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Devyani International IPO Allotment: Status Check Online..

Devyani International IPO Allotment Status Check Online: The initial public offer of Devyani International, the largest franchisee of Pizza Hut, KFC, and Costa Coffee in India, was subscribed a whopping 116.71 times on the closing day of subscription. The three-day initial share sale was fully subscribed on the first day itself.

IPO Allotment Status is likely to be finalised on 11th August. Here is how you can do .IPO Allotment Status Check Online via BSE link and Linkintime link:-

Devyani International IPO Allotment Status Check Online via BSE link

1 Login at BSE website — bseindia.com/investors/appli_check.aspx

3 Enter your application number

4 Enter your PAN details

5 Click at ‘I’m not a robot’

6 Click at ‘Submit’ button

You will get to know your Devyani International IPO share allotment status

Devyani International IPO Allotment Status Check Online via LinkIntime link

1 Login at Link Intime’s website linkintime.co.in/MIPO/Ipoallotment.html

2 Select Devyani International IPO

3 Enter your PAN details

4 Click at ‘Search’ button

You will get to know your Devyani International IPO share allotment status

Devyani International IPO: IMPORTANT DATES – DETAILS

Devyani International IPO: Offer start

2021-08-04

Devyani International IPO: Offer end

2021-08-06

Devyani International IPO: Allotment finalisation

2021-08-11

Devyani International IPO: Refund initiation

2021-08-12

Devyani International IPO: Demat transfer

Devyani International IPO: 2021-08-13

Devyani International IPO: Listing

2021-08-16

Devyani International IPO: Mandate end

2021-08-23

Devyani International IPO:

-The Rs 1,838-crore IPO received bids for 13,13,77,91,700 shares against 11,25,69,719 shares on offer, according to an update on the NSE.

-The qualified institutional buyers’ (QIB) category was subscribed 95.27 times, non-institutional investors’ 213.06 times and retail individual investors’ segment 39.51 times.

-The initial public offer (IPO) had a fresh issue of up to Rs 440 crore and an offer for sale of up to 15,53,33,330 equity shares. The company’s IPO was in a price range of Rs 86-90 per share.

-Devyani International said it has mobilised Rs 825 crore from anchor investors.

-Proceeds from the fresh issue will be used to retire debt and for general corporate purposes.

-Kotak Mahindra Capital Company, CLSA India, Edelweiss Financial Services and Motilal Oswal Investment Advisors were the managers to the offer.

Devyani International

-Devyani International is an associate company of RJ Corp, the largest bottling partner of food and beverages (F&B) major PepsiCo, and has interests in the Indian retail F&B sector.

-The company is the largest franchisee of Yum Brands, operating core brands such as Pizza Hut, KFC, Costa Coffee besides its own brands such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar.

-It currently operates 297 Pizza Hut stores, 264 KFC stores, and 44 Costa Coffee as of March 2021 in India.

BY TRENDIENEWZ

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