What can I expect from Burger King IPO?

The Rs 810-crore public issue received second highest subscription of 156.65 times in 2020, during the December 2-4 period. “Looking at the strong subscription demand one can expect a bumper listing gain with 70-75 percent listing premium (Rs 90 – 100 plus levels) on allotment price of Rs 60.

Is it good to take Burger King IPO?

Going ahead, they are expected to grow at a CAGR of 23 per cent by FY25 on the back of increasing demand and more penetration and expansion of international brands in India. We believe Burger King is well placed in this category as it is one of the fastest growing companies in the space,” the brokerage said.

What is the future of Burger King in India?

Burger King India is bordering on breakeven, according to the 4 Indian Hospitality analysts. They expect the company to post a final loss in 2022, before turning a profit of ₹142m in 2023. Therefore, the company is expected to breakeven roughly 2 years from today.

What is happening with Burger King?

Burger King is declining in revenue over the years According to Statista, the company generated revenue well over $1.5 billion in 2020, higher than it had seen in 2013, 2014, 2015, 2016, or 2017.

Is Burger King good to invest?

Should you buy at current levels? After making a dream debut at Indian stock market in December 2020, Burger King share price has been on the down side as it has shed near 2.5 per cent in 2021. They said that the stock may become highly bullish if it manages to breach and sustain above ₹190 levels.

Is there a Burger King in India?

Burger King launched in India in 2015 and today has 268 restaurants across 57 cities.

Why does Burger King rebrand?

“We wanted to use design to help close the gap between the negative perceptions a lot of people have of fast food, and the positive reality of our food story by making the brand feel less synthetic, artificial and cheap, and more real, crave-able and tasty,” she continued.