Devyani International is launching its IPO. The Rs. public offer comprises a fresh issue of Rs. 440 crores and an offer for sale of 15.53 crore equity shares, valuing the IPO at Rs. 1,838 crores.
About the company:
Devyani International Limited is the largest franchisee of Yum Brands in India which operates brands such as KFC, Pizza Hut, and Taco Bell brands and has a presence globally with more than 50,000 restaurants in over 150 countries. The company’s business is broadly classified into three verticals that include stores of KFC, Pizza Hut, and Costa Coffee and is amongst the largest operators of chain quick-service restaurants in India, operating 655 stores across 155 cities as of March 31, 2021.
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How do I apply to the Devyani International IPO?
You can apply for the Devyani International IPO using any supported UPI app
by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here
to learn more.