The dining restaurant chain – Barbeque Nation has launched its IPO and it is available for subscription from 24th March to 26th March. It is probably the last IPO for Financial Year 2020-21.
The price band for the IPO is fixed at 498-500 per share. The minimum lot size is 30 shares. The brand plans to raise 452.87 crores from the IPO out of which 202.89 Crores has already been raised from anchor investors.
The issue now consists of fresh issue worth 180 crores out of which shares worth 2 crores have been reserved for eligible employees. There is an offer for sale of shares worth 272.87 Crores.
Barbeque Nation has restaurants all over India and some international locations as well. The brand also operates Toscano Restaurants and UBQ.
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