Burger King India to launch IPO on December 2 with price band of Rs 59 per share

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Burger King India is expected to launch its first public offering on December 2 and it will conclude on December 4,2020. The share price is fixed at Rs 59-60 per share which stands 5.9% higher than its face value. The IPO consists of a fresh issue of Rs 450 crore which accumulates to 6 crore equity shares by promoter QSR Asia Pte Ltd. The company has reserved upto 10% for retail investors, 15% for non institutional investors and 75% for qualified institutional investors. 

 

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