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Grill Splendour Services IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Mumbai and caters to Hotels And Resorts - QSR sector. Inventure Merchant Banker Services Private is the merchant banker of Grill Splendour Services IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 11th March 2024.
Grill Splendour Services IPO open date is 15th April 2024 and close date is 18th April 2024. IPO Allotment Date is 19th April 2024 and Listing date is 23rd April 2024.Grill Splendour Services IPO size is Rs 16.47 Cr. crores with IPO price of Rs 120.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Inventure Merchant Banker Services Private Limited is the book-running lead manager of the Grill Splendour Services IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Rikhav Securities Limited for Grill Splendour Services IPO.
Grill Splendour Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Grill Splendour Services IPO, based in Mumbai, operates in the Hotels And Resorts - QSR sector with a focus on chain of gourmet bakeries and patisseries. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. Grill Splendour Services IPO size is ₹ 16.47 Cr. Crores with fresh issue size of Rs 16.47 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for Grill Splendour Services IPO is expected to be 19th April 2024, after the finalization of basis of allotment. Investors can check Grill Splendour Services IPO allotment status on the registrars website, Bigshare Services Private Limited. Grill Splendour Services IPO refund dates are 22nd April 2024.
Grill Splendour Services IPO is expected to be listed on 23rd April 2024.
The upper price band for the Grill Splendour Services IPO is set at ₹ 120.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Grill Splendour Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Grill Splendour Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 18th April 2024. After submission, funds are blocked until the basis of allotment of Grill Splendour Services IPO is finalised.
The merchant banker for Grill Splendour Services IPO is Inventure Merchant Banker Services Private Limited . Inventure Merchant Banker Services Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Grill Splendour Services IPO RHP for further details.
The registrar for Grill Splendour Services IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Grill Splendour Services IPO through their official website or helpline.
Grill Splendour Services IPO was subscribed 8.68 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 16.47 Cr.
Avg IPO Size (Sector Based)
:
₹ 12.00 Cr.
Sector: Hotels And Resorts - QSR
SME IPO so far:
2
Merchant Banker:
Inventure Merchant
SME IPO by BRLM so far:
47
City:
Mumbai
SME IPO so far:
280
Revenue (annualised):
₹ 13.26 cr.
PE
Ratio:
67.58x
Average Sector PE Ratio: 16.14x
Grill Splendour Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Grill Splendour Services Financial Review Page
Merchant Banker(s) of Grill Splendour Services IPO: Inventure Merchant Banker Services Private Limited
Grill Splendour Services IPO subscription was 8.68 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Grill Splendour Services IPO listed at a listing price of 127.35 against the offer price of 120.00.
The current market price of Grill Splendour Services is 91.30.
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