Devyani International IPO: Opportunity to acquire double, IPO of these 2 organizations are opening on August 4

Devyani International Limited

Devyani International's Rs 1,838 crore IPO will open on August 4 and close on August 6. At this, the value band has been fixed at Rs 86-90 for every offer. The IPO of Exxaro Tiles will likewise open on this day. 

Key Points:

  1. Devyani International's IPO to open on August 4 

  2. At this, the value band has been fixed at Rs 86-90 for every offer. 

  3. Exxaro Tiles IPO is likewise opening on fourth August 

Devyani International, the biggest franchisee of Pizza Hut, KFC and Costa Coffee in India, under itsIPO of Rs 1,838 crore, has reported a price band of 86 - 90 for every share has been fixed. The organization said in a question and answer session held by means of video gathering that its IPO will open on August 4 and close on August 6. 

The IPO will incorporate the issue of new value shares worth Rs 440 crore, while making available for purchase of 155,333,330 value shares by advertisers and existing investors. At the upper end of the value, the organization hopes to get Rs 1,838 crore from the IPO. This is the third eatery network to bring an IPO as of late. Prior, Burger King India and Barbecue Nation Hospitality had come out with IPOs.




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