ISSUE OPEN
Grill Splendour Services Ltd.
Min Investment
₹144000
Subscribed Times
8x
Issues size
₹16 Crores
Price Range
₹120 - ₹120
Open on
15 Apr'24
Close on
18 Apr'24

Application Details

Lot Size
1200
Issue Size
₹16 Crores
Issue Type
Book Building

IPO Timeline

15
Apr'24
Issue Open
18
Apr'24
Issue Close
19
Apr'24
Finalization of Basis of Allotment
22
Apr'24
Initiation of refund
22
Apr'24
Transfer of shares to Demat Account
23
Apr'24
Listing Date

Shares Offered

Qualified Inst. Buyers
0.00
Non Inst. Buyers
50.00
Retails Ind. Buyers
50.00

Subscription Status 

(as of 18 Apr 2024)
Overall Status8.08x
Qualified Inst. Buyers
0.00x
Non Inst. Buyers
4.24x
Retails Ind. Buyers
12.34x

Objects of the offer

1. Funding Additional Working capital requirements
2. Pre-payment/Repayment, in full or part, of certain outstanding borrowings availed by our Company
3. General Corporate Purposes
4. Offer Expenses

Company’s Financials

Mar 2021
Mar 2022
Mar 2023
Equity Capital
Reserves and Surplus
Total Debt
Gross Block
Net Sales
PBIDT
PAT
Dividend
EPS
Book Value

Peer Comparison

Scrip NameRevenue(cr)Net Profit(cr)EPSCurrrent Ratio
Indian Hotels Company Ltd.6768.751259.078.8565.89
Jubilant Foodworks Ltd.5158.25353.25.3582.07
Devyani International Ltd.2997.722652.275.7
Mahindra Holidays & Resorts India Ltd.2704.6115.525.7275.73
Westlife Foodworld Ltd.2278.18111.587.16120.14
Sapphire Foods India Ltd.2265.57233.3636.6336.96
Restaurant Brands Asia Ltd.2054.28-221.23-4.46-22.4
EIH Ltd.2018.81314.585.0394.27
Barbeque-Nation Hospitality Ltd.1233.7617.024.36126.31
Chalet Hotels Ltd.1128.47183.338.41103.55

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Guide to IPO Investment

Company Contact Info

J1, Shram Siddhi Vinayak Premises Co-Op Soc Ltd C-105, 1st Floor,
J1, Shram Siddhi Vinayak Premises Co-Op Soc Ltd C-105, 1st Floor,Mumbai,Maharashtra-400037
Phone : 50029517

Book Running Managers

Inventure Merchant Banker Services P. Ltd.

Registrar & Transfer Agent

Bigshare Services Private Limited.
S6-2, 6th Floor, Pinnacle Business Park,Mahakali Caves Road, Next to Ahura Centre,Andheri East,Mumbai,Maharashtra-400093
Phone : 62638200
Fax :/

Offer Related Information

Initial public offering of up to 1372800 equity shares of face value of Rs.10.00 each (Equity Shares) of Grill Splendour Services Ltd.("The Company" or the "Issuer")
 for cash at a price of Rs. per equity share (including a premium of Rs.110.00 per equity share) ("Offer Price")
aggregating up to Rs.164736000 crores.
Offer Price: Rs. per equity share of face value of Rs.10.00 each.
The Offer Price is {ApplicationMoney/FaceValue} times of the face value
The minimum bid lot is 1200 equity shares and in multiples of 1200 equity shares thereafter
Single-click UPI-based IPO application
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