Burger King IPO is going to hit the market on 02 December and closes on 04 December. As expected the price band is fixed at 59-60 so we can expect a good GMP on for the IPO. The GMP started with a good around 20-25 and subject to sauda is 5500. Check out Burger King IPO grey market premium, Kostak rates, and subject to sauda rates as of today.
Burger King IPO date might be announced in near term and IPO might hit in early December 2020 as per the speculations. Burger King India is going to raise ₹600 crores raised 200 crore from the last DRHP filed in 2019. The company Burger King files fresh DRHP with SEBI for an IPO. As we all know Burger King is a restaurant chain with over 200 outlets in 47 cities in India. They are India's fastest growing quick service restaurant chains. They have established their restaurants in high traffic areas in metropolitan areas. The company to list on NSE and BSE. The company has a ticket value of Rs.500-550. Stay tuned for Burger King IPO date, price band, and market lot details.
Burger King IPO GMP Rates day by day with Kostak rates
| Date |
GMP Rate |
Kostak |
Sauda |
| 02-12-2020 |
Rs.28-30 |
Rs.250 |
Rs.5800 |
| 01-12-2020 |
Rs.24-25 |
Rs. 250 |
Rs.5800 |
| 30-11-2020 |
Rs.24-25 |
Rs.250 | Rs.5800 |
| 29-11-2020 |
Rs.25-30 |
Rs. 350 | Rs.5800 |
| 28-11-2020 |
Rs.20-25 |
Rs.300 | Rs.5500 |
| 27-11-2020 |
Rs.20-25 |
Rs.300 | Rs.5500 |
| 26-11-2020 |
Rs.13-15 |
NA |
NA |
- Grey market premium as on today is ₹24-25, Kostak ₹250 & Subject to Sauda is ₹5800
- Grey market premium as on 29-11-2020 is ₹24-25, Kostak ₹250 & Subject to Sauda is ₹5800
- Grey market premium as on 29-11-2020 is ₹25-30, Kostak ₹350 & Subject to Sauda is ₹5500
- Grey market premium as on 28-11-2020 is ₹20-25, Kostak ₹300 & Subject to Sauda is ₹5500
- Grey market premium as on 27-11-2020 is ₹20-25, Kostak ₹300 & Subject to Sauda is ₹5500
- Grey market premium as on 26-11-2020 is ₹13-15, Kostak ₹N/A & Subject to Sauda is ₹N/A
- Grey market premium as on 25-11-2020 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
- Grey market premium as on 24-11-2020 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
- Grey market premium as on 23-11-2020 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
Burger King IPO Detail
| IPO Open: |
02 December 2020 |
| IPO Close: |
04 December 2020 |
| IPO Size: |
₹810 Crore (Approx) |
| Face Value: |
₹10 Per Equity Share |
| Price Band: |
₹59 - ₹60 Per Share |
| Listing on: |
NSE & BSE |
| Retail Portion: |
10 % |
| Equity: |
13,50,00,000 Shares |
| Employee Discount: |
NA |
Burger King IPO Market Lot
| Minimum Lot Size: |
Minimum 250 Shares |
| Minimum Amount: |
₹15000 |
| Maximum Lot Size: |
Maximum 3250 Shares |
| Maximum Amount: |
₹-1,95,000 |
Burger King IPO Allotment & Listing:
| Basis of Allotment: |
09 December 2020
|
| Refunds: |
10 December 2020 |
| Credit to Demat Account: |
11 December 2020 |
| Listing Date: |
14 December 2020 |
Disclaimer:
- IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies
