Restaurant Brands Asia raises Rs 1,500 cr from Lenexis via preferential allotment at Rs 70/share
Burger King India operator allotted 12.86 cr shares worth Rs 900 cr and 8.57 cr warrants worth Rs 600 cr to Lenexis Foodworks after a consortium open offer. Q4 net loss narrowed to Rs 60.44 cr on revenue of Rs 632.55 cr; SSSG at 5.1% across 513 restaurants.
What happened
Burger King India operator Restaurant Brands Asia allotted Rs 1,500 crore of shares and warrants at Rs 70 apiece to Lenexis Foodworks, following a consortium
Key facts
- Rs 1,500 crore
- 12.86 crore shares
- Rs 70/share
- Rs 900 crore
- 8.57 crore warrants
- Rs 600 crore
- Q4 net loss Rs 60.44 crore
- revenue Rs 632.55 crore
- SSSG 5.1%
- 513 restaurants
Why this matters
Lenexis-led consortium open offer plus equity-and-warrants structure reshapes the cap table and positions Burger King India for accelerated network expansion and potential bolt-on QSR consolidation.