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Burger King India IPO fully subscribed within hours of opening
short by Rishabh Bhatnagar / on Thursday, 3 December, 2020
The initial public offering (IPO) of Burger King India got fully subscribed within hours and oversubscribed by 3.13 times by the end of day's bidding. The IPO received bids for 233.20 million shares against 74.49 million shares on offer. With a share price band of ₹59-60, the three-day stake sale ends on December 4.