Devyani International IPO: First Day Trading
If shares open at around INR 141.0 per share (based on the grey market premium), Devyani International would be valued at 14.2x FY21 revenue...
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Devyani IPO - Still Some Upside on Un-Adjusted EBITDA Basis
Devyani International Limited (DIL), Yum Brand’s largest franchisor in India, aims to raise around US$250m via its Indian IPO. The IPO will be a...
300 Views
Devyani Pre-IPO - Thoughts on Valuation
Devyani International Limited (DIL), Yum Brand’s largest franchisor in India, aims to raise around US$200m via its Indian IPO. The IPO will be a...
342 Views
COVID improves structural outlook, right-to-win strengthening
While Jubilant FoodWorks (JUBI)'s sales were broadly in line with our expectations, margins surprised positively. The management believes the QSR...
296 Views
Zomato IPO Trading - Ample Demand for Unique Exposure
Zomato (ZOM IN) raised US$1.3bn in its India IPO, making it the the largest listing in India from the technology sector.
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