Through the IPO, Burger King has raised Rs 450 crore, which will be used to rollout new outlets and retire debt.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Amazon has also signed a term sheet with Kishore Biyani-led Future group to invest $600 million to $700 million for a 12 to 15 per cent stake in the retail giant, it is learnt.