Devyani International IPO Allotment 2021: Incorporated as the Franchise of Yum Brands in 1991, Devyani International is one of the famous and biggest Quick Service Restaurants (QSR) chain operators in India. Until 2021, the company chain is spread over 155 cities in India with 655 stores. KFC, Pizza Hut, Costa Coffee stores, and Taco Bells are some of the restaurant chains operated by Yum Brands.
The IPO is open for public purchase, Devyani International IPO launch date is 4 August 2021. Investors interested in the IPO can subscribe to the Devyani International IPO before 6 August 2021 (5:00 pm). Read more about the Devyani International Company Profile, IPO allotment schedule of the company, market lot size, IPO listing dates, subscription status, and more details under this post. Also, know the process to check the allotment status of the IPO and Grey Market Price (GMP).
Devyani International IPO Highlights
| Article Category | IPO Allotment |
| Name of the IPO company | Devyani International Ltd (DIL) |
| Franchisor | Yum Brands Inc. |
| Type of IPO issue | Book Built Issue |
| IPO opening date | 4 August 2021 |
| IPO closing date | 6 August 2021 |
| Date of IPO listing | 16 August 2021 |
| Price Band of Devyani IPO | Rs. 86 to Rs. 96 for each equity share |
| Face Value per share | Rs. 1 |
| Retail Allocation percentage | 10% |
| Devyani IPO Market lot | 165 shares |
| Devyani International IPO official website | www.dil-rjcorp.com www.bseindia.com www.nseindia.com |
More About Devyani International IPO Allotment 2021
Devyani International is one of the largest franchises coming under Yum Brands. The company portfolio consists of some famous QSR brands and products. Cash flow management and a disciplined financial approach are some of the core strengths of the company. Devyani International Ltd. operates its business across three verticles including:
- International Business Chains in Nigeria and Nepal
- Core Food Chains (Pizza Hut, Costa Coffee, KFC)
- Additional Branded stores (Ile Bar, Food Street, Masala Twist, Amreli, Ckrussh Juice Bar, Vaango)
The share has been listed at the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The company is offering shares worth Rs. 1,838.00 Crores. A market lot of 165 shares has been fixed by the authorities for allotment. A fresh issue of Rs. 440 crores were made for the IPO.
Financial Performance of Devyani International
| Financial Year | 2021 (in million) | 2020 (in million) | 2019 (in million) |
| Total Revenue of the company | INR 1,198.9 | INR 1,535 | INR 1,323.7 |
| Total Expenditure | INR 1,338.2 | INR 1,646.5 | INR 1,394.8 |
| Net Income | INR -57.8 | INR -107.2 | INR -97.3 |
| Net Percentage margin | -4.8 % | -7.0 % | -7.4 % |
Subscription Status of Devyani International IPO Allotment
Promoters and Shareholders have made an offer for sale (OFS) of 155.33 million. The IPO has been subscribed over 17.76 times under the retail category. Non- Institutional buyers have subscribed to the shares 2.45 times. The company is aiming to raise about Rs. 1400 crore with the IPO. Day by day status of the company shares has been provided in the table below.
Investment Day 1
| Investor Category | Subscription Status |
|---|---|
| Qualified Institutional Investors | 0.77 times |
| Non-Institutional Investors | 0.77 times |
| Retail Individual Investors | 11.37 times |
| Investing Employees | 1.56 times |
| Others | – |
| Total Subscription | 2.69 times |
Investment Day 2
| Investor Category | Subscription Status |
|---|---|
| Qualified Institutional Investors | 0.79 times |
| Non-Institutional Investors | 2.45 times |
| Retail Individual Investors | 17.76 times |
| Investing Employees | 1.87 times |
| Others | – |
| Total Subscription | 4.32 times |
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| Investor Category | Percentage Allocation | Shares Offered |
|---|---|---|
| Qualified Institutional Investors | 54.28% | 61,101,666 |
| Non-Institutional Investors | 27.14% | 30,550,832 |
| Retail Individual Investors | 18.09% | 20,367,221 |
| Investing Employees | 0.49% | 550,000 |
| Total | 100% | 112,569,719 |
Devyani International IPO Allotment Lot details
Devyani International IPO is offering the company shares with a market lot size of about 165 shares. The minimum value for purchase is one lot. Retail Individual Investors (RII) can make an investment of up to 13 lots which makes up to a total of 2145 shares worth Rs. 1,93,050.
| IPO Lot | Lot Size | No. of Shares | Estimated Value |
|---|---|---|---|
| Minimum Lot | 1 | 165 | Rs. 14,850 |
| Maximum Lot | 13 | 2145 | Rs. 1,93,050 |
Devyani IPO GMP
Grey Market Premium (GMP) price is an investor’s term for an estimated price of an IPO listed on the Exchange. These prices are however unofficial vary with the Real-time prices of any IPO. Investors making an investment in the IPO use the GMP price to ensure a fixed gain on the stocks. Devyani International IPO Grey Market Premium as of 4 August 2021 was Rs. 63/-.
Important IPO Listing Dates
Investors investing in the IPO must know about some of the important dates for the IPO associated events. We are listing the schedule below.
| Events | Dates |
|---|---|
| Opening date for the IPO | 4 Aug 2021 |
| Closing date of the IPO | 6 Aug 2021 |
| Date for Allotment Basis | 11 Aug 2021 |
| Refunding Process starts on | 12 Aug 2021 |
| Crediting Shares to the Demat account | 13 Aug 2021 |
| Devyani international IPO listing date | 16 Aug 2021 |
Check Devyani International IPO Allotment Status
Investors investing in the IPO can check the status of Devyani International Ltd. The status of the IPO will be visible to the investors by 12th August 2021. Follow these steps to check your IPO status online.
- Go to official website for the Devyani International IPO Allotment at BSE @www.bseindia.com.
- Click on the option of Green Devyani IPO.
- Investors can check the allotment status using their Application No., DP Client ID of the Demat account or with your PAN number.
- Entering the required details, click on the Search button available on the page.
In case, a disabled button appears on the page, it indicates that the allotment has not yet been made for the IPOs.
DIL IPO Allotment Result
The results of the Devyani International Allotment will be available by the 12th of August 2021. The refund process for the investors will be initiated after the allotment is complete. Your Allotment result will consist of your Application No., Name, PAN No., Applied Shares, and the no. of shares allotted against your profile.
Important Links
| Devyani International IPO Allotment Status | Direct link Check on BSE |
| Official Website | www.linkintime.co.in www.kfintech.com |
Frequently Asked Questions
The company is offering an IPO lot size of 165 shares with a minimum order quantity of one lot.
The IPO listing date will be announced by the authorities. However, it can be expected that the IPO will be ready for listing by the 16th of August 2021.
The tentative date for the Devyani International IPO Allotment 2021 is 11 August 2021.
The share is listed on the Stock Exchange at a price band of Rs. 86 to Rs. 96 for each equity share. However, this price may vary when the actual listing and allocation of shares is done.