Issue Price
₹10
Per Share
GMP
NIL
Grey Market
Est. Listing
₹10
Expected Price
Min. Application
₹200,000
2 lots × 10000 shares
Vidli Restaurant Ltd. (VRL) is a "Kamats" group company running chains of restaurants serving hygienic standardize food items in a quick serve format at various outlets on national highways, state highways and cities. The group is known for its brands "Vithal Kamat" and' Kamats'. The company has entered into Master Franchisee agreement in last August with MNM group for a period of 5 years wherein the said group would have exclusive rights to give franchisee in Gujarat region.The Company started its operations in November 2013. Since then, the company started expanding its restaurant chain and concentrated on standardising its products and services through centralised purchasing and training system. As on December 31, 2015 it had 39 restaurants in western and central territories on major highways.Company largely targets affordable segment of the market through our outlets. Presently, our operations are categorised into family dining, khaojao and kamat's cornermodel.
Vidli Restaurants Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 70,000 | — | ₹0.07 Cr | — |
| TOTAL | 1,310,000 | 100.00% | ₹1.31 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 10,000 | ₹100,000 |
| Retail (Max) | 13 | 130,000 | ₹1,300,000 |
| sNII (Min) | 14 | 140,000 | ₹1,400,000 |
| bNII (Min) | 68 | 680,000 | ₹6,800,000 |
| Particulars | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Revenue from Operations | N/A | N/A | N/A |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | N/A | N/A | N/A |
| Net Worth | N/A | N/A | N/A |
| Total Assets | N/A | N/A | N/A |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |