Barbeque Nation IPO Details , Review ,GMP

The Barbeque Nation Restaurant has started its business in 2008 and after that subsequently acquired five Barbeque Nation Restaurants owned by SHL in 2012.

The company has casual dining restaurant chains and International Barbeque Nation Restaurants business. The comapny operates Vegetation and Non-Vegetation Restaurants under its umberela.

The current Promoter of the company is Sayaji Hotels Limited, Sayaji Housekeeping Services Limited, Kayum Dhanani, Raoof Dhanani and Suchitra Dhanani

It is backed by private equity firm CX Partners, which made its first investment in 2013 and again in 2015.

The promoters hold 60.24 percent stake, CX Partners owns 33.79 percent and Rakesh Jhunjhunwala’s investment firm Alchemy Capital holds 2.05 percent in the company.

The currently company operates 147 Barbeque Nation Restaurants in India and 6 International Barbeque Nation Restaurants. The company also operates 11 Italian Restaurants of which nine are operated under the brand name “Toscano” and one each under the brand names “La Terrace” and “Collage”.

The Offer for sale comprises shares sold in Barbeque Nation Hospitality by the following shareholders:

  • Sayaji Housekeeping Services Ltd: 10.18 lakh shares
  • Azhar Dhanani: 3.39 lakh shares
  • Sadiya Dhanani: 3.39 lakh shares
  • Sanya Dhanani: 3.39 lakh shares
  • Tamara Private Ltd: 33.23 lakh shares
  • Aajv Investment Trust: 71,186 shares
  • Menu Private Ltd: 26,600 shares
  • Check out :-Barbeque Nation IPO Grey Market Premium and GMP

    Barbeque Nation IPO details
    Subscription Dates 24-26 March
    Price Band 498-500
    Fresh issue 180 INR crore
    Offer For Sale 5,457,470 shares  271.78 – 272.87 INR crore
    Total IPO size 451.78 – 452.87 INR crore (90,71,927 Shares)
    Minimum bid (lot size) 30 Shares
    Face Value  5 INR per share
    Retail Allocation 35%
    Listing On NSE, BSE

    Barbeque Nation IPO Market Lot
    Minimum Lot Size 30 Shares
    Amount 15,000 Rs
    Maximum Lot Size 390 Shares
    Maximum Amount 1,95,000 Rs

    Registrar of Barbeque Nation IPO

    Link Intime India Private Limited
    C-101, 1st Floor,
    247 Park Lal Bahadur Shastri Marg,
    Vikhroli (West) Mumbai – 400 083
    Phone: +91 22 4918 6200
    Fax: +91 22 4918 6195
    Email: [email protected]
    Website: http://www.linkintime.co.in

    Contact Details of Barbeque Nation IPO

    Barbeque Nation Hospitality Limited
    Sy. No. 62, Site No.13,
    6th Cross, N.S. Palya,
    BTM Layout,
    Bengaluru – 560 076, Karnataka
    Phone: +91 80 4511 3000
    Email: [email protected]
    Website: www.barbequenation.com

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