Devyani International Limited IPO Allotment Status– The wait for the investors of Initial Public Offering (IPO) of Devyani International Limited is likely to be over as the finalisation of share allotment is expected to be completed by Wednesday – 11 August. The IPO issue ended on August 6, 2021. Check the status via BSE and the IPO registrar link online here by following some simple steps. 

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The IPO was subscribed 75.54 times over the three-day period. The response form Retail Individual Investors (RIIs) was also strong as they subscribed this issue 19.53 times. The non-institutional investors subscribed it 154.40 times while the Qualified Institutional Buyers (QIBs) subscribed the issue 55.47 times on the NSE. On the BSE, RIIs subscribed 19.19 times, non-institutional investors subscribed the issue 58.66 times while the QIBs subscribed the issue 39.81 times.   

See Zee Business Live TV Streaming Below:

https://linkintime.co.in/MIPO/Ipoallotment.html       

Step 2: Again, select IPO Name- 'Devyani International Limited'           

Step 3: Here, fill in details such as PAN number, application number or DP ID           

Step 4: Now, click on 'Search' Button. You can now see your Devyani International IPO Allotment on the screen.       

The company operates quick service restaurants like Costa Coffee, KFC and Pizza Hut. 

The company has planned to raise Rs 1838 cr through this issue. The IPO comprised of a fresh issue of up to Rs 440 cr and an Offer for Sale (OFS) of up to 155,333,330 equity shares. The RIIs were allocated 10 per cent of the overall shares available for subscription. For QIBs, 75 per cent of the entire issue was reserved while for NIIs, 15 per cent shares have been allocated.