Devyani International IPO subscription to start from 04 August 2021, Wednesday. The retail portion of this IPO is 10%, QIB is 75% and HNI is 15% quota. Devyani International is the largest franchisee of Yum! Brands in India. They are one of the second-largest QSR (quick-service restaurant) company in the world. The brand name includes for Devnyani International are stores of KFC, Pizza Hut and Costa Coffee operated in India. The company reported a loss of ₹81.32 crores in 2021 that was ₹78.75 crores in 2020. The revenues is stable around ₹1324 crores in 2021 against ₹1535 crores in 2020. The Devyani International price band is fixed at ₹86 to ₹90 Per Share with face value of ₹1 Per Equity Share. The minimum bid is for 165 Shares (₹14,850) and maximum bid is 2145 shares (₹193,050). Devyani International IPO to raise ₹401.54 Crores via initial public offer. Please check the Devyani International IPO details over here.
IPOWatch View
We recommend investors to apply this IPO for short term and long term view. We already witnessed the success of Burger King IPO. The IPO Subscription is started! Check Devyani IPO allotment status here.
IPO Subscription Note:
The subscription for the retail will remain open till 8:00 PM on August 06, 2021.
Devyani International IPO Subscription Status (Live Data)
(Day 3 – Till 7:45)
The Devyani International IPO subscribed 116.71x on day 3 till 7:45. The subscription comprises Qualified Institutional Buyer (QIB) 95.27x, (Non-institutional Bidders) NII 213.06x and Retail 39.51x.
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.77x | 1.32x | 95.27x |
| NII | 0.77x | 6.37x | 213.06x |
| RII | 11.35x | 22.94x | 39.51x |
| EMP | 1.56x | 3.10x | 4.70x |
| Total | 2.69x | 6.61x | 116.71x |
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 |
| Retail Portion: | 10% |
| Equity: | 22,63,01,071 Shares |
| Discount: | – Per Equity Shares |
Devyani International IPO Market Lot
| Minimum Lot Size: | Minimum 165 Shares |
| Minimum Amount: | ₹14,850 |
| Maximum Lot Size: | Maximum 2145 Shares |
| Maximum Amount: | ₹193,050 |
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 Subscription FAQs:
When Devyani International IPO Subscription will start?
The IPO subscription starts on 04 August 2021 for QIB, NII, and Retail Investors.
How much Devyani International IPO subscribed?
The IPO subscribed 116.71x times on day 3.
What is Devyani International IPO Retail subscription status?
The RII subscription is 39.51x on day 2.
How to subscribe Devyani International IPO?
You can go with ASBA and Non ASBA option for subscription. Go to your bank account and apply IPO online via ASBA or download form online or get the physical form and submit the filled form to your broker or bank.
How do i check live Devyani International IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE website.
