Grill Splendour Services IPO Date, Review, Price, Allotment Details

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.

Grill Splendour Services Private Ltd. was incorporated in November 2019 as a hospitality company to acquire the bakery and confectionary business along with the brand Birdy’s Bakery and Patisserie from WAH Restaurants Private Limited. The acquisition was done via a Business Transfer and Intellectual Property Assignment Agreement dated December 27, 2019 (Acquisition Agreement). After that, the company proceeded to invest in the business grow the brand, and spread presence.

The brand Birdy’s was originally set up as “Birdy’s by Taj”. Over a period, it was sold to WAH Restaurants Private Limited, and from them, the same was acquired by them vide the above referred Acquisition Agreement. The primary focus of their Company was to bring back the quality and sheen of the brand. We did that over the last few years by a series of initiatives.

Objects of the Issue:

• Funding additional Working capital requirements.
• Pre-payment/Repayment, in full or part, of certain outstanding borrowings availed by the Company.
• General Corporate Purposes.

Grill Splendour Services IPO Review

• Avoid

Grill Splendour Services (Birdy’s) IPO Date & Price Band Details

Grill Splendour Services IPO Market Lot

The Grill Splendour Services IPO minimum market lot is 1200 shares with a ₹144,000 application amount.

Grill Splendour Services (Birdy’s) IPO Dates

The Grill Splendour Services IPO date is April 15 and the IPO close date is April 18. The IPO allotment date is April 19 and the IPO might list on April 23.

You can check IPO subscription status and IPO allotment status on their respective pages.

Grill Splendour Services IPO Form

How to apply Grill Splendour Services IPO? You can apply 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 you can apply Grill Splendour Services IPO via IPO forms download via the NSE website. Check out the Grill Splendour Services forms – click NSE IPO Forms download, fill and submit in your bank or with your broker.

Grill Splendour Services Company Financial Report

Grill Splendour Services (Birdy’s) IPO Valuation – FY2023

Check Grill Splendour Services IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group

• Westlife Foodworld
• Sapphire Foods
• Jubilant Foodworks

Company Promoters

• Srinidhi V Rao
• Vandana Srinidhi Rao
• Vivek Vijaykumar Sood

Grill Splendour Services IPO Registrar

Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com

Grill Splendour Services IPO Allotment Status

Check Grill Splendour Services IPO allotment status on Bigshare website URL. Click Here

Grill Splendour Services IPO Lead Managers aka Merchant Bankers

• Inventure Merchant Banker Services Pvt Ltd 

Company Address

Grill Splendour Services Limited
J1, Shram Siddhi Vinayak Premises Co-Op Soc Ltd C1
1st Floor, Plot – 8, Wadala Truck Terminal Road,
, Antop Hill, Mumbai – 400 037,
Phone: +91 22 5002 9517
Email: [email protected]
Website: https://www.birdys.in/

Grill Splendour Services IPO FAQs