- Hindi News
- Burger King IPO Listing Price | 85% jump in Burger King India shares market debut
Tired of ads? Install Dainik Bhaskar app for news without ads
Mumbai2 days ago
- Burger King is the fourth IPO of the year to give the most benefits
- SBI Card has been the largest IPO. It has accumulated over Rs 10,000 crore
This year, the initial public offering (IPO) has been successful in benefiting investors. Burger King has also emerged as King. Its shares were listed on Monday at a 92% premium. That is, investors who have invested money in an IPO have seen a 92% increase on the day of listing. This is the fourth IPO of the year that has given the most benefits.
Opened from 2 to 4 December
Let us know that Burger King’s IPO was open from 2nd to 4th December. It was priced at Rs 58-60. The Bombay Stock Exchange (BSE) on Monday traded at Rs. That is, those who have invested Rs 1,000 in an IPO have gone up to Rs 1,920. The craze of IPO market in 2020 is tremendous. Investors have not only made money from IPOs, they have also made good money from the secondary market. The secondary market has risen about 78% since March. However, compared to January, it has returned more than 10%.
All three IPOs gave more than 100% profit
There are 3 IPOs before Burger King, listed at over 100% premium. In the year 2020, 70% of IPOs are listed, which are listed at a premium. There have been 12 IPOs so far this year. It has given a good return to 8 investors. The IPOs of 10 of these companies came in September or later. Speaking of this year, companies have been avoiding entering the market for a long time due to the lockdown. But once the economy is back on track, companies are constantly bringing in IPOs.
The companies raised Rs 25,000 crore
Exchange data shows that companies have raised more than Rs 25,000 crore so far this year. The figure is expected to touch Rs 30,000 crore. This year, SBI Card has been the largest IPO of 12 companies. It has accumulated over Rs 10,000 crore. Since then, CAMS and UTI mutual funds have grown by more than Rs 2,000-2,000 crore.
Pharma’s largest IPO
Gland Pharma has launched the largest pharma IPO in the country so far. It has raised Rs 6,400 crore. Others include Rosary Biotech, Root Mobile, Happy Minds, Camcon Specialty, Angel Broking, Mazgaon Dock, Equitas Bank and Burger King. Talking about his performance, the IPO of Kemkan Specialty was priced at Rs 340. It was priced at Rs 731. Investors have increased this by 115%.
Happy Minds’ IPO came in at Rs 166. The listing was done at Rs 351. That is 111% of investors benefited. Root Mobile’s IPO was listed at a premium of 102%. It came in at Rs 350 in the IPO. It was priced at Rs 708. The Burger King listed today has given investors 92%.
Burger King costs Rs
Burger King’s IPO was Rs 60. Which was priced at Rs. That is, investors have increased by 92%. Rosary Biotech’s IPO has given investors a 58% benefit. It came in at Rs 425 and was listed on the IPO exchange at Rs 670. Apart from this, the IPOs that have been listed have also been given good benefits. However, this benefit has been less than 50%.
Mazgaon Post gave a benefit of 49%
The IPO of Mazgaon Dak has given a 49% benefit to investors. It was priced at Rs 216 and the IPO was priced at Rs 145. CAMS’s IPO, which works for mutual funds, has reported a 25% profit. Gland Pharma’s IPO has risen 14%. Its IPO is priced at Rs 1,500. However some IPOs hurt investors at this point.
This IPO made a loss
Financial servicing equities holdings gave investors a loss of 6%. It was suggested at Rs 31 as compared to Rs 33. Angel broking is down 10%. It was priced at Rs 306 which was listed at Rs 275. UTI Asset Management Company also had a hard time filing an IPO. This has resulted in a 12% loss to investors. While SBI Card IPO has given investors a loss of 13%.
Opportunity to earn again
By the way, you will have the opportunity to earn an IPO again from Tuesday. Mrs. Becter, who supplies materials to Burger King, has an IPO opening tomorrow. It is trading at 70% premium in the gray market. That is, there is a huge demand among investors even before the IPO opens. In such a scenario, its IPO will be good as well as it can make a good profit in listing. The company aims to raise Rs 540 crore. Many shareholders will sell their stake in it.
Reserved for employees
There is a discount of Rs 15 for employees. 50 lakh shares are reserved for them. Investors can apply for at least 50 stocks. It is priced at Rs 286 to Rs 288. Indeed the value of this company was to be diminished. But in the meantime, the way Burger King’s IPO received response, Mrs. Becter’s price was raised. Burger King’s IPO was filled 156 times. In such a scenario, the company supplying the goods to it is also going to hit the IPO.
This IPO is also in line
Apart from this, IPOs of Kalyan Jewelers, state-owned RailTail, Sunrise Small Finance Bank, Nazara Technology and Anthony Waste Handling are coming up. Kalyan Jewelers will raise Rs 1750 crore. Rail Tel has set a target of raising Rs 700 crore. Suryodaya Small Finance Bank has set a target of Rs 1,000 crore, Drishti Rs 1,000 crore and Antony Rs 100-500 crore.