Barbeque Nation Hospitality is launching its IPO. The public offer comprises a fresh issue of equity shares worth Rs. 180 crores and an offer for sale of 54.5 lakhs equity shares, valuing the issue at Rs. 450 crores. For more information, you can read the IPO Prospectus filed by the company.
About the company
Barbeque Nation Hospitality owns and operates Barbeque Nation Restaurants, one of India’s leading casual dining restaurant chains. Barbeque Nation has steadily grown their owned and operated Restaurant network from a single restaurant in 2008 to 147 restaurants (including opened, temporarily closed and under construction outlets) across 77 cities in India and six International Barbeque Nation Restaurants in three countries outside India as of December 31, 2020. The company also owns and operates Toscano Restaurants, a casual dining Italian restaurant chain and UBQ by Barbeque Nation that caters to the delivery segment.
| Financial Year Ended | Revenue (₹ Crores) | PAT (₹ Crores) | EPS (₹) |
|---|---|---|---|
| March 2018 | 590.45 | -5.80 | -2.51 |
| March 2019 | 742.54 | -38.386 | -14.45 |
| March 2020 | 850.79 | -32.93 | -11.77 |
| Eight months ended 30 November 2020 | 236.61 | -100.65 | -35.96 |
Indicative Timetable
| Event | Date |
|---|---|
| Issue Period | 24th March 2021 - 26th March 2021 |
| Price Range | ₹ 498 - 500 |
| Minimum Bid Quantity | 30 and in multiples thereof |
| Finalisation of Allotment | 1st April 2021 |
| Initiation of Refunds | 5th April 2021 |
| Credit of Shares | 6th April 2021 |
| Listing Date | 7th April 2021 |
How do I apply for the Barbeque Nation IPO?
You can apply for the Barbeque Nation IPO using any supported UPI app by following two steps:
- Enter your bid on Console
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.