Burger King IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 02/12 - 04/12
Issue Size ₹810.00 Cr
Issue Price ₹59 - 60
Market Lot 250 Shares
Shares on Offer 60,000,000
Registrar Link Intime
GMP ₹35-37
Kostak ₹250-260
Subject to Sauda ₹6200-6300
Listing Date 14 Dec 2020
Listing Price ₹115.35
Listing Gain% 92.25

About Burger King India Limited

Their restaurants are known for serving high-quality, great-tasting, and affordable food. Founded in 1954, BURGER KING is the second largest fast food hamburger chain in the world with about 18,000 restaurants operating in more than 100 countries and US territories as at June 30, 2019. The original HOME OF THE WHOPPER®, our commitment to ingredients, signature recipes, and end-to-end online Burger King experience for millennials is what has defined our brand for more than 50 years.

Burger King is the India's fastest growing quick service restaurant chains. It is the second largest fast food burger brand with having 216 Burger-King restaurants and 8 Sub-Franchised Burger King restaurants.

It has an exclusive right to establish, develop, and operate Burger King branded restaurants in India. It aims to cater to the Indian tastes and preferences through adding new food offerings to its product portfolio. Company establishes its branches in high traffic areas in key metropolitan areas and cities across the country.

Company Promoters

QSR Asia Pte. Ltd is the promoter of the company.

Objects of the Issue:

The net proceed from the IPO will be used towards following purposes;

  1. To finance the roll-out of new company-owned Burger King Restaurants.
  2. To meet the general corporate purposes.

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 11,977.07 9,204.72 7,303.55
Total Revenue (In ₹ Millions) 8,468.29 6,441.30 3,887.37
Profit After Tax (PAT) (In ₹ Millions) -765.70 -382.79 -822.32

Burger King India Limited IPO Reviews

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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 02 Dec 2020 0.17 0.71 15.54 3.13
Day 2 - 03 Dec 2020 2.70 3.61 37.84 9.38
Day 3 - 04 Dec 2020 86.64 354.11 68.15 156.65

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Burger King India Limited IPO FAQs

  1. When will Burger King India Limited IPO open?

    Burger King India Limited IPO will open on 02/12 and close on 04/12.

  2. What is the listing date of Burger King India Limited IPO?

    Burger King India Limited IPO will list on 14 Dec 2020.

  3. What is the offer price of Burger King India Limited IPO?

    The offer price of Burger King India Limited IPO is ₹59 - 60.

  4. What is the lot size of Burger King India Limited IPO?

    The lot size of Burger King India Limited IPO is 250.

  5. What is the Grey Market Premium (GMP) price of Burger King India Limited IPO?

    The Grey Market Premium (GMP) price of Burger King India Limited IPO is ₹35-37.

  6. What is the Kostak price of Burger King India Limited IPO?

    The Kostak price of Burger King India Limited IPO is ₹250-260.

  7. What is the Subject to Sauda price for Burger King India Limited IPO?

    The Subject to Sauda price for Burger King India Limited IPO is ₹6200-6300.

Burger King India Limited IPO Review/Comments

Why no information about GMP etc? Should we stop coming to this website?

Pappu Lal

The information about Gland Pharma was also terribly inaccurate... I wonder what is going wrong with you guys... This used to be such a superb and accurate website earlier...

Pappu Lal

It is second day today.... why no information about GMP, KOSTACK,STS till now? The research team is sleeping or what??? ZZZzzzzzzzzzzzzzzzzzzzzzz.................... Please wake up!!!

Raj Purohit

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