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Everstone’s healthy returns may be luring retail investors to Burger King’s IPO

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Mumbai: Private equity firm Everstone Capital and its co-investors, which own the quick service restaurant chain Burger King India have generated double digit returns from their investment in the company, Mint analysis shows.Since setting up the company seven years ago, Everstone along with co-investors have pumped in almost ₹668.5 crore into the company, data from the company’s red herring prospectus shows.The IPO, priced at ₹60 per share at the upper end of the price band, values the company at ₹1,839.9 crore.

The IPO is priced at ₹59-60 apiece.At the IPO valuation, the investors have seen their investment in Burger King India grow at an internal rate of return of 28% in rupee terms, Mint analysis shows.Typically, private equity investors.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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