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