Lenexis-Inspira consortium launches Rs 1,465-crore open offer for 26% of Burger King India operator at Rs 70/share
A consortium led by Lenexis Foodworks, Aayush Trust and Inspira Enterprise has mounted a Rs 1,465-crore open offer for 26% of Restaurant Brands Asia, seeking promoter-group control of the 513-restaurant Burger King India operator. The offer runs June 8-19 at Rs 70/share, against a backdrop of Q4 net loss of Rs 60.44 crore on revenue of Rs 632.55 crore and 5.1% SSSG.
What happened
Consortium led by Lenexis Foodworks, Aayush Trust and Inspira Enterprise launched a Rs 1,465-crore open offer for 26% of Restaurant Brands Asia (Burger King
Key facts
- Rs 1,465 crore
- 26% stake
- Rs 70 per share
- 513 restaurants
- 5.1% SSSG
- Q4 net loss Rs 60.44 crore
- revenue Rs 632.55 crore
Why this matters
A Rs 1,465-crore consortium-led promoter-group takeover of a listed QSR operator at modest 5.1% SSSG sets a benchmark for distressed-growth QSR control premiums and signals appetite for platform consolidation in Indian foodservice.