Bengaluru-based Barbeque Nation Hospitality (BHNL) has filed IPO papers with SEBI for the second time. Backed by private equity investor CX Partners and ace investor Rakesh Jhunjhunwala’s investment firm Alchemy Capital, the IPO would comprise a fresh issue of shares as well as offer for sale.
Up to 50 percent of the offer will be available for allocation to qualified institutional buyers (QIBs). In addition, 15 percent of the issue will be reserved for non-institutional bidders and 35 percent of the offer will be available for the allocation to retail individual bidders. Barbeque Nation operates 138 outlets in India, 5 outlets in UAE, 1 outlet in Malaysia and 1 outlet in Oman. The chain runs a ‘fixed price all you can eat’ menu across its restaurants. The IPO is expected to launch sometime around July 2020.
Lead Managers in Barbeque Nation Hospitality Limited
- IIFL Securities
- Axis Capital
- Ambit Capital
- SBI Capital Markets
Promoters of Barbeque Nation Hospitality Limited
- Sayaji Hotels Limited
- Sayaji Housekeeping Services Limited
- Kayum Dhanani
- Raoof Dhanani
- Suchitra Dhanani
Financials of Barbeque Nation IPO
| 30-Sep-19 | 31-Mar-19 | Mar-18 | 31-Mar-17 | |
| Total Assets | 8,597.32 | 8,190.85 | 7,231.60 | 5,288.23 |
| Total Revenue | 4,242.50 | 7,425.41 | 5,904.48 | 4,985.81 |
| Total Expense | 3,353.24 | 5,931.54 | 4,500.80 | 3,768.48 |
| Profit After Tax | (93.64) | (383.86) | (58.00) | 39.56 |
Valuation of Peer Group Companies of Barbeque Nation Hospitality Limited
| Face Value (Rs.) | Total Income for FY19 (in Rs. million) | P/E | EPS Basic (Rs.) | Return on Net Worth (%) | NAV per share (Rs.) | |
| Barbeque Nation Hospitality Limited | 5.00 | 7,425.41 | NA* | (8.31) | -16.11% | 47.04 |
| Listed Peers | ||||||
| Jubilant Foodworks Limited | 10.00 | 36,105.08 | 78.01 | 24.23 | 25.39% | 95.45 |
| Westlife Development Limited | 2.00 | 14,176.74 | 167.37 | 2.59 | 6.91% | 37.47 |
| Speciality Restaurants Limited | 10.00 | 3,558.19 | NA* | (1.66) | -3.56% | 46.72 |
Barbeque Nation IPO Details:
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Barbeque Nation IPO Latest Grey Market Premium (GMP)
| Symbol | Offer Price | Grey Market Premium | Kostak Rates |
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Barbeque Nation IPO Subscription Details
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| COMPANY CONTACT DETAILS | IPO REGISTRAR DETAILS |
| Barbeque Nation Hospitality Limited Barbeque Nation Hospitality Ltd., No 62, Site No, Survey, 13, 6th Cross Rd, NS Palya, Stage 2, Bengaluru, Karnataka 560076 India. Phone: 080671 83539, +918064806060 Email: feedback@barbequenation.com Website: https://www.barbequenation.com | Link Intime India Private Limited C-101, 1st floor, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai 400 083 Tel: +91 22 4918 6200 E-mail: bnhl.ipo@linkintime.co.in Investor grievance email: bnhl.ipo@linkintime.co.in Website: www.linkintime.co.in Contact Person: Shanti Gopalkrishnan SEBI Registration No: INR000004058 |
Barbeque Nation IPO Allotment Status
Barbeque Nation IPO Allotment Status can be checked here by clicking to find the IPO Allotment Status. Allotment of Equity Shares as per the Fresh Issue and move of the Offered Shares of the Promoter Selling Shareholders compliant with the Offer available to be purchased to the effective Bidders. Be that as it may, the Allotment status isn’t yet uncovered.
Related Topics
- What is IPO?
- Upcoming IPO 2020
- Recently Closed IPO 2020
- Past IPO list 2020
