Jubilant Foodworks Ltd IPO : Hot Pizza

by khalid on 12/01/2010 · 0 comments

Jubilant Foodworks Ltd is a food-service company and currently operates Domino’s pizza stores in India. According to the India Retail Report, 2009, they are the largest pizza chain in India and one of the fastest growing multi-national fast food chains between 2006-2007 and 2008-2009, in terms of number of stores. The company is going to enter the capital market on 18th January 2010. with an Initial Public Offering (IPO) of 22670447 equity shares of Rs 10 each. The issue will be a 100 per cent book-building IPO. The issue will be open for subscription between 18th Jan 2010 to 20th Jan 2010.

The object of the Issue is to achieve the benefits of listing on the Stock Exchanges and the proceeds of the IPO would be used for prepayment of loans and general corporate purposes.

The IPO will be listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

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