Share Market Desk – Devyani International IPO Review- Launch date, Share Price, Good or Bad
About the Company
Devyani International Limited is a Public incorporated on 13 December 1991. Devyani International Limited is an Multinational company who owns india’s biggest Franchise brands that operates in India some of them are KFC, Pizza Hut, and Taco Bell brands and has a presence globally with more than 50,000 restaurants in over 150 countries.
| CIN | U15135DL1991PLC046758 |
| Company Name | DEVYANI INTERNATIONAL LIMITED |
| Company Status | Active |
| RoC | RoC-Delhi |
| Registration Number | 46758 |
| Company Category | Company limited by Shares |
| Company Sub Category | Non-govt company |
| Class of Company | Public |
| Date of Incorporation | 13 December 1991 |
| Age of Company | 29 years, 7 month, 20 days |
| Activity | Production, processing and preservation of meat, fish, fruit vegetables, oils and fats. |
Devyani International IPO Opening dates and other Important dates
| IPO Opening Date | 4 August 2021 |
| IPO Closing Date | 6 August 2021 |
| Basis of Allotment Date | 11 August 2021 |
| Initiation of Refunds | 12 August 2021 |
| Credit of Share to Demat Account | 13 August 2021 |
| IPO Listing Date | 16 August 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | Rs 1 Equity Per Share |
| IPO Price | Rs 86 to 90 per equity share |
| Market Lot | 165 Shares |
| Min Order Quantity | 165 Shares |
| Listing AT | BSE, NSE |
| Issue Size | [.] Eq shares of Rs 1 (Aggregating up to Rs 1,838.00 CR) |
| Fresh Issue | [.] Eq shares of Rs 1 (Aggregating up to Rs 440.00 CR) |
A Deep overview about the company
Devyani Started its association with yum brands in 1997 when it operated its First Pizza Hut store in Jaipur city. Since then, the company has expanded to cover 696 locations in 166 cities across india.
Devyani International Limited business divided in to 3 kinds of business:-
Core Brands : KFC, Pizza Hutt and Costa Coffee.
International Business : KFC and Pizza Hut stores in Nepal and & Nigeria.
Other Business : Vaango and Foodstreet.
In the International Business , Devyani operates 39 stores as of june 2021 including 34 KFC stores and 3 Pizza Hut stores in Nepal & Nigeria.
KFC is the single largest brand of the company with a sales of Rs. 644.26 Cr contributing to 56.77% of the total revenue in financial year 2021. As of June 2021, Devyani has 284 KFC Stores in 107 cities in India.
Details About Vaango Brand of Devyani International Limited:-
Vaango is a South Indian QSR Brand selling staple Sound Indian Dishes like – Idlies, Dosas, and Vadas. It was started by Devyani in 2011. Devyani has 27 stores open in 15 cities under this brand. These Outlets are generally located in food court, Shopping Malls and on Airports.
Disclaimer – All information are collected from online sources by our Financial researcher team. These all content are for education purpose. Please consult your advisor before investing.
