Burger King India IPO opens today: Price band, subscription - all you need to know
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US-based quick service restaurant (QSR) chain Burger King's Indian arm will hit the capital markets on Wednesday as part of its plans to raise Rs 810 crore to fund expansion and pare debt. The chain, which currently operates 268 stores, of which eight are franchises mainly located at airports and the rest are company-owned, in India has fixed the price band of the initial public offering (IPO) at Rs 59-60 per share.
US-based quick service restaurant (QSR) chain Burger King's Indian arm will hit the capital markets on Wednesday as part of its plans to raise Rs 810 crore to fund expansion and pare debt. The chain, which currently operates 268 stores, of which eight are franchises mainly located at airports and the rest are company-owned, in India has fixed the price band of the initial public offering (IPO) at Rs 59-60 per share.
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