Barbeque Nation Limited Unlisted Shares
Who They Are?
They own and operate Barbeque Nation Restaurants, one of India’s leading casual dining restaurant chains according to the Technopak Report.
The first Barbeque Nation Restaurant was launched in 2005 by Sayaji Hotels, one of their promoters. Five Barbeque Nation Restaurants owned by Sayaji Hotels were transferred to the company in 2012.
They have steadily grown their owned and operated Barbeque Nation Restaurant network from a single restaurant in Fiscal 2007 to 81 Barbeque Nation Restaurants in 42 cities in India (including one currently under renovation) and one restaurant in Dubai as of June 30, 2017. In addition, as of June 30, 2017, they had granted the franchise rights of one Barbeque Nation Restaurant.
What Food Company Offers?
Through their Barbeque Nation Restaurants, they pioneered ‘over the table barbeque’ concept in Indian restaurants according to the Technopak Report.
Under live grills which are embedded in dining tables allow the guests to grill their own barbecues. The company believes their Barbeque Nation Restaurants, compared to other fixed price dining options, offer competitive attractions such as a wide range of vegetarian and non-vegetarian appetizers and main courses, a popular dessert menu, a pleasant and casual dining environment, and prompt service.
They also periodically run popular food festivals at Barbeque Nation Restaurants offering guests a range of Indian, International and Fusion cuisines.
They are one of the few Indian companies in the organized Casual Dining Restaurant (“CDR”) segment to have the own in-house chef training school for the development of new products.
Collaboration with American Hamburger Food Chain
They have recently diversified into a second brand, becoming the India franchisee of the American hamburger chain, Johnny Rockets.
As of June 30, 2017, they had five Johnny Rockets Restaurants in operation (they are currently in the process of relocating one of their Johnny Rockets Restaurants) and an additional one Johnny Rockets Restaurant was under construction. They intend to scale up their Johnny Rockets Restaurants, currently located in Bengaluru, Delhi, and Gurugram, to other Metro cities and Tier-I cities as well.
Awards and Recognitions
They were ranked among the top 50 companies to work for in India across all categories by Economic Times “Great Places to Work” survey for 2016 and 2017 by Great Places to Work Institute in collaboration with the Retailers Association of India. They were also voted among the top ten employers within the Indian retail
industry for 2017.
a) The company in FY18-19 has shown a consolidated Revenue of 742 Cr up by 25% as compared to last year.
b) The EBITDA in FY18-19 stands at 77 Cr down by 5.5% as compared to last year due to an increase in Employee Benefits Expense and Other Operating expenses.
c) The company this year has come in a loss. They incurred a loss of 10 Cr as compared to a profit of 14 Cr last year.
Barbeque Nation Limited Unlisted Shares Details:
|Total Available Shares:||500|
|Face Value:||₹ 5 Per Equity Share|
|Lot Size:||100 Shares|
|Current Unlisted Share Price:||₹ 840-860 Per Equity Share|
|Retail Discount:||Bulk Deal (1%)|
Promoters And Management:
Financials of Barbeque Nation Limited Unlisted Shares:
( Figures in Million)