The share allocation in Burger King India Limited IPO will finalised on 9th December. Link Intime India Limited is the registrar of the IPO and investors can check the allotment on its website. The issue, which closed on December 04th, was subscribed a whopping 156.65 times. The Rs 810 crore initial public offer received bids for 11,66,93,73,500 shares against 7,44,91,524 shares on offer.
In Burger King India Limited IPO, the retail individual investors segment was subscribed 68.15 times while qualified institutional buyers category was subscribed 86.64 times and non institutional investors 354.11 times.
The price range for the offer was fixed at Rs 59-60 piece and the lot size was 250 shares. Minimum application money for retail investors at the upper price band per lot is Rs. 15,000. Retail investors could bid for a maximum of 13 lots.
Burger King India Limited IPO are expected to be listed on December 14.
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