Barbeque Nation Hospitality, the casual-dining restaurant chain, is prone to finalise the preliminary public providing (IPO) allocation round April 1, as per the schedule out there within the purple herring prospectus. The Rs 453 crore preliminary public providing, which was open for bidding between March 24 and March 26, was subscribed virtually six occasions. The certified institutional patrons portion was subscribed 5.11 occasions, non-institutional traders attracted 3.10 occasions subscription and portion put aside for retail traders, 13.13 occasions.
The IPO comprised a recent concern of Rs 180 crore and a proposal on the market of Rs 273 crore shares by the prevailing shareholders. The firm will use the funds to repay its debt.
IIFL Securities, Axis Capital, Ambit Capital and SBI Capital Markets are the guide working lead managers, whereas Link Intime India is the registrar to the problem.
Here’s the right way to examine the allotment standing of Barbeque Nation IPO:
Registrar’s web site (Link Intime India)
- Select ‘Barbeque Nation Hospitality Limited – IPO’ within the dropdown listing
- Enter both PAN, software quantity or DP Client ID
- Click on the ‘search’ button
BSE web site
- Check field ‘fairness’ underneath concern sort
- Select ‘Barbeque-Nation Hospitality Limited’ within the dropdown listing
- Enter ‘software quantity’ and ‘PAN quantity’
- Click on the ‘search’ button
Barbeque Nation Hospitality operates 147 Barbeque Nation eating places in 77 Indian cities and 6 eating places in UAE, Oman and Malaysia.