Burger King recieves 156.6 times more subscriptions, competes Mazagaon Dock Shipbuliders

Burger King India Ltd recorded the most successful IPO offerings in 2020, with investors subscribing more than 157 times the number of shares offered in the stock market. The QSR giant competed with the state-run Mazagon Dock Shipbuilders, whose IPO was launched in October with a response of 157.41 times more subscriptions. Burger King received bids for 11.67 billion shares against the 74.49 million offer. Burger King currently has 268 outlets in India and plans to develop at least 700 till December 31, 2026.

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