Home stock market IPO's Burger King IPO 2020 Review|Grey Market Price|GMP

Burger King IPO 2020 Review|Grey Market Price|GMP

burger king ipo details, burger king grey market price

Burger King IPO 2020 grey Market price is trading at 50% before the issue off shares in the market. Burger King is one the largest growing company in india. Burger King Ipo is catching the eyes of the big investors as they have less competition as well as higher growth potential in the future. Burger King IPO will attract good amount of bids and hence the grey market price is surging every day.

Burger King IPO Grey Market Price :

Grey market premium for burger king ipo is trading at 50% in the market. Brokerage Houses are positive about this ipo and hence issues subscribe rating my many firms. Burger King ipo will start accepting bids from Dec 2 2020 to Dec 4 2020.

Burger King grey market will be trading higher in coming future as the craze increases it will definetely attracts many investors to apply for this ipo.

Burger King IPO Dates :

Offer Opens OnDec 2, 2020
Offer Closes OnDec 4, 2020
Finalisation of Basis of AllotmentDec 9, 2020
Initiation of RefundsDec 10, 2020
Credit of Shares to DematDec 11, 2020
IPO Shares Listing DateDec 14, 2020

Burger King IPO Price & Lot size :

ApplicationLotsSharesAmount
Minimum1250Rs. 15,000
Maximum133250Rs 195,000

Burger King IPO Complete Details :

IPO DateDec 2, 2020 – Dec 4, 2020
Issue TypeBook Built Issue IPO
Issue Size135,000,000 Eq Shares of Rs. 10
Fresh Issue75,000,000 Eq Shares of Rs. 10
Offer for Sale60,000,000 Eq Shares of Rs. 10
Face ValueRs. 10 per equity shares
IPO PriceRs. 59 to Rs. 60 per equity shares
Market Lot250 Shares
Min Order Quantity250 Shares
Listing AtBSE, NSE

Financial Performance :

ParticularsFor the year/period ended(in Mn)
30-Sep-2031-Mar-2031-Mar-1931-Mar-18
Total AssetsRs. 11,771.1811,977.079,204.727,303.55
Total RevenueRs. 1,516.548,468.296,441.303,887.37
Profit After TaxRs. (1,189.46)(765.70)(382.79)(822.32

As is most of the case with most companies in growth phase of the company, The Burger King has registered higher revenues in each of the last 3 consequite years. However, this streak appears to be coming to an end in FY 2020- 2021 due to the corono virus pandemic.

The company has not been able to make profits in these years and the impact of Covid-19 pandemic is clearly visible in its profits during the latest six months.

Company Details:

They are one among the fastest growing international QSR chains in India during the primary five years of their operations supported number of restaurants.As the national master franchisee of the BURGER KING brand in India, they need exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India.

Their master franchisee arrangement provides them with the power to use Burger King’s globally recognised name to grow their business in India, while leveraging the technical, marketing and operational expertise related to the worldwide Burger King brand.The Promoter of this company is QSR ASIA PTE. LTD. The lead manager to the difficulty is Kotak Mahindra Capital Company Limited, CLSA India Private Limited, Edelweiss Financial Services Limited and JM Financial Limited. The Registrar to the present issue is Link Intime India Private Limited. Burger king grey market is trading well in the market before the issue of shares.

Burger King IPO Business Overview :

Their master franchisee arrangement provides them with flexibility to tailor their menu to Indian tastes and preferences, also as their promotions and pricing. Their customer proposition focuses on value leadership, offering their customers variety through innovative new food offerings at different day parts, catering to the local Indian palate, offering a good range of vegetarian meal options, and their taste advantage and flame grilling expertise.

They believe that this permits them to grow their customer base by attracting customers trying to find everyday value and giving them opportunities to access their brand for the primary time.This also increases the frequency and occasions when customers can visit their restaurants, which drives footfalls and same-store sales.

This has driven footfalls and same-store sales in their restaurants and enabled them to become one among the fastest growing QSR brands to succeed in 200 restaurants among international QSR brands in India during the primary five years of their operations. 

Burger King IPO Limited: Strengths :

  • They make Exclusive national master franchise rights in India for thier Business.
  • They have Strong customer proposition in india
  • They make Brand positioned for millennials 109
  • It has Vertically managed and scalable supply chain process.
  • Operational quality, a people-centric operating culture and effective technology systems
  • Well defined restaurant roll out and development process
  • Experienced, passionate and professional management team.

Burger King IPO – Basis of the Offer Price of IPO

The issue price is determined by the company management by consulting with the Lead manager on the basis of the following qualitative and quantitative factors. hence The factors are given below

Qualitative factors about Burger king ipo:

  • Exclusive national master franchise rights in India
  • Strong customer proposition
  • Brand positioned for millennials
  • Vertically managed and scalable supply chain
  • Operational quality, a people-centric operating culture and effective technology systems
  • Well defined restaurant roll out and development process
  • Experienced, passionate and professional management team

Burger King IPO will be a good bet in the long run as the company has the plan of expansion all over the india. Currently the company is planning to set up 800 stores by the year 2026. Hence there will be good amount of revenve and profit growth in coming years for this ipo.

Also Read : LIC IPO Details

Burger King IPO allotment Status :

Burger King IPO allotment status check will be made available for our users on Dec 9 2020. One can check the ipo allotment status of burger king IPO by following the procedure.

Conclusion:

Burger King ipo grey market premium and allotment status will be available and hence will be updated every 2 hours on our site. check back regurlarly for updates.

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