Devyani International IPO: GMP, issue price, other details. Should you subscribe?
Devyani International IPO consists of a fresh issue of ₹440 crore and an offer for sale (OFS) of upto 155.33 million shares by shareholders and promoters
Food and beverages major and the largest franchisee of Pizza Hut, KFC, and Costa Coffee, Devyani International's initial public offering (IPO) has opened for subscription today. The issue will close on August 6 and the price band of the initial share sale has been fixed at ₹86-90 per share. The issue was fully subscribed on the first day of the bidding, led by strong demand from retail investors.
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