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.
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
| Particulars | For the year/period ended (₹ in million) | |||
|---|---|---|---|---|
| 30-Sep-19 | 31-Mar-19 | 31-Mar-18 | 31-Mar-17 | |
| Total Assets | 8,597.32 | 8,190.85 | 7,231.60 | 5,288.23 |
| Total Revenue | 4,242.50 | 7,425.41 | 5,904.48 | 4,985.81 |
| 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 Details – Tentative
| IPO Opening Date | 24 MAR, 2021 |
| IPO Closing Date | 26 MAR, 2021 |
| Issue Type | Book Built Issue IPO |
| Issue Size | ₹ 1200 Cr. |
| 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 |
| Total Share Issue | 98,22,947 Equity Shares |
Barbeque Nation IPO – Tentative Schedule
| IPO Open Date | 24 MAR, 2021 |
| IPO Close Date | 26 MAR, 2021 |
| Finalization of Basis of Allotment | 31 MAR, 2021 |
| Initiation of Refunds | 01 APR, 2021 |
| Credit of Shares to Demat Account | 02 APR, 2021 |
| IPO Listing Date | 03 APR, 2021 |
Barbeque Nation IPO Lots Size & Price(Tentative)
| Application | Lots | Shares | Amount ( Cut-Off) |
| Minimum | 1 | 30 | 15,000 |
| Maximum | 13 | 390 | 1,95,000 |
Barbeque Nation IPO: How To Apply
Promoters play a very important role in raising much-needed business revenue.
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 Website: http://www.barbequenation.com/ |
