
✓
Open
4 Aug 2021
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Close
6 Aug 2021
3
Allotment
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Listing
Mon, Aug 16, 2021
Price Band
₹86 to ₹90
Issue Size
20,42,22,218 shares (agg. up to ₹1,838 Cr)
Lot Size
165 Shares
Listing Date
Mon, Aug 16, 2021
Latest GMP
₹59
Est. Gain
65.56%
✦ AI Insight
GMP Trend
16-08-2021₹59Est. ₹149+65.56%
15-08-2021₹58Est. ₹148+64.44%
14-08-2021₹58Est. ₹148+64.44%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 64.01x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 |
|---|---|---|---|
| Assets | 1,668.41 | 1,883.58 | 1,807.49 |
| Total Income | 1,198.90 | 1,535.04 | 1,323.68 |
| Profit After Tax | 18.34 | -42.67 | -34.85 |
| EBITDA | 226.93 | 255.48 | 278.96 |
| NET Worth | 113.77 | -189.10 | -70.24 |
| Reserves and Surplus | -1.59 | -295.27 | -176.41 |
| Total Borrowing | 463.33 | 544.09 | 488.22 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Barbeque-Nation Hospitality Ltd. | Mainboard | ₹452.87 Cr | ₹500 | null | ₹587.80 | +17.56% | ₹224.87 (-0.20%) |
| Burger King India Ltd. | Mainboard | ₹810.00 Cr | ₹60 | null | ₹135.00 | +125.00% | ₹68.66 (-2.57%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Repayment/prepayment of all or certain of the borrowings | 324.00 |
| 2 | General corporate purposes | 100.82 |
About Devyani International IPO
Incorporated in 1991, Devyani International Ltd is the largest franchisee of Yum Brands and among the largest quick-service restaurants (QSR) chain operators in India with 655 stores across 155 cities all over the country as of Mar 31, 2021. Yum Brands Inc operates many fast food brands i.e. Pizza Hut, KFC, and Taco Bell brands. It operates 3 business verticals; 1. Core Brands (KFC, Pizza Hut, and Costa Coffee stores in India), 2. International Business (stores in foreign countries i.e. Nepal and Nigeria), and 3. Other Businesses (own branded stores i.e. Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar).Initially, the business started with a Pizza Hut store in Jaipur but subsequently expanded operations in both KFC and Pizza hut, as of March 31, 2021, it operates 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India. Competitive strengths The product portfolio of well-recognized QSR brands. Largest franchisee of Yum Brands in India. Cross brand synergies provide operating leverage benefits. Disciplined financial approach with a strong focus on cash flow management. Strong store network; 264 KFC Stores, 297 Pizza Hut stores, and 44 Costa
Contact Details
Devyani International Ltd. AddressF-2/7, Okhla Industrial Area, Phase-IDelhi, New Delhi, 110020011 4170 6720companysecretary@dil-rjcorp.comVisit Website