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Published 3 years ago

Pizza Hut, KFC and Costa Coffee operator Devyani International opens IPO today | All you need to know

Summary by Ground News
Devyani International Limited is opening its initial public offering (IPO) on August 4, 2021. The quick-service restaurants (QSR) chain operator is eyeing an issue size of Rs 1,838.00 crore through its IPO. The company was incorporated in 1991. It has the brand strength of being one of the largest franchisees in India.

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News18 IndiaNews18 India

Pizza Hut Operator Devyani International IPO Today: GMP, Financial, Should you Invest?

Analysts observed that the company saw a tepid recovery in terms of financial performance due to pandemic, and that investors might subscribe for listing gains.

3 years ago·India
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Bloomberg QuintBloomberg Quint

Devyani International IPO Subscription Updates: Day 1

Devyani International Ltd. launched its Rs 1,838-crore initial public offering on Aug. 4, joining the companies going public in what may be India's record year for maiden offers.The operator of KFC, Pizza Hut and Costa Coffee stores in India will sell shares at Rs 86-90 apiece. The IPO comprises a fresh issue of Rs 440 crore and an offer-for-sale worth Rs 1,398 crore by selling shareholder—Dunearn and RJ Corp.The company is seeking a market valu…

3 years ago·Mumbai, India
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MoneycontrolMoneycontrol

Devyani International, KFC And Pizza Hut Operator, Opens IPO Today: Should You Grab A Bite?

Devyani International IPO: Many brokerages feel that the valuations of the issue and company are reasonable when compared to other listed peers

3 years ago·India
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India TV NewsIndia TV News

Pizza Hut, KFC and Costa Coffee operator Devyani International opens IPO today | All you need to know

In addition, 13 domestic investors including 6 mutual funds, 6 life insurance companies and one general insurance company participated in the anchor book too.

3 years ago·India
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Financial ExpressFinancial Express

KFC operator Devyani International’s IPO fully subscribed on day one; check grey market premium

Devyani International’s IPO was fully subscribed in three hours of bidding on the initial day today.

3 years ago
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Zee BusinessZee Business

Largest franchisee of Pizza Hut, KFC, Costa Coffee in India! Devyani International collects Rs 825 cr from anchor investors

The company has decided to allocate 9.16 crore equity shares to 41 anchor investors at Rs 90 apiece, aggregating to Rs 825 crore, according to a statement.

3 years ago·India
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