Devyani International IPO Allotment Status, Allotment Date, Grey Market Premium: Devyani International IPO allotment will be happening on Wednesday August 11, 2021 and it will be listed on August 16, 2021 on both the exchanges NSE, BSE.
Devyani International is going to finalise it’s initial public offering share allotment status in the upcoming week. The subscription of Devyani International took place between August 4 to August 6. Devyani International IPO which worths Rs. 1838 crore had received a strong response from the investors and it got subscribed 52.88 times. The price band for the issue was fixed at Rs 86-90 per equity share. The subscription from QIB is also recorded 24.05 times. The non-institutional quota was subscribed 125.59 times while the retail quota was subscribed 33.15 times.
What is Devyani International IPO allotment date?
The IPO Allotment date of Devyani International is August 11, 2021 (Wednesday).
Devyani International IPO GMP Today (Grey Market Premium)
The current GMP – Grey Market Price of Devyani International IPO is Rs. 65. It is creating strong base and increasing sharply in the grey market. It was having a premium of around Rs 15-20 last week in the unofficial market, and now the stock is trading at a premium of more than Rs 60 in the grey market.
How to check Devyani International IPO allotment status on BSE website?
- Step-1 : Go to official BSE website.(https://www.bseindia.com/investors/appli_check.aspx)
- Step-2 : Select equity in Issue type.
- Step-3 : Select ‘Devyani International’ in Issue Name dropdown.
- Step-4 : Enter Application No, Pan No & hit the search button.
How to check Devyani International IPO allotment status on Link Intime website?
- Step-1 : Go to Link Intime India website: (https://www.linkintime.co.in/IPO/public-issues.html)
- Step-2 : Select the ‘Devyani International – IPO’ option in company dropdown.
- Step-3 : Enter Pan No./Application No./DP Client ID/Account-IFSC No. and hit the Submit button.
Devyani International IPO Registrar Details
Company : Link Intime India Private Ltd
Location : C 101, 247 Park, L.B.S.Marg, Vikhroli (West), Mumbai – 400083
Phone : +91-22-4918 6270
Email : [email protected]
Website : https://www.linkintime.co.in/
What does Devyani International do?
Devyani International is an associate company of RJ Corp which is largest bottler of Pepsico having interests in Beverages, Food, Dairy, Healthcare, Real Estate, Education is the fastest growing, customer centric, profitable player in the Indian retail F&B sector, with presence in different space zones cutting across Indian subcontinent, Nepal and Nigeria with 500+ restaurants.
Devyani International operates Pizza Hut, KFC and Costa Coffee in India. Devyani International is a limited company which has launched its own brand Vaango – a world class south Indian QSR chain and plans to take it across India. Devyani International also runs Food Courts and Lounge in many metro cities including Delhi, Mumbai, Hyderabad, Raipur, Srinagar, Lucknow & Trichy airports and several hospitals and malls. We can say that Devyani International is a king in food sector and has strong base in this market.
Is Devyani International Profitable?
No, As per company’s last three years financials we can say that Devyani International is not making any profits yet. But good point is company has minimized it’s losses in FY21 in comparison with FY20. Company’s total revenue has decreased to Rs. 1198 crore in FY21 from Rs. 1535 crore as compared to FY20.