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Grill Splendour Services Ltd IPO
NSE SME Fixed Price IPO Fresh Capital Closed Live Chart
GMP +₹0 +0% Est. Listing ₹120
Issue Price
₹120
Face ₹10
GMP
+₹0
+0% premium
Est. Listing
₹120
GMP based
Lot Size
1,200
shares / lot
Min Amount
₹144,000
1 lot · 1,200 shares
Live Price
tap to chart
Allotment
Important Dates
6/6 completed
Open
Close
Allotment
Refund
Demat
Listing
Done
Open Date
15 Apr 2024
Mon Completed
Done
Close Date
18 Apr 2024
Thu Completed
Done
Allotment
19 Apr 2024
Fri Completed
Done
Refund
22 Apr 2024
Mon Completed
Done
Demat Credit
22 Apr 2024
Mon Completed
Done
Listing Date
23 Apr 2024
Tue Completed
UPI Deadline: 18 Apr 2024
Issue Details
Pricing & Size
Issue Price
₹120 Face ₹10
Lot Size
1,200 shares
Min Investment
₹144,000
Total Issue Size
13,72,800 shares (aggregating up to ₹16.47 Cr)
IPO Information
Issue Type
Fixed Price IPO
Sale Type
Fresh Capital
Listing Exchange
NSE SME
Script / Ticker
-
Allocation Breakdown
Market Maker
69,600 (5.07%)
QIB Portion
-
NII / HNI
6,51,600 (47.47%)
Retail
6,51,600 (47.47%)
Employee
-
Net Offer to Public
13,03,200 shares (aggregating up to ₹15.64 Cr)
Shareholding Pattern
Pre-Issue Shareholding
38,35,400 shares
Post-Issue Shareholding
52,08,200 shares
Application Size
CategoryMin LotsSharesAmount
Retail (sNII) 1 1,200 ₹1,44,000
HNI / NII 2 2,400 ₹2,88,000
Objects of Issue
3 objectives
1
Funding additional Working capital requirements;
2
Pre-payment/Repayment, in full or part, of certain outstanding borrowings availed by the Company; and
3
General Corporate Purposes
Lead Managers & Market Maker
Book Running Lead Managers
Inventure Merchant Banker Services Pvt.Ltd
Market Maker
Rikhav Securities Ltd
IPO Timeline
Open
15 Apr
✓ Done
Close
18 Apr
✓ Done
Allotment
19 Apr
✓ Done
Listing
23 Apr
✓ Done
Registrar Details
Bigshare Services Pvt.Ltd
SEBI Registered Registrar & Transfer Agent
Phone
+91-22-6263 8200
Email
ipo@bigshareonline.com
Company Contact
Email
ipo@birdys.in
Phone
+91 22 5002 9517
Address
J1, Shram Siddhi Vinayak Premises Co-Op Soc Ltd C1 1st Floor, Plot - 8, Wadala Truck Terminal Road, Antop Hill, Mumbai, Maharashtra, 400037
Grey Market Premium
LIVE
Current GMP
+₹0
+0% vs Issue Price
Issue Price
₹120
Est. Listing
₹120
Lot Size
1,200 shares
P&L / Lot
+₹0
GMP is unofficial grey market data. Does not guarantee listing price or returns.
GMP Return Calculator
Estimated Listing
GMP %
Investment (1 Lot)
Total Investment
Expected P&L
ROI
Grill Splendour Services Ltd LIVE
INR ·
vs Issue
Open
High
Low
Mkt Cap
P/E
52W H
52W L
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| Price
Market Reference
IPO Issue Price
₹120
GMP
+₹0 (+0%)
GMP Est. Listing
₹120
Previous Close
Exchange
Data from Yahoo Finance. May be delayed 15–20 min. GMP is unofficial. Not investment advice.
Category-wise Subscription
Category Sub (×) Offered Bid For Amt (Cr)*
NII / HNI (Total) 6,51,600 (47.47%) ₹781.92 Cr
Retail Investors 6,51,600 (47.47%) ₹781.92 Cr
Total ** 13,72,800 (100.00%) ₹16,473.60 Cr
Market Maker * 69,600 (5.07%) ₹8.35 Cr
* Based on ₹120.00 (upper price band)
NII / HNI Breakdown
Shares Reserved
NII
6,51,600 (47.47%)
Retail
6,51,600 (47.47%)
Market Maker
69,600 (5.07%)
* Shares Offered and Total Amount are indicative. ** Excluding Market Maker portion. Data sourced from exchange bidding platform.
Financial Summary
Amount in ₹ Lakhs
Metric30 Nov 202331 Mar 202331 Mar 2022
Revenue885.641531.621152.27
PAT61.65199.103.46
EBITDA
Net Worth494.98200.791.69
Total Assets2211.54764.02290.59
Reserves111.44199.790.69
Borrowings
Key Financial Ratios
12.46%
RONW
Return on Net Worth
6.96%
PAT Margin
PAT / Revenue
1.50
D/E Ratio
Debt to Equity
9.30
P/BV
Price to Book Value
5.19
Pre EPS
EPS Pre-Issue
1.78
Post EPS
EPS Post-Issue
23.12
Pre P/E
P/E Pre-Issue
67.58
Post P/E
P/E Post-Issue
About Grill Splendour Services Ltd

Established in November 2019, Grill Splendour Services Limited is a chain of gourmet bakeries and patisseries in Mumbai with 17 retail outlets, a central manufacturing facility, and several corporate clients operating under the brand name Birdy's.

Grill Splendour Services Private Ltd. acquired Birdy's Bakery and Patisserie from WAH Restaurants Private Limited in November 2019 to expand its reach in the hospitality industry.

The company's product portfolio can be divided into the following areas

  • Cakes and pastries
  • Sale of food products
  • Beverages
  • Sale of desserts

The company has 17 retail stores, 5 of which are operated under a franchise model (franchisee-owned, and company-operated), while the remaining 12 stores are owned by the company.

As of February 29, 2024, the company employed 77 people in various departments.

Frequently Asked Questions
What is the issue price of Grill Splendour Services Ltd IPO?
The issue price of Grill Splendour Services Ltd IPO is ₹120 per share, face value ₹10.
What is the lot size?
Minimum lot size is 1,200 shares, requiring ₹144,000.
What are the IPO dates?
Opens 15 Apr 2024, closes 18 Apr 2024.
When is the listing date?
Tentative listing: 23 Apr 2024 on NSE SME.
What is the current GMP?
Current GMP is +₹0, estimated listing ₹120 (+0%). GMP is unofficial.
How to apply?
Apply via ASBA through your bank, or via UPI through any broker app.

Check Allotment Status

Grill Splendour Services Ltd IPO · Expected 19 Apr 2024

Check on Registrar
Post-IPO Timeline
Allotment Date
19 Apr 2024
Refund Initiation
22 Apr 2024
Demat Credit
22 Apr 2024
Listing Date
23 Apr 2024
Live Price LIVE
Quick Facts
Closed
GMP Signal
Bullish
+₹0
+0%
Issue Price
₹120
Face ₹10
Lot Size
1,200
shares / lot
Min Amount
₹144,000
1 lot
Est. Listing
₹120
GMP +₹0
Key Dates
Open
15 Apr Done
Close
18 Apr Done
Listing
23 Apr Done
Registrar
Bigshare Services Pvt.Ltd
A
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