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In October 2020, Burger King India Ltd. filed its draft prospectus for an initial public offering (IPO) with SEBI. The IPO, a combination of fresh issue and offer for sale, looks to raise how many rupees (in crores) as fresh capital?

In October 2020, Burger King India Ltd. filed its draft prospectus for an initial public offering (IPO) with SEBI. The IPO, a combination of fresh issue and offer for sale, looks to raise how many rupees (in crores) as fresh capital? Correct Answer 542

The correct answer is 542.

  • Burger King India Ltd., one of the fastest-growing, quick-service restaurant chains in the country filed its draft prospectus for an initial public offering (IPO) with markets regulator, Securities and Exchange Board of India.
  • The IPO, a combination of fresh issue and offer for sale, looks to raise ₹542 crores as fresh capital.
  • The company plans to have about 700 franchise, sub-franchise.

Related Questions

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