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Tag: Barbeque Nation ipo

  • Barbeque Nation IPO allotment standing: Here is learn how to examine your shares

    Barbeque Nation IPO allotment standing: The preliminary public providing (IPO) of Barbeque-Nation Hospitality was met with 5.98 occasions subscription over the 9.57 crore shares provided in the course of the subscription interval from March 24-26, 2021. The value band was fastened at Rs 498-500 per share.
    Barbeque Nation obtained bids of over 2.99 crore (2,99,01,510) shares towards the entire subject measurement of almost 50 lakh (49,99,609) shares, knowledge obtainable with the National Stock Exchange (NSE) confirmed.
    The certified institutional consumers (QIBs) class was subscribed 5.11 occasions, non institutional traders 3.10 occasions and retail particular person traders (RIIs) 13.13 occasions. The workers phase too noticed a 1.02 occasions subscription.

    The IPO of the informal eating chain agency contains a recent subject of shares price Rs 180 crore and an offer-for-sale (OFS) of 54,57,470 fairness shares. The proceeds of the difficulty will likely be utilised to fund the corporate’s capital expenditure for enlargement and opening of recent eating places, prepayment or reimbursement of sure borrowings and for basic company functions.
    As of December 2020, Barbeque-Nation Hospitality operated 147 retailers throughout India and 6 retailers throughout three international locations — UAE, Oman and Malaysia.
    Investors are actually wanting ahead to the share allotment date of the Barbeque-Nation Hospitality IPO. The firm will finalise the allotment of shares on Thursday, April 1, 2021. In case you’ve gotten utilized for the Barbeque Nation IPO, then right here is how one can examine the standing of your allotment when it will get declared:
    The allotment standing will get up to date on the web site of the registrar of the IPO, which on this case is Link Intime India (Click right here: https://linkintime.co.in/MIPO/Ipoallotment.html). Applicants might want to choose Barbeque-Nation Hospitality Limited – IPO within the drop-down menu and enter both their PAN, software quantity or DP Client ID. and click on on search to view their allotment standing.
    Apart from the registrar’s web site, candidates also can examine the standing of their allotment on the web site of the BSE (Click right here: https://www.bseindia.com/investors/appli_check.aspx). Here, they might want to choose Equity in Issue Type, then choose “Barbeque-Nation Hospitality Limited” from the drop-down listing within the Issue Name part, enter their Application Number and PAN Number within the respective containers after which click on on search to view their standing.
    The itemizing of shares of Barbeque-Nation Hospitality is more likely to happen on April 7, 2021, on each the NSE and BSE. The subject measurement of the IPO was Rs 453 crore.
    Axis Capital, IIFL Securities, Ambit Capital and SBI Capital Markets are the ebook working lead managers to the IPO.

  • Barbeque Nation IPO opens in the present day: Everything it’s worthwhile to know

    Barbeque Nation IPO opens in the present day: Everything it’s worthwhile to know

  • Barbeque Nation IPO to open on March 24: Price band, lot dimension and extra particulars

    Barbeque Nation IPO: The Rs 453 crore preliminary public providing (IPO) of Barbeque-Nation Hospitality, a preferred Indian delicacies informal eating restaurant chain, will open on Wednesday, March 24, 2021, and will likely be obtainable for subscription until Friday, March 26, 2021. The value band of the IPO has been mounted at Rs 498-500 per share of the face worth of Rs 5 every.
    Barbeque-Nation Hospitality is an informal eating chain firm that’s backed by personal fairness investor CX Partners and ace investor Rakesh Jhunjhunwala’s agency Alchemy Capital. It is promoted by Sayaji Hotels, Sayaji Housekeeping Services, Kayum Dhanani, Raoof Dhanani and Suchitra Dhanani. The firm additionally operates Toscano eating places and UBQ by Barbeque Nation Restaurant.
    Jubilant FoodWorks, which owns the franchise of Domino’s Pizza and Dunkin’ Donuts within the nation, too has a virtually 11 per cent stake within the firm.

    The Barbeque Nation IPO contains a contemporary subject of shares value Rs 180 crore and an offer-for-sale (OFS) of 54,57,470 fairness shares. Further, the OFS contains promoting of 10,18,288 shares by Sayaji Housekeeping Services (SHKSL), 3,39,430 shares by Azhar Dhanani, 3,39,430 shares by Sadiya Dhanani, 3,39,430 shares by Sanya Dhanani, 33,23,106 shares by Tamara Private Limited (TPL), 71,186 shares by AAJV Investment Trust (AAJVIT) and 26,600 shares by Menu Private Limited (MPL), the information given on the pink herring prospectus obtainable on the National Stock Exchange (NSE) confirmed.
    Barbeque Nation Hospitality had filed preliminary papers in February final yr, acquired Sebi’s approval in July 2020 to drift the IPO.
    The firm has already raised Rs 150 crore via a pre-IPO placement from Xponentia Capital and Jubilant Foodworks.
    Investors who want to subscribe to Barbeque Nation’s IPO can bid within the lot of 30 fairness shares and multiples thereof. At the higher value band, they must shell out Rs 15,000 to get a single lot of Barbeque Nation. The shares will likely be listed on each BSE and NSE.
    The web proceeds from the problem will likely be utilised to fund the corporate’s capital expenditure for growth and opening of latest eating places, prepayment or compensation of sure borrowings and for normal company functions.

    Axis Capital, IIFL Securities, Ambit Capital and SBI Capital Markets are the ebook operating lead managers to the IPO whereas Link Intime India is the registrar of the problem.
    As of December 31, 2020, Barbeque-Nation Hospitality owns and operates 147 Barbeque Nation Restaurants (together with opened, quickly closed and below development retailers) throughout 77 cities and 6 International Barbeque Nation Restaurants in three international locations. Separately, it operates eleven Italian Restaurants in three cities in India.