With an over-subscription of 157 times, Burger King India Initial Public Offering (IPO) became the second-most subscribed offer in the calendar year 2020. The shares are expected to get listed on December 14

Investors can check on their allotment status on the website of Link Intime India, which is the registrar of the IPO, or on the Bombay Stock Exchange. Burger King India IPO was a heavily subscribed issue that closed on Friday last and received bids by 156.65 times. The IPO was priced at Rs 59-60, making it an attractive public issue and investor interest also reveals the potential of the India consumption story.

The shares of Burger King are likely to get listed on the stock exchanges ? BSE and NSE on December 14, according to the brokerage houses. An applicant tracking BSE website (link here) can check on the "Equity" box and select his/her "Issue Name" in the dropdown menu (UTI AMC). After that, the person needs to type his/her "Application Number" in the box, "Permanent Account Number (PAN No.)" and click on the "Search" button.

Analysts believe that the changing food habits of Indian consumers and the unorganized segment taking a hit due to COVID-19 is likely to boost the business prospects of quick-service restaurant chain - Burger King India as it looks to expand within the country.

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Burger King Retail Portion Subscribed 13 Times