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Burger King India makes remarkable market debut; Shares jump over 92%

Shortpedia

Content Team
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Shares of Burger King India zoomed over 92 per cent in its debut trade against its issue price of Rs 60. The stock opened at Rs 115.35, a huge premium of 92.25 per cent against the issue price on the BSE. Burger King India's share sale was subscribed a massive 156.65 times earlier this month. Price range for the Rs 810-crore initial public offering (IPO) was fixed at Rs 59-60 per share.