Issuer

Barbeque Nation IPO

IPO Date: 24th - 26th March 2021

Price Band

₹498 to ₹500 Per Equity Share

Issue Size

₹452.87 Cr

Face Value

₹5 Per Equity Share

Market Lot

30 Shares

About Barbeque Nation IPO

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

  • 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.

Objects of the Issue

Barbeque Nation IPO aims to raise money for the below objectives:

  • 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 Details

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 Orher Quantity 30 Shares
Listing At BSE, NSE
Issue Size [.] Eq Shares of ₹5 (aggregating up to ₹452.87 Cr)
Fresh Issue [.] Eq Shares of ₹5 (aggregating up to ₹180.00 Cr)
Offer for Sale 5,457,470 Eq Shares of ₹5 (aggregating up to ₹272.87 Cr)

Barbeque Nation IPO Tentative Timetable

The Barbeque Nation IPO open date is Mar 24, 2021, and the close date is Mar 26, 2021. The issue may list on Apr 7, 2021.

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

Barbeque Nation IPO Promoter Holding

Pre Issue Share Holding 60.21%
Post Issue Share Holding

Where to check Barbeque Nation IPO allotment status?

Barbeque Nation IPO allotment status is expected on Apr 1, 2021. Click the link Barbeque Nation IPO Allotment Status to check the allotment. Note: the link remains to disable until the allotment is available online.

Barbeque Nation IPO FAQs

What is Barbeque Nation IPO?
Barbeque Nation IPO is a main-board IPO of [.] equity shares of the face value of ₹5 aggregating up to ₹452.87 Crores. The issue is priced at ₹498 to ₹500 per equity share. The minimum order quantity is 30 Shares. The IPO opens on Mar 24, 2021, and closes on Mar 26, 2021. Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The Barbeque Nation IPO opens on Mar 24, 2021 and closes on Mar 26, 2021.
Barbeque Nation IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.
You can apply in Barbeque Nation IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services.
The finalization of Basis of Allotment for Barbeque Nation IPO will be done on Apr 1, 2021, and the allotted shares will be credited to your demat account by Apr 6, 2021.
The Barbeque Nation IPO listing date is not yet announced. The tentative date of Barbeque Nation IPO listing is Mar 30, 2021.
Barbeque Nation IPO allotment status is expected on Apr 1, 2021. Click the link Barbeque Nation IPO Allotment Status to check the allotment. Note: the link remains to disable until the allotment is available online.
The Barbeque Nation IPO listing date is not available at this time. The Barbeque Nation IPO is planned to list the shares on Apr 7, 2021, at BSE, NSE.
You have to just click here to view DRHP/Prospectus of Barbeque Nation IPO.

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