Pizza Hut operator Devyani International files for $191m IPO

Pizza Hut operator Devyani International files for $191m IPO

Photo by Brenna Huff on Unsplash

Food and beverages major Devyani International Ltd (DIL), the largest franchisee of Pizza Hut, KFC, and Costa Coffee filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) to raise nearly ₹1,400 crore through an initial public offering (IPO).

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