ABOUT COMPANY:
Devyani International Ltd. (DIL) is the largest franchisee of Yum Brands in India and also among the largest operators of chain quick-service restaurants ("QSR") in India (Source: Global Data Report), on a non-exclusive basis, and operate 655 stores across 155 cities in India, as of March 31, 2021, and 696 stores across 166 cities in India, as of June 30, 2021.
Devyani International Ltd. (DIL) is the largest franchisee of Yum Brands in India and also among the largest operators of chain quick-service restaurants ("QSR") in India (Source: Global Data Report), on a non-exclusive basis, and operate 655 stores across 155 cities in India, as of March 31, 2021, and 696 stores across 166 cities in India, as of June 30, 2021.
FINANCIAL PERFORMANCE:
On the financial performance front, on a consolidated basis, DIL has posted turnover/net profits (loss) of Rs. 1323.68 cr. / Rs. - (59.29) cr. (FY19), Rs. 1535.04 cr. / Rs. - (78.75) cr. (FY20) and Rs. 1198.90 cr. / Rs. - (81.32) cr. (FY21). While it has marked a setback in the top line for FY21, it has reported higher losses for all these years.
For the last three fiscals, DIL has (on a consolidated basis) posted an average EPS of Rs. - (0.76) and an average RoNW of - (24.26%). The issue is priced at a P/BV of 87.38 based on its NAV of Rs. 1.03 as of March 31, 2021, and at a P/BV of 19.52 based on its post-issue NAV of Rs. 4.61 (at the upper cap).
On the financial performance front, on a consolidated basis, DIL has posted turnover/net profits (loss) of Rs. 1323.68 cr. / Rs. - (59.29) cr. (FY19), Rs. 1535.04 cr. / Rs. - (78.75) cr. (FY20) and Rs. 1198.90 cr. / Rs. - (81.32) cr. (FY21). While it has marked a setback in the top line for FY21, it has reported higher losses for all these years.
For the last three fiscals, DIL has (on a consolidated basis) posted an average EPS of Rs. - (0.76) and an average RoNW of - (24.26%). The issue is priced at a P/BV of 87.38 based on its NAV of Rs. 1.03 as of March 31, 2021, and at a P/BV of 19.52 based on its post-issue NAV of Rs. 4.61 (at the upper cap).
Devyani International IPO Details
| Issue Open | Aug 4, 2021 |
| Issue Close | Aug 6, 2021 |
| IPO Price | ₹86 - ₹90 |
| Face Value | ₹1 |
| IPO Size | ₹1,838.00 Cr |
| Listing At | BSE, NSE |
| IPO Lot Size | 165 |
Devyani International IPO Timetable
| IPO Opens On | Aug 4, 2021 |
| IPO Closes On | Aug 6, 2021 |
| Finalisation of Basis of Allotment | Aug 11, 2021 |
| Initiation of Refunds | Aug 12, 2021 |
| Credit of Shares to Demat Account | Aug 13, 2021 |
| IPO Listing Date | Aug 16, 2021 |
#DEVYANIIPO
No comments:
Post a Comment