Devyani International shares: The shares of the fast-food chain operator opened higher by 56 per cent at Rs 141 on the BSE and Rs 140.90 on the NSE, as against issue price of Rs 90 per share.
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Read more about Devyani International IPO subscribed 116.68 times on Business Standard. The issue received bids for 1,313.44 crore shares as against 11.25 crore shares on offer.
Devyani International IPO in progress: Should you subscribe to the share sale?
The firm has fixed a price band of Rs 86-90 for the IPO. At the upper end of the price band, the IPO is expected to fetch Rs 1,838 crore Devyani International has already raised Rs 824.87 crore from 63 anchor investors on August 3. BusinessToday.In
Updated Aug 04, 2021, 10:50 AM IST
The initial public offer (IPO) of Devyani International, the largest franchisee of Pizza Hut, KFC and Costa Coffee in India, has opened today. The firm has fixed a price band of Rs 86-90 for the IPO. At the upper end of the price band, the IPO is expected to fetch Rs 1,838 crore.