Barbeque Nation has filed DRHP on 17.02.2020 with SEBI for IPO - 18.02.2020
18 Feb, 2020
18 Feb, 2020
Barbeque Nation has filed for IPO on 17.02.2020 with SEBI. It is one of India's leading casual dining restaurant chains according to the Technopak Report. It is promoted by SHKSL which owns 45.09% shares in the company.
SHKSL was incorporated as Sayaji Housekeeping Services Limited on March 16, 2016 at Bengaluru. SHKSL is engaged in the business of providing services and expertise for various cleaning and housekeeping requirements as per the needs of facilities, organizations and/or business houses in India or elsewhere, and carries on the business of providing, inter alia, manpower, machines, and material connected with housekeeping and cleaning requirements.
SHKSL is promoted by Sayaji Hotel Limited, which is a listed company.
The first Barbeque Nation Restaurant was launched in 2006 by SHL, one of the promoters. They launched the first Barbeque Nation Restaurant in 2008, and subsequently acquired five Barbeque Nation Restaurants owned by SHL in 2012. They have steadily grown owned and operated Barbeque Nation Restaurant network from a single restaurant in Fiscal 2008 to 138 Barbeque Nation Restaurants in 73 cities in India and seven International Barbeque Nation Restaurants in three countries outside India as of November 30, 2019.
The Company was ranked 13th among best companies to work for in India across all categories by Economic Times “Great Places to Work” survey for 2019 conducted by Great Places to Work Institute.
For buying and more information of pre-IPO shares of Barbeque nation, please click here.
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