Incorporated in 2006, Barbeque Nation Restaurants is, without doubt, one of the main casual eating restaurant chains in India. It offers the best quality of meal choices, ambiance, and services to customers. It additionally owns and operates Toscano Restaurants and UBQ by Barbeque Nation that caters to the delivery section.
The first Barbeque Nation Restaurant was established in 2008 and as of November 30, 2019, the community has been steadily grown to 138 Barbeque Nation Restaurants in 73 cities in India and seven International Barbeque Nation Restaurants in three international locations outside India. The firm has just lately diversified into one other model “Red Apple” which operates 10 Italian eating places in 2 cities of India i.e. Bengaluru and Chennai.
Competitive strengths
- One of India’s fastest-growing restaurant brands.
- Diversified choices for each vegetarian and non-vegetarians.
- Experienced promoters and managers staff.
- Healthy financial place with a confirmed monitor record of income growth.
Company Promoters:
Sayaji Hotels Limited, Sayaji Housekeeping Services Limited, Kayum Dhanani, Raoof Dhanani, and Suchitra Dhanani are the corporate promoters.
Company Financials:
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 30-Nov-20 | 31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
| Total Assets | 9,085.85 | 9,554.58 | 8,190.85 | 7,231.60 |
| Total Revenue | 2,366.08 | 8,507.94 | 7,425.41 | 5,904.48 |
| Profit After Tax | (1,006.48) | (329.28) | (383.86) | (58.00) |
Quick Note: Looking for the most effective Demat and Trading account to start out your investing journey? Click here to open your account with the No 1 Stockbroker in India
Objects of the Issue:
- To make prepayment/compensation of all or part of the corporate’s excellent borrowings availed on a consolidated basis.
- To meet basic company functions.
Barbeque Nation IPO Details
| IPO Opening Date | Mar 24, 2021 |
| IPO Closing Date | Mar 26, 2021 |
| Issue Type | Book Built Issue IPO |
| Face Value | ₹5 per equity share |
| IPO Price | ₹498 to ₹500 per equity share |
| Market Lot | 30 Shares |
| Min Order Quantity | 30 Shares |
| Listing At | BSE, NSE |
| Issue Size | [.] Eq Shares of ₹5 (aggregating as much as ₹452.87 Cr) |
| Fresh Issue | [.] Eq Shares of ₹5 (aggregating as much as ₹180.00 Cr) |
| Offer for Sale | 5,457,470 Eq Shares of ₹5 (aggregating as much as ₹272.87 Cr) |
Barbeque Nation IPO Tentative Timetable
The Barbeque Nation IPO open date is Mar 24, 2021, and the shut date is Mar 26, 2021. The issue could list on Apr 7, 2021.
| IPO Open Date | Mar 24, 2021 |
| IPO Close Date | Mar 26, 2021 |
| Basis of Allotment Date | Apr 1, 2021 |
| Initiation of Refunds | Apr 5, 2021 |
| Credit of Shares to Demat Account | Apr 6, 2021 |
| IPO Listing Date | Apr 7, 2021 |
Barbeque Nation IPO Lot Size
The Barbeque Nation IPO market lot size is 30 shares. A retail-individual investor can apply for as much as 13 lots (390 shares or ₹195,000).
| Application | Lots | Shares | Amount (Cut-off) |
|---|---|---|---|
| Minimum | 1 | 30 | ₹15,000 |
| Maximum | 13 | 390 | ₹195,000 |
Barbeque Nation IPO Promoter Holding
| Pre Issue Share Holding | 60.21% |
| Post Issue Share Holding |
Barbeque Nation IPO Prospectus
Company Contact Information
Barbeque Nation Hospitality Limited
Sy. No. 62, Site No.13, sixth Cross, N.S. Palya,
BTM Layout, Bengaluru – 560 076
Phone: +91 80 4511 3000
Email: compliance@barbequenation.com
Website: http://www.barbequenation.com/
Also Read – Top Stock Market Traders in India 2021
Barbeque Nation IPO Registrar
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: bnhl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in
Barbeque Nation IPO Lead Manager(s)
- Ambit Private Limited
- Axis Capital Limited
- IIFL Holdings Limited
- SBI Capital Markets Limited
We Support Book Reading.
Buy and Read Bestseller Books. Here
Barbeque Nation IPO FAQs
- What is Barbeque Nation IPO?
Barbeque Nation IPO is a main-board IPO of [.] equity shares of the face worth of ₹5 aggregating as much as ₹452.87 Crores. The issue is priced at ₹498 to ₹500 per equity share. The minimum order amount is 30 Shares. The IPO opens on Mar 24, 2021, and closes on Mar 26, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are set to be listed on BSE, NSE.
- How to apply for an IPO through Zerodha?
Zerodha clients can apply on-line in Barbeque Nation IPO using UPI as a payment gateway. Zerodha clients can apply in Barbeque Nation IPO by login into Zerodha Console (back office) and submitting an IPO utility form. Steps to apply in Barbeque Nation IPO by Zerodha- Visit the Zerodha website and login to Console.
- Go to Portfolio and click on the IPOs hyperlink.
- Go to the ‘Barbeque Nation IPO’ row and click on the ‘Bid’ button.
- Enter your UPI ID, Quantity, and Price.
- ‘Submit’ IPO utility kind.
- Visit the UPI App (web banking or BHIM) to approve the mandate. Visit Zerodha IPO Application Process Review for extra elements.