Grill Splendour Services Limited

  • Minimum Investment
    ₹1,44,000
  • Price Range
    ₹120 - ₹120
  • Issue Size
    ₹16.47 Cr
  • Lot Size
    1200 shares

This stock belongs to the SME (Small & Medium Enterprises) segment which usually has low liquidity and hence, is also riskier. It will be traded in a lot size of 2000 shares after listing.

Proceeds of this IPO to be used for

Funding additional working capital requirements

Pre-payment/repayment, in full or part, of certain outstanding borrowings availed by the company

General corporate purposes

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Grill Splendour Services Limited

Strong brand recognition

The brand Birdy’s was initially established as “Birdy’s by Taj”. It was later acquired by WAH Restaurants and subsequently acquired by the company. The primary objective of the company was to restore the quality and reputation of the brand

Chain of Stores

The company is a chain of gourmet bakery and patisserie spread across Mumbai and Thane through 17 retail stores, a centralized production facility and multiple corporate clients

Customer relationships

The company operates a chain of gourmet bakeries and patisseries across Mumbai and Thane, comprising 17 retail stores, a centralized production facility, and serving multiple corporate clients

Highly competitive industry

The company operates in a fiercely competitive industry, and its revenues, profits, or market share could be negatively impacted if it fails to compete effectively

Geographically concentrated

The business is concentrated geographically in Mumbai, Maharashtra. Any loss or shutdown of operations at any of the facilities in this area may have an adverse effect on the business

Negative cash flow

The company experienced negative cash flow from operating activities in recent fiscal periods. Sustained negative cash flow could adversely impact the business

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
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Total Non-Current Assets--
Fixed assets--
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Total Current Liabilities--
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Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
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About Grill Splendour Services Limited

Grill Splendour Services was incorporated on November 29, 2019. It operates a chain of gourmet bakeries and patisseries spread across Mumbai, with 17 retail stores, a centralized production facility, and several corporate clients. Out of these 17 retail stores, 5 operate under the franchise model, while the remaining 12 are owned by the company.
  • Promoter
    Srinidhi V Rao
  • Promoter
    Vandana Srinidhi Rao
  • Promoter
    Vivek Vijaykumar Sood

Grill Splendour Services Limited IPO FAQs

What is Grill Splendour Services Limited IPO?

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Grill Splendour Services Limited IPO refers to the initial public offering of shares by Grill Splendour Services Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Grill Splendour Services Limited IPO?

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For Grill Splendour Services Limited IPO the issue size is ₹16 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Grill Splendour Services Limited IPO?

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For Grill Splendour Services Limited IPO the minimum investment is ₹1,44,000. The minimum investment for Grill Splendour Services Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Grill Splendour Services Limited IPO?

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For Grill Splendour Services Limited IPO the lot size is 1200 shares. The lot size of Grill Splendour Services Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Grill Splendour Services Limited IPO on Share.Market?

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To apply for Grill Splendour Services Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Grill Splendour Services Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Grill Splendour Services Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Grill Splendour Services Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Grill Splendour Services Limited IPO?

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For Grill Splendour Services Limited IPO the allotment date is April 19, 2024. The allotment date of Grill Splendour Services Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Grill Splendour Services Limited IPO?

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For Grill Splendour Services Limited IPO, the subscription opens on April 15, 2024 and closes on April 18, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
8.73x Oversubscribed
Bidding Ongoing
-
Total Subscription
8.73x Oversubscribed