What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Burger King India Limited IPO allotment date?

The basis of allotment for Burger King India Limited IPO is scheduled to be finalized on 10 Dec 2020.

Where can I check Burger King India Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 11 Dec 2020.

IPO GreyPremiumLIVE

Grey Market Intelligence

Burger King India Limited

ListedMainboard

Consumer Discretionary · NSE / BSE

Burger King is one of India's fastest-growing quick-service restaurant chains and the second-largest fast-food burger brand in the country. It operates 216 Burger King restaurants along with 8 sub-franchised outlets. The company holds exclusive rights to establish, develop, and operate Burger King restaurants in India. To cater to Indian tastes and preferences, it continuously expands its menu with new offerings. Burger King strategically opens its outlets in high-traffic areas across key metropolitan cities to maximize reach and accessibility.

Price Band

₹59 – ₹60

Issue Size

₹810 Cr

Lot Size

250 shares

GMP

₹43

+71.7%

Est. Listing

₹103

at current GMP

Subscribed

—

Open

2 Dec 2020

4 Dec 2020

Allotment

10 Dec 2020

Refund

11 Dec 2020

Demat Credit

12 Dec 2020

Listing

14 Dec 2020

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Burger King India Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

10 Dec 2020

Basis finalization

Refunds Initiate

11 Dec 2020

Mandate release

Demat Credit

12 Dec 2020

Shares in demat

Listing Debut

14 Dec 2020

Trading begins

About Burger King India Limited Public Issue & Market Profile

Burger King India Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹810 Crores. The shares are offered at a price band of ₹59 to ₹60 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 250 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2020-12-12, while un-allotted funds or UPI block mandates will be released on 2020-12-11.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.