Burger King IPO Price, Allotment, Dates, Subscription GMP: Burger King India Ltd is one of the quickest developing global QSR chains in India during the initial five years of our tasks dependent on number of eateries. As the national ace franchisee of the BURGER KING® brand in India, organization has selective rights to create, set up, work and establishment Burger King marked cafés in India. The ace franchisee game plan furnishes organization with the capacity to utilize Burger King’s comprehensively perceived brand name to develop our business in India, while utilizing the specialized, showcasing and operational aptitude related with the worldwide Burger King brand. As at June 30, 2019, we had 202 cafés, including seven Sub-Franchised Burger King Restaurants, crosswise over 16 states and association regions and 47 urban areas crosswise over India. Organization intends to have around 325 cafés, including Sub-Franchised Burger King Restaurants, open by December 31, 2020.
Burger King brand
The universally perceived Burger King brand was established in 1954 in the United States and is possessed by Burger King Corporation, a backup of Restaurant Brands International Inc., which holds an arrangement of cheap food marks that are perceived the world over that incorporate the BURGER KING®, POPEYES® and TIM HORTONS® brands. The Burger King brand is the second biggest cheap food burger brand all around as estimated by the all out number of cafés, with a worldwide system of more than 18,000 eateries in excess of 100 nations and U.S. domains as at June 30, 2019.
Burger King Master Franchise and Development Agreement:
The BURGER KING® brand is the second biggest inexpensive food burger brand internationally as estimated by the absolute number of cafés, with a worldwide system of more than 18,000 eateries in excess of 100 nations and U.S. domains as at June 30, 2019.
Under the Master Franchise and Development Agreement, our Company has been conceded the select right to create, build up and work and establishment the Burger King eateries in India.
Since opening of the first Burger King cafés in Quite a while in November 2014, our Company has developed to a skillet India QSR chain with 202 eateries, including seven sub-diversified eateries, crosswise over 16 states and association domains and 47 urban communities crosswise over India as at June 30, 2019.
Further, under the Master Franchise and Development Agreement, Company is required to create and open at any rate 700 cafés by December 31, 2025. Organization’s lord franchisee plan, which lapses on December 31, 2039, gives us the capacity to utilize Burger King’s universally perceived brand name to develop our business in India, while utilizing the specialized, advertising and operational aptitude related with the worldwide Burger King.
Organization additionally appreciates positive eminence rates that are topped at 5% under the ace franchisee course of action. The company will look to list with the Bombay Stock Exchange as well as the National Stock Exchange. Kotak Mahindra Capital, CLSA India, Edelweiss Financial Services and JM Financial are lead managers of the IPO. With an average ticket value of Rs 500-550, the company had 202 outlets in 47 cities as of June 30.
McDonald’s is the classification chief in burger and sandwiches with near 42 percent piece of the pie in the class and the income of McDonald’s has developed at a CAGR of 19 percent.
Financials of Burger King (India) Ltd.:
| (In Crores) | FY 17 | FY 18 | FY 19 | 30th June 2019 |
| Revenue | 234.10 | 388.70 | 644.10 | 214.26 |
| Net Profit | (71.80) | (82.20) | (38.20) | (1.76) |
Valuation of Peer Group Companies of Burger King:
| Company Name | Face Value | EPS | PE Ratio | RoNW | NAV |
| Burger King India Ltd. | 10 | (1.44) | will be updated | (15.30)% | 9.42 |
| Jubliant Foodworks Ltd | 10 | 24.23 | 65.02 | 25.39% | 95.45 |
| Westlife Development Ltd. | 2 | 2.58 | 134.67 | 6.91% | 37.47 |
Burger King (India) Ltd. IPO Details:
| Details | Info |
| Issue Opens on | Dec 2, 2020 |
| Issue Closes on | Dec 4, 2020 |
| Price Band | ₹59 to ₹60 per equity share |
| Face Value | ₹10 per equity share |
| Minimum Lot | 250 Shares |
| Minimum Investment | ₹15,000 |
| Maximum Investment | ₹195,000 |
| Issue Size | ₹810.00 Cr |
| Listing at | BSE, NSE |
| Equity Shares Offered | 135,000,000 Eq Shares of ₹10 |
Burger King (India) Ltd. Latest Grey Market Premium (GMP)
| Symbol | Offer Price | Grey Market Premium | Kostak Rates |
| Burger king (India) Ltd. | ₹60 | ₹24-25 | ₹250 |
Burger King (India) Ltd. Subscription Details
| Subscription (Category Wise) | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | ||||
| NII | ||||
| Retail | ||||
| Employee | ||||
| Total |
| COMPANY CONTACT DETAILS | IPO REGISTRAR DETAILS |
| Burger King India Limited Unit Nos.1003 to 1007 10th Floor, Mittal Commercia Asan Pada Rd Chimatpada Marol, Andheri (E) Mumbai, Maharashtra 400 059 Tel: +91 22 7193 3047 Email: investor@burgerking.in Website: www.burgerkingindia.in | Link Intime India Private Limited C-101, 1st Floor, 247 Park, Lal Bahadur Shastri Marg Vikhroli (West) Mumbai, Maharashtra 400 083 Tel: +91 22 4918 6200 E-mail: burgerking.ipo@linkintime.co.in Website: www.linkintime.co.in |
Burger King IPO Allotment Status
Burger King IPO Allotment Status can be checked here by clicking find the IPO Allotment Status. Allotment of Equity Shares as per the Fresh Issue and move of the Offered Shares of the Promoter Selling Shareholders compliant with the Offer available to be purchased to the effective Bidders. Be that as it may, the Allotment status isn’t yet uncovered.
