Barbeque Nation IPO: Here's How To Check Share Allotment Status
Barbeque Nation Hospitality, the casual-dining restaurant chain, is likely to finalise the initial public offering (IPO) allocation around April 1, as per the schedule available in the red herring prospectus. The Rs 453 crore initial public offering, which was open for bidding between March 24 and March 26, was subscribed almost six times. The qualified institutional buyers portion was subscribed 5.11 times, non-institutional investors attracted 3.10 times subscription and portion set aside for retail investors, 13.13 times.
The IPO comprised a fresh issue of Rs 180 crore and an offer for sale of Rs 273 crore shares by the existing shareholders. The company will use the funds to repay its debt.
IIFL Securities, Axis Capital, Ambit Capital and SBI Capital Markets are the book running lead managers, while Link Intime India is the registrar to the issue.
Here's how to check the allotment status of Barbeque Nation IPO:
Registrar's website (Link Intime India)
- Select 'Barbeque Nation Hospitality Limited - IPO' in the dropdown list
- Enter either PAN, application number or DP Client ID
- Click on the 'search' button
BSE website
- Check box 'equity' under issue type
- Select 'Barbeque-Nation Hospitality Limited' in the dropdown list
- Enter 'application number' and 'PAN number'
- Click on the 'search' button
Barbeque Nation Hospitality operates 147 Barbeque Nation restaurants in 77 Indian cities and six restaurants in UAE, Oman and Malaysia.
