Incorporated in 2006, Barbeque Nation Rest
aurants 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 strengths:
- One 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.
Company Promoters:
Sayaji Hotels Limited, Sayaji Housekeeping Services Limited, Kayum Dhanani, Raoof Dhanani, and Suchitra Dhanani are the company promoters.
Company Financials:
Summary of financial Information (Restated Consolidated)
| 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) |
Objects of the Issue:
- To make prepayment/repayment of all or a part of the company’s outstanding borrowings availed on a consolidated basis.
- To meet general corporate purposes.
Barbeque Nation IPO Dates & Price Band:
| IPO Open: |
24 March 2021
|
| IPO Close: |
26 March 2021
|
| IPO Size: |
Approx ₹452.87 Crores (Approx) |
| Face Value: |
₹5 Per Eqity Share |
| Price Band: |
₹498 – ₹500 Per Share |
| Listing on: |
BSE & NSE |
| Retail Portion: |
10% |
| Equity: |
90,57,470 Shares |
Barbeque Nation IPO Market Lot:
| Minimum Lot Size: |
Apply for 30 Shares |
| Minimum Amount: |
₹15,000 |
| Maximum Lot Size: |
Apply for 390 Shares |
| Maximum Amount: |
₹1,95,000 |
Barbeque Nation IPO Allotment & Listing:
| Basis of Allotment: |
1 April 2021
|
| Refunds: |
5 April 2021 |
| Credit to Demat Account: |
6 April 2021 |
| Listing Date: |
7 April 2021 |
