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Devyani International plans to raise Rs 1,400 crore via IPO. Pizza Hut, KFC and Costa Coffee operator -Devyani International - filed initial public offering (IPO) papers with capital market regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,400 crore through share sale via IPO. The IPO consists of fresh issue of equity shares worth Rs 400 crore and an offer of sale of up to 12.5 crore equity shares by promoter and existing shareholder, according to draft red herring prospectus. Under the offer for sale, Dunearn Investments (Mauritius) Pte Ltd, a wholly-owned subsidiary of Temasek Holdings, will sell 6.5 crore shares and promoter RJ Corp will offer 6 crore shares, it added.

Virag joshiRavi kant jaipuriaKotak mahindra capital companyChina ant groupYum brandsDunearn investments mauritius pte ltdRj corpTemasek holdingsEdelweiss financial servicesOperator devyani international filesExchange board of indiaDevyani internationalPizza hutDevyani international filesCosta coffeeExchange board