Check out Devyani International IPO GMP aka IPO Grey Market Premium, Kostak rates, and Subject to Sauda rates as of today. Devyani International IPO GMP is going up and stable around 50-55 level. Most of the investors are applying Devyani IPO for listing gain.
Devyani International IPO to hit the market on 04 August 2021 and closes on 06 August 2021 as the dates are officially announced in RHP. The company to raise ₹440 crore via fresh issue and offer for sale will be 155,333,330 shares. They are food and beverages major and the largest franchisee of Pizza Hut, KFC and Costa Coffee. Till March 2021 they operated 264 KFC stores and 297 Pizza Hut stores across India. The brand name will surely help the demand in grey market. The IPO price band is might be around ₹86 to ₹90. The Devyani International IPO to list on NSE and BSE.
What is Devyani International IPO GMP Today?
The Devyani International IPO GMP aka grey market premium is ₹55.
What is Devyani International IPO Kostak Rates Today?
The Devyani International IPO kostak rate is ₹0.
What is Devyani International IPO Subject to Sauda Price Today?
The Devyani International IPO subject to sauda rates is ₹0.
Devyani International IPO Expected Returns?
The Devyani International expected return is 60-70%.
Devyani International IPO GMP Rates day by day with Kotak rates.
About Devyani International
We began our relationship with Yum in 1997, when we commenced operations of our first Pizza Hut store in Delhi. We have subsequently continued to expand our operations with both KFC and Pizza Hut franchises, and as of March 31, 2021, operated 264 KFC stores and 297 Pizza Hut stores across India. In addition, we are also the franchise of Costa Coffee brand in India, which is owned by Costa International and operated 44 Costa Coffee stores, as of March 31, 2021.
Devyani International IPO Date & Price Band
|IPO Open:|| 04 August 2021|
|IPO Close:|| 06 August 2021|
|IPO Size:||Approx ₹1838 Crores|
|Fresh Issue:||Approx ₹440 Crores|
|Offer for Sale:|| Approx ₹1398 Crores|
|Face Value:||₹1 Per Equity Share|
|Price Band:||₹86 to ₹90 Per Share|
|Listing on:||BSE & NSE|
|Discount:||– Per Equity Shares|
Devyani International IPO Market Lot
|Minimum Lot Size:||Minimum 165 Shares|
|Maximum Lot Size:||Maximum 2145 Shares|
Devyani International IPO Date, Time Table, Allotment & Listing
|Price Band Announcement:|| 30 July 2021|
|Anchor Investors Allotment:|| 03 August 2021|
|IPO Open Date:|| 04 August 2021|
|IPO Close Date:|| 06 August 2021|
|Basis of Allotment:|| 11 August 2021|
|Refunds:|| 12 August 2021|
|Credit to Demat Account:|| 13 August 2021|
|IPO Listing Date:|| 16 August 2021|
Devyani International IPO GMP aka Grey Market Premium FAQs:
- IPO Grey Market Premium (Devyani International IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies.