Grill Splendour Services is a sequence of connoisseur Bakery and Patisserie unfold throughout Mumbai via 17 retail retail outlets, a centralized manufacturing facility, and more than one company shoppers. Out of those 17 retail retail outlets, 5 retail outlets are operating underneath the franchisee fashion (franchisee-owned, and company-operated) and leisure 12 retail outlets are owned by way of them. For main points at the franchisee settlement and places, please consult with “Immovable Property” starting on web page 90 of the Prospectus. For main points at the earnings earned via their franchisee-owned retail outlets and their owned retail outlets. They be offering recent meals merchandise from conventional to ‘made to order’ as required by way of the Customers. Both their Promoters personally have 30+ years of revel in within the Hospitality trade.
Grill Splendour Services Private Ltd. was once included in November 2019 as a hospitality corporation to procure the bakery and confectionary industry in conjunction with the emblem Birdy’s Bakery and Patisserie from WAH Restaurants Private Limited. The acquisition was once accomplished by the use of a Business Transfer and Intellectual Property Assignment Agreement dated December 27, 2019 (Acquisition Agreement). After that, the corporate proceeded to put money into the industry develop the emblem, and unfold presence.
The logo Birdy’s was once at first arrange as “Birdy’s by Taj”. Over a duration, it was once offered to WAH Restaurants Private Limited, and from them, the similar was once got by way of them vide the above referred Acquisition Agreement. The number one focal point in their Company was once to carry again the standard and sheen of the emblem. We did that over the previous couple of years by way of a chain of projects.
Objects of the Issue:
- Funding further Working capital necessities.
- Pre-payment/Repayment, in complete or section, of sure remarkable borrowings availed by way of the Company.
- General Corporate Purposes.
Grill Splendour Services IPO Review
Grill Splendour Services IPO Date & Price Band Details
IPO Open: | April 15, 2024 |
IPO Close: | April 18, 2024 |
IPO Size: | Approx ₹16.47 Crores, 1,372,800 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹120 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 50% of the online be offering |
QIB Quota: | [.]% of the online be offering |
NII Quota: | 50% of the online be offering |
DRHP Draft Prospectus: | Click Here |
RHP Draft Prospectus: | Click Here |
Anchor Investors in IPO: | Click Here |
Grill Splendour Services IPO Market Lot
The Grill Splendour Services IPO minimal marketplace lot is 1200 stocks with a ₹144,000 utility quantity.
Application | Lot Size | Shares | Amount |
Retail Minimum | 1 | 1200 | ₹144,000 |
Retail Maximum | 1 | 1200 | ₹144,000 |
S-HNI Minimum | 2 | 2400 | ₹288,000 |
Grill Splendour Services IPO Dates
The Grill Splendour Services IPO date is April 15 and the IPO shut date is April 18. The IPO allotment date is April 19 and the IPO may checklist on April 23.
IPO Open Date: | April 15, 2024 |
IPO Close Date: | April 18, 2024 |
Basis of Allotment: | April 19, 2024 |
Refunds: | April 22, 2024 |
Credit to Demat Account: | April 22, 2024 |
IPO Listing Date: | April 23, 2024 |
You can take a look at IPO subscription standing and IPO allotment standing on their respective pages.
Grill Splendour Services IPO Form
How to use Grill Splendour Services IPO? You can follow Grill Splendour Services IPO by the use of ASBA to be had to your checking account. Just cross to the net financial institution login and follow by the use of your checking account by way of deciding on the Grill Splendour Services IPO within the Invest phase. The different choice you’ll follow Grill Splendour Services IPO by the use of IPO bureaucracy obtain by the use of the NSE web site. Check out the Grill Splendour Services bureaucracy – click on NSE IPO Forms obtain, fill and put up to your financial institution or together with your dealer.
Grill Splendour Services Company Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹8.25 | ₹8.13 | ₹0.04 |
2022 | ₹11.52 | ₹11.26 | ₹0.04 |
2023 | ₹15.32 | ₹12.41 | ₹1.99 |
Nov 2023 | ₹8.86 | ₹7.75 | ₹0.62 |
Grill Splendour Services IPO Valuation – FY2023
Check Grill Splendour Services IPO valuations element like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) main points.
Earning Per Share (EPS): | ₹13.19 in line with Equity Share |
Price/Earning P/E Ratio: | 9.10 |
Return on Net Worth (RoNW): | 99.16% |
Net Asset Value (NAV): | ₹13.30 in line with Equity Share |
Peer Group
- Westlife Foodworld
- Sapphire Foods
- Jubilant Foodworks
- Srinidhi V Rao
- Vandana Srinidhi Rao
- Vivek Vijaykumar Sood
Grill Splendour Services IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Grill Splendour Services IPO Allotment Status
Check Grill Splendour Services IPO allotment standing on Bigshare web site URL. Click Here
Grill Splendour Services IPO Lead Managers aka Merchant Bankers
- Inventure Merchant Banker Services Pvt Ltd
Company Address
Grill Splendour Services Limited
J1, Shram Siddhi Vinayak Premises Co-Op Soc Ltd C1
1st Floor, Plot – 8, Wadala Truck Terminal Road,
, Antop Hill, Mumbai – 400 037,
Phone: +91 22 5002 9517
Email: [email protected]
Website: https://www.birdys.in/
Grill Splendour Services IPO FAQs
What is Grill Splendour Services IPO?
Grill Splendour Services IPO is an NSE SME IPO. They are going to elevate ₹16.47 Crores by the use of IPO. The factor is priced at ₹120 in line with fairness percentage. The IPO is to be indexed on NSE.
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What is Grill Splendour Services IPO Price Band?
Grill Splendour Services IPO Price Band is ₹120 in line with fairness percentage.
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Note: The Grill Splendour Services IPO main points are introduced formally. The IPO gray marketplace top rate (Grill Splendour Services IPO Premium) is up to date at the respective web page. You can take a look at our IPO gray marketplace web page for day-to-day updates.
– Source : IPOWATCH