KFC, Pizza Hut Franchisee Seeks SEBIâs 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 regulatorâs 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.âan arm of private equity firm Temasek and its promoter RJ Corp Ltd.âin 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 regulatorâs approval to go public.