| IPO Listing At | BSE, NSE |
| IPO Issue Type | Book Build Issue |
| Issue Size | ₹452.87 Cr |
| Fresh Issue | ₹180.00 Cr |
| Offer for Sale | ₹272.87 Cr |
| Face Value | โน5 Per Equity Share |
| Price Band | โน498.00-500.00 per share |
| Discount | Retail: 0.00,Employee: 0.00 |
| BSE Code | 543283 |
| NSE Code | BARBEQUE |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers | SBI Capital Markets Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 30 shares and in multiples thereof
Incorporated in 2006, Barbeque Nation Restaurants 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
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน Cr.) |
|---|---|---|
| 1 | Capital expenditure for expansion and opening of new restaurants by the Company | 54.62 |
| 2 | Prepayment or repayment of all or a portion of certain outstanding borrowings obtained by our Company on a consolidated basis | 75.00 |
| 3 | General corporate purposes | 38.32 |
| Period Ended | 30 Nov 2020 | 31 Mar 2020 | 31 Mar 2019 | 31 Mar 2018 |
|---|---|---|---|---|
| Assets | 908.59 | 955.46 | 819.09 | 723.16 |
| Total Income | 236.61 | 850.79 | 742.54 | 590.45 |
| Profit After Tax | -100.65 | -32.93 | -38.39 | -5.80 |
| EBITDA | 12.59 | 168.04 | 149.39 | 140.37 |
| NET Worth | 0.48 | 75.78 | 170.98 | 180.96 |
| Reserves and Surplus | -13.52 | 61.79 | 156.99 | 167.16 |
| Total Borrowing | 246.98 | 244.96 | 157.86 | 127.66 |
| Amount in ₹ Crore | ||||