Devyani International Ltd IPO

The Devyani Int'l Ltd's ₹1,838 Cr IPO will open for subscription from 4th August, 2021.

The Devyani International Ltd IPO's market lot size is of 165 shares. A retail-individual investor can apply for up to 13 lots (total 2145 shares at ₹193,050).

The issue will close on 6th August, 2021.

 Devyani International Ltd IPO

 Devyani Intl IPO Tentative Timetable

The Firm incorporated in 1991, Devyani International Ltd is the largest franchisee of Yum Brands and among the largest quick-service restaurants (QSR) chain operators in India with 655 stores across 155 cities all over the country as of Mar 31, 2021. Yum Brands Inc operates many fast food brands i.e. Pizza Hut, KFC, and Taco Bell brands.

Company operates in 3 business verticals:

1. Core Brands (KFC, Pizza Hut, and Costa Coffee stores in India), 

2. International Business (stores in foreign countries i.e. Nepal and Nigeria), and 

3. Other Businesses (own branded stores i.e. Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar).

Initially, the business started with a Pizza Hut store in Jaipur but subsequently expanded operations in both KFC and Pizza hut, as of March 31, 2021, it operates 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India.

Company operates 264 KFC Stores, 297 Pizza Hut stores, and 44 Costa coffee stores.