Devyani International Limited, had tapped the capital markets with its fresh issue for Rs 440 crs and an offer for sale of 15.53 cr shares in a price band of Rs 86-90. The issue was subscribed 116.71 times overall.

Earlier the company had completed allocation to anchor investors by allotting 9,16,52,499 shares to 35 anchor investors comprising of 63 entities. The company allotted an equal 37,14,480 shares or 4.05% of the anchor to 17 anchor investors.

The list of anchors includes FPI’s large marquee investors and mutual funds from across the world, betting on consumption rising in India going forward.

The QIB portion was subscribed 95.27 times, HNI portion was subscribed 213.06 times while Retail portion was subscribed 39.52 times. Employee portion was subscribed 4.70 times. There were 38.40 lac applications and on basis of applications, the retail issue was subscribed 31.11 times.

Full details of the subscrition are given below: –