Devyani International Limited
ListedMainboardConsumer Discretionary · NSE / BSE
Incorporated in 1991, Devyani International Ltd is one of India’s largest quick-service restaurant (QSR) chain operators and the biggest franchisee of Yum Brands, operating 655 stores across 155 cities as of March 31, 2021. The company manages three business verticals: Core Brands, including KFC, Pizza Hut, and Costa Coffee stores in India; International Business, with stores in countries like Nepal and Nigeria; and Other Businesses, featuring its own branded outlets such as Vaango, Food Street, Masala Twist, Ile Bar, Amreli, and Ckrussh Juice Bar. Starting with a single Pizza Hut store in Jaipur, the company has expanded significantly, operating 264 KFC stores, 297 Pizza Hut stores, and 44 Costa Coffee stores in India as of March 2021.
Price Band
₹86 – ₹90
Issue Size
₹1838 Cr
Lot Size
165 shares
GMP
₹59
+65.6%
Est. Listing
₹149
at current GMP
Subscribed
—
Open
4 Aug 2021
Close
6 Aug 2021
Allotment
11 Aug 2021
Refund
12 Aug 2021
Demat Credit
13 Aug 2021
Listing
16 Aug 2021
Last updated 12 days ago
Live Grey Market Premium
Devyani International Limited GMP Today
Last updated: 19 Oct 2026
Current Premium
₹59+65.6%
Issue Price (Upper)
₹90
Band: ₹86 – ₹90
Estimated Listing Price
₹149
Upper price + GMP
Lot Size
165 shares
Min investment ₹14,850
Estimated Profit / Lot
₹9,735
165 × ₹59
Devyani International Limited GMP Historical Trend
GMP History
Grey Market Premium trend
+₹59
▲ 0 today
Updated 1 minute ago
Estimated Listing Price
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹59 | 65.6% | ₹149 |
| 30 Oct 2026 | +₹59 | 65.6% | ₹149 |
| 29 Oct 2026 | +₹53 | 59.0% | ₹143 |
GMP is unofficial market data. Not a guarantee of listing performance.
About Devyani International Limited Public Issue & Market Profile
Devyani International Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹1,838 Crores. The shares are offered at a price band of ₹86 to ₹90 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
Public Issue & Pricing Context:
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Basis of Allotment & Listing Timeline:
Following the close of bidding on 2021-08-06, the basis of allotment is scheduled to be finalized on 2021-08-11. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Limited) or the BSE allotment checking window.
Frequently Asked Questions
What is Devyani International Limited IPO GMP today?
The latest grey market premium for Devyani International Limited IPO is ₹59, which indicates an expected listing price of ₹149.
What does Kostak Rate and Sauda mean in IPO GMP?
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
Is Grey Market Premium officially recognized?
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.