Started in 2006, Barbeque Nation Restaurant is among the leading casual dining restaurant chains in the country. Barbeque Nation IPO will hit the market on 24 Mar 2021. It provides customers with the best quality of food offerings, ambience and services. Through their Barbecue Nation restaurant, they pioneered the concept of table barbeque in Indian restaurants according to a Technopac report.
Under live grills that are fitted to the dining table, allow guests to grill their own barbecue. The firm believes that their Barbeque Nation restaurant, compared to other fixed-price dining options, has a wider range of vegetarian and non-vegetarian appetizers and main courses, a popular dessert menu, a pleasant and casual dining environment, and an increasingly competitive charm. Provide. Service.
They also periodically run popular food festivals at Barbecue Nation restaurants, which offer guests a range of Indian, international and fusion cuisine. They are among the few Indian firms in the new Casual Dining Restaurant (“CDR”) segment that has an in-house chef training school to develop new products.
It also owns and runs Toscano Restaurant and UBQ by Barbecue Nation which mainly caters to the delivery segment. The first Barbeque Nation Restaurant was opened in 2008 and as of November 30, 2019, the network has grown continuously to 138 Barbeque Nation restaurants in 73 cities in the country and 7 International Barbeque Nation Restaurant in 3 nations outside India.
The firm has recently diversified into another brand “Red Apple” which runs 10 Italian restaurants in Bengaluru and Chennai. They were ranked among top 50 firms in all categories by the Economic Times “Great Place to Work” survey for 2016 and 2017, in association with the Retailers Association of Great Place to Work Institute of India. They were also selected in the top ten employers within the Indian retail industry for 2017.
Table of Contents
Positive Points
- It is among the fastest growing restaurant brands in the country.
- Chain offers both vegetarian and non-vegetarian food.
- It is managed by Team of experienced promoters and management.
- It’s healthy financial trend with a proven track record of revenue growth.
Company Promoters
The main company promoters are Sayaji Hotels Limited, Sayaji Housekeeping Services Limited, Kayum Dhanani, Raoof Dhanani, and Suchitra Dhanani.
Financials Trends
(Figures in Crs)
| Year | Revenue | EBITDA | Finance Cost | PAT | OPM | NPM | EPS |
| 2015 | 304 | 47 | 8 | 13 | 16% | 4% | 5.07 |
| 2016 | 403 | 48 | 9 | 5 | 12% | 1% | 2.21 |
| 2017 | 503 | 66 | 14 | 10 | 13% | 2% | 3.8 |
| 2018 | 509 | 82 | 18 | 14 | 16% | 2.9% | 5.49 |
| 2019 | 742 | 149 | 56 | -21 | 20% | -2.8% | -7.5 |
| 2020 | 850 | 168 | 75 | -33 | 19% | -3.85 | -12 |
| 9MFY21 | 237 | 13 | 59 | -99 | 5% | -41.77 | -36 |
Objects of the Issue:
- Prepayment / repayment of all or a portion of the outstanding borrowings of the company to be availed on consolidated basis.
- To meet common corporate objectives
Barbeque Nation IPO Details
| IPO Opening Date | 24 Mar 2021 |
| IPO Closing Date | 26 Mar 2021 |
| Issue Type | Book Built |
| Face Value | 5 per share |
| IPO Price | 498 to 500 per equity share |
| Market Lot | 30 |
| Min Order Quantity | 30 |
| Listing At | BSE, NSE |
| Issue Size | 452.87 Cr |
| Fresh Issue | 275.00 Cr |
| Offer for Sale | 177.87 Cr |
IPO Tentative Date
The Barbeque Nation IPO open date is 24 Mar, 2021, and the close date is 26 Mar, 2021. The issue may list on 07 April , 2021.
| IPO Open Date | 24 Mar, 2021 |
| IPO Close Date | 26 Mar, 2021 |
| Basis of Allotment Date | 01 April, 2021 |
| Initiation of Refunds | 05 April, 2021 |
| Credit of Shares to Demat Account | 06 April, 2021 |
| IPO Listing Date | 07 April, 2021 |
Promoter Holding
| Pre Issue Share Holding | 60.21% |
| Post Issue Share Holding |
Barbeque Nation IPO Prospectus
Contact Details
Sy. No. 62, Site No.13, 6th Cross, N.S. Palya,
BTM Layout, Bengaluru – 560 076Phone: +91 80 4511 3000
Email: [email protected]
Website: http://www.barbequenation.com/
Registrar
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: http://www.linkintime.co.in
Lead Manager(s)
- Ambit Private Limited
- Axis Capital Limited
- IIFL Holdings Limited
- SBI Capital Markets Limited
Barbeque Nation IPO Opening Date?
The Barbeque Nation IPO open date is 24 Mar, 2021, and the close date is 26 Mar, 2021. The issue may list on 07 April, 2021.
Barbeque Nation IPO Allotment Date?
The Basis of Allotment for Barbeque Nation IPO will be done on 1 April, 2021
lot size for Barbeque Nation IPO?
Barbeque Nation IPO lot size is 30 Shares.
Barbeque Nation IPO GMP Today?
Barbeque Nation IPO GMP is INR 21/- Per Share today.
Listing Date for Barbeque Nation IPO?
The Listing date for Barbeque Nation IPO is 07 April 2021.
