Devyani International IPO - Strengths, Key Strategies, Risks: Anand Rathi

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. .Anand Rathi's IPO Report.Devyani international Ltd. are the largest franchisee of Yum Brands in India and are among the largest operators of chain quick service restaurants in India, on a non-exclusive basis, and operate 655 stores across 155 cities in India, as of March 31, 2021. Yum Brands Inc. operates brands such as KFC, Pizza Hut and Taco Bell brands and has presence globally with more than 50,000 restaurants in over 150 countries, as of December 31, 2020. In addition, they are a franchisee for the Costa Coffee brand and stores in India.Increasing internet and mobile penetration within India and the advent of food delivery apps are key factors to lead consumers away from traditional dine-in experiences and towards convenience-driven options. Devyani International are among the single largest QSR companies in India that is listed on the Swiggy platform, and were among the largest QSR companies in India listed on the Zomato platform in the calendar years 2019 and 2020. .Click on the attachment to read the full IPO report: .DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Devyani International IPO - Strengths, Key Strategies, Risks: Anand Rathi

Devyani International IPO - Strengths, Key Strategies, Risks: Anand Rathi

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