Burger King IPO review by Team IPO Guide
Burger King India Limited is one of the fastest growing international QSR chains in India. As at September 30, 2020, they had 261 restaurants, including eight Sub-Franchised BurgerKing Restaurants, across 17 states and union territories and 57 cities across India.
As per financials, sales are improving, RoNW is (23.78)% for last three fiscals and company has posted losses on consistent basis. The QSR industry is growing at good rate, but current situation is not good for the sector and next some time will also remain very challenging. Burger King is well known international brand. So we give "SUBSCRIBE FOR LISTING GAIN" for this IPO and for risk taking investors only.
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