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Devyani International files for IPO, plans to raise Rs 1,400 crore

Devyani International files for IPO, plans to raise Rs 1,400 crore Devyani International is the largest franchisee of Pizza Hut, KFC and Costa Coffee BusinessToday.In | May 17, 2021 | Updated 14:55 IST Kotak Mahindra Capital Company Ltd, CLSA India Pvt Ltd, Edelweiss Financial Services Ltd and Motilal Oswal Investment Advisors have been appointed investment bankers to the issue. Link Intime India is registrar to the issue. Devyani International has filed a draft red herring prospectus (DRHP) with market regulator SEBI to launch a Rs 1,400-crore initial public offer (IPO). The firm is the largest franchisee of Pizza Hut, KFC and Costa Coffee. The share sale will comprise fresh issue of equity shares worth Rs 400 crore and an offer-of-sale (OFS) of up to 12.5 crore equity shares by Investor Selling Shareholder, Dunearn Investments (Mauritius) Pte. Ltd, a wholly owned subsidiary of Temasek Holdings and Promoter Selling Shareholders and RJ Corp Ltd.

KFC, Pizza Hut Franchisee Seeks SEBI s Nod For IPO

KFC, Pizza Hut Franchisee Seeks SEBI’s Nod For IPO May 16 2021, 11:53 AM May 16 2021, 11:53 AM May 16 2021, 11:53 AM The operator of Pizza Hut and KFC in India has sought the market regulator’s approval to go public.Devyani International Ltd. will offer fresh equity shares worth up to Rs 400 crore and an offer-for-sale of 12.5 crore equity shares by Dunearn Investments (Mauritius) Pte. Ltd.—an arm of private equity firm Temasek and its promoter RJ Corp Ltd.—in its initial public offering, according to a draft red herring prospectus.The company didn. The operator of Pizza Hut and KFC in India has sought the market regulator’s approval to go public.

Leading QSR Player, Devyani International files for Rs 1400 Cr IPO

Leading QSR Player, Devyani International files for Rs 1400 Cr IPO
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IPO alert: Sequoia Capital-backed Aptus Value Housing files for Rs 3,000 crore IPO

Bongkarn Thanyakij Housing finance company Aptus Value Housing Finance Limited (AVHFIL) filed its papers with the market regulator SEBI to raise around Rs 2,600 - 3,000 crore. The fund raised through the initial public offering (IPO) will be used to increase the company’s capital base and to meet future growth requirements. The fund raise comprises a fresh issue of equity shares aggregating to 500 crore and an offer for sale of upto 6.45 crore equity shares by promoter and other selling shareholders. The company had marquee investors like West Bridge Crossover Fund, Malabar Investments, Sequoia Capital, Steadview Capital and Madison India. As of December 31, 2020, the company’s AUM stood at Rs 3,790.93 crore of which 72.50 per cent were loans to self-employed customers while the balance 27.50 per cent accounted for salaried individuals.

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