What is Devyani International IPO GMP? issue details, and analysis

Devyani International IPO details

 Devyani International Ltd is the largest franchisee of Yum Brands and among the largest quick-service restaurants (QSR) chain operators in India. The company has a strong network of over 264 KFC Stores, 297 Pizza Hut Stores, and 44 Costa Coffee Stores. Devyani International IPO is a good pick for listing gains

IPO Opening Date04-Aug-21
IPO Closing Date06-Aug-21
Issue TypeBook Built Issue IPO
Face ValueRs 1 per equity share
IPO Price bandRs 86 to Rs 90 per equity share
Lot Size165 Shares
Min Order Quantity165 Shares
Listing atBSE and NSE
Issue SizeTotal Size: Rs 1,838 Crores
i) OFS: Rs 1,398 Crores
ii) Fresh Issue: Rs 440 Crores

Financials of Devyani International

Total Assets18,074.918,835.716,684.0
Profit After Tax-592.9-787.5-813.2
Profit %-4.48%-5.13%-6.78%

Devyani International IPO GMP today:

Devyani International shares are available at ₹63, which is ₹3 higher from its yesterday’s grey market premium of ₹60.

which is at a premium of around 70%

Devyani International IPO Allotment Date,Listing date And Refund date

Offer Open04-Aug-21
Offer close06-Aug-21
Finalization of Allotment11-Aug-21
Initiation of Refunds12-Aug-21
Credit to Demat Account13-Aug-21
IPO Shares Listing Date16-Aug-21

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