The first sale of stock (IPO) will open on December 2, for three days.
The value band for the IPO has been set at Rs 59-60 for every offer. Burger King India Ltd, a snappy assistance eatery network, intends to raise Rs 810 crore through new issuance of offers worth Rs 450 crore, and a proposal available to be purchased of up to 60 million offers by the advertiser QSR Asia Pte Ltd worth Rs 360 crore, at the upper finish of the value band.
Presently, why they raising assets?
Net continues from the new issue are proposed to be used for subsidizing the rollout of new organization claimed Burger King Restaurants via - reimbursement or prepayment of exceptional borrowings of the organization and for general… continue reading….
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