<p>The Indian arm of fast-food chain Burger King has filed for an initial public offering (IPO) to raise up to 4 billion rupees ($56.58 million) via the issue of new shares, according to a draft prospectus seen by Reuters.</p>.<p>Private equity firm Everstone Capital, which operates Burger King India, is considering a private placement of shares worth 1.5 billion rupees ahead of the IPO, according to the draft red herring prospectus https://bit.ly/34o0JAw.</p>.<p>Kotak Mahindra Capital, CLSA India, Edelweiss Financial Services and JM Financial are lead managers of the IPO.</p>.<p>($1 = 70.7000 Indian rupees)</p>
<p>The Indian arm of fast-food chain Burger King has filed for an initial public offering (IPO) to raise up to 4 billion rupees ($56.58 million) via the issue of new shares, according to a draft prospectus seen by Reuters.</p>.<p>Private equity firm Everstone Capital, which operates Burger King India, is considering a private placement of shares worth 1.5 billion rupees ahead of the IPO, according to the draft red herring prospectus https://bit.ly/34o0JAw.</p>.<p>Kotak Mahindra Capital, CLSA India, Edelweiss Financial Services and JM Financial are lead managers of the IPO.</p>.<p>($1 = 70.7000 Indian rupees)</p>