Devyani International Limited is the largest franchisee of Yum Brands in India and is among the largest operators of quick service restaurants chain in India and operates 655 stores across 155 cities in India, as of March 31, 2021.
Edelweiss Financial Services has successfully closed INR 18,380 mn (c.US$ 250mn) Initial Public Offering (IPO) for Devyani. The deal represents the largest QSR IPO in India with a stellar response across investor categories (116x subscribed).
Edelweiss Financial Services
Advised in the sale of
Devyani International Limited
to