Revenue from operations was up 71.51 per cent to Rs 279.89 crore during the quarter under review as against Rs 163.19 crore in the correspo...

While the company did not specify where the funds are intended to be used, Burger King India Ltd has been on a footprint expansion.

The quck-service restaurant company reported a 154 per cent year-on-year (YoY) rise in revenues to Rs. 245.4 crore in the September quarter.

The company’s sales in the quarter surged 289 per cent year-on-year to Rs. 149.7 crore aided by a depressed base of the year-ago quarter.

The quantum of selling by anchor investors in Burger King IPO does not help the long-term investment case for the company.

At 9:31 am, Burger King shares were up 0.03 per cent at Rs 161.50, while Sensex was down 0.40 per cent at Rs 46,771.30 points.

Burger King shares hit its 10 per cent circuit limit to a high of Rs 219.15.

Kalra said since the float is insufficient and everybody from institutional investors to speculators wants to chase the Burger King stock, ...

Keshav Lahoti of Angel Broking said short-term investors in Burger King can book profit.

Burger King's Rs 810 crore IPO, which ran from December 2 to December 4, was subscribed 156 times.

Big Bazaar is planning to open 16 more stores to take the overall count to 300 over the next three quarters, a company official has said.

Burger King attracted a huge premium in the grey market as the demand for the IPO had been robust across the board.

Grey market dealers say Burger King shares are currently commanding a premium of Rs 43-45.

Burger King was the fourth mainboard IPO this year, which saw over 100 per cent subscription levels.

The grey market premium of Burger King IPO rose to Rs 32-33 on Thursday.

The company intends to use the proceeds on rolling out of new company-owned Burger King restaurants and repayment or prepayment of outstand...

Burger King's management expects 70 per cent growth from existing markets and 30 per cent growth from new markets.