Barbeque Nation IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 24 Mar 2021 - 26 Mar 2021
Issue Size ₹452.87 Cr
Issue Price ₹498-500
Market Lot 30 Shares
Shares on Offer
Registrar Link Intime
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date 07 Mar 2021
Listing Price N/A
Listing Gain% N/A

About Barbeque Nation Hospitality Limited

Barbeque Nation was founded in 2006 by one of their Promoters. They currently own and operate 138 outlets in India, 5 outlets in UAE, 1 outlet in Malaysia and 1 outlet in Oman.

One of the leading casual dining chains in India, Barbeque Nation pioneered the concept of “over the table barbeque” live grills embedded in dining tables – allowing guests to grill their own barbecue’s right at their tables.

Indian cuisine is a natural part of the diet in the markets in which the Barbeque Nation Restaurants operate. They continue to offer new menu options, both vegetarian and non-vegetarian, largely based on Indian cuisine and use seasonal customer preferences to introduce new dishes. They also run popular food festivals at their Barbeque Nation Restaurants, thereby offering their customers a range of Indian and international cuisines.

Their fixed price ‘all you can eat’ concept at their Barbeque Nation Restaurants offers their customers a varying spread of consistently delicious food at a value-oriented price in a pleasant and casual dining environment. They believe that barbeque cuisine is distinctively attractive as compared with other dining options due to its DIY and cooked-at-the-table nature and the flexibility and fun of mixing and matching a wide variety of meats, vegetables, sauces and condiments to create dishes according to each diner’s individual tastes and preferences. In addition, fixed price dining is very popular amongst relatively larger groups, due to customers’ perception of value for money and the comfort of certainty over the bill amount irrespective of varying individual appetites and consumption

Their Barbeque Nation Restaurants typically offer customers at least five vegetarian and five non-vegetarian largely pre-cooked appetisers they can season and barbeque on a grill embedded in their table, an all-you-can-eat main course buffet and a selection of desserts.

Their core values prioritise being customer-focused to provide excellent products and service and employee-focused by maintaining a superior quality work environment. Their Company was ranked 13th among best companies to work for in India across all categories by Economic Times “Great Places to Work” survey for 2019 conducted by Great Places to Work Institute. Our Company was also voted among the top ten employers within the Indian retail industry for 2019 by Great Places to Work and 14th among best large workplaces in Asia by Great Places to Work Institute.

Company Promoters

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

Company Financials

Particulars 31-Mar-20 31-Mar-19 31-Mar-18
Total Assets (In ₹ Millions) 9,554.58 8,190.85 7,231.60
Total Revenue (In ₹ Millions) 8,507.94 7,425.41 5,904.48
Profit After Tax (PAT) (In ₹ Millions) -329.28 -383.86 -58.00

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Strengths & Weaknesses

Strength
Asset and Revenue is on the rise since 2018.
Weakness
It's a loss making company though the loss in 2020 is slightly less than 2019.

Barbeque Nation Hospitality Limited IPO Reviews

  • Rating: 
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Subscription Details

Date & Time QIB NII RII Total
Day 1 - 24 Mar 2021 0.37 0.07 6.14 1.33
Day 2 - 25 Mar 2021 0.37 0.10 9.66 1.98
Day 3 - 26 Mar 2021 5.11 3.10 13.13 5.98

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Barbeque Nation Hospitality Limited IPO FAQs

  1. When will Barbeque Nation Hospitality Limited IPO open?

    Barbeque Nation Hospitality Limited IPO will open on 24 Mar 2021 and close on 26 Mar 2021.

  2. What is the listing date of Barbeque Nation Hospitality Limited IPO?

    Barbeque Nation Hospitality Limited IPO will list on 07 Mar 2021.

  3. What is the offer price of Barbeque Nation Hospitality Limited IPO?

    The offer price of Barbeque Nation Hospitality Limited IPO is ₹498-500.

  4. What is the lot size of Barbeque Nation Hospitality Limited IPO?

    The lot size of Barbeque Nation Hospitality Limited IPO is 30.

  5. What is the Grey Market Premium (GMP) price of Barbeque Nation Hospitality Limited IPO?

    The Grey Market Premium (GMP) price of Barbeque Nation Hospitality Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Barbeque Nation Hospitality Limited IPO?

    The Kostak price of Barbeque Nation Hospitality Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Barbeque Nation Hospitality Limited IPO?

    The Subject to Sauda price for Barbeque Nation Hospitality Limited IPO is Not Available at the moment.

Barbeque Nation Hospitality Limited IPO Review/Comments

The operation of this company is not sustainable in the long run due to which it is making huge losses. It is not operating in the cash and carry or delivery segments so turnover is fixed over a defined area of operations.

TX

WHAT IS LISTING GAIN

SAMEER KHAN

PL DO NOT APPLY FOR Barbeque Nation Hospitality AS IT IS A LOSS MAKING COMPANY & IT MAY LIST BELOW ISSUE PRICE

ZAMEERA

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