Devyani International Limited IPO Subscription Status & Subscription Numbers | Should You Subscribe ?

Devyani International Limited IPO (Initial Public Offering) will open for subscription on 04 Aug 2021 which is Wednesday. Devyani International Limited IPO will close for subscription on 06 July 2021 which is Friday. The GMP is showing a good trend which reached Rs 55 and all eyes will be on QIB and HNI numbers as it will be the key point for the GMP. The company to raise Rs.1838 crore via IPO. 

Devyani International Limited is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick-service restaurants in India, on a non-exclusive basis, and operates 655 stores across 155 cities in India, as of March 31, 2021. In addition, we are a franchisee for the Costa Coffee brand and stores in India. The price band of the IPO is ₹86 to ₹90. The Devyani International Limited IPO to list on NSE and BSE. Check out Devyani International Limited grey market premium, Kostak rates, and subject to sauda rates as of today.
Latest Update: Devyani International Limited IPO subscribed 6.61x times, QIB 1.32x, NII  6.37x and RII 22.94x times on day 1.

    Devyani International Limited IPO Subscription Status

    Devyani International Limited IPO Subscription Numbers
    (Day 1 - Till 1:30 PM)

    Category Day 1 Day 2 Day 3
    QIB 0.77x 1.32x x
    NII 0.77x 6.37x x
    RII 11.35x 22.94x x
    EMP 0x x x
    OTH x x x
    Total 2.69x 6.61x x

    Devyani International Limited IPO Date & Price Band:

    IPO Opening Date Aug 4, 2021
    IPO Closing Date Aug 6, 2021
    Issue Type Book Built Issue IPO
    Face Value ₹1 per equity share
    IPO Price ₹86 to ₹90 per equity share
    Market Lot 165 Shares
    Min Order Quantity 165 Shares
    Listing At BSE, NSE
    Issue Size [.] Eq Shares of ₹1
    (aggregating up to ₹1838 Cr)
    Fresh Issue [.] Eq Shares of ₹1
    (aggregating up to ₹440 Cr)
    Offer for Sale155,333,330 Eq Shares of ₹5
    (aggregating up to ₹1398 Cr)

    Devyani International Limited IPO Tentative Timetable

    The Devyani International Limited IPO open date is 4 Aug 2021, and the close date is 6 Aug 2021. The issue may list on. 

    IPO Open Date Aug 4, 2021
    IPO Close Date Aug 6, 2021
    Basis of Allotment Date Aug 11, 2021
    Initiation of Refunds Aug 12, 2021
    Credit of Shares to Demat Account Aug 13, 2021
    IPO Listing Date Aug 16, 2021

    Devyani International Limited IPO Market Lot:

    The Devyani International Limited IPO minimum market lot is 165 shares with ₹14,850 application amount. The retail investors can apply up to 13 lots with 2145 shares or ₹193,050 amounts.

    Minimum Lot Size: Minimum 165 Shares
    Minimum Amount: ₹14,850
    Maximum Lot Size: Maximum 2145 Shares
    Maximum Amount: ₹193.050

    Devyani International Limited IPO Subscription FAQs:

    When Devyani International Limited IPO Subscription will start?
    The Devyani International Limited IPO subscription starts on 04 Aug 2021 for QIB, NII, and Retail Investors.

    How much Devyani International Limited IPO subscribed?
    The Devyani International Limited IPO subscribed 6.61times on day 1.

    What is the Devyani International Limited IPO retail subscription status?
    The Devyani International Limited retail subscription is 22.94on day 1.

    How to subscribe to Devyani International Limited IPO?
    You can go with ASBA and Non-ASBA options for subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

    How do I check live Devyani International Limited IPO Subscription Numbers?
    One can visit our portal for live subscription numbers which we are updating hourly basis or check the numbers on NSE and BSE websites.