With Burger King IPO scheduled to open on 2 December, activity in the primary market has again resumed. The upcoming IPO is priced at INR59 – 60 per share and will raise as much as INR810 crore.
Let’s take a look at Burger King IPO GMP right after the vital details of the offer:
Burger King India IPO details
Subscription Dates 2 – 4 December 2020
Price Band INR59 – 60 per share
Fresh issue INR450 crore
Offer For Sale 60,000,000 shares (INR354 – 360 crore)
Total IPO size INR804 – 810 crore
Minimum bid (lot size) 250 shares
Face Value INR10 per share
Retail Allocation 10%
Listing On NSE, BSE
Team RYR&Co.
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