Grill Splendour Services IPO description – Grill Splendour Services was established in November 2019 as a hospitality company to acquire the bakery and confectionery business, including the Birdy’s Bakery and Patisserie brand, from WAH Restaurants Private Limited. With a presence across Mumbai, it operates 17 retail stores, a centralized production facility, and serves numerous corporate clients. Among these 17 retail outlets, 5 operate under the franchisee model (owned by franchisees but operated by the company), while the remaining 12 stores are owned directly by the company.
As of 29 February 2024, the company employs a total of 77 full-time employees. The company is involved in the sale of the following broad categories of products:
- Cakes & Pastries
- Food Sale
- Beverages
- Desert Sales
Promoters of Grill Splendour Services – Srinidhi V Rao, Vandana Srinidhi Rao, and Vivek Vijaykumar Sood
Table of Contents
Grill Splendour Services IPO Details
| Grill Splendour Services IPO Dates | 15 – 18 April 2024 |
| Grill Splendour Services Issue Price | INR 120 per share |
| Fresh issue | 1,372,800 shares (INR 16.47 crore) |
| Offer For Sale | NIL |
| Total IPO size | 1,372,800 shares (INR 16.47 crore) |
| Minimum bid (lot size) | 1,200 Shares (INR 144,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE Emerge |
Grill Splendour Services Financial Performance
| FY 2021 | FY 2022 | FY 2023 | 8M FY 2024 | |
| Revenue | 8.25 | 11.50 | 15.29 | 8.84 |
| Expenses | 8.13 | 11.26 | 12.41 | 7.75 |
| Net income | (0.04) | 0.03 | 1.99 | 0.62 |
Grill Splendour Services Offer News
- Grill Splendour Services RHP
- Grill Splendour Services Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
Grill Splendour Services Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.24) | 0.23 | 13.19 |
| PE ratio | – | – | 9.10 |
| RONW (%) | NA | 204.73 | 99.16 |
| NAV | – | – | 13.30 |
| EBITDA (%) | 1.54 | 2.29 | 18.97 |
Grill Splendour Services IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 22 April 2024 | 8 | – | 7,200 |
| 20 April 2024 | 8 | – | 7,200 |
| 19 April 2024 | 8 | – | 7,200 |
| 18 April 2024 | 8 | – | 7,200 |
| 17 April 2024 | 8 | – | 7,000 |
| 16 April 2024 | 8 | – | 6,800 |
| 15 April 2024 | 8 | – | 6,500 |
| 13 April 2024 | 8 | – | 6,500 |
| 12 April 2024 | 7 | – | 6,500 |
| 11 April 2024 | 10 | – | 8,000 |
| 10 April 2024 | 10 | – | 8,000 |
Grill Splendour Services IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 651,600 | 651,600 | 1,303,200 |
| 18 Apr 2024 | 4.69 | 12.78 | 8.74 |
| 16 Apr 2024 | 1.41 | 6.62 | 4.02 |
| 15 Apr 2024 | 0.37 | 3.86 | 2.12 |
The market maker reservation portion of 69,600 shares is not included in the above calculations.
Grill Splendour Services IPO Allotment Status
Grill Splendour Services IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Grill Splendour Services IPO Dates & Listing Performance
| IPO Opening Date | 15 April 2024 |
| IPO Closing Date | 18 April 2024 |
| Finalization of Basis of Allotment | 19 April 2024 |
| Initiation of refunds | 22 April 2024 |
| Transfer of shares to demat accounts | 22 April 2024 |
| IPO Listing Date | 23 April 2024 |
| Opening Price on NSE SME | INR 121.30 per share (up 1.08%) |
| Closing Price on NSE SME | INR 127.35 per share (up 6.13%) |
Grill Splendour Services Offer Lead Manager
INVENTURE MERCHANT BANKER SERVICES PRIVATE LIMITED
2nd Floor, Viraj Tower, Nr. Andheri Flyover (North End),
Western Express Highway, Andheri (East) Mumbai – 400 069
Phone:+91 22 4075 1500
Email: [email protected]
Website: www.inventuremerchantbanker.com
Grill Splendour Services Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: [email protected]
Website: www.bigshareonline.com
Grill Splendour Services IPO Contact Details
GRILL SPLENDOUR SERVICES LIMITED
J1, Shram Siddhi Vinayak Premises Co-Op Soc Ltd C-105,
1st Floor, Plot – 8, Wadala Truck Terminal Road,
Antop Hill, Mumbai – 400 037, Maharashtra
Phone: +91 22 5002 9517
E-mail: [email protected]
Website: www.birdys.in
Birdy’s IPO FAQs
What is the Grill Splendour Services offer size?
Grill Splendour Services offer size is INR 16.47 crores.
What is the Grill Splendour Services offer price band?
Grill Splendour Services public offer price is INR 120 per share.
What is the lot size of the Grill Splendour Services IPO?
Grill Splendour Services offer lot size is 1,200 shares.
What is Grill Splendour Services IPO GMP today?
Grill Splendour Services IPO GMP today is INR 8 per share.
What is the Grill Splendour Services kostak rate today?
Grill Splendour Services kostak rate today is INR NA per application.
What is Grill Splendour Services Subject to the Sauda rate today?
Grill Splendour Services is Subject to the Sauda rate today is INR 7,200 per application.
