Grill Splendour Services IPO GMP, Review, Price, Allotment


Last updated on April 23, 2024

Grill Splendour Services IPO GMP

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
Grill Splendour Services

Promoters of Grill Splendour Services – Srinidhi V Rao, Vandana Srinidhi Rao, and Vivek Vijaykumar Sood

Grill Splendour Services IPO Details

Grill Splendour Services IPO Dates15 – 18 April 2024
Grill Splendour Services Issue PriceINR 120 per share
Fresh issue1,372,800 shares (INR 16.47 crore)
Offer For SaleNIL
Total IPO size1,372,800 shares (INR 16.47 crore)
Minimum bid (lot size)1,200 Shares (INR 144,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE Emerge

Grill Splendour Services Financial Performance

 FY 2021FY 2022FY 20238M FY 2024
Net income(0.04)0.031.990.62
Figures in INR Crores unless specified otherwise

Grill Splendour Services Offer News

Grill Splendour Services Valuations & Margins

FY 2021FY 2022FY 2023
PE ratio9.10
RONW (%)NA204.7399.16
EBITDA (%)1.542.2918.97
*Compiled by IPO Central from Prospectus

Grill Splendour Services IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
22 April 202487,200
20 April 202487,200
19 April 202487,200
18 April 202487,200
17 April 202487,000
16 April 202486,800
15 April 202486,500
13 April 202486,500
12 April 202476,500
11 April 2024108,000
10 April 2024108,000

Grill Splendour Services IPO Subscription – Live Updates

Shares Offered651,600651,6001,303,200
18 Apr 20244.6912.788.74
16 Apr 20241.416.624.02
15 Apr 20240.373.862.12

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 Date15 April 2024
IPO Closing Date18 April 2024
Finalization of Basis of Allotment19 April 2024
Initiation of refunds22 April 2024
Transfer of shares to demat accounts22 April 2024
IPO Listing Date23 April 2024
Opening Price on NSE SMEINR 121.30 per share (up 1.08%)
Closing Price on NSE SMEINR 127.35 per share (up 6.13%)

Grill Splendour Services Offer Lead Manager

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]

Grill Splendour Services Offer Registrar

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]

Grill Splendour Services IPO Contact Details

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]

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.


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