Burger King India files IPO papers, plans to raise ₹542 cr via fresh issue of shares

Burger King India Ltd has filed its draft prospectus for an IPO with Securities and Exchange Board of India. The IPO is a combination of fresh issue and an offer for sale, where it looks to raise ₹542 crore as fresh capital. Its promoter QSR Asia Pte will partially exit via an offer for sale of 6 crore equity shares.