Devyani International IPO: Here’s how to check the allotment status and more

• The IPO of Devyani International opened on August 4 and closed on August 6.
• Devyani International Limited is the largest franchisee of Yum brands in India.
• The IPO had received a good response from investors given it was subscribed 116.69 times on the last day of bidding.

The allotment status of the initial public offering (IPO) of Devyani International Limited, which ended on 6 August 2021 is to be finalised on August 11, 2021. The size of the IPO is ₹1400 crore.

The refund will be initiated on August 12 and the shares will be credited to the account on August 13. The price band of the shares was ₹86-90. The company will likely be listed on August 16, 2021.

An initial public offering is the sale of a company’s initial stock to the general public. To invest in an IPO, an individual should own a demat or trading account.

Devyani International is the largest franchisee for Costa coffee, KFC and Pizza Hut stores in India.

The IPO had received good response from investors given it was subscribed 116.69 times on the last day of the bidding.

There are two websites to check the Devyani International IPO allotment. One is through the BSE website and the other is through the Link Intime website.

How to check Devyani International IPO allotment at Linkintime?

• Log in to the Link Intime website.
• Select the IPO name (Devyani International IPO).
• Choose the option from Pan Number, Application Number or Demat Account number.
• Add the details as per your selection.
• Click on the search button to see the Devyani International IPO allotment.

How to check Devyani International IPO Allotment at BSE?

• Log in to the BSE website in the same way.
• Select the issue type as Equity and the IPO name as Devyani International Limited.
• After typing the application number and pan number, click on the search button to view the Devyani IPO allotment.

This can be done through your demat account by checking the credited shares in the account. Or it can be checked through the bank account from which you applied.




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