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Devyani IPO 6 Point Highlights

Devyani IPO 6 Point Highlights

Published on 06 August 2021 .Views 84 .Comments 0
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  • Devyani International Limited (DIL) was incorporated on December 13, 1991 as “Universal Ice Creams Private Limited” at New Delhi. Ravi Kant Jaipuria, Varun Jaipuria, and RJ Corp Limited are the promoters of the company.
  • Largest Franchisee of Yum Brands in India and are among the largest operators of chain quick service restaurants (QSR) in India. Yum! Brands Inc. operates brands such as KFC, Pizza Hut, and Taco Bell Brands. Also, Devyani International is a franchisee for the Costa Coffee brand and stores in India.
  • Operates 696 Stores across 166 Cities in India as of June 30, 2021. The Company operates 284 KFC Stores, 317 Pizza Hut Stores, and 44 Costa Coffee Stores.
  • Business is broadly classified into 3 categories:
  • KFC, Pizza Hut, and Costa Coffee operated in India as “Core Brands Business”.
  • Stores Operated Outside India primarily comprising KFC & Pizza Hut stores operated in Nepal & Nigeria as “International Business”.
  • Other Certain Operations in the F&B Industry, including stores of own brands such as Vaango and Food Street as “Other Business”.
  • As of March 31, 2021, DIL has an employee base of 9,356 employees, of which 8,833 employees were in India, and 523 outside India
Please find attached detailed Highlights.
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