Devyani International Ltd. IPO

It is the largest operator of Pizza Hut, KFC, and Costa Coffee in India. The company operates in the Quick Service Restaurant (QSR) segment.

RHP
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DRHP
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Open Date

2021-08-04

Close Date

2021-08-06

Devyani International Ltd. IPO Details

Check out the issue details for Devyani International Ltd. IPO as disclosed in SEBI.

IPO Price

₹ 90

Price Band

₹ 86 - 90

Issue Size

1838 Cr.

Issue Type

Book Built

Open

2021-08-04

Close

2021-08-06

Listingprice

₹ 140.9

ListingGain

56.56%

Listing Date

2021-08-16

CMP

₹ 171.56

Current Return

90.62%

Company Financials

You can get the following financial statements of Devyani International Ltd. as of now.

The approx valuation of Devyani International IPO company based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 90
Existing Shares (Qty) 115.36 Cr
Fresh Issue (Qty) 4.9 Cr
Market Cap 10,823 Cr
EPS  Rs -0.50 
Industry PE ~179x

 

Devyani International IPO issue size is 1838 Cr

Issue Amount
Fresh Issue 440 Cr
Offer For Sale 1398 Cr

 

An Individual can apply for a minimum 1 lot of 165 shares and a maximum of 13 lots of 2145 shares. Find the details below:

Application Lots Shares Amount
 Minimum  1 165 Rs 14,850
 Maximum 13 2145 Rs 1,93,050

 

Devyani International IPO is subscribed 116.70 times till 6th August. It is Oversubscribed as of now. The category-wise subscription is as follows:

Category % Offered Subscription 
Qualified Institutional Minimum 75% 95.27 Times
Non-Institutional Maximum 15% 213.06 Times
Retail Individual Maximum 10% 39.48 Times
Employee 5.5 Lakh share 4.70 Times
Total   116.70 Times

Once you have subscribed to an IPO, you have to wait for its allotment to your account. Find below the dates of allotment of Devyani International IPO:

Schedule Date
Basis of Allotment 11 August 2021
Refunds 12 August 2021
Credit to Demat Account 13 August 2021
IPO Listing Date 16 August 2021

 

When the allotment is out, you can check it from the registrar's website. Find the Devyani International IPO allotment status here.

Check allotment status

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 998.76 1853.27 2774.28 3116.22 3349.33
Total Expenditure 844.16 1468.97 2184.54 2520.08 2746.22
Operating Profit 154.6 384.31 589.74 596.15 603.12
Other Income 48.86 21.44 36.9 37.53 49.88
Interest 127.77 106.85 136.23 173.22 222.35
Depreciation 191.47 185.28 257.56 336.94 403.61
Exceptional Items 45.75 -1.32 0 -116.01 0
Profit Before Tax -70.03 112.31 232.84 7.51 27.03
Provision for Tax 0 -41.08 -27.34 13.85 3.31
Net Profit -65.31 153.38 260.18 -6.34 23.72
Adjusted EPS (Rs.) -0.06 0.13 0.22 -0.01 0.02

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 115.36 120.47 120.5 120.59 120.63
Total Reserves 183.74 772.65 964.26 968.02 983.34
Borrowings 305.54 60.92 0 289.85 264.51
Other N/C liabilities 665.82 853.33 1260.56 1549.47 1774.01
Current liabilities 326.96 319.16 479.33 640.87 717.64
Total Liabilities 1597.42 2126.53 2824.64 3568.79 3860.13
Assets
Net Block 1163.19 1516.61 2232.29 2747.65 3042.61
Capital WIP 7.24 0.66 7.48 7.37 3.46
Intangible WIP 0 0 0 0 0
Investments 87.62 110.5 84.4 354.64 353.64
Loans & Advances 118.64 146.7 171.54 113.7 120.17
Other N/C Assets 62.21 48.78 50.87 48.11 56.49
Current Assets 158.53 303.27 278.07 297.33 283.77
Total Assets 1597.42 2126.53 2824.64 3568.79 3860.13
* Other Non-current Liabilities include Net deferred Liabilities

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
Other Income 17.4 11.32 10.17 13.91 14.49
Profit Before Tax -90.64 39.64 3.31 -0.3 -15.61
Tax 14.4 7.98 2.29 -4.61 -2.35
Profit After Tax -105.04 31.65 1.02 4.31 -13.26
Adjusted EPS (Rs) -0.87 0.26 0.01 0.04 -0.11

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2025 62.72 0
Dec 2024 62.72 0
Sep 2024 62.72 0
Jun 2024 62.73 0
Mar 2024 62.74 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations -65.31 112.31 232.84 7.51 27.03
Adjustment 230.89 262.89 371.09 609.45 606.71
Changes in Assets & Liabilities -7.35 19.17 30.45 -11.68 24.36
Tax Paid -0.16 -9.2 -39.63 -18.64 4.38
Operating Cash Flow 158.09 385.17 594.75 586.63 662.48
Investing Cash Flow -302.3 -363.47 -305.34 -737.48 -322.92
Financing Cash Flow 170.09 -9.89 -279.07 109.16 -327.09
Net Cash Flow 25.88 11.81 10.35 -41.69 12.47
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