Devyani International IPO will be open from 4 Aug 2021 and close Date 6 Aug 2021. Devyani International IPO GMP Kostak rate and Subject to Sauda updated as of Today. Devyani International IPO Grey Market Premium has been Started with Low Premium Rates, We need to wait for the rates to change with the Market Sentiment in a few days or to Stabilize the Rates.
Devyani International is the largest franchisee of Pizza Hut, KFC, and Costa Coffee, in India. Apart from this, the company has its own brands including Vango, Food Street, Masala Twist, Amreli Ile Bar, and Ckrussh Juice Bar, etc. Its 692 stores operate 655 stores in 155 cities across 26 states in India. The company also has stores in Nepal and Nigeria. Devyani International is a subsidiary of RJ Corp Group of Ravi’s Jaipuria company. Devyani International is the largest bottler of Pepsico in India. The company’s business spans from beer, cold drinks, QSR, milk, ice cream, healthcare to real estate and education. Yum Brands, the world’s second-largest QSR company, has invested in Devyani International.
Devyani International IPO Issue size of ₹1838 Crores, in which Fresh Issue of ₹440 Crores and Offer For Sale of ₹1398 Crores and issue price band has been Fixed at ₹86-₹90 Per Share. The Devyani International IPO is to be listed Soon on NSE and BSE.
What is Devyani International IPO GMP Today?
■ The Devyani International IPO GMP Today Or Grey Market Premium is ₹50-₹55.
What is Devyani International IPO Kostak Rates Today?
■ The Devyani International IPO Kostak rate is ₹0.
What is Devyani International IPO Subject to Sauda Price Today?
■ The Devyani International IPO Subject to Sauda rates is ₹0.
Devyani International IPO Approximately Returns?
■ The Devyani International IPO’s approximate return is 40%-50%. And it can also change according to the Market Sentiment.
Devyani International IPO GMP, Kostak,& Subject to Sauda :
| Date | GMP | Kostak | Subject |
| 16 Aug 2021 | List-₹140.90 | ₹0 | ₹0 |
| 15 Aug 2021 | ₹50-₹55 | ₹0 | ₹0 |
| 14 Aug 2021 | ₹50-₹55 | ₹0 | ₹0 |
| 13 Aug 2021 | ₹55-₹60 | ₹0 | ₹0 |
| 12 Aug 2021 | ₹55-₹60 | ₹0 | ₹0 |
| 11 Aug 2021 | ₹45-₹50 | ₹0 | ₹0 |
| 10 Aug 2021 | ₹45-₹50 | ₹0 | ₹0 |
| 9 Aug 2021 | ₹60-₹65 | ₹0 | ₹0 |
| 8 Aug 2021 | ₹55-₹60 | ₹0 | ₹0 |
| 7 Aug 2021 | ₹55-₹60 | ₹0 | ₹0 |
| 6 Aug 2021 | ₹60-₹65 | ₹0 | ₹0 |
| 5 Aug 2021 | ₹60-₹65 | ₹0 | ₹0 |
| 4 Aug 2021 | ₹60-₹65 | ₹250 | ₹2000 |
| 3 Aug 2021 | ₹55-₹65 | ₹250 | ₹2000 |
| 2 Aug 2021 | ₹45-₹55 | ₹250 | ₹2000 |
| 1 Aug 2021 | ₹45-₹55 | ₹250 | ₹2200 |
| 31 July 2021 | ₹40-₹50 | ₹250 | ₹2200 |
| 30 July 2021 | ₹40-₹50 | ₹0 | ₹0 |
| 29 July 2021 | ₹40-₹50 | ₹0 | ₹0 |
| 28 July 2021 | ₹0 | ₹0 | ₹0 |
| 27 July 2021 | ₹0 | ₹0 | ₹0 |
| 26 July 2021 | ₹0 | ₹0 | ₹0 |
| 25 July 2021 | ₹0 | ₹0 | ₹0 |
Devyani International IPO Date & Price Band & Details :
| IPO Open : | 4 Aug 2021 |
| IPO Close : | 6 Aug 2021 |
| IPO Size : | ₹1838. Cr |
| Face Value : | ₹1 Rs. Equity Share |
| Price Band : | ₹86–₹90 Per Share |
| Listing On : | BSE, NSE |
| Issue Size : | ₹1838. Cr |
| Fresh Issue : | ₹440. Cr |
| Offer For Sale : | ₹1398. Cr |
Devyani International IPO Market Lot :
Devyani International IPO Minimum Market lot is 1 Lot with 165 shares with ₹14,850 Application amount. The retail investors can apply up to 13 lots with 2145 Shares or ₹193,050 amounts.
| Minimum Lot Size : | 1 Lot |
| Minimum Share : | 165 |
| Minimum Amount : | ₹14,850 |
| Maximum Lot Size : | 13 Lot |
| Maximum shares : | 2145 |
| Maximum Amount : | ₹193,050 |
Devyani International IPO Shares Offer :
A total of 204,222,218 shares are to be bid for the public issue by Devyani International IPO with 48,888,888 for Fresh issue and 155,333,330 for an offer for sale Shares.
| Category | Shares Offers | Amount |
|---|---|---|
| Fresh issue : | 48,888,888 | ₹440 Cr |
| Offer For Sale : | 155,333,330 | ₹1398 Cr |
| Total : | 204,222,218 | ₹1838 Cr |
Devyani International IPO Reservation :
Devyani International IPO Total Reservation of 204,222,218 shares are to be bid for the public issue by Devyani International IPO with 153,166,663 for QIB and 306,33,333 for NII 20,422,222 For RII & – Shares EMP.
| Category | Reservation | Shares | Amount |
|---|---|---|---|
| QIB : | 75 % | 153,166,663 | ₹1378 Cr |
| NII : | 15 % | 30,633,333 | ₹276 Cr |
| RII : | 10 % | 20,422,222 | ₹184 Cr |
| EMP : | – % | – | ₹ |
| Total : | 100 % | 204,222,218 | ₹1838 Cr |
Devyani International IPO Dates :
Devyani International IPO Date is 4 Aug 2021 and close Date 6 Aug 2021. The allotment will be finalized on 11 Aug 2021 and the IPO may list on 16 Aug 2021.
| Open Date : | 4 Aug 2021 |
| Close Date : | 6 Aug 2021 |
| Allotment Date : | 11 Aug 2021 |
| Refund Date : | 12 Aug 2021 |
| Share Credit Date : | 13 Aug 2021 |
| Listing Date : | 16 Aug 2021 |
Devyani International Company Financial Report (Cr) :
| Year | Revenue | Expense | P&L |
| 2021 | ₹11,988.95 | ₹13,381.71 | ₹183.37 |
| 2020 | ₹15,350.41 | ₹16,465.30 | ₹426.66 |
| 2019 | ₹13,236.83 | ₹13,948.19 | ₹348.54 |
About Devyani International Company
Devyani International is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick-service restaurants (“QSR”) in India (Source: GlobalData Report), on a non-exclusive basis, and operate 655 stores across 155 cities in India, as of March 31, 2021. Yum! Brands Inc. operates brands such as KFC, Pizza Hut, and Taco Bell brands and has a presence globally with more than 50,000 restaurants in over 150 countries, as of December 31, 20201. In addition, we are a franchisee for the Costa Coffee brand and stores in India.
Our business is broadly classified into three verticals that include stores of KFC, Pizza Hut and Costa Coffee operated in India (KFC, Pizza Hut and Costa Coffee referred to as “Core Brands”, and such business in India referred to as the “Core Brands Business”); stores operated outside India primarily comprising KFC and Pizza Hut stores operated in Nepal and Nigeria (“International Business”); and certain other operations in the F&B industry, including stores of our own brands such as Vango and Food Street (“Other Business”). Revenue from our Core Brands Business, together with our International Business, represented 83.01%, 82.94%, and 94.19% of our revenue from operations in Fiscals 2019, 2020, and 2021, respectively.
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We began our relationship with Yum in 1997 when we commenced operations of our first Pizza Hut store in Jaipur. We have subsequently continued to expand our operations with both KFC and Pizza Hut franchises, and as of March 31, 2021, operated 264 KFC stores and 297 Pizza Hut stores across India. In our Core Brands Business, we had an extensive presence in 26 states and three union territories in India as of March 31, 2021. In addition, we are a franchisee of the Costa Coffee brand in India, which is owned by Costa, and operated 44 Costa Coffee stores as of March 31, 2021.
We have been consistently expanding our store network over the years. Stores in our Core Brands Business grew at a CAGR of 13.58% from 469 stores as of March 31, 2019, to 605 stores as of March 31, 2021. Despite the ongoing COVID-19 pandemic, we have continued to expand our store network and in the six months ended March 31, 2021, we opened 109 stores in our Core Brands Business. Our defined store expansion and development process is focused on high potential locations across towns and cities, airports, high street locations, malls, food courts, hospitals, business hubs, and transit areas.
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We ensure that our new stores are consistent in terms of look and feel across various formats that include dine-in, takeaway, and delivery. We collaborate with Yum across various aspects of our operations for KFC and Pizza Hut for the franchisor’s brand protection and management, including product innovation and development, brand strategy, and technology initiatives. We also work closely with Yum on advertising, promotion, and marketing activities. For Costa Coffee, we retain flexibility over our operations with respect to similar parameters and are supported by Costa in determining our menu, ingredients, suppliers, and distributors.
Devyani International IPO GMP FAQs :
How much is Devyani International IPO GMP Today?
Devyani International IPO GMP Today is ₹50-₹55.
How much is Devyani International IPO Grey Market Premium?
Devyani International IPO is Grey Market Premium ₹50-₹55.
What is Devyani International IPO Kostak Rate?
Devyani International IPO Kostak Rate is ₹0.
What is Devyani International IPO Subject to Sauda?
Devyani International IPO Subject to Deals is ₹0.
What is Devyani International IPO Approx Returns?
Devyani International IPO approx Returns is 40%-50%. And it can also change according to the Market Sentiment.
| Devyani International IPO Details: Click Here Devyani International IPO Subscription: Click Here Devyani International IPO Allotment: Click Here Devyani International IPO Listing: Click Here |
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