Devyani International IPO GMP Live Today, Allotment Date & Status can be checked here. Get the Devyani International IPO Gray Market Price for today. The launch of the Devyani IPO is going to take place on 3rd August of this month. It is also commonly known as the Devyani Grey market premium or price. Let’s have a closer look at the price band and share price of Devyani IPO. They are the largest franchiser and operator of fast-food restaurants globally and in India.
Devyani International IPO GMP
Devyani International is finally conducting its initial public offering (IPO). Pizza Hut, KFC, and Costa Coffee are their three significant franchises. Also, Devyani has filed a DRHP with SEBI for the same. The IPO will be filed once the SEBI approves the Draft Red Herring Prospectus. The Devyani IPO is now expected to bring in $1400 million. In all, 400 crores of new equity shares would be issued, with a selling offer of 1000 crores.
After filing its DRHP to the SEBI, it is very probable. As a result, Devyani International will file for an initial public offering (IPO). It is expected to be completed by the first week of August 2021. That will most likely be by 6th August 2021. As a result, there is excellent news for the incoming investors.
As of now, the big Zomato IPO has crossed the Honda IPO, skyrocketing to new heights in the stock exchanges of all time. As a result, the Devyani Group is now expected to deliver. Let’s have a look at what the Devyani IPO has to offer this time.
Devyani International IPO Grey Market Price
Let me inform you that Devyani International is an RJ Group subsidiary (Ravi Jaipuria Company). Furthermore, Yum is the world’s second-largest Quick Service Restaurant chain. Devyani Intr. is another company in which he has invested.
Thus, Devyani Group is doing well with its large family of over 9500 workers in India, where it began operations in 1997 with the Yum Brand. As a result, the first shop in Jaipur, Rajasthan, is opened. As of 31st March 2021, the total market of Devyani Intr. consists of the following number of shops in India.
Devyani International IPO Grey Market Premium
If you are considering investing in the IPO before the Devyani IPO Date, 2021 is announced. As a result, it’s critical to look back at its financial patterns throughout the years. As a result, it will be simple to predict its future performance, which will aid us in making our ultimate choice.
In 2019 total revenue generated by Devyani was 13236.83 Cr., in the year 2020, 15350.41 Cr. and in the year 11988.95 Cr. The total expense of Devyani in the year 2019 was 13948.20 Cr, in the year 2020 16465.30 Cr. and 2021 13381.71 Cr. The overall loss/profit was 348.54 Cr. (Loss) in the year 2019, 426.66 Cr. (Loss) in the year 2020, and 183.37 Cr. (Loss) in the year 2021.
The loss has been particularly noticeable in the last two years due to the coronavirus, which has wreaked havoc on the market, restaurant franchises, in particular, and tourism as a result. But, as we can see, the situation is improving. Therefore revenues will almost certainly increase this time.
Devyani International IPO date
If you look at current trends, you’ll see that individuals prefer to order meals from restaurants and have them delivered to their homes. As a result, Zomato is doing very well in the Indian market, expanding its market penetration. Devyani International is also collaborating with Zomato and Swiggy. As a result, its market share will undoubtedly grow this year, as will market coverage.
Devyani International IPO Allotment
We don’t know anything about the third wave of coronavirus. Though, for the time being, the federal and state governments are doing an excellent job of anticipating potential dangers. We’ll have to wait and see what the next coronavirus wave has in store for us. As a result, if we witness a complete or even partial shutdown in major cities again, this may significantly impact the company’s stock price.
It also has franchises for the brands mentioned above. As a result, the market is very reliant on the worldwide reputation of these companies.For the last three years, the company’s reputation has deteriorated owing to repeated losses.
|Devyani IPO opening Date||4th August 2021 (Most Probably)|
|Devyani IPO Closing date||6th August 2021 (Most probably)|
|Size of Devyani IPO||1400 Cr.|
|Face value of equity shares (Price)||Rs. 10/- per share|
|Devyani IPO Band Price||TBA soon.|
|Devyani IPO GMP||Updating|
|IPO listing on||1. National Stock Exchange (NSE)
2. Bombay Stock Exchange (BSE)
|Size of Devyani IPO||1400 cr.|
|Fresh Issue of||400 Cr.|
|Offer For Sale amount||1000 cr.|
|Devyani International Site||dil-rjcorp.com|
When Will Devyani’s IPO go public?
By 16th August 2021, we can tell, according to the most recent information. However, the business plans to release a lot more in the first week of August 2021.
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