Devyani International, integrated in 1991, is the biggest franchisee of Yum Brands in IndiaDevyani International will settle the basis of allocation on Wednesday.
The Rs 1,838 crore IPO of the largest franchisee of Pizza Hut, KFC and Costa Coffee in India was subscribed as much as 116.71 times; the quota scheduled for qualified institutional purchasers' (QIB) classification was subscribed 95.27 times, non-institutional investors segment attacted 213.06 times and retail individual investors, 39.51 times.
The IPO was open from August 4 to 6.
The primary market offering comprised a fresh issue of Rs 440 crore and an offer for sale of 15,53,33,330 shares by existing shareholders.Devyani International was included in 1991.
It is the largest franchisee of Yum Brands in India, running quick service dining establishment (QSR) brands such as Pizza Hut and KFC.
It runs 297 Pizza Hut shops, 264 KFC shops and 44 Costa Coffee throughout India.Kotak Mahindra Capital Business, CLSA India, Edelweiss Financial Services and Motilal Oswal Financial Investment Advisors are the merchant lenders to the IPO, while Link Intime India is the registrar to the issue.How to inspect allocation status on Link Intime IndiaGo to the web website of Link Intime India Private LimitedSelect the IPO in dropboxSelect either Application number, Customer ID or PAN IDIn application type, select between ASBA and non-ASBAEnter the details of the classification selectedFill the captchaSubmitHow to examine allocation status on BSE websiteVisit https://www.bseindia.com/investors/appli_check.aspxUnder the problem type, click EquityUnder the concern name, choose Devyani International Limited in the dropboxWrite the application numberAdd the PAN card IDClick on 'I am not a RobotSubmit