2021-08-04 Devyani Internationa.. ICICI Securities Limited
IPO Note

Devyani International Ltd : IPO

Indias QSR to grow at ~12% over next five years The Indian QSR industry has grown at a CAGR of 3% in the last five years to US$40 billion (bn) in 2020. Further, it is likely to grow at a higher rate of ~10% to become ~US$65 bn industry by 2025. Rapid growth in QSR will be aided by increased urbanisation supported by a younger population with rising income levels and excess disposable income. Also, QSR is expected to experience a rise in number of transactions and average transaction amount due to the short service time at an affordable price offered by QSR....

2021-08-04 Devyani Internationa.. Ashika Research
IPO Note

Devyani International Ltd. IPO Note

165 Equity Shares and in multiples thereof. Public issue of 204,222,219 Equity shares of Face value Rs. 1 each, (Comprising of fresh issue of 48,888,889 Equity Shares* (Rs. 440 cr.) and Offer for Sale of...

2021-08-04 Devyani Internationa.. AUM Capital
IPO Note

Devyani International Ltd

Devyani International Ltd. (DIL) is an associate company of RJ Corp, the largest bottling partner of food and beverages (F&B;) major Pepsico, and has interests in the Indian retail F&B; sector. It is the largest franchisee of Yum Brands, operating core brands such as Pizza Hut, KFC, Costa Coffee besides its own brands such as Vaango, Food Street, Masala...

2021-08-03 Devyani Internationa.. Ventura
IPO Note 2021-08-02 Devyani Internationa.. HDFC Securities
IPO Note

Devyani International Limited IPO Note 02082021

Devyani International Limited IPO Note Issue Open: Aug 04 Aug 06 2021 Price Band: Rs. 86 90 *Issue Size: 204,222,219 eq shares (Fresh Issue of Rs.440 cr + Offer for sale of 155,333,330 eq sh) Issue Size: Rs.1756.31 1838.0 cr Reservation for: QIB atleast 75% eq sh Non Institutional Upto 15% eq sh Retail Upto 10% eq sh Employee Upto 550,000 eq sh

2021-08-02 Devyani Internationa.. Prabhudas Lilladhar
IPO Note

IPO Note - Execution key for LT, listing gains likely - SUBSCRIBE

We recommend subscribe to IPO of DIL. We believe DIL is on the verge of a new growth phase for the company led by 1) KFCs leadership in Chicken segment 2) strong brand recall and growth prospects of Pizza hut with just 297 stores (1300+ by Dominos) 3) Acquisition of 73 KFC stores of Yum over past 3 years 4) Aggressive expansion with addition of 90 stores in the last 6 months and likely hood of sustaining trend 5) move towards smaller delivery formats for KFC & Pizza Hut (share of delivery up from 50-70% between FY20/21) to achieve faster growth and higher margins and lower payback...

Reach out

Find us at the office

Gieser- Madigan street no. 4, 89728 Tokyo, Japan

Give us a ring

Danyelle Malanche
+96 551 917 434
Mon - Fri, 10:00-17:00

Tell us about you