Barbeque Nation Hospitality Ltd IPO- March 24, 2021
Barbeque Nation was founded in 2006, It is currently own and operated in 138 outlets in India, 5 outlets in UAE, 1 outlet in Malaysia and 1 outlet in Oman.
It is one of the leading casual dining chains in India. It pioneered the concept of “over the table barbeque” live grills embedded in dining tables. At a fixed price it offers ‘all you can eat’ concept to its customers with variety of delicious food consistently served at their table. All this is offered at a value-oriented price in a pleasant and casual dining environment. 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. At present, UBQ by Barbeque Nation Restaurant predominantly caters to the delivery segment. It is backed by private equity investor CX Partners and renowned stock market investor Rakesh Jhunjhunwala's investment firm Alchemy Capital.
Points to note before investing in Barbeque Nation Hospitality Ltd IPO
One of India’s fastest growing and widely recognized brands in the rapidly growing CDR market
Strong business processes and back-end systems leading to efficient operations
Experienced promoters and managers team
Healthy financial position with a proven track record of revenue growth.
Barbeque Nation IPO Details
IPO Opening Date
| March 24, 2021
|
IPO Closing Date
| March 26, 2021
|
Issue Type
| Book Built Issue IPO
|
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
|
Allotment , Listing and Refunds details
IPO Open Date
| March 24, 2021
|
IPO Close Date
| March 26, 2021
|
Basis of Allotment Date
| April 1, 2021
|
Initiation of Refunds
| April 5, 2021
|
Credit of Shares to Demat Account
| April 6, 2021
|
IPO Listing Date
| April 7, 2021
|
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