Jubilant Foodworks, running the fast food chain under the Dominos pizza brand ended the day with delicious gains registering 66% premium, to end at Rs229 as against its issue price of Rs145.
The price band of IPO, through which the company expects to raise up to Rs3.29bn, was fixed between Rs135 to Rs145 per equity. The issue closed on January 20.
The company had entered the capital market with an issue size of 2.26crore equity shares of Rs10 each. At the upper end of price band, the offer is valued worth Rs3.29bn.
The company had already roped in several anchor investors that includes Reliance MF, SBI MF, Blackrock, Canara Robeco MF and Fidelity for a total investment of Rs443mn under its pre-IPO placement.
The company earlier reported a surge in Oct-Dec net profit to Rs113.7mn, compared with Rs17.7m a year ago. Its total income grew to Rs1.17bnn from Rs780.3m for the quarter.
The firm also plans to open 65-70 new stores in the current fiscal, of which it has opened 55 as of Dec 31, 2009.