IPO Alert: Devyani International Limited

Devyani International Limited was incorporated in 1991, and is the largest franchisee of Yum Brands in India, which operates famous brands, such as KFC, Pizza Hut and Taco Bell. Devyani International is also a franchisee for the Costa Coffee brand, with presence in 166 cities in India.

Bid/Offer Opens OnWednesday, 04-Aug-21
Bid/Offer Closes OnFriday, 06-Aug-21
Price BandRs. 86 - Rs. 90 per equity share
Lot Size165 Shares

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The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment11-Aug-21
Initiation of Refunds12-Aug-21
Credit of Shares to Demat Acct13-Aug-21
IPO Shares Listing Date16-Aug-21
UPI mandate expiry date23-Aug-21

How to Check Allotment Status

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

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