Burger King IPO GMP Today, Burger King IPO Grey Market Premium Updates

Burger King IPO is going to hit the market on 02 December and closes on 04 December. As expected the price band is fixed at 59-60 so we can expect a good GMP on for the IPO. The GMP started with a good around 20-25 and subject to sauda is 5500. Check out Burger King IPO grey market premium, Kostak rates, and subject to sauda rates as of today.

Burger King IPO date might be announced in near term and IPO might hit in early December 2020 as per the speculations. Burger King India is going to raise ₹600 crores raised 200 crore from the last DRHP filed in 2019. The company Burger King files fresh DRHP with SEBI for an IPO. As we all know Burger King is a restaurant chain with over 200 outlets in 47 cities in India. They are India's fastest growing quick service restaurant chains. They have established their restaurants in high traffic areas in metropolitan areas. The company to list on NSE and BSE. The company has a ticket value of Rs.500-550. Stay tuned for Burger King IPO date, price band, and market lot details.




    Burger King IPO GMP Rates day by day with Kostak rates


    Date GMP Rate Kostak Sauda
    02-12-2020 Rs.28-30 Rs.250 Rs.5800
    01-12-2020 Rs.24-25 Rs. 250 Rs.5800
    30-11-2020 Rs.24-25 Rs.250Rs.5800
    29-11-2020 Rs.25-30 Rs. 350Rs.5800
    28-11-2020 Rs.20-25 Rs.300Rs.5500
    27-11-2020 Rs.20-25 Rs.300Rs.5500
    26-11-2020 Rs.13-15 NA NA

    • Grey market premium as on today is ₹24-25, Kostak ₹250 & Subject to Sauda is ₹5800
    • Grey market premium as on 29-11-2020 is ₹24-25, Kostak ₹250 & Subject to Sauda is ₹5800
    • Grey market premium as on 29-11-2020 is ₹25-30, Kostak ₹350 & Subject to Sauda is ₹5500
    • Grey market premium as on 28-11-2020 is ₹20-25, Kostak ₹300 & Subject to Sauda is ₹5500
    • Grey market premium as on 27-11-2020 is ₹20-25, Kostak ₹300 & Subject to Sauda is ₹5500
    • Grey market premium as on 26-11-2020 is ₹13-15, Kostak ₹N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 25-11-2020 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 24-11-2020 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A
    • Grey market premium as on 23-11-2020 is ₹N/A, Kostak ₹N/A & Subject to Sauda is ₹N/A

    Burger King IPO Detail


    IPO Open: 02 December 2020
    IPO Close: 04 December 2020
    IPO Size: ₹810 Crore (Approx)
    Face Value: ₹10 Per Equity Share
    Price Band: ₹59 - ₹60 Per Share
    Listing on: NSE & BSE
    Retail Portion: 10 %
    Equity: 13,50,00,000 Shares
    Employee Discount: NA

    Burger King IPO Market Lot


    Minimum Lot Size: Minimum 250 Shares
    Minimum Amount: ₹15000
    Maximum Lot Size: Maximum 3250 Shares
    Maximum Amount: ₹-1,95,000

    Burger King IPO Allotment & Listing:


    Basis of Allotment: 09 December 2020
    Refunds: 10 December 2020
    Credit to Demat Account: 11 December 2020
    Listing Date: 14 December 2020

    Disclaimer:

    - IPO Grey Market Premium (IPO GMP) mention is valid for the specific date as mentioned in the header.
    - We are not buying and selling IPO forms on IPO Grey Market.
    - Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
    - Do not subscribe for IPO by just seeing premium Price as it may change anytime before listing. Subscribe only considering Fundamental of the companies

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