InvestorQ : When does Barbeque Nation come out with its IPO? What is the price band?
Gauravi Patel made post
IPO

When does Barbeque Nation come out with its IPO? What is the price band?

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Ankit Patil answered.
3 weeks ago
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Casual dining restaurant chain operator, Barbeque Nation Hospitality, will open its initial public offering for subscription on 24th March. The issue will close on 26th March. The IPO comprises a fresh issue of Rs180cr and an offer for sale of up to 54.57 lakh equity shares by existing selling shareholders.

The price band for the offer has been fixed at Rs498 – Rs500 per equity share. 75% of the total book size is reserved for qualified institutional buyers, 10% for retail investors, and the remaining 15% for non-institutional investors. Investors can bid for a minimum of 30 equity shares and in multiples of 30, thereafter.

IPO Snapshot:

IPO Opening DateMar 24, 2021
IPO Closing DateMar 26, 2021
Issue TypeBook Built Issue IPO
IPO PriceRs498 to Rs500/equity share
Market Lot30 Shares
Min Order Quantity30 Shares
Listing AtBSE, NSE
Basis of Allotment DateApr 1, 2021
IPO Listing DateApr 7, 2021

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