Barbeque-Nation Hospitality Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 6,763,103 (75%) | — | ₹33,816 Cr |
| NII (HNI) | — | 1,352,620 (15%) | — | ₹6,763 Cr |
| Retail | — | 901,747 (10%) | — | ₹451 Cr |
| Employee | — | 40,000 (0%) | — | ₹20 Cr |
| Σ Total | — | 9,057,470 (100%) | — | ₹452,874 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 30 | ₹15,000 |
| Retail (Max) | 13 | 390 | ₹195,000 |
| S-HNI (Min) | 14 | 420 | ₹210,000 |
| B-HNI (Min) | 67 | 2,010 | ₹1,005,000 |
Financial Statements Amount in Crore
| Metric | 30-Nov-20 | 31-Mar-20 | 31-Mar-19 |
|---|---|---|---|
| Revenue | 237 | 851 | 743 |
| Profit After Tax | 101 | 33 | 33 |
| Total Assets | 909 | 955 | 819 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 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
Company Overview
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.