The shares of Quick restaurant chain Burger King India were listed up 92.25 percent on the day of listing on 14 December. Burger King listings have been better than expected. The company’s IPO was met with overwhelming response from investors. Its IPO was subscribed 156.65 times.
Burger King shares opened at Rs 115.35 on BSE on Monday 14 December. While the issue price was 60 rupees. Burger King shares listed at Rs 112.50 at an 87.33 per cent premium on the NSE.
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Burger King shares were trading up 87.50 percent at Rs 112.40 on the BSE at 10.03 am.
Analysts were expecting Burger King’s shares to be listed up 70-75 per cent, but this was better than expected by 87.50 per cent.
