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Bugker King India makes remarkable debut
December 15, 2020
Shares of Burger King India on Monday zoomed more than 92 percent in its introduction exchange against its issue cost of ₹60. The stock opened at ₹115.35, an immense premium of 92.25 percent against the issue cost on the BSE. It later rose to a high of ₹119.80, up 99.66 percent.
On the NSE, it hopped 87.5 percent to ₹112.50 in its initial exchange. The organization’s market valuation was at ₹4,535.96 crores on the BSE.
Burger King India’s offer deal was bought in a huge 156.65 occasions recently.
Value range for the ₹810-crore first sale of stock (IPO) was fixed at ₹59-60 for each offer.
The speedy help eatery network as of now works 268 stores in India and out of them, eight are establishments, primarily situated at air terminals, while the rest are claimed by the organization.
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