Burger King India share price extended losses, falling another 6.75 per cent to Rs 140 apiece on BSE today. The stock has tumbled over 15 per cent in two days
A host of factors such as October-December quarter earings, COVID-19 vaccine rollout, oil prices, rupee movement and other global developments will set the market tone today.
Mrs Bectors Food Specialities shares are scheduled to make a stock market debut today, December 24, 2020. The Rs 540-crore IPO was subscribed a whopping 197.38 times.
The Rs 300-crore Antony Waste Handling Cell initial public offer (IPO) has been subscribed 15 times so far on the final day of the three-day bidding process.
After a bloodbath in the previous session, domestic equity market benchmarks BSE Sensex and Nifty 50 are likely to open in the green on Tuesday, as suggested by trends in SGX Nifty
The Rs 540-crore Mrs Bectors Food Specialities initial public offer (IPO), which was subscribed a whopping 197.36 times, is likely to finalise the share allotment on Tuesday, December 22, 2020.
Burger King India share price fell another 10 per cent today to hit lower circuit. The company's market capitalisation has fallen to Rs 6,161.81 crore today morning from Rs 6,844.98 crore yesterday
Burger King IPO has witnessed a dream run since its listing on the exchange, and it has made its investors richer, laughing all the way to the bank, according to an analyst.
Mrs Bectors Food is the largest supplier of buns in India to quick service restaurants (QSR) chains such as Burger King, McDonald’s, KFC, Carl’s Jr, Pizza Hut and Dominos Pizza.
The Rs 810-crore initial public offer (IPO) of Burger King India had received a strong response from investors across categories and was subscribed 156.65 times.
Mrs Bectors Food Specialities markets and sells a range of bakery products in savoury and sweet categories which include breads, buns, pizza bases and cakes under the brand 'English Oven'.
Mrs Bectors Food Specialities is the largest supplier of buns to quick service restaurant (QSR) chains such as McDonald's, KFC, Burger King and Carl's Jr.
Those who had placed bids for the Burger King India issue can check the subscription status on the registrar’s website. Registrar is a SEBI-registered entity responsible for the IPO allotment and refund processing.
Burger King India's nature of the business, the scope of expansion, positive sentiment in market helped it to receive the second-highest subscription in the current year
As the Burger King India IPO was priced lower as compared to its peers such Jubilant FoodWorks and Westlife Development, most of the analysts and brokerages recommended to ‘subscribe’ to the issue.
The Rs 810-crore Burger King India IPO was subscribed 1.86 times so far in the afternoon. The issue received bids for 13.82 crore equity shares against IPO size of 7.45 crore equity shares.