Small investors flock to Burger King IPO
4 years ago

Small investors flock to Burger King IPO

Live Mint  

Euphoric retail investors led to over subscriptions of Burger King India Ltd initial public offering on Wednesday. The ₹810 crore issue of the quick service restaurant chain, Burger King India Ltd was subscribed over three times at the end of first day of bidding. Burger King India’s premium positioning targeted for millennials, perhaps, has attracted retail investors to the issue despite covid-led lockdown and social distancing norms hitting restaurant businesses. Burger King India’s high street locations which typically have high impact and high visibility locations for brand awareness, shopping malls and food courts, which are both ready catchments to drive footfalls and transit locations, present a significant opportunity given India’s current promotion of infrastructure projects across the country, said the brokerage firm. Burger King India is the national master franchisee of the Burger King brand in India, with exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India.

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History of this topic

Burger King Trademark Infringement: Bombay HC temporarily restrains Pune eatery from using trade name
3 weeks ago

Burger King Trademark Infringement: Bombay HC temporarily restrains Pune eatery from using trade name

The Hindu  

The Bombay High Court on Monday passed an interim order restraining a Pune-based eatery from using the brand name ‘Burger King’ until a trademark infringement plea by American fast food giant Burger King Corporation is heard and disposed of. Earlier, in August 2024, Pune district judge Sunil Gangadharrao Vedpathak dismissed the 2011 lawsuit filed by Burger King Corporation against the …

HC restrains Pune eatery from using name ‘Burger King’
Trending News
3 weeks ago

HC restrains Pune eatery from using name ‘Burger King’

Hindustan Times  

MUMBAI: The Bombay high court on Monday stayed a Pune court’s decision dismissing a trademark infringement suit filed by the US-based fast-food giant, Burger King Corporation, and temporarily restrained a local Pune eatery from using the name “Burger King.” HC restrains Pune eatery from using name ‘Burger King’ Burger King Corporation, headquartered in Florida, USA, alleged trademark infringement by Anahita …

Trademark case: Pune eatery barred from using ‘Burger King’ name; Bombay HC to review evidence
3 weeks, 1 day ago

Trademark case: Pune eatery barred from using ‘Burger King’ name; Bombay HC to review evidence

Live Mint  

US-based fast food chain Burger King heaved a sigh of relief after the Bombay High Court, on Monday, restrained a Pune-based eatery from using the name ‘Burger King’. The top court, according to news agency PTI, also stated that it would serve as the “last fact-finding court” and would review all the evidence presented by the US chain, announcing an …

Burger King files trademark infringement lawsuit against Jaipur company
3 months, 3 weeks ago

Burger King files trademark infringement lawsuit against Jaipur company

Live Mint  

New Delhi: US fast-food giant Burger King LLC on Friday moved the Delhi high court against a Jaipur-based entity, Burger Farm, alleging trademark infringement. The American fast-food chain also stated that there is overwhelming evidence of customer confusion, including social media comments where users labeled Burger Farm as a "cheap copy" of Burger King. In December 2023, the Delhi high …

Burger King loses 13-year legal battle against Indian restaurant
4 months ago

Burger King loses 13-year legal battle against Indian restaurant

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy American fast food chain Burger …

Pune’s Burger King wins decade-old trademark battle against global giant
4 months ago

Pune’s Burger King wins decade-old trademark battle against global giant

The Hindu  

After a 13-year legal battle, U.S.-based global fast food giant Burger King Corporation has lost its case against a namesake eatery in Maharashtra’s Pune, with a commercial court in the district dismissing the company’s trademark infringement lawsuit. District judge Sunil Vedpathak, in an August 16 order, said the city-based ‘Burger King’ eatery was operational before the U.S. company entered the …

Pune restaurant wins 13-year trademark battle against Burger King
4 months ago

Pune restaurant wins 13-year trademark battle against Burger King

Live Mint  

A commercial court in Pune has rejected an attempt by American fast-food giant Burger King Corporation to prevent a restaurant in Pune from using the ‘Burger King’ trademark. In his ruling, judge Vedpathak said the Pune-based Burger King had been using the name and trademark since well before the American corporation registered its trademark in India in 1989. In December …

Burger King to open more than 60 new UK restaurants
1 year, 2 months ago

Burger King to open more than 60 new UK restaurants

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Burger King has revealed plans …

From Burger King India to Indian Bank: Stocks in Focus Today
4 years ago

From Burger King India to Indian Bank: Stocks in Focus Today

News 18  

The 30-share BSE index on Monday rose 154.45 points to reach 46,253.46, while the NSE Nifty increased 44.30 points to close at 13,558.15. Burger King India: Basant Maheshwari Wealth Advisers and Valiant Mauritius Partners Offshore has bought 1.29 per cent equity stake in Burger King India. Bank of Maharashtra: State-run Bank of Maharashtra yesterday garnered over Rs 200 crore through …

Burger King IPO allotment status: Know how to check
4 years ago

Burger King IPO allotment status: Know how to check

Hindustan Times  

Burger King’s India will announce the status of the allotment of its initial public offer on Wednesday. Investors can visit the website of Link Intime India to check their allocation status. Link Intime India is the Sebi-recorded registrar of Burger King IPO that is responsible to digitally administer share allocation and refund. Investors can also check the allotment status through …

Burger King share sale sees robust response
4 years ago

Burger King share sale sees robust response

Live Mint  

Burger King India Ltd recorded the second-most successful initial public offering of 2020 as investors subscribed to more than 157 times the number of shares on offer in a buoyant stock market. The quick service restaurant chain’s IPO performance almost matched state-run Mazagon Dock Shipbuilders’ share sale in October which was subscribed more than 157.41 times. Burger King’s ₹810 crore …

Burger King India IPO subscribed over 150 times
4 years ago

Burger King India IPO subscribed over 150 times

Live Mint  

Burger King India's initial public offer was subscribed a whopping 156.65 times as of 5 pm on the final day of subscription. The company's initial public offer received bids for 11,66,93,73,500 shares against the total offer size of 7,44,91,524 shares, as per data available with the NSE. The initial public offer will see the Indian subsidiary of the US-based Burger …

Burger King India IPO subscription status: Retail portion sees heavy demand
4 years ago

Burger King India IPO subscription status: Retail portion sees heavy demand

Live Mint  

The IPO of Burger King India was subscribed 9.38 times at the end of second day of subscription. 60, Burger King is available at 29x FY20 EV/EBITDA & 3.6x FY20 EV/Sales which seems attractive considering its robust growth in store additions and future revenue, recommend “Subscribe” with a long-term perspective," Geojit said in a note. Ahead of the IPO, Burger …

Everstone’s healthy returns may be luring retail investors to Burger King’s IPO
4 years ago

Everstone’s healthy returns may be luring retail investors to Burger King’s IPO

Live Mint  

Mumbai: Private equity firm Everstone Capital and its co-investors, which own the quick service restaurant chain Burger King India have generated double digit returns from their investment in the company, Mint analysis shows. At the IPO valuation, the investors have seen their investment in Burger King India grow at an internal rate of return of 28% in rupee terms, Mint …

Burger King India IPO subscribed 9.38 times on second day of subscription
4 years ago

Burger King India IPO subscribed 9.38 times on second day of subscription

India TV News  

Burger King India's initial public offer was subscribed 9.38 times on the second day of subscription on Thursday. The company's initial public offer received bids for 69,86,61,250 shares against the total offer size of 7,44,91,524 shares, as per data available with the NSE. The portion meant for qualified institutional buyers was subscribed 2.70 times, non institutional investors 3.61 times and …

Burger King’s IPO fully subscribed on first day on strong retail interest
4 years ago

Burger King’s IPO fully subscribed on first day on strong retail interest

Live Mint  

Mumbai: The initial public offer of quick service restaurant chain, Burger King India Ltd was fully subscribed till noon on the first day of bidding on Wednesday. Fidelity Funds - India Focus Fund is the biggest investor as it is allocated 8.23% of the anchor investment portion followed by Eastspring Investments India Consumer Equity Open Ltd and Government of Singapore …

Burger King IPO: Fast food chain raises ₹364.5 cr from anchor investors
4 years ago

Burger King IPO: Fast food chain raises ₹364.5 cr from anchor investors

Live Mint  

MUMBAI: Quick service restaurant chain, Burger King India Ltd raised ₹364.5 crore from a clutch of institutional investors ahead of the opening of its initial public offer for subscription today. Fidelity Funds-India Focus Fund is the biggest investor as it was allocated 8.23% of the anchor investment portion followed by Eastspring Investments India Consumer Equity Open Ltd and the Government …

Burger King India IPO opens today: Price band, subscription - all you need to know
4 years ago

Burger King India IPO opens today: Price band, subscription - all you need to know

India TV News  

US-based quick service restaurant chain Burger King's Indian arm will hit the capital markets on Wednesday as part of its plans to raise Rs 810 crore to fund expansion and pare debt. The promoter entity of the chain, QSR Asia Pte Ltd will sell up to 6 crore shares, aggregating to Rs 360 crore at the upper end of the …

Burger King IPO: Analysts recommend subscribe
4 years ago

Burger King IPO: Analysts recommend subscribe

Live Mint  

The IPO of Burger King India, fast growing international QSR chain in India will open for subscription today, on December 2. ICICI Securities has given a subscribe rating to the issue citing that Burger King India is benefiting from reduced competition from unorganised smaller local restaurants due to Covid related disruptions and expansion of food delivery businesses, the company is …

Burger King IPO a top buy on attractive valuations, say analysts
4 years ago

Burger King IPO a top buy on attractive valuations, say analysts

Live Mint  

MUMBAI: The initial public offering of Burger King India Ltd is set to open for subscription on Wednesday and analysts find the issue attractive. Despite the strict lockdown hitting restaurant sectors across the world, analysts feel that the growth prospect of Burger King India Ltd is strong. Besides, Burger King India’s flexibility in tailoring menu to Indian tastes, promotions and …

Burger King IPO almost fully subscribed in just two hours
4 years ago

Burger King IPO almost fully subscribed in just two hours

Live Mint  

The IPO of quick service restaurant chain Burger King opened today and was 1.5 times subscribed by 12:30 pm today. Here are 10 things to know about Burger King IPO: 1) Lot size: Bids can be made for a minimum of 250 equity shares and in multiples of 250 equity shares thereafter. 2) Burger King IPO comprises a fresh issue …

Burger King issue looks attractive: Angel Broking
4 years ago

Burger King issue looks attractive: Angel Broking

Live Mint  

Burger King India, the Quick Service Restaurant, on Friday set a price band of ₹59-60 per share for its ₹810 crore initial public offering. Purpose of the issue is to finance the roll-out of new company-owned Burger King Restaurant and to meet the general corporate purposes. Burger King won't get such a premium valuation as Jubilant Foodworks as it does …

Burger King IPO to open on Dec 2; price band fixed at Rs 59-60 per share
4 years ago

Burger King IPO to open on Dec 2; price band fixed at Rs 59-60 per share

India TV News  

Quick service restaurant chain Burger King will hit the capital markets on December 2, and the price band of the initial public offering has been fixed at Rs 59-60 per share. The proposed IPO will see the Indian subsidiary of the US-based Burger King raise Rs 810 crore, comprising a fresh issue of shares amounting to Rs 450 crore, the …

Burger King is all set for ₹810 cr IPO
4 years ago

Burger King is all set for ₹810 cr IPO

Live Mint  

Quick service restaurant chain Burger King India Ltd on Friday set a price band of ₹59-60 per share for its ₹810 crore initial public offering opening on 2 December. The company will sell new shares worth ₹450 crore to the public, while promoter entity QSR Asia Pte Ltd, owned by private equity firm Everstone Group and its limited partners, will …

Burger King files for IPO, plans to raise Rs 541.9 cr
4 years, 2 months ago

Burger King files for IPO, plans to raise Rs 541.9 cr

India TV News  

Quick service restaurant major Burger King India has filed a draft prospectus for an initial public offering. The addendum to the draft red herring prospectus said that the company has undertaken and may further undertake a pre-IPO placement of shares worth up Rs 150 crore, at its discretion, prior to filing of the Red Herring Prospectus with the RoC. "In …

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