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DEVYANIEQ / NSE, BSEListed

Devyani International Limited

Incorporated in 1991, Devyani International Ltd is one of India’s largest quick-service restaurant (QSR) chain operators and the biggest franchisee of Yum Brands, operating 655 stores across 155 cities as of March 31, 2021. The company manages three business verticals: Core Brands, including KFC, Pizza Hut, and Costa Coffee stores in India; International Business, with stores in countries like Nepal and Nigeria; and Other Businesses, featuring its own branded outlets such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar. Starting with a single Pizza Hut store in Jaipur, the company has expanded significantly, operating 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India as of March 2021.

₹86 - ₹90Open
Listed Price140.90
Listing Gain+56.56%
TimelineBookbuilding IPO
Open04 Aug 2021
Close06 Aug 2021
Allotment11 Aug 2021
Listing16 Aug 2021

Quota Reservation Portions

QIBPortion: 15,27,54,165 shares
74.8%
Nii (hni)Portion: 3,05,50,832 shares
14.96%
RetailPortion: 2,03,67,221 shares
9.97%
EmployeePortion: 5,50,000 shares
0.27%

Minimum Application Bracket Matrix

Retail1 lots / 165 shares
₹14,850
sHNI14 lots / 2,310 shares
₹2,07,900
bHNI68 lots / 11,220 shares
₹10,09,800

About the Company

Incorporated in 1991, Devyani International Ltd is one of India’s largest quick-service restaurant (QSR) chain operators and the biggest franchisee of Yum Brands, operating 655 stores across 155 cities as of March 31, 2021. The company manages three business verticals: Core Brands, including KFC, Pizza Hut, and Costa Coffee stores in India; International Business, with stores in countries like Nepal and Nigeria; and Other Businesses, featuring its own branded outlets such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar. Starting with a single Pizza Hut store in Jaipur, the company has expanded significantly, operating 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India as of March 2021.

Company Promoters

Ravi Kant JaipuriaVarun JaipuriaRJ Corp Limited