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Barbeque Nation Hospitality IPO March 24 2021Barbeque Nation Hospitality IPO

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Barbeque Nation Hospitality is launching a fresh issue of equity shares worth up to Rs 180 crore, as well as an offer to sell up to 54,57,470 equity shares.  The Rs 453-crore initial public offering (IPO) of Barbeque Nation Hospitality will stay open for subscription between March 24 and March 26. The IPO also includes a Rs 273 crore secondary share sale. The IPO''''s price range is Rs 498 to Rs 500 per share. The corporation aims to raise Rs 451.78 crore to Rs 452.87 crore at the given price band. The company has reserved Equity worth Rs 2 crore for its employees. The investors can order a Bid Lot of 30 Shares or multiples of 30 Shares.

On October 13, 2006, Barbeque Nation Hospitality Limited was established. Barbeque Nation Restaurants, one of India''''s leading casual dining restaurant chains, and International Barbeque Nation Restaurants are owned and operated by the company. They also own and run Toscano Restaurants and You and Barbeque (UBQ) by Barbeque Nation.


The company owns and operates 164 restaurants, including 147 Barbeque Nation Restaurants in 77 cities across India, 6 International Barbeque Nation Restaurants in 4 cities outside India, and 11 Italian Restaurants in three metro cities across India, 9 of which are operated under the brand name Toscano and 1 each under the brand names La Terrace and Collage.

Barbeque Nation Hospitality Limited has a digital ecosystem that includes an app, reservation system, delivery, and a loyalty program. They have consistently recovered from impact made by Covid19. The company places a strong focus on customer reviews and feedback, and uses an internally formulated and managed Guest Satisfaction Index (GSI) to collect customer feedback.


Barbeque Nation Hospitality Limited has a strong online presence, and their online platforms have seen an increase in reservations. Over 46.7 percent to 60.8 percent of total reservations at Barbeque Nation Restaurants were made online in Fiscal 2020 and the eight months ended November 30, 2020, respectively. In addition, their BBQ App had received over 2.2 million downloads as of December 31, 2020.

You can apply for the Barbeque Nation Hospitality Limited IPO Click on - https://ipo.indiratrade.com:83/


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