Barbeque Nation IPO Price
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Barbeque Nation IPO
After going through the Barbeque Nation IPO review, you must be looking for the IPO price details as well. If yes!! Do not worry. Here is all that you need to know about Barbeque Nation IPO Price.
One of the leading and trusted hospitality industries Barbeque Nation Hospitality, which owns and operates multiple Barbeque Nation Restaurants across India is now going to launch an IPO worth ₹453 Cr.
The Barbeque Nation IPO launch Date is on Wednesday, 24 March 2021 for a subscription with the objective of business expansion and repayment of outstanding borrowings.
Now let us know the minimum and maximum investment with the price details below.
Barbeque Nation IPO Issue Price
The Barbeque Nation Hospitality Ltd Share Price includes Issue size, Fresh issue, and an Offer for sale have been listed in the below table.
Issue Size | [●] Equity Shares of ₹5 (aggregating up to ₹453 Cr) |
Fresh Issue | [●] Equity Shares of ₹5 (aggregating up to ₹180 Cr) |
Offer For Sale | 54,57,470 Equity Shares of ₹5 (aggregating up to ₹273 Cr) |
Now let us move to Price Band of Barbeque Nation IPO.
Barbeque Nation IPO Price Band
Next comes Barbeque Nation IPO Band in Barbeque Nation Hospitality Ltd IPO Share Price. The Barbeque Nation will open its IPO with a Price Band of ₹498-₹500 per share.
Besides, the minimum number of shares available in one lot are 30. Similarly, the maximum lot size is 13 in which you can apply for 390 shares.
That means the minimum amount at which you can trade a lot of 30 shares is ₹14,940, and to bid for a maximum number of shares, you will need to invest up to ₹1,94,220.
Here is a table below showing Barbeque Nation Hospitality Ltd Share Price:
Barbeque Nation IPO Price | |
Issue Price | ₹453 Cr |
Fresh Issue Price | ₹180 Cr |
Offer for Sale | ₹273 Cr |
Price Band | ₹498-₹500 |
Listing Price | ₹[●] |
If you wish to apply for a Barbeque Nation IPO, make sure you know the exact information listed in the above table.
Barbeque Nation IPO Listing Price
The Barbeque Nation IPO Listing price has not been disclosed by the company.
It will come on 7 April 2021. We will update it here later.
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Barbeque Nation IPO GMP
In this section, we will get to know about Barbeque Nation IPO GMP.
GMP or Grey Market Premium is an amount that investors are ready to pay over the issue price for buying or selling the IPO shares in the Grey Market. These shares are not officially available for trading on the stock exchange.
So far, no grey market activity was seen in Barbeque Nation Hospitality Ltd.
Barbeque Nation IPO Should I Buy
Before we give your answer, it should be noted that all good businesses may not be good investments.
The same thing goes with Barbeque Nation. Everything is good, amazing restaurants, tasty food, lovely ambiance, and overall excellent services.
Now coming to the IPO. The situation is a little dicey. Here is why?
Firstly, this company had planned to launch the IPO earlier in 2017, due to some regulatory hurdles, their IPO was not approved by SEBI. This is their second attempt to float the IPO.
Secondly, the company’s main objective of making the public offer is to Barbeque Nation Hospitality IPO aims to use the funds for repayment and payment of loans of the company which can be considered a bad factor for the investors.
However, apart from this, it also intends to complete general corporate purposes through this IPO.
Now, if we talk about the financial parameters of this company, it is overall good. The company has shown the loss in the last 4 years which keeps on increasing year after year.
Besides, the total operating revenue of the company in FY20 was ₹9085.85 Crore and the CAGR from FY17 to FY20 was 19.5%.
Thirdly, Barbeque Nation Hospitality is backed by CX Partners and Rakesh Jhunjhunwala, both are renowned private equity and stock market investors with a shareholding of 33.79% and 2.05 % respectively.
Besides, the GMP of this IPO has not yet come to the market. Let us see how it would be.
We have compiled some aspects and provided you with our insight but never invest in the share market without doing an in-depth financial analysis.
We believe that your query regarding the Barbeque Nation IPO Price has been resolved.
Happy Investing!!
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