Barbeque-Nation Hospitality Limited

Barbeque Nation Hospitality Limited IPO Review

The firm owns International Barbeque Nation Restaurants and one of India’s biggest fine dining franchises. Toscano Restaurants and UBQ by Barbeque Nation are also owned and operated by the company. In Indian restaurants, the firm pioneered the notion of “over the table barbeque.” Guests can grill their own barbeques on live barbecues integrated in dining tables.

The association built its first Grill Country Eatery in 2008, and it bought five Grill Country Cafés from SHL in 2012. From a single restaurant in FY2008 to 147 Barbeque Nation Restaurants in India and 6 International Barbeque Nation Restaurants, it has steadily expanded its owned and operated Barbeque Nation Restaurant network.

The company also provides 11 Italian restaurants, nine of those are under the brand name “Toscano” and one each under the brand names “La Terrace” and “Collage.” UBQ offers a la carte Indian cuisine in the value market, which was first delivered by top food delivery services.

Subscription Dates

24 – 26 March 2021

Price Band

INR498 – 500 per share

Fresh issue

INR180 crore   

Offer For Sale

5,457,470 shares (INR271.78 – 272.87 crore) 

Total IPO size

INR451.78 – 452.87 crore

Minimum bid (lot size)

30 shares

Face Value 

INR5 per share

Retail Allocation

10%

Listing On

NSE, BSE

 

FY2018

FY2019

FY2020

8M FY2021

Revenue

590.4

742.5

850.8

236.6

Expenses

450.1

593.2

682.8

224.0

Comprehensive income

-6.5

-40.7

-35.6

-98.6

Margin (%)

-1.1

-5.5

-4.2

-41.7

Earnings Per Share (EPS): -INR11.77

Price/Earnings (PE ratio): NA

Return on Net Worth (RONW): -556.59%

Net Asset Value (NAV): INR59.16 per share

Listing Performance of Barbeque Nation Hospitality Limited IPO

Company Name

Listed On

Issue Price

Listing Day Close

Listing Day Gain

Barbeque Nation Hospitality Limited

Apr 07, 2021

500

590.4

18.08

NSE : BARBEQUE

BSE : 543283

ISIN CODE : INE382M01027

Angel Broking – Neutral

AUM Capital – Not Rated

BP Wealth – Avoid

Choice Broking – Avoid

DSIJ – Subscribe for Long Term

Elite Wealth –  Avoid

Kotak Securities – Not Rated

Prabhudas Lilladher – Subscribe

Samco Securities –  Avoid

Ventura Securities – Not Rated

Yes Securities – Avoid

IPO Opening Date: 10 August 2021

IPO Closing Date: 12 August 2021

Finalisation of Basis of Allotment: 18 August 2021

Initiation of refunds: 20 August 2021

Transfer of shares to demat accounts: 23 August 2021

Listing Date: 24 August 2021

Opening Price on NSE: INR333 per share (down 5.67% from IPO price)

Closing Price on NSE: INR352 per share (down 0.28% from IPO price)

Barbeque Nation Hospitality Limited

Sy. No. 62, Site No.13,

6th Cross, N.S. Palya,

BTM Layout,

Bengaluru – 560 076, Karnataka

Phone: +91 80 4511 3000

Email: compliance@barbequenation.com

Website: www.barbequenation.com

Link Intime India Private Limited

C-101, 1st Floor,

247 Park Lal Bahadur Shastri Marg,

Vikhroli (West) Mumbai – 400 083

Phone: +91 22 4918 6200

Fax: +91 22 4918 6195

Email: bnhl.ipo@linkintime.co.in

Website: http://www.linkintime.co.in

Category

Shares offered

Subscription (no. of times, at 5 PM)

Day 1

Day 2

Day 3

QIB

27,05,242

0.37

0.37

5.12

NII

13,52,620

0.07

0.10

3.10

Retail

9,01,747

6.14

9.66

13.12

Employee

40,000

0.41

0.71

1.02

Total

49,99,609

1.33

1.98

5.98

Barbeque Nation Hospitality Limited IPO FAQ's

Barbeque Nation IPO is a main-board IPO of 9,057,470 equity shares of the face value of ₹5 aggregating up to ₹452.87 Crores. The issue is priced at ₹498 to ₹500 per equity share. The minimum order quantity is 30 Shares.The initial public offering (IPO) begins on Mar 24, 2021,,and ends on Mar 26, 2021..The registrar for the IPO is Link Intime India Private Ltd. The shares are proposed for listing on the BSE and NSE.

The Barbeque Nation IPO opens on Mar 24, 2021 and closes on Mar 26, 2021.

Barbeque Nation IPO lot size is 30 Shares and the minimum order quantity is 30 Shares.



Barbeque Nation IPO   can be submitted online using either UPI or ASBA as a payment method. The ASBA IPO application is available in your bank’s net banking. Brokers who do not provide banking services provide UPI IPO applications..Learn more about online IPO applications from Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank, and SBI Bank.

The  Basis of Allotment for Barbeque Nation IPO will be done on Apr 1, 2021, and the allotted shares will be credited to your demat account by Apr 6, 2021. Check the Barbeque Nation IPO allotment status.



The Barbeque Nation IPO listing date is on Wednesday, April 7, 2021.

Barbeque Nation Hospitality Limited IPO Comments