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Burger King shares enjoy 85% premium in grey market ahead of Monday s listing

Synopsis Burger King attracted a huge premium in the grey market as the demand for the IPO had been robust across the board. Agencies Burger King IPO was the second-most subscribed IPO of 2020. MUMBAI: Burger King may see a stellar listing on the bourses on Monday if one goes by the robust premium the stock is enjoying in the grey market. Burger King shares were trading at a premium of Rs 49-51, or 82- 85 per cent, over the issue price of Rs 60 per share. The Rs 810 crore initial public offering (IPO), which was sold between December 2 and 4 in the Rs 59-60 price band, was subscribed a whopping 156.65 times.

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Premium on Burger King shares in grey market jumps to 75 percent ahead of listing: Burger King listing: क्या लिस्टिंग पर भरेगी निवेशको की झोली!

Premium on Burger King shares in grey market jumps to 75 percent ahead of listing: Burger King listing: क्या लिस्टिंग पर भरेगी निवेशको की झोली!
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Suffocated vendors reject new Pali market

‘Suffocated’ vendors reject new Pali market ByLinah BaligaLinah Baliga / Updated: Dec 12, 2020, 06:00 IST Pali Market is the most lucrative of the municipal market plots that had gone for redevelopment since 2005 No AC, narrow staircase, lack of ventilation cited as reasons to reject the market redevelopment that began in 2005. Many vendors have refused to occupy the spanking new Pali Market building in Bandra as they say there is poor ventilation and other issues. The redevelopment of Pali Market, located below the upmarket residential enclave of Pali Hill, had faced several roadblocks before finally seeing the light of day. It is the most lucrative of the

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Burger King IPO grey market premium: Burger King listing: Can it rewrite Happiest Minds, Chemcon successes?

Burger King was the fourth mainboard IPO this year, which saw over 100 per cent subscription levels.

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