Grill Splendour Services Limited IPO
NSE SMEListed On: Apr 23, 2024 at ₹ 121.3
₹ 144000 /1200 Shares
Check AllotmentGrill Splendour Services Limited IPO Details
15 Apr, 2024
Open Date18 Apr, 2024
Close Date19 Apr, 2024
Allotment Date23 Apr, 2024
Listing DateIssue Price
₹120 per equity shareFace Value
₹10 Per Equity ShareListing at Group
NSE SMERegistrar
Bigshare Services Pvt LtdList Price
121.3Listing Date
2024-04-23Market Lot
1200 Shares (₹144,000/-)Lead Manager
Inventure Merchant Banker Services Pvt LtdIssue Size
1,372,800 shares(aggregating up to ₹16.47 Cr)Retail Portion
50%Subscription
8.74 timesIPO Docs
DRHPGrill Splendour Services Limited IPO Subscription Details
| As on | QIB / NII | Retail | Total |
|---|---|---|---|
| Shares Offered / Reserved | 651,600 | 651,600 | 1,303,200 |
| Day 1 - 15-04-24 06:00 PM | 0.38 x | 3.94 x | 2.16 x |
| Day 2 - 16-04-24 06:00 PM | 1.30 x | 6.69 x | 4.00 x |
| Day 3 - 18-04-24 06:00 PM | 4.69 x | 12.78 x | 8.74 x |
Grill Splendour Services Limited Valuations
EPS Pre IPO
₹5.19/-EPS Post IPO
₹1.78/-P/E Pre IPO
23.12P/E Post IPO
67.58RoNW
12.46%Grill Splendour Services Limited Company Financials All values are in ₹ Lakh
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Assets | 764.02 | 290.59 | 265.98 |
| Revenue | 1,531.62 | 1,152.27 | 825.22 |
| Profit After Tax | 199.10 | 3.46 | -3.63 |
About The Company
Incorporated in November 2019, Grill Splendour Services Limited is a chain of gourmet bakeries and patisseries in Mumbai, with 17 retail stores, a centralized production facility, and multiple corporate clients.
Grill Splendour Services Private Ltd. acquired Birdy's Bakery and Patisserie from WAH Restaurants Private Limited in November 2019 to expand their reach in the hospitality industry.
The product portfolio of the company can be divided into the following:-
Cakes & Pastries
Food Sale
Beverages
Desert Sales
The company manages its delivery logistics with 4 vehicles that run on fuel sourced from local petrol pumps.
As of February 29, 2024, the company employs 77 in various departments.
Grill Splendour Services Limited - Promoter(s)
Pre Issue Share Holding: 49.75%
Post Issue Share Holding: 36.64%
Company Promoter(s)
- Srinidhi V Rao
- Vandana Srinidhi Rao
- Vivek Vijaykumar Sood
Grill Splendour Services Limited IPO - Issue Objectives
- Funding additional Working capital requirements
- Pre-payment/Repayment, in full or part, of certain outstanding borrowings availed by the Company
- General Corporate Purposes
Other Details
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,Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Grill Splendour Services Limited IPO - FAQs
Ans. Grill Splendour Services Limited IPO is a SME IPO. The issue is priced at ₹120 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Apr 15, 2024, and closes on Apr 18, 2024. Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Ans. The Grill Splendour Services Limited IPO opens on Apr 15, 2024 and closes on Apr 18, 2024.
Ans. The size of Grill Splendour Services Limited IPO is 1,372,800 shares(aggregating up to ₹16.47 Cr).
Ans. The IPO price band is set between ₹120 per equity share.
Ans. To apply for Grill Splendour Services Limited IPO IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Grill Splendour Services Limited IPO in the List of IPOs
- - Press "Apply" Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Grill Splendour Services Limited IPO is Apr 19, 2024.
Ans. The Grill Splendour Services Limited IPO will be listed on Apr 23, 2024.
Ans. Follow the steps to check the allotment status for Grill Splendour Services Limited IPO here.
