Burger King India shares to list on exchanges on Monday

New Delhi: The shares of Burger King India, whose ₹810-crore initial public offering (IPO) ended recently, will make their debut on the exchanges on Monday.

The shares will be listed on BSE and the National Stock Exchange.

“Effective Monday, 14 December, the equity shares of Burger King India shall admitted to dealings in the list of ‘B ‘ group of securities,” BSE said in a note on Friday.

The IPO was subscribed more than 156 times at a price band of ₹59-60 per share.

The IPO included a fresh issue of ₹450 crore shares. Promoter entity QSR Asia Pte Ltd sold up to 6 crore shares in the IPO.

CLSA India, JM Financial, Kotak Mahindra Capital and Edelweiss Financial Services were managers to the offer.

The quick service restaurant (QSR) chain operates 268 stores, out of which eight are franchises located at airports and the remaining are owned by the company.

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