Burger King IPO Allotment and Listing Info
Listing Update
Burger King lists at ₹115.35 a premium of 92.25% over the cutoff price of ₹60. As of 12:00 PM on the listing day, the stock was trading at ₹115.35, a premium of 120%. Burger King IPO received stellar response across all investor categories – QIB, NII and RII. The issue was subscribed 157 times making it the second most subscribed IPO in 2020 so far.
Burger King India Limited raised a total of ₹810 crores from this issue, which consisted of a fresh issue of ₹810 crores and an offer for sale of Rs ₹360 crores by the promoter and selling shareholders
The registrar has finalized the Burger King IPO allotment on 10/12/2020. To check your Burger King IPO allotment status please follow the instructions shared below.
Final Subscription Status
| Investor Category | Subscription Status |
|---|---|
| QIB | 86.646x |
| NII | 354.111x |
| RII | 68.144x |
| Total Subscription | 156.650x |
Burger King IPO Allotment and Listing Dates
| Date Type | Date |
|---|---|
| Allotment Finalization | 09/12 |
| Initiation of Refunds | 10/12 |
| Credit of Shares | 11/12 |
| Listing Date | 14/12 |
Instructions for checking Allotment Status
Option 1: Via Registrar Website
- Visit the Registrar website using this link – Linkintime
- You have three tabs to choose from based on the input details you would like to provide – PAN, Application or DP ID
- By default, it lands on the PAN Page.
- Select Burger King India Limited from the initial dropdown
- Enter your PAN number in the second dropdown and hit Search, you can enter the respective Application No and DP ID if you want to try through the other tabs
- If you have received the allotment you will see the following details – Your name, Securities applied, Cutoff Price, Securities allotted and Amount adjusted
- If you have not received the allotment or if you are trying before the allotment gets finalized, you will see the “No records Found” window
Option 2: Via BSE Website
- Visit the BSE website using this link – BSE India
- Select the Equity radio button for issue type
- Select Burger King India Limited from the Issue Name dropdown
- Enter your Application Number and Pan Number and hit Search
- If you have received the allotment you will see the following details – Your name, Securities applied, Cutoff Price, Securities allotted and Amount adjusted
- If you have not received the allotment or if you are trying before the allotment gets finalized, you will see the “No records Found” window
Other key Details
Company Overview
Burger King India Limited owns the exclusive master franchisee Burger King in India. It is one of the fastest-growing QSR brands in India. As of September, they have 265 stores.
Restaurant Growth since 2015
| Company | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Company Owned | 12 | 48 | 85 | 123 | 195 |
| Sub-franchised | 0 | 1 | 3 | 6 | 7 |
| Total | 12 | 49 | 88 | 129 | 202 |
| Net Additions in the Year | 12 | 37 | 39 | 41 | 73 |
Company Financials
| Company | 2017 | 2018 | 2019 (Mar) | 2019 (Jun) |
|---|---|---|---|---|
| Revenue from Ops | 2,299.48 Cr | 3,781.22 Cr | 6,327.35 Cr | 2,122.71 Cr |
| Restated EPS | (4.87) | (3.10) | (1.44) | (0.07) |
| Restated Loss / Profits | (718.46) Cr | (822.32) Cr | (382.79) Cr | (17.66) Cr |
Issue Size and details
| Type | Value |
|---|---|
| Issue Size | ₹810 Cr. (13,50,00,000 shares) |
| Face Value | ₹10/- per Equity Share |
| IPO Price | ₹59 – ₹60 |
| Lot Size | 250 |
| Lots | Min 1 – Max 13 |
Investor Quota and Shares Offered
| Investor Type | Quota |
|---|---|
| QIB | 75% |
| NII | 15% |
| RII (Retail) | 10% |
| Total | 100% |
Day-Wise Subscription Status
| Day | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.168x | 2.705x | 86.646x |
| NII | 0.709x | 3.600x | 354.111x |
| RII (Retail) | 15.542x | 37.805x | 68.144x |
| Total | 3.131x | 9.371x | 156.650x |
