Devyani International Limited IPO (Initial Public Offering) will open for subscription on 04 Aug 2021 which is Wednesday. Devyani International Limited IPO will close for subscription on 06 July 2021 which is Friday. The GMP is showing a good trend which reached Rs 55 and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.1838 crore via IPO.
Devyani International Limited is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick-service restaurants in India, on a non-exclusive basis, and operates 655 stores across 155 cities in India, as of March 31, 2021. In addition, we are a franchisee for the Costa Coffee brand and stores in India. The price band of the IPO is ₹86 to ₹90. The Devyani International Limited IPO to list on NSE and BSE. Check out Devyani International Limited grey market premium, Kostak rates, and subject to sauda rates as of today.
Latest Update: Devyani International Limited IPO subscribed 6.61x times, QIB 1.32x, NII 6.37x and RII 22.94x times on day 1.
Devyani International Limited IPO Subscription Numbers(Day 1 - Till 1:30 PM)
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | 0.77x | 1.32x | x |
| NII | 0.77x | 6.37x | x |
| RII | 11.35x | 22.94x | x |
| EMP | 0x | x | x |
| OTH | x | x | x |
| Total | 2.69x | 6.61x | x |
Devyani International Limited IPO Date & Price Band:
| IPO Opening Date | Aug 4, 2021 |
| IPO Closing Date | Aug 6, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹1 per equity share |
| IPO Price | ₹86 to ₹90 per equity share |
| Market Lot | 165 Shares |
| Min Order Quantity | 165 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹1 (aggregating up to ₹1838 Cr) |
| Fresh Issue | [.] Eq Shares of ₹1 (aggregating up to ₹440 Cr) |
| Offer for Sale | 155,333,330 Eq Shares of ₹5 (aggregating up to ₹1398 Cr) |
Devyani International Limited IPO Tentative Timetable
The Devyani International Limited IPO open date is 4 Aug 2021, and the close date is 6 Aug 2021. The issue may list on.
| IPO Open Date | Aug 4, 2021 |
| IPO Close Date | Aug 6, 2021 |
| Basis of Allotment Date | Aug 11, 2021 |
| Initiation of Refunds | Aug 12, 2021 |
| Credit of Shares to Demat Account | Aug 13, 2021 |
| IPO Listing Date | Aug 16, 2021 |
Devyani International Limited IPO Market Lot:
The Devyani International Limited IPO minimum market lot is 165 shares with ₹14,850 application amount. The retail investors can apply up to 13 lots with 2145 shares or ₹193,050 amounts.
| Minimum Lot Size: | Minimum 165 Shares |
| Minimum Amount: | ₹14,850 |
| Maximum Lot Size: | Maximum 2145 Shares |
| Maximum Amount: | ₹193.050 |
Devyani International Limited IPO Subscription FAQs:
When Devyani International Limited IPO Subscription will start?
The Devyani International Limited IPO subscription starts on 04 Aug 2021 for QIB, NII, and Retail Investors.
How much Devyani International Limited IPO subscribed?
The Devyani International Limited IPO subscribed 6.61x times on day 1.
What is the Devyani International Limited IPO retail subscription status?
The Devyani International Limited retail subscription is 22.94x on day 1.
How to subscribe to Devyani International Limited IPO?
You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.
How do I check live Devyani International Limited IPO Subscription Numbers?
One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.
