Barbeque Nation IPO Date, Review, Price Band, Form & Market Lot Details
About the Barbeque Nation Company
Barbeque Nation Hospitality Limited is a leading Casual Dining Restaurant (CDR) chains having a strong brand presence in India. It also owns and operates Toscano Restaurants and UBQ by Barbeque Nation. It offers the best quality of food offerings, ambiance, and services to customers. The company has pioneered the format of ‘over the table barbeque’ concept in Indian Restaurants. Live grills embedded in dining tables allow guests to grill their own barbeques. We also periodically run popular food festivals at our Barbeque Nation Restaurants offering our guests a range of Indian, international and fusion cuisines.
The first Barbeque Nation Restaurant was launched in 2006 by SHL, one of our Promoters. We launched our first Barbeque Nation Restaurant in 2008, and subsequently acquired five Barbeque Nation Restaurants owned by SHL in 2012.
We have steadily grown our owned and operated Barbeque Nation Restaurant network from a single restaurant in 2008 to 147 Barbeque Nation Restaurants (including opened, temporarily closed and under construction outlets) across 77 cities in India and 6 International Barbeque Nation Restaurants in three countries outside India i.e Uae Oman Malaysia as of December 31, 2020.
The company has recently diversified into another brand "Red Apple" which operates 11 Italian restaurants in 3 cities of India i.e. Bengaluru, Chennai and Pune.
The Ace Investor of India Mr. Rakesh Jhunjhunwala has invested in the Company through its firm Alchemy Capital which holds 2.07%.
Recently company has also raised a amount of Rs.149.97 Cr. by doing a Pre-Ipo Placement The Company Sold 59,51,132 Equity Shares at a Price of Rs. 396.82 a share.
Promoters of Barbeque Nation Company
- Sayaji Hotels Limited,
- Sayaji Housekeeping Services Limited,
- Kayum Dhanani, Raoof Dhanani, and Suchitra Dhanani
Promoter Holding :-
Financials of Barbeque Nation
Financial Ratios:-
Peers Of Barbeque Nation :-
Strengths Of Barbeque Nation Ipo
- Barbeque Nation is one of India’s fastest growing and widely recognised restaurant brands in the rapidly growing CDR market
- Strong business processes and back-end systems leading to efficient operations
- Proven track record of revenue growth.
Weakness Of Barbeque Nation Ipo
- Decreasing Profit
- Heavy Debts
- Price Band is to much high as compared to pre ipo placement offer.
Barbeque Nation Ipo Details S
| IPO Opening Date | Mar 24, 2021 |
| IPO Closing Date | Mar 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 |
| Issue Size | ₹452.87 Cr |
| Fresh Issue | ₹180.00 Cr |
| Offer for Sale | ₹272.87 Cr |
Portion Offered :
NII (15%) Rs 67.94 cr.
RII (10%) Rs 45.28 cr.
Barbeque Nation Ipo Objectives Of Issue :
- Setting-up of new Barbeque Nation restaurants in India;
- To Utilise the portion of Net proceeds aggregating to Rs. 54.61 Cr. for opening of 26 New Restaurants by 2023.
- Repayment or prepayment of loans of the Company and Subsidiaries.
IPO TimeLine
| IPO Open Date | Mar 24, 2021 |
| IPO Close Date | Mar 26, 2021 |
| Basis of Allotment Date | Apr 1, 2021 |
| Initiation of Refunds | Apr 5, 2021 |
| Credit of Shares to Demat Account | Apr 6, 2021 |
| IPO Listing Date | Apr 7, 2021 |



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