Barbeque Nation Hospitality Limited IPO (Barbeque Nation IPO)

Barbeque Nation Hospitality Limited IPO
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The Barbeque Nation Company is one of the most unusual food chains and International Barbeque Nation Restaurants. It also has Toscano and UBQ restaurants by Barbeque Nation. The company has pioneered the concept of ‘over the barbecue’ in Indian restaurants. Live grills mounted on dining tables allow guests to roast their own barbecues.

The company launched its first Barbeque Nation Restaurant in 2008, and acquired five Barbeque Nation restaurants owned by SHL in 2012. Gradually it has grown its network operated and operated by Barbeque Nation Restaurant from a single restaurant in FY2008 to 147 Barbeque Nation Restaurants in India and 6 Barbeque Nation International Restaurants.

The company also operates 11 Italian restaurants, nine of which operate under the brand name “Toscano” and one under the brand name “La Terrace” and “Collage”, respectively.

The first Barbeque Nation Restaurant was established in 2008 and since November 30, 2019, the network has grown steadily into 138 Barbeque Nation restaurants in 73 cities in India and 7 International Barbeque Nation Restaurants in three countries outside India.

The company recently split into another “Red Apple” brand that operates 10 Italian restaurants in 2 Indian cities namely Bangalore and Chennai.

UBQ provides Indian cuisine in the price category, first by leading food delivery service providers.

Barbeque Nation IPO

Competitive strengths

  • One of the fastest growing restaurant brands in India.
  • Various offerings for vegetarians and non-vegetarians.
  • Experienced facilitators and management team.
  • A healthy financial situation with a proven track record of income growth.

Company Promoters

Sayaji Hotels Limited, Sayaji Housekeeping Services Limited, Kayum Dhanani, Raoof Dhanani, anduchitra Dhanani are the company’s promoters.

Company Financials

ParticularsFor the year/period ended (₹ in million)
30-Sep-1931-Mar-1931-Mar-1831-Mar-17
Total Assets8,597.328,190.857,231.605,288.23
Total Revenue4,242.507,425.415,904.484,985.81
Profit After Tax(93.64)(383.86)(58.00)39.56

Objects of the Issue

  • Making advance payment / repayment of all or part of the remaining company loans used in combination.
  • Meeting common cooperative goals.
Barbeque Nation IPO
Object Of The Issue

Barbeque Nation IPO Details – Tentative

IPO Opening Date24 MAR, 2021
IPO Closing Date26 MAR, 2021
Issue TypeBook Built Issue IPO
Issue Size₹ 1200 Cr.
Face Value₹5 per equity share
IPO Price[498] to [500] per equity share
Market Lot30 Shares
Min Order Quantity30 Shares
Listing AtBSE, NSE
Total Share Issue98,22,947 Equity Shares

Barbeque Nation IPO – Tentative Schedule

IPO Open Date24 MAR, 2021
IPO Close Date26 MAR, 2021
Finalization of Basis of Allotment31 MAR, 2021
Initiation of Refunds01 APR, 2021
Credit of Shares to Demat Account02 APR, 2021
IPO Listing Date03 APR, 2021

Barbeque Nation IPO Lots Size & Price(Tentative)

ApplicationLotsSharesAmount ( Cut-Off)
Minimum13015,000
Maximum133901,95,000

Barbeque Nation IPO: How To Apply

Promoters play a very important role in raising much-needed business revenue.

Barbeque Nation IPO
How To Apply For IPO

Apply For Barbeque Nation IPO Through ASBA

First, you should know what ASBA is. ASBA stands for Restricted Application Support. It is an application by the bank to apply for an IPO.

You apply with ASBA through the bank because initially, the bank covers the cost of purchasing the IPO. This amount is deducted from your account only after receiving IPO share shares in your Demat account.

All the major banks in the country are expanding the ASBA center. There are about 30 banks on the list, some of which are IDBI Bank Limited, Citi Bank, Punjab National Bank, etc.

The center may be expanded once they have been authorized to do so. These banks block the corresponding amount until the IPO allocation process is finalized.

Now, most of you are probably thinking about how to use the Barbeque Nation IPO with ASBA. The process can be completed online or offline for your convenience.

Apart from this, you can also bid for an Barbeque Nation IPO through your stockbroker’s online portal (such as Zerodha, Edelweiss, Motilal Oswal, etc.)

Company Contact Information

Barbeque Nation Hospitality Limited
Sy. No. 62, Site No.13, 6th Cross, N.S. Palya,
BTM Layout, Bengaluru – 560 076

Phone: +91 80 4511 3000
Email: compliance@barbequenation.com
Websitehttp://www.barbequenation.com/

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