Burger King India became public company after blockbuster IPO (subscribed 157 times). Currently company operate 267 restaurants in 57 cities. IPO price was 60Rs per share (less than $1) and in a few days price more than tripled.

In India, 55% of Burger King stores are located in malls, 25% in high streets, 15% are drive-thru while 5% are in metros & stations. Because of fast growth Burger King yet to turn profitable.

Pandemic and government imposed limitations negatively impacted fast-food business. But because many small players out of market, Burger King shown fast recovery because operated during the strict lockdown.

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By my-financial-wealth.com

Trader, blogger, traveler

5 thought on “Burger King IPO detailed review”
  1. Good review. But I was wondering why it’s share price started hitting lower circuits suddenly after hitting upper circuits initially.

    1. That who bought on IPO kept shares for a few days. After that they wanted to sell when price reached 200rs + . Because most of them though that they gonna make enough profit (almost 250% profit on a few days). On market sale orders dominated and price started falling, hit lower circuit.
      When more buyers = price grow. When more sellers = price reduce.

      1. Excellent interpretation! So it’s the profit booking by IPO allottees. Thanks a lot for your kind response!!

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