Barbeque Nation IPO Reviews, Dates, Price Band, Market Lot & Financial Details.

Barbeque Nation IPO has been announced and it is opening on 24th March and closing on 26th March. It was started in the year 2006 and to date, they have more than 130 restaurants in India and some in UAE, Malaysia, and Oman.

In India, Barbeque Nation is very famous as it gives a variety of menu according to the interest of customers. From starters to the main course to sweet dish the menu rolls out in such restaurants. Barbeque Nation is planning to raise ₹452.87 Cr. through an IPO by giving 10% of the issue to the retail investors. Check out more details given below for Barbeque Nation IPO. Read about the other IPOs which are going to launch in 2021 – here is the list.

Barbeque Nation IPO Dates & Price Band:

Open Date 24th March 2021
Close Date26th March 2021
Total Size of IPO₹452.87 Cr.
Face Value ₹5 
Price Band₹498 – ₹500 Per Share
Listing onBSE & NSE
Retail Investor’s Portion10%

Barbeque IPO Market Lot:

ApplicationLotSharesCut Off Amount
Minimum (RII)130₹15,000
Maximum (NII)13390₹1,95,000

Barbeque Nation IPO Allotment & Listing Dates:

Allotment Date for Barbeque Nation – 1st April 2021
Refund Date for Barbeque Nation – 5th April 2021
Credit of Shares to Demat Account – 6th April 2021
Listing Date for Barbeque Nation – 7th April 2021

Should you subscribe to Barbeque Nation IPO?

Strengths:

  • Rakesh Jhunjhunwala holds about 2.50% stake in the company.
  • Barbeque Nation raised ₹150 Cr. in pre IPO investments.
  • Few competitors are there in market.

Weakness:

  • Increasing assets but not increasing profits.
  • Continous loss from few years.

Very few competitors are there in the hospitality industry who can really compete with barbeque nation but their financials doesn’t impress us much. This will be a very risky bet if they can manage to show some profits in their finances. For listing gains check Barbeque Nation IPO GMP.
NOTE: Consult your financial advisor before applying for IPO.

Objectives of Issue:

  • To finance companies working requirements.
  • To repay company borrowings.
  • To meet general corporate issues.

Applying BBQ IPO through the form: 

Besides applying IPOs through ASBA application or through Demat accounts you can also apply to IPOs with the help of forms provided by NSE or BSE. This is one of the traditional and safe ways to apply for an IPO subscription. Download the form through this link and fill the form carefully.  You have to submit your filled form to the bank or broker.

Financials of Barbeque Nation IPO:

YearRevenueExpenseNet Income
2018590450-5.8
2019743593-38.38
2020851883-32.93

Barbeque Nation IPO related FAQs:

When will Barbeque Nation IPO open for Investors?

Barbeque Nation IPO will open on the 24th of March and will close on the 26th of March.

What is Barbeque Nation IPO Retail Portion?

The portion allocated for retail investors in Barbeque Nation IPO is 10%.

What is Barbeque IPO Lot Size?

Lot Size for Barbeque IPO is ₹452.87 Crores

What is the cutoff price for Barbeque Nation IPO?

The cutoff price for Barbeque Nation IPO is ₹500.

What is the Barbeque Nation Price band?

Barbeque Nation Price band is ₹498 – ₹500.

How to apply for Barbeque Nation IPO?

You can apply for Barbeque Nation IPO in 3 ways:
1. Open a Demat account through a bank or brokerage firm and apply through it.
2. Apply via the ASBA application online through your bank.
3. Fill up the offline IPO form and submit it to the bank or broker.

What is the allotment date for Barbeque Nation IPO?

1 April 2021 is the allotment date for Barbeque Nation IPO.

What is the listing date for Barbeque Nation IPO?

7 April 2021 is the listing date for Barbeque Nation IPO. It will be listed on NSE and BSE.

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