement. Of which, company has undertaken a pre-IPO placement by way of a rights issue of 1.32 crore equity shares to promoter selling shareholder for cash at a price of Rs 44 per share aggregating to Rs 58.08 crore. – MoneyControl

Equity Shares outstanding prior to the Issue = 29,09,41,785 Shares
Fresh Issue of Shares 9,03,20,000 @60/- = Rs.541.92 Crores
Offer for Sale of 6,00,00,000 Shares @60/- = Rs.360.00 Crores
Less: Pre-IPO Placement of (1,53,20,000) Shares @60/- = Rs.(91.92) Crores
Equity Shares outstanding after the Issue = 13,50,00,000 Shares

Category-wise Break up:
Anchor: 6,07,50,000 Shares = 364.50 Crores
QIB: 4,05,00,000 Shares = 243.00 Crores
NII: 2,02,50,000 Shares = 121.50 Crores
RII: 1,35,00,000 Shares = 81.00 Crores (Lot size: 250 = 54,000 Forms)
Total Issue: 13,50,00,000 Shares = 810.00 Crores.

Subscription required for 1X
RII = 54,000 Forms
NII = 121.50 Crores

Burger King IPO Review:

Apply with Short Term and Long Term Gain

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Read also:

Burger King GMP Rates

Burger King Subscription Numbers
Burger King Allotment Status
Burger King Listing Date & Price

Burger King IPO Dates & Price Band: (Tentative)

IPO Open:	02 December 2020
IPO Close:	04 December 2020
IPO Size:	Approx ₹810 Crores
Face Value:	₹10 Per Equity Share
Price Band:	₹59 to ₹60 Per Share
Listing on:	BSE & NSE
Retail Portion:	10%
Equity:	13,50,00,000 Shares

Burger King IPO Market Lot:

Minimum Lot Size:	Apply for 250 Shares
Minimum Amount:	₹15,000
Maximum Lot Size:	Apply for 3250 Shares
Maximum Amount:	₹1,95,000

Burger King IPO Allotment & Listing:

Basis of Allotment:	09 December 2020
Refunds:	10 December 2020
Credit to Demat Account:	11 December 2020
Listing Date:	14 December 2020

Burger King IPO Form:

How to apply the Burger King IPO? You can apply Burger King IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting Burger King IPO in the Invest section. The other option you can apply Burger King IPO via IPO forms download via NSE and BSE. Check out the Burger King forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

Burger King Financial:

₹ in Crore
	Revenue	Expense	PAT
2017	–	–	–
2018	389	471	-81.4
2019	644	682	-38.6
2020	847	919	-77.6
H1 2021	152	269	-119

Company Promoters:

QSR Asia PTE LTD.

Quick Links:

DRHP Draft Prospectus
RHP Draft Prospectus

Burger King IPO Registrar:

Link Intime India Private Limited
C-101, 1stFloor, 247 Park,
Lal Bahadur Shastri Marg
Vikhroli (West) Mumbai,
Maharashtra 400 083
Tel: +91 22 49186200
E-mail: [email protected]
Investor grievance E-mail: [email protected]
Contact Person: Shanti Gopalkrishnan
Website: www.linkintime.co.in
SEBI Registration No.: INR000004058
Note: Check Burger King IPO allotment status on Linkintime website allotment URL. Click Here

Burger King IPO Lead Managers:

Edelweiss Financial Services
Kotak Mahindra Capital
JM Financial
CLSA

Company Address:

Burger Kind India Limited
Unit Nos.1003 to 1007,
10th Floor, Mittal Commercia,
Asan Pada Rd, Chimatpada, Marol,
Andheri (E), Mumbai, Maharashtra, 400 059
Tel: +91 2271933047
Contact Person: Ranjana Saboo
Company Secretary, Compliance Officer and Head Legal
Tel: +91 2271933047
E-mail: [email protected]
Website: www.burgerkingindia.in
Corporate Identity Number: U55204MH2013FLC249986

Burger King IPO FAQs:

When Burger King IPO will open for QIB, NII, and Retail?

The IPO is to open on 2 December 2020 for QIB, NII, and Retail Investors.

What is Burger King IPO Investors Portion?

The investors’ portion for QIB-50%, NII-35%, and Retail 10%.

How to Apply the Burger King IPO?

You can apply Burger King IPO via ASBA online via your bank account. You can apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

How to Apply the Burger King IPO through Zerodha?

Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Burger King India”. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

What is Burger King IPO Size?

Burger King IPO size is ₹810 crore.

What is Burger King IPO Price Band?

Burger King IPO Price Band is ₹59-₹60.

What is Burger King IPO Minimum and Maximum Lot Size?

The minimum bid is 250 Shares with ₹15000 amount while maximum bid is 3250 shares with ₹195000.

What is Burger King IPO Allotment Date?

Burger King IPO allotment date is 09 December 2020.

What is Burger King IPO Listing Date?

Burger King IPO listing date is 14 December 2020. The IPO to list on BSE and NSE.

Note: The Burger King IPO date and price band will be added as it will be officially announced. The IPO grey market premium (IPO GMP) will be added on the grey market page as it will start.

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