Hence, we recommend "Subscribe for long term". The IPO is valued at 12.2x of FY20 EV/EBITDA and 2.4x of FY20 EV/Sales, which looks attractive when compared to peers like Jubilant FoodWorks and Burger King India.

Is Barbeque Nation IPO profitable?

New Delhi: Barbeque Nation Restaurants' Rs 453 crore initial public offer (IPO) opens today (March 24) for subscription. ... However, between FY18 and FY20, its revenues grew by 20% annually to Rs 847 crore from Rs 509 crore while its profits fell from Rs 14 crore to a net loss of Rs 33 crore.

How many times is BBQ Nation IPO subscribed?

Barbeque Nation IPO Subscription Status Live

Barbeque Nation IPO subscribed 5.98 times. The public issue subscribed 13.13 times in the retail category, 5.11 times in QIB, and 3.10 times in the NII category by Mar 26, 2021.

How is Barbeque Nation IPO?

Barbeque Nation Hospitality had filed preliminary papers for the IPO in February last year. It received Sebi's approval in July 2020 to float the IPO. Barbeque Nation Hospitality, owns and operates Barbeque Nation Restaurants. It also operates Toscano restaurants and UBQ by Barbeque Nation Restaurant.

Why Barbeque Nation is in loss?

The surge in revenues in the quarter is largely down to base effect as the year-ago quarter was adversely affected by the national lockdown to contain the spread of Covid-19 in the country. ... The company's consolidated revenue from operations soared 941 per cent year-on-year to Rs 102 crore in the reported quarter.

Barbeque Nation IPO - Should you Invest or Not? Parimal Ade

Is Barbeque Nation in loss?

MUMBAI: Newly-listed company Barbeque-Nation Hospitality today reported a consolidated net loss of Rs 42.6 crore for the quarter ended June as against a net loss of Rs 59.6 crore in the year-ago quarter.

Why Barbeque Nation IPO is an undercooked overpriced spread?

Yet, Barbeque Nation IPO (initial public offering), which opened last week and is likely to get listed on April 7, offers little value to potential investors. ... Allotment for retail investors has been oversubscribed 13x while that for qualified institutional buyers is oversubscribed 5x.

Who owns Barbeque Nation?

The promoters of Barbeque Nation Hospitality are Sayaji Hotels, Sayaji Housekeeping Services, Kayum Dhanani, Raoof Dhanani and Suchitra Dhanani. Promoter and promoter group's shareholding stood at 47.80 percent and the rest is held by public shareholders.

How do I get a Barbeque Nation franchise?

1. Area. To set up an outlet of Barbeque Nation entailing the kitchen, store and the restaurant area, you need a minimum area of 4000 to 5000 sq ft. ...
2. Investment. ...
3. Skills & Training. ...
4. Agreement and Legal Aspects. ...
5. Step into the Shoes…

Which share will buy today?

• Minda Corporation (₹147.9): Buy. ...
• EID Parry (₹472.4): BUY. ...
• Equitas Small Finance Bank (₹68.6): BUY. ...
• Mahindra & Mahindra (₹878.15): BUY. ...
• NHPC (₹30.25): Buy. ...
• Aditya Birla Fashion and Retail (₹255.85): BUY. ...
• Can Fin Homes (₹710.55): BUY. ...
• Indus Towers Ltd (₹308.7): SELL.

How many barbeque nations are there in India?

Barbeque Nation was founded in 2006 by one of our Promoters. We currently own and operate 150 outlets in India, 5 outlets in UAE, 1 outlet in Malaysia and 1 outlet in Oman.

How do I get Barbeque Nation coupons?

You can get Barbeque Nation coupons from online stores like TalkCharge. Visit the website or mobile app and go to the Barbeque Nation store page and browse through all the latest coupons and offers available.

Is BBQ a grill?

Grilling and barbecue are very different techniques of cooking. Grilling is typically small foods, cooked hot and fast with no smoke, often with no lid, and over high heat. Barbecue is typically larger cuts, cooked low and slow, with the lid on and is like roasting, but often with smoke.

What is the GMP of Barbeque Nation IPO?

The initial public offer comprised a fresh issue of Rs 180 crore and an offer for sale of 54,57,470 equity shares. Price range for the offer was at Rs 498-500 per share. In the grey market, the GMP of Barbeque Nation shares has fallen to Rs 10-12 from Rs 40 a week ago. The scrip is trading in the Rs 510-512 range.

How do I purchase an IPO?

1. Step 1: You may acquire the physical application form from a broker or a distributor or a bank branch. ...
2. Step 2: You can then fill the form with your details, both personal and bank and demat account related.
3. Step 3: Provide your total investment amount.

Are drinks free in Barbeque Nation?

It's Cheers'O' clock at Barbeque Nation. Enjoy a round of complimentary drinks during lunch (Wed-Sun). T&C apply.

Which day is cheapest in Barbeque Nation?

Available Coupons

Here's another reason to visit Barbeque Nation this Monday Tuesday – unlimited, delicious grills at special prices for lunch and dinner (taxes applicable).

Which franchise is best in India?

• 1) Patanjali.
• 2) Domino's.
• 3) Archies.
• 4) PMKVY Franchise.
• 4) Dr. Batra's Clinic.
• 5) KFC.
• 6) First Cry.
• 7) Lenskart.

How much does it cost to buy a McDonald's franchise?

How much is a McDonald's Franchise? The total investment necessary to begin operation of a traditional McDonald's franchise ranges from $1,008,000 to $2,214,080. This includes an initial franchise fee of $45,000.00 that must be paid to the franchisor.