IPO Issue Details
Issue Price / Price Band₹500 per share (Fixed Price)
Face Value₹5 Per Share
Lot Size30 Shares per Lot
Total Issue Size90,57,470 shares (aggregating up to ₹452.87 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenWed, 24 Mar 2021
Subscription CloseFri, 26 Mar 2021
Anchor AllotmentTue, 23 Mar 2021
Basis of AllotmentThu, 01 Apr 2021
Initiation of RefundsMon, 05 Apr 2021
Credit of Shares to DematTue, 06 Apr 2021
Listing DateWed, 07 Apr 2021
UPI Mandate Deadline2021-03-26
Application & Investment Details
Retail — Min (1 Lots)₹15,000 — 30 shares
Retail — Max (13 Lots)₹195,000 (13 Lots)
HNI — Min (14 Lots)₹2,10,000 — 420 shares
Pre-IPO Promoter Holding3,39,42,920 shares
Post-IPO Promoter Holding3,75,42,920 shares
Fresh Issue Shares36,00,000 shares (aggregating up to ₹180.00 Cr)
Offer for Sale Shares54,57,470 shares of ₹5 (aggregating up to ₹272.87 Cr)
About Barbeque-Nation Hospitality Ltd.
Incorporated in 2006, Barbeque Nation Restaurants is one of the leading casual dining restaurant chains in India. It offers the best quality of food offerings, ambiance, and services to customers. It also owns and operates Toscano Restaurants and UBQ by Barbeque Nation that caters to the delivery segment.The first Barbeque Nation Restaurant was established in 2008 and as of November 30, 2019, the network has been steadily grown to 138 Barbeque Nation Restaurants in 73 cities in India and 7 International Barbeque Nation Restaurants in 3 countries outside India. The company has recently diversified into another brand "Red Apple" which operates 10 Italian restaurants in 2 cities of India i.e. Bengaluru and Chennai.Competitive strengthsOne of India's fastest-growing restaurant brands.Diversified offerings for both vegetarian and non-vegetarians.Experienced promoters and managers team.Healthy financial position with a proven track record of revenue growth.
Objects of the Issue
Barbeque-Nation Hospitality Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Capital expenditure for expansion and opening of new restaurants by the Company
54.62
2
2 Prepayment or repayment of all or a portion of certain outstanding borrowings obtained by our Company on a consolidated basis
75.00
3
3 General corporate purposes
38.32
Shareholding & Lock-in
Pre-IPO Promoter Holding
3,39,42,920 shares
Post-IPO Promoter Holding
3,75,42,920 shares
Lock-in Period (30%)May 1, 2021
Lock-in Period (50%)June 30, 2021