InvestorQ : What is your view on the forthcoming IPO of Devyani International?
Priyanka N made post

What is your view on the forthcoming IPO of Devyani International?

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Neelam Naik answered.
4 weeks ago
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Devyani International, the India franchise for Pizza Hut, KFC, and Costa Coffee; filed DRHP for Rs.1400 crore IPO with SEBI. It will consist of Rs.400 as fresh issue and Rs.1,000 crore as OFS. Early investors will offload 12.5 crore shares. Devyani opened 109 stores in last 6 months and was the largest QSR company on Swiggy and Zomato in 2019 and 2020.

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