The Grill Splendour Services IPO minimum market lot is 1200 shares with ₹144,000 application amount. The Grill Splendour Services IPO is a SME IPO, and it is to be listed on NSE.
Grill Splendour Services is a chain of gourmet Bakery and Patisserie spread across Mumbai through 17 retail stores, a centralized production facility, and multiple corporate clients. Out of these 17 retail stores, 5 stores are running under the franchisee model (franchisee-owned, and company-operated) and rest 12 stores are owned by them. For details on the franchisee agreement and locations, please refer to “Immovable Property” beginning on page 90 of the Prospectus. For details on the revenue earned through their franchisee-owned stores and their owned stores. They offer fresh food products from traditional to ‘made to order’ as required by the Customers. Both their Promoters individually have 30+ years of experience in the Hospitality industry.
IPOWatch View
We recommend investors may apply for an IPO with Longterm-views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Grill Splendour Services IPO Subscription Status – Day 3
| IPO Category | Subscription Numbers |
| QIB | 0.00 |
| NII | 4.59 |
| RII | 12.78 |
| Total | 8.68 |
Grill Splendour Services IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Grill Splendour Services IPO Review
- May Apply
Grill Splendour Services IPO Form
How to apply for the Grill Splendour Services IPO? You can apply for Grill Splendour Services IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Grill Splendour Services IPO in the Invest section. The other option is you can apply for Grill Splendour Services IPO via IPO forms downloaded online. Check out the Grill Splendour Services forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
