IPO || Burger King IPO || Company Overview || Lot Size || Tentative Dates || GMP || Apply or leave?
About the Burger King company:-
Every day, more than 11 million guests visit BURGER KING restaurants around the world. And they do so because their restaurants are known for serving high-quality, great-tasting, and affordable food.
BURGER KING Founded in 1954, is the second-largest fast-food hamburger chain in the world. The original HOME OF THE WHOPPER, their commitment to premium ingredients, signature recipes, and family-friendly dining experiences is what has defined their brand for more than 50 successful years. Burger King (BK) is an American multinational chain of hamburger fast-food restaurants.
Burger King’s menu has expanded from a basic offering of burgers, French fries, sodas, and milkshakes to a larger and more diverse set of products. In 1957, the “Whopper” became the first major addition to the menu, and it has become Burger King’s signature product since.
As we all know Burger King is a restaurant chain with over 220 outlets in 47 cities in India. They are India’s fastest growing quick-service restaurant chains.
Now, the company wants to list on NSE and BSE and come up with Approx. ₹810 Crores IPO. the object of the issue is The net proceeds from the IPO will be used to finance the roll-out of new company-owned Burger King Restaurants. and to meet the general corporate purposes.
Check Burger King IPO Allotment status Here:-
Or
Visit:- https://linkintime.co.in/MIPO/IPO.aspx
Burger King IPO Dates, Price Band, Lot size:–
| Bid Open: | 02 December 2020 |
| Bid Close: | 04 December 2020 |
| IPO Size: | Approx. ₹810 Crore |
| Price Band: | ₹59 – ₹60 Per Share |
| No. of Equity Share | 13,50,00,000 Shares |
| Face Value | ₹10 Per Equity Share |
| Listing on: | BSE & NSE |
| Retail Portion: | 35% |
| QIB Portion: | 50% |
| NIB Portion: | 15% |
| Lot Size (Apply): | Minimum 250 Shares Maximum 3250 Shares |
| Minimum Amount: | ₹15000/- |
| Maximum Amount: | ₹195000/- |
Burger King IPO Allotment & Listing Tentative Date:-
| Finalization of Basis of Allotment: | 09 December 2020 |
| Initiation of Refunds: | 10 December 2020 |
| Credit to Demat Account: | 11 December 2020 |
| IPO Listing Date: | 14 December 2020 |
How to Apply for Burger King IPO:-
Now you can apply for IPO through your De-MAT account. Just simply log in to your De-MAT Account and Go to the IPO section under the Investment option and select open IPOs and make payment through UPI Apps. and 2nd ways to apply is through the ASBA facility available in your Bank Account you have to just log in to your net banking and go to the Investment option and select Open IPO list, and if you have not Net banking then you can apply offline through Filling a simple form with your Brokers.
Note:- For Free Demat Account Opening or any Other Assistant you may Contact on +9187088-20004
Company Registered Address:–
Burger King India Limited
Unit Nos.1003 to 1007,10thFloor, Mittal Commercia,
Asan Pada Rd, Chimatpada, Marol, Andheri (E),
Mumbai, Maharashtra, 400 059
Phone: +91 2271933047
Email: [email protected]
Website: http://www.burgerkingindia.in
Burger King IPO book running lead managers:–
- CLSA India Private Limited
- Edelweiss Financial Services Ltd
- JM Financial Consultants Private Limited
- Kotak Mahindra Capital Company Limited
Read official documents:-
Burger King IPO Grey Market Premium:-
30-40 as on today.
Note:- Grey Market Premium changing on daily basis do not subscribe or invest just seeing Grey Market. before Investment please do some research with your Investment Planner or Adviser.
Our Review on Burger King IPO:-
According to CA Info Team:- Investor and small Trader Should apply for listing gain and Long term Purpose.
!!!!! Thank you !!!!!
