Recently Viewed
Clear AllBidding Date
15-Apr-2024 to
18-Apr-2024
Issue Size
₹16.47 Cr
Price Band
₹120
Allotment date
19-Apr-2024
Listing date
23-Apr-2024
Lot size
1200
No. of shares
13,72,800
Fresh issue/OFS
₹16.47 Cr /--
Grill Splendour Services, was established in November 2019 as a hospitality company with the objective of acquiring the bakery and confectionary business, including the brand Birdy’s Bakery and Patisserie, from WAH Restaurants Private Limited. The acquisition was executed through a Business Transfer, dated December 27, 2019. Their core offerings include a wide range of fresh food products, ranging from traditional bakery items to made-to-order delicacies tailored to customer preferences. The company specializes in the sale of the following product categories: Cakes & Pastries, Food items, Beverages and Desserts, etc. The company operates as a chain of gourmet Bakery and Patisserie establishments across Mumbai, with a total of 17 retail stores, a centralized production facility, and catering services to multiple corporate clients. Out of these 17 retail stores, 5 operate under the franchisee model (franchisee-owned and company-operated), while the remaining 12 stores are company-owned.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
8.3x
The issue size of Grill Splendour Services is ₹16.47 Cr.
Grill Splendour Services falls into Food Processing industry.
The Grill Splendour Services IPO will be listed on BSE.
The open and close dates for the Grill Splendour Services are 15-Apr-2024 & 18-Apr-2024.
The price band for the Grill Splendour Services ipo is ₹120
The listing date of Grill Splendour Services IPO is 23-Apr-2024.
The purpose of this IPO is to raise fresh capital.
Grill Splendour Services total subscription ratio is 8.3X.
Key financial of the Grill Splendour Services are:
| Grill Splendour Services | FY-24 | FY-23 | FY-22 | FY-21 |
|---|---|---|---|---|
| Revenue (₹ Cr) | 13.47 | 15.29 | 11.5 | 8.25 |
| EBIT (₹ Cr) | 0.51 | 2.72 | 0.13 | 0.06 |
| Proft after Tax (₹ Cr) | -0.24 | 1.99 | 0.03 | -0.04 |
| Debt (₹ Cr) | 15.49 | 3 | 1.35 | 0.97 |
| Net Worth (₹ Cr) | 4.1 | 2.01 | 0.02 | -0.02 |
| RoE (%) | -5.8 | 99.16 | 204.73 | 0 |