Barbeque Nation Hospitality Limited IPO (Barbeque Nation IPO) Details

Barbeque Nation Hospitality Limited

Barbeque Nation Hospitality Limited IPO (Barbeque Nation IPO) Details

Barbeque Nation Hospitality Limited Restaurants is one of India’s leading casual restaurant chains. It provides consumers with the highest quality food, atmosphere, and facilities. It also owns and manages Barbeque Nation’s Tuscan Restaurants and UBQ which supply the caters segment. The first Barbeque Nation restaurant was set up in 2008. The network continues to expand to 138 Barbeque Nation restaurants in 73 cities in India and 7 International Barbeque Nation restaurants in 3 countries outside the world after 30th November 2019. The business recently has diversified in Bengaluru and Chennai to add another Red Apple brand, which has 10 Italian restaurants in 2 cities in India.

Barbeque Nation Hospitality Limited IPO Details:

IPO Opening Date March 24th, 2021
IPO Closing Date March 26th, 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 [.] 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 54,57,470 Eq Shares of ₹5

(aggregating up to ₹272.87 Cr)

Barbeque Nation Hospitality Limited IPO Details:

It provides consumers with the highest quality food, atmosphere, and facilities. It also owns and manages Barbeque Nation’s Tuscan Restaurants and UBQ which supply the caters segment. However, the issue is going to be opened on the 24th of March and it will be closed on 26th March 2021. Hence, the face value is Rs. 5/- per equity share. But, the IPO price is Rs. 498/- to 500/- per share. However, the minimum market lot is set at 30 shares per lot. Moreover, the minimum order quantity for buying is 30 shares. Further, the stock listing at BSE, NSE. Similarly, the issue of Equity shares is Rs. 5/- aggregating up to Rs. 452.87 crores. 

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.

Prospectus Documents:

Barbeque Nation IPO DRHP

Company Contact Information:

Barbeque Nation Hospitality Limited
Sy. No. 62, Site No.13, 6th Cross, N.S. Palya,
BTM Layout, Bengaluru – 560 076


Phone: +91 80 4511 3000
Email: compliance@barbequenation.com
Website: http://www.barbequenation.com/

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