Monday, August 16, 2021

Devyani International IPO

Devyani International IPO Allotment 

Devyani International offers posting: The Devyani International scrip got recorded at Rs 141 each on the BSE, subsequently enrolling an increase of 56.67 percent from its offer cost of Rs 90.

 

The portions of Devyani International, the biggest franchisee of cheap food majors Pizza Hut, KFC and Costa Coffee in India, made a solid introduction on the stock trades today posting at more than 56% higher than their issue cost.

 

The scrip got recorded at Rs 141 each on the BSE, along these lines enlisting an increase of 56.67 percent from its offer cost of Rs 90, while on the National Stock Exchange (NSE), it opened at Rs 140.90, up 56.55 percent from the issue cost.

 

The stock anyway couldn't added to its initial gains and contacted an intraday low of Rs 120.80 on NSE and Rs 120.75 on the BSE so far during the main half hour of exchange.

 

At 10:30 am, the scrip was exchanging at Rs 128.75 on the BSE, up 43.06 percent from the issue cost while on NSE it was at Rs 128.55.

 

Over 9.97 crore portions of Devyani International were exchanged on the NSE during the initial 30 minutes of exchange, while over 42.68 lakh shares traded hands on the BSE, information from the separate stock trades showed.

 

The Rs 1,838 crore IPO of the fast assistance cafés (QSR) administrator fulfilled a vigorous need during its offer period from August 4-6. The issue was oversubscribed by an astounding 116.71 occasions.

 

Devyani International right now works 297 Pizza Hut stores, 264 KFC stores and 44 Costa Coffee as of March 2021 in India.

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Devyani International IPO

Devyani International IPO Allotment  Devyani International offers posting: The Devyani International scrip got recorded at Rs 141 each on th...