Burger King IPO - Buy or Not ?
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Burger King IPO is set to open on 2nd Dec 2020. Price band has been set to 59/60₹
The proposed IPO will see the company raise ₹810 crore, comprising a fresh issue of shares amounting to ₹450 crore, while the promoter entity QSR Asia Pte Ltd will sell up to 60 million shares, aggregating to ₹360 crore at the upper end of the price band.
Source: https://www.livemint.com/market/stock-market-ne...
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Last updated by: bikidas2060
Burger King IPO Details
IPO Date Dec 2, 2020 – Dec 4, 2020
Issue Type Book Built Issue
*IPO Issue Size 135,000,000 Eq Shares of ₹10 (aggregating up to ₹810.00 Cr)
- Fresh Issue 75,000,000 Eq Shares of ₹10 (aggregating up to ₹450.00 Cr)
- Offer for Sale 60,000,000 Eq Shares of ₹10 (aggregating up to ₹360.00 Cr)
Face Value ₹10 per equity share
IPO Price ₹59 to ₹60 per equity share
Market Lot 250 Shares
Min Order Quantity 250 Shares
Listing At BSE, NSE
Burger King IPO Tentative Date / Timetable
Bid/Offer Opens On Dec 2, 2020
Bid/Offer Closes On Dec 4, 2020
Finalisation of Basis of Allotment Dec 9, 2020
Initiation of Refunds Dec 10, 2020
Credit of Shares to Demat Acct Dec 11, 2020
IPO Shares Listing Date Dec 14, 2020
Burger King IPO Lot Size and Price (Retail)
- Minimum 1 lot (250 shares)=₹15,000
- Maximum 13 lots (3250 shares) = ₹195,000
Burger King IPO Registrar (In case any mishap happens)
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
(Phone: +91-22-4918 6270
Email: [email protected]
Website: http://www.linkintime...in)
Company Promoters:
QSR Asia Pte. Ltd is the promoter of the company.
DRHP: https://listing.bseindia.com/download/348994/IP...
data source: https://www.chittorgarh.com/ipo/burger-king-ipo...
IPO Status:
retail 68.15x
NII 354.11x
QIB 86.64x
Total 156.65x
GMP seems good enough as of now.
Might go with it
According to recent IPO there will be instant gain in in the opening day market bike for the rush for the IPO
Coming out of recession is more opt word.
2nd quarter figure is – 7.5 %
So we can expect marked improvement on 3rd and 4th quarter.
Even
raising gst collection gives confidence for upcoming quarters.
It looks like aggressive pricing.
Brand is not strong enough to warrant long term investment.
Any body can invest in small quantities for initial listing gain .
For long term investment we have to wait for more clarity on business development in coming days.
Bhai I have a doubt. Gland Pharma did not have spectacular subscription. Why did it move up so much???
https://www.moneycontrol.com/news/business/econ...
I hope this would keep the momentum going on 
If GMP apply, if No GMP don’t apply.
All other things are useless.
Burger King India IPO to raise upto Rs 810 crore
Read somewhere that its 40% premium in grey market…i guess one can invest to get initial level gains, but for long term one has to do some research on their business model nd Technicals…
IF ALLOTED TO U THAT MEANS UNDERSBSCRIBED AND NO GAIN BUT IN DISCOUNT PRICE. IF U DID NOT ALLOT ANY LOT THAN IT WILL LIST WITH ABOUT 150% GAIN.
MY EXPERIENCE
+1
Retail quota is very low, Which means higher GMP, So apply, Even that’s good brand and management so can hold for long as well
That’s what the game is I think.
Give lesser no of shares to DII and RII and pump up the share price 
Which city?? 
Buy, We will get burgers and fries in AGM 
I’m gonna apply and hold for as long as i can! Will be a great investment i believe!!
Invest if u want it for long term or use for for some listing gains . No use for short term
This is a loss making company will not invest for long term yet
One more concern McDonald’s burgers are better than burger king
Now loss making companies can bring ipo just have to payoff fund managers who ride on investor small money. So eventually all the cash loss making e commerce company will bring ipo and founders and vc will make billion. The retail investors will get duped and we all diners category can remain happy getting pittance deals for wasting time..
+🔥 and ✝️ Karma given bro 😎
Minimum of 250 shares valued upto Rs.15,000 would be one concern whether to invest in it or not.
That’s just 1 lot.
Predominantly all the stores are hired by the company. Negligible franchise. Future is good as people started eating outside. Long term players. Stay invested for better returns. Look for Jubilant and McDonald…
My opinion for listing gains its good as its gmp is already 50-60% and retail quota only 10%
But for long term not so good as already there is competition Mcdonals Kfc and also people are becoming more health conscious towards eating
Berger Khao आईपीओ kaun khayega iska 
+1
Jobs are not created well and the economy is going down day by day. All Indians are taken back to 1000 AD by our politicians. Hate!! Hate!! Hate others!… Unless they change we can not grow much…
Buy
It’s already trading over 56% of the premium in grey market.
So you’ll easily get at least 180% of the investment as listing grains at least
🤗🤗🤗
Can’t really say. India’s economy is officially in recession.
buy