The quick-service restaurant chain’s initial public offering performance nearly matched the Mazagon Dock Shipbuilders share sale in October, which was subscribed more than 157.41 times. Burger King’s IPO of $ 810 million rupees received offers of 11.67 billion shares, down from 74.49 million on offer, data received as of 5 p.m. Friday, the last day of bidding, showed.
The Company also raised INR 1.5 billion through a rights issue and a private placement, as part of its pre-IPO placement prior to filing its red herring prospectus.
IndusLaw advised the book that leads
Cyril Amarchand Mangaldas acted as Indian legal advisor for
Cyril Amarchand Mangaldas also acted as attorney for the
Ashurst acted as international legal advisor to the leading book in execution
Transaction value: INR 8.1 billion
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