Nirmal Bang: Burger King IPO - Analyst Meet Takeaway
Customers exit a Burger King restaurant, operated by Burger King Worldwide Inc. and the Everstone Group, in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)

Nirmal Bang: Burger King IPO - Analyst Meet Takeaway

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Nirmal Bang Report

We recently attended the virtual brokers/analyst meet for Burger King India Ltd. forthcoming initial public offering.

Following are the key takeaways -

Burger King brand, also known as the ‘Home of the Whopper’, was founded in 1954 in the U.S. and is owned by Burger King Corporation, a subsidiary of restaurant brands International Inc.

The Burger King brand is the second largest fast-food burger brand globally as measured by the total number of restaurants, with a global network of 18,675 restaurants as at September 30, 2020.

Presently it has 268 restaurants in 57 cities across the country.

Click on the attachment to read the full report:

Nirmal Bang QSR Sector- Burger King IPO Update- 1 December 2020.pdf

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