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Barbeque Nation Hospitality Limited IPO Detail

Barbeque Nation Hospitality Limited IPO Detail

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.

Company Promoters

Sayaji Hotels Limited, Sayaji Housekeeping Services Limited, Kayum Dhanani, Raoof Dhanani, and Suchitra Dhanani are the company promoters.

IPO Details

IPO Opening DateMar 24, 2021
IPO Closing DateApr 26, 2021
Issue TypeBook Built Issue IPO
Face Value₹5 per equity share
IPO Price ₹498 - 500 per equity share
Market Lot30 Shares
Min Order Quantity30 Shares
Listing AtBSE, NSE
Issue Size₹452.87 Cr
Fresh IssueEq Shares of ₹5 (aggregating up to ₹180.00 Cr)
Offer for Sale5,457,470 Eq Shares of ₹5 (aggregating up to ₹272.87 Cr)
Retail Portion -

IPO Tentative Timetable

The Barbeque Nation Hospitality Limited IPO open date is Mar 24, 2021, and the close date is Apr 26, 2021. The issue may list on Apr 07, 2021.

IPO Open DateMar 24, 2021
IPO Close DateApr 26, 2021
Basis of Allotment DateApr 01, 2021
Initiation of RefundsApr 05, 2021
Credit of Shares to Demat AccountApr 06, 2021
IPO Listing DateApr 07, 2021

IPO Lot Size

The Barbeque Nation Hospitality Limited IPO market lot size is 30 shares. A retail-individual investor can apply for up to 13 lots (390 shares or ₹195000).

ApplicationLotsSharesAmount (Cut-off)

IPO Promoter Holding

Pre Issue Share Holding47.80%
Post Issue Share Holding37.79%

Company Financials:

For the year/period ended (₹ in Crs)

Financial Year Total Assets Total Revenue Profit After Tax
30-Nov-20 9,085.85 2,366.08 1,006.48
31-Mar-20 9,554.58 8,507.94 329.28
31-Mar-19 8,190.85 7,425.41 383.86
31-Mar-18 7,231.60 5,904.48 58.00

Objects of the Issue:

  • 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.