Burger King shares listed at 92% premium price

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Mumbai. Today the shares of Burger King are listed with a premium rate of 92%. Burger King has a share price of Rs 115.35 per share on the Bombay Stock Exchange (BSE) and Rs 112.50 on the National Stock Exchange (NSE). It is listed at 92.25 percent on BSE and 87.5 percent premium rates on NSE. The Burger King IPO worth Rs 810 crore has received tremendous response from investors.

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The subscription for this IPO opened to investors on December 2 at Rs 59-60 per share. The result of tremendous response from the investors was that it has been subscribed 156 times. Even initial shares within a few hours of subscription opening on 2 December

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Burger King to be 100 times subscribed fourth IPO of this year
Shares fixed for qualified investors (QIBs) were subscribed 86.64 times. Similarly, non-institutional investors subscribed 354.11 times and retail investors 68.15 times.

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This is the fourth IPO to be subscribed more than 100 times this year. Earlier Mazagon Dock Shipbuilders were subscribed 157.41 times, Happiest Minds 156.65 times and Chemcon Specialty 149.3 times.

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