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From SBI Cards To Burger King, These Were The Biggest IPOs Of 2020 The public offer of US-based Burger King's Indian unit, Burger King India, is estimated at Rs 810 crore, comprising fresh issuance of shares worth Rs 450 crore. Updated: December 31, 2020 7:46 pm IST Calendar year 2020 saw the market debut of 13 companies, starting SBI Cards and Payment Services in March. The country's IPO market slowly gained momentum following a lukewarm response to the listing of the credit card arm of the country's largest bank. Mazagon Dock Shipbuilders' IPO, in September, was subscribed more than...

Domestic equity barometers firmed up in mid-afternoon trade. At 14:23 IST, the barometer index, the S&P BSE Sensex, rose 157.82 points or 0.34% at 46,256.83. The Nifty 50 index gained 40.15 points or 0.30% at 13,554. The broader market outperformed the benchmarks. The S&P BSE Mid-Cap index rose 0.82% while the S&P BSE Small-Cap index gained 0.84%. Buyers outpaced sellers. On the BSE, 1869 shares rose and 1092 shares fell. A total of 173 shares were unchanged. The undertone of the market was upbeat amid positive global cues following the progress in coronavirus vaccine. Robust inflows from for...

The Burger King India IPO was oversubscribed more than three times on the very first day Burger King India's Rs 810 crore initial public offering (IPO) will debut on the bourses tomorrow, i.e. December 14. The quick-service restaurant chain's IPO had received an overwhelming response from the investor community. The public offer was subscribed 156.65 times, receiving over 1,100 crore bids compared with 7.45 crore shares on offer. The portion reserved for retail investors was subscribed more than 30 times, the qualified institutional buyers (QIB) segment was subscribed 24 times and the non-i...