Barbeque Nation IPO Date

Barbeque Nation IPO is to open tomorrow for the subscription. It is highly recommended to mark all the important dates on your calendar, so you don’t miss out on this fantastic opportunity. Thus, we bring to you – Barbeque Nation IPO date.

But before that, here is a brief about the company – Barbeque Nation Hospitality.

This company is a well-known food chain brand that is planning to raise capital through this IPO. The Barbeque Nation IPO Price includes Fresh Issue worth ₹180 Cr, and the Offer for Sale (OFS) is ₹273 Cr through 54.57 lakh shares.

Now, let’s list all the dates for this IPO.

Barbeque Nation IPO Date Details

The journey of a company bringing an IPO starts with it opening up for the subscription and ends with the IPO shares getting listed on the stock exchanges. Before you decide on applying for this IPO, should read the Barbeque Nation IPO Review.

Some of the important dates are – opening date, closing date, allotment date, and listing date. So, let’s discuss them all separately.

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Barbeque Nation IPO Issue Date

The important date is when the IPO is when it opens for subscription and ends for the same.

The information for both of them is tabulated below:

 

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Barbeque Nation IPO Allotment Date

The next step is the process of allotment of shares and the transfer of shares in the respective demat accounts.

All the dates regarding this have been tabulated below:

 

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In Case you don’t have a Demat Account, refer to the form below and proper guidance will be given to you:

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Barbeque Nation IPO Listing Date

The last step in the process of IPO is listing of the IPO shares on the stock exchanges so that they can be traded in the secondary market, i.e., share market.

The Barbeque Nation IPO shares will be listed on 7th April 2021.

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Barbeque Nation IPO Apply

The first requirement to apply for an IPO is to have an operational demat account with a stockbroker or depository participant of your choice. With this requirement met, you have to decide on whether you want to apply online or offline.

If you choose the former, you have the option to use ASBA (Application Supported by Blocked Amount) or the UPI (Unified Payment Interface). In the ASBA method, the application is processed through the net banking portal.

Whereas, if you apply through UPI, you have to apply for the IPO using the trading platform. Contrarily, if you choose the latter, you have to visit the nearest bank branch and then apply by filling the form in paper form.

The payment is made through cheque.

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Barbeque Nation IPO Should I Buy

The issue size of this IPO is ₹453 Cr it can be inferred from the objects of the offer that the capital is being raised to clear off the debts of the company and expand the business in the delivery segment.

Since the capital under the OFS is exclusively for the promoters, the reason of the IPO is crystal clear. But, here is a catch for all the willing investors and traders. The hospitality sector has been hit in the worst possible ways due to the global pandemic of COVID-19.

Barbeque Nation is no exception to this phenomenon. Also, the company has strong financials prior the occurrence of the pandemic.

Apart from the things discussed above, do have a look at the Barbeque Nation IPO GMP today movement as it reflects the listing price of the IPO.

So, even though the IPO might not seem promising in the short run, there are high chances that you will yield good profits in the long run.

Happy trading and good luck!

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Want to apply for Barbeque Nation IPO? Refer to the form below: