Barbeque Nation IPO

The Barbeque Nation IPO will hit the market on March 24, 2021, in the fixed price range of Rs 498-500. The casual dining chain is looking to rake Rs 452-453 crores from the market with Rs 180 crores of fresh an offer for sales of 54,57,470 equity shares. Investors will get a chance to subscribe until March 26, 2021.

Barbeque Nation IPO

Issuer

Barbeque Nation Hospitality Limited

IPO Date : 24th March 2021 - 26th March 2021
Price Band
₹498 to ₹500 per equity share

Issue Size
₹ 452 Cr - ₹ 453 Cr

Face Value
₹5 per equity share

Market Lot
30 Shares

Listing At
NSE,BSE
₹0 Free Equity Delivery
₹20/- For Intraday, F&O, Currencies & Commodities

Already an existing customer? - Login Now!

Barbeque Nation Information

The casual dining chain is one of the leading restaurant chains in India, known for offering great food, ambiance, and excellent customer service. Incorporated in 2006, the first restaurant started operating in 2008. As of November 2019, it had 138 restaurants in 73 Indian cities and three restaurants abroad.

Apart from the Barbeque Nation, the brand also owns Toscano restaurants and UBQ, catering to the delivery section. Recently, the brand diversified with ‘Red Apple’ and founded 10 Italian restaurants in two cities - Bengaluru and Chennai.

Competitive strength

  • Strong brand value with over a hundred operative restaurants
  • One of the fastest-growing casual restaurant chain
  • A diversified offering of food
  • Robust financials with steady growth in revenue

Barbeque Nation IPO Important Dates

The below table has important dates with respect to the Barbeque Nation IPO allotment and listing :
Bid/Offer Opens On 24-Mar-21
Bid/Offer Closes On 26-Mar-21
Finalization Of Basis Of Allotment 01-Apr-21
Initiation Of Refunds 05-Apr-21
Credit Of Shares To Demat Acct 06-Apr-21
IPO Shares Listing Date 07-Apr-21
UPI Mandate Expiry Date 12-Apr-21

Barbeque Nation IPO Latest News & Subscription Status Today [Live]

Today, March 25, 2021, is the second day of the Barbeque Nation IPO. This popular IPO is backed by the heavyweight Rakesh Jhunjhunwala. The IPO has equity shares priced at Rs.498-Rs.500 with a market lot of 30 shares. It closes on March 26, 2021. The allotment date is April 1, 2021, and the shares listing date is April 7, 2021.

It is the final day of the Barbeque Nation IPO today, 26th March, 2021. The IPO began on 24th March, 2021. Shares of this IPO are priced from Rs.498 to Rs.500/equity share. The allotment date is April 1, 2021, and the share listing date is April 7, 2021.
March 26: Day 3
March 25: Day 2
March 24: Day 1

Here’s the final update for the Barbeque Nation IPO that started on 24th March, 2021, and closed today, 26th March, 2021. Equity shares are priced between Rs.498 and Rs.500 each share. The allotment date is 1st April, 2021, while the share listing date is 7th April, 2021. 

 

At 05:00 p.m

- This IPO has been subscribed 5.98x by 05:00 p.m. on Day 3.

- It is a public issue with 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 3.10x 

- Employees: 1.02x 

- (RII) Retail individual investors: 13.13x 

- (QIB) Qualified institutional buyers: 5.11x 

At the close of the Barbeque Nation IPO, subscriptions have reached a good 5.98x, with NII at 3.10x, RII at 13.13x, and employees at 1.02x. After a slow start on Day 1 and a slow climb on Day 2, this IPO has performed better on the closing day. It has indeed been an intriguing day, and all eyes will now be on how Barbeque Nation performs in the market in the near future.

 

At 03:48 p.m

- This IPO has been subscribed 12.92x by 03:48 p.m. on Day 3.

- It is a public issue with 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 2.00x 

- Employees: 0.97x 

- (RII) Retail individual investors: 12.92x 

- (QIB) Qualified institutional buyers: 4.94x 

At what’s almost the end of the Barbeque Nation IPO Final Day, subscriptions have reached 5.56x, with NII climbing to 2x, employees remaining at 0.97x, and RII and QIB growing steadily to 12.92x and 4.94x respectively. This IPO indeed gets more interesting each hour and all eyes are now on the closing figures.

 

At 02:58 p.m

- This IPO has been subscribed 5.00x by 02:58 p.m. on Day 3.

- It is a public issue with 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 0.27x 

- Employees: 0.96x 

- (RII) Retail individual investors: 12.46x 

- (QIB) Qualified institutional buyers: 4.94x 

The third day of Barbeque Nation IPO is an eventful one, with subscriptions jumping to 5x by the afternoon. There’s a jump in the QIB too, with 4.94x. RII is steadily rising while NII and employees remain hardly touched. Watch this space for upcoming and closing updates on this IPO.

 

At 01:48 p.m

- This IPO has been subscribed 3.01x by 01:48 p.m. on Day 3.

- It is a public issue with 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 0.21x 

- Employees: 0.86x 

- (RII) Retail individual investors: 11.80x 

- (QIB) Qualified institutional buyers: 1.51x 

On the afternoon of Day 3, the Barbeque Nation IPO has reached a good 3.01x. RII has reached 11.80x, while QIB has gone past the 1 mark with 1.51x, and NII and employees remain below 1, with 0.21x and 0.86x respectively. Stay tuned for more updates from the day.

 

At 12:49 p.m

- This IPO has been subscribed 2.91x by 12:49 p.m. on Day 3.

- It is a public issue with 5,457,470 equity shares.

Status of Subscription

- (NII) Non-institutional buyers: 0.20x 

- Employees: 0.81x 

- (RII) Retail individual investors: 11.37x 

- (QIB) Qualified institutional buyers: 1.48x 

The Barbeque Nation IPO has reached a significant point in the afternoon of Day 3, with 2.91x subscriptions, 11.37x RII, and 1.48x QIB. NII and employees continue to remain low. The rest of the day seems to have interesting movements in store.

 

At 11:45 a.m

- This IPO has been subscribed 2.32x by 11:49 a.m. on Day 3.

- It is a public issue with 5,457,470 equity shares.

Status of Subscription

- (NII) Non-institutional buyers: 0.12x 

- Employees: 0.75x 

- (RII) Retail individual investors: 10.83x 

- (QIB) Qualified institutional buyers: 0.61x 

From 1.98x at the closing of Day 2, the Barbeque Nation IPO has come to 2.32 on the morning of Day 3. Retail individual investors are showing a decent growth and have reached 10.83x, while NII, QIB, and employees are still hardly showing movement. Let us wait and watch how this IPO performs in the remainder of closing day.

 

At 10:45 a.m

- This IPO has been subscribed 2.13x by 05:00 p.m. on Day 3.

- It is a public issue with 5,457,470 equity shares.

Status of Subscription

- (NII) Non-institutional buyers: 0.11x

- Employees: 0.74x

- (RII) Retail individual investors: 10.53x

- (QIB) Qualified institutional buyers: 0.37x

At the close of Day 2, the Barbeque Nation IPO had been subscribed 1.98x, while it has begun at 2.13 on the morning of Day 3. RII has risen to a good 10.53x, while the NII, QIB, and employee figures have hardly moved, just like the past 2 days. All eyes will be fixed on the happenings throughout Day 3 now.

The second day of Barbeque Nation IPO comes to a close today, 25th March, 2021. It began yesterday, 24th March, 2021 and closes tomorrow, 26th March, 2021. Shares have been priced at Rs.498 to Rs.500 per equity share. The date for allotments is 1st April, 2021, and that for share listing is 7th April, 2021.

 

At 05:00 p.m

- This IPO has been subscribed 1.98x by 05:00 p.m. on Day 2.

- It is a public issue with 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 0.10x 

- Employees: 0.70x 

- (RII) Retail individual investors: 9.66x 

- (QIB) Qualified institutional buyers: 0.37x 

At the close of Day 2 of the Barbeque Nation IPO, it has been subscribed 1.98 times, with retail individual investors contributing the most (9.66x). The figures for NII, QIB, and employees remained very low throughout Day 2 as well. It would be indeed interesting to see how this IPO fares on its closing day tomorrow.

 

At 03:48 p.m

- This IPO has been subscribed 1.85x by 03:48 p.m. on Day 2.

- It is a public issue with 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 0.09x 

- Employees: 0.59x 

- (RII) Retail individual investors: 9.01x 

- (QIB) Qualified institutional buyers: 0.37x 

While Day 2 of the Barbeque Nation IPO is about to end, the IPO has now been subscribed 1.85x, with RII increasing steadily to 9.01x. NII, employees, and QIB haven’t shown a lot of movement since Day 1. Watch this space for more updates from Day 2 and Day 3.

 

At 02:48 p.m

- Barbeque Nation IPO has been subscribed 1.80x by 02:48 p.m. on the second day.

- It’s a public issue of 5,457,470 equity shares. 

Status of Subscription

- Employees: 0.54x the reserved portion

- (QIB) Qualified institutional buyers: 0.37x the reserved portion

- (NII) Non-institutional buyers: 0.09x the reserved portion

- (RII) Retail individual investors: 8.73x the reserved portion

Day 2 of the Barbeque Nation IPO is showing some interesting developments. The IPO has now been subscribed 1.80 times, with the RII figure having risen steadily to 8.73x now. QIB, NII, and employees haven’t shown much movement yet. Stay with us for further updates from Day 2 and Day 3.

 

At 01:48 p.m

- Barbeque Nation IPO has been subscribed 1.70x by 01:48 p.m. on the second day.

- It’s a public issue of 5,457,470 equity shares. 

Status of Subscription

- (QIB) Qualified institutional buyers: 0.37x the reserved portion

- (NII) Non-institutional buyers: 0.08x the reserved portion

- (RII) Retail individual investors: 8.19x the reserved portion

- Employees: 0.47x the reserved portion

On day 2 of the Barbeque Nation IPO, all figures are rising slowly. The IPO has been subscribed close to twice now, and retail individual buyers are growing steadily. However, QIB, NII, and employees haven’t shown much change yet. Stay tuned to find out more updates through the rest of Day 2 and Day 3.

 

At 12:49 p.m

- Barbeque Nation IPO has been subscribed 1.66x by 12:49 p.m. on the second day.

- It’s a public issue of 5,457,470 equity shares. 

Status of Subscription

- (QIB) Qualified institutional buyers: 0.37x the reserved portion

- (NII) Non-institutional buyers: 0.08x the reserved portion

- (RII) Retail individual investors: 7.93x the reserved portion

- Employees: 0.47x the reserved portion

On its second day, the Barbeque Nation IPO is slowly climbing upwards. However, substantial change hasn’t been noticed in any of the figures, including NII, QIB, RII, and employees. Stay tuned for updates through the rest of the day.

 

At 11:49 a.m

- Barbeque Nation IPO has been subscribed 1.59x by 11:49 a.m. on the first day.

- It’s a public issue of 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 0.08x the reserved portion

- (RII) Retail individual investors: 7.60x the reserved portion

- (QIB) Qualified institutional buyers: 0.37x the reserved portion

- Employees: 0.46x the reserved portion

On Day 2, the Barbeque Nation IPO is showing some slow growth towards the afternoon. RII is increasing at the same pace as Day 1, while NII, QIB, and employees still remain below 1. What happens in the rest of Day 2 remains to be seen, now.

 

At 10:29 a.m

- Barbeque Nation IPO has been subscribed 1.49x by 10:29 a.m. on the first day.

- It is a public issue of 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 0.07x the reserved portion

- (RII) Retail individual investors: 7.05x the reserved portion

- (QIB) Qualified institutional buyers: 0.37x the reserved portion

- Employees: 0.44x the reserved portion

On Day 2, the RII figures have kicked off to a decent start. However, RII, NII, and QIB figures are still below 1 and sluggish. Given the negative sentiments experts had about this IPO, the performance isn’t very surprising.

 

At 05:00 p.m

- Barbeque Nation IPO has been subscribed 1.33x by 05:00 p.m. on the first day.

- It is a public issue of 5,457,470 equity shares. 

Status of Subscription

- (QIB) Qualified institutional buyers: 0.37x the reserved portion

- (RII) Retail individual investors: 6.14x the reserved portion

- (NII) Non-institutional buyers: 0.07x the reserved portion

- Employees: 0.41x the reserved portion

The Barbeque Nation IPO moved quite sluggishly on Day 1, with the closing figures for QIB, employees, and NII showing little improvement from the morning ones. The RII, however, rose quite a bit throughout the day. Stay tuned for the next 2 days of updates on this IPO.

 

At 03:49 p.m

- Barbeque Nation IPO has been subscribed 0.94x by 03:49 p.m. on the first day.

- It is a public issue of 5,457,470 equity shares. 

Status of Subscription

- (QIB) Qualified institutional buyers: 0.00x the reserved portion

- (RII) Retail individual investors: 5.14x the reserved portion

- (NII) Non-institutional buyers: 0.05x the reserved portion

- Employees: 0.21x the reserved portion

The popular restaurant chain’s IPO continues its slow movement on Day 1, with the near-closing figures not too far from its opening figures. QIB remains at zero, while NII and employees have shown scarce movements. The RII continues to increase steadily. Let us see where this IPO reaches by the end of Day 1.

 

At 02:49 p.m

- Barbeque Nation IPO has been subscribed 0.82x by 02:49 p.m. on the first day.

- It is a public issue of 5,457,470 equity shares. 

Status of Subscription

- (RII) Retail individual investors: 4.46x the reserved portion

- (NII) Non-institutional buyers: 0.04x the reserved portion

- Employees: 0.13x the reserved portion

- (QIB) Qualified institutional buyers: 0.00x the reserved portion

The popular Barbeque Nation IPO has progressed at a slow pace since the morning of Day 1. While there has hardly been any movement in NII and employees, QIB also remains at nil. The RII, though, has been rising steadily since the start of the trading day. Stay tuned for more updates throughout the day.

 

At 01:49 p.m

- Barbeque Nation IPO has been subscribed 0.72x by 01:49 p.m. on the first day.

- It is a public issue of 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 0.04x the reserved portion

- Employees: 0.12x the reserved portion

- (RII) Retail individual investors: 3.94x the reserved portion

- (QIB) Qualified institutional buyers: 0.00x the reserved portion

The Barbeque Nation IPO has been proceeding at a very average rate, as was predicted by quite a few experts. As of the afternoon of Day 1, the subscription rate hasn’t increased much. QIB remains at nil, with scarce improvements in NII and employees too. Only the RII seems to be gaining a little.

 

At 12:48 p.m

- Barbeque Nation IPO has been subscribed 0.62x by 12:48 p.m. on the first day.

- It is a public issue of 5,457,470 equity shares. 

Status of Subscription

- Employees: 0.12x the reserved portion

- (RII) Retail individual investors: 3.37x the reserved portion

- (NII) Non-institutional buyers: 0.04x the reserved portion

- (QIB) Qualified institutional buyers: 0.00x the reserved portion

With respect to the anticipated Barbeque Nation IPO, not much has changed since the morning of Day 1. Retail Individual Investors are showing some slow and steady growth. However, QIB numbers haven’t even opened yet, while NII and employees remain below 1.

 

At 11:49 a.m

- Barbeque Nation IPO has been subscribed 0.49x by 11:49 a.m. on the first day.

- It is a public issue of 5,457,470 equity shares. 

Status of Subscription

- (RII) Retail individual investors: 2.66x the reserved portion

- (NII) Non-institutional buyers: 0.03x the reserved portion

- (QIB) Qualified institutional buyers: 0.00x the reserved portion

- Employees: 0.05x the reserved portion

The much looked forward to Barbeque Nation IPO has started off quite slow on Day 1. There hasn’t been much of a change by near-noon as compared to morning figures when it comes to the key subscription parameters of RII, NII, QIB, and employees. What happens in the next 2 days remains to be seen.

 

At 10:28 am

- Barbeque Nation IPO has been subscribed 0.19x by 10:28 a.m. on the first day.

- It’s a public issue of 5,457,470 equity shares. 

Status of Subscription

- (NII) Non-institutional buyers: 0.02x the reserved portion

- (RII) Retail individual investors: 1.02x the reserved portion

- (QIB) Qualified institutional buyers: 0.00x the reserved portion

- Employees: 0.02x the reserved portion

Quite an anticipated IPO, Barbeque Nation has opened to a slow start this morning. All figures including NII, RII, QIB, and employees are close to nil. With the market being iffy about this IPO but its popularity soaring nevertheless, it will be interesting to see how it performs over the next 2 days.

Report from our researchers

What Is Angel One's Expert Research Report?

Our internal team of experts coalesces industry insight to prepare a thorough investigative report to give you a detailed understanding of the market. These reports are meticulously prepared to explain to you each and every step the market takes so that you always remain at the top of your investment game.

How to apply for Barbeque Nation IPO :


1. If you are already a client of Angel One, apply directly for Barbeque Nation IPO, click here.

2. If you’re a new investor Open DEMAT Account for free with Angel One and build wealth with the best stock choices. Join our 1 million+ family of happy customers.

In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

Subscribe to our channel now to know about : Barbeque Nation IPO

Barbeque Nation IPO FAQs

What is an IPO?

Companies make a maiden offer to sell equity shares to the general investors to raise capital from the market. Through the process of releasing initial shares, companies become publicly traded and list in the stock exchanges.

What is Barbeque Nation IPO?

Barbeque Nation plans to rake Rs 452-453 crores from the market by launching initial public shares in the price band of Rs 452-453. The offer size contains fresh issues worth Rs 180 crores and OFS of up to 54,57,470 equity shares.

How to apply for Barbeque Nation IPO through Angel One?

Current investors can log in to their account on the Angel One website or mobile app to apply for Barbeque Nation IPO. Open an online Demat account today and enjoy hoards of benefits, including lifelong free delivery of equities to your account. Click here.

When will Barbeque Nation IPO open?

The IPO subscription period will open on March 24, 2021, for two days. Investors need to apply for it by March 26, 2021.

What is the minimum lot size for retail investors?

The minimum order quantity is 30 shares or one lot. Retail investors can bid for 13 lots, amounting to a total investment amount of Rs 195,000.

How to apply for Barbeque Nation IPO?

Investors can apply through a stockbroker like Angel Boking or through a bank’s net banking using ASBA form. Apply through Angel One Demat account. Get one today.

When is the Barbeque Nation IPO allotment date?

The finalisation of IPO shares will take place on April 1, 2021.

When is the Barbeque Nation IPO listing date?

The tentative listing date is April 7, 2021. However, it is not confirmed yet.

How to pay for Barbeque Nation IPO using UPI?

As retail investors must pay through their UPI handle, link your current account to Google Pay or BHIM. During the payment, you will receive a payment mandate on your UPI handle, approve it to complete the bidding process.

How will I receive the Barbeque Nation IPOs?

Allotted shares will get directly credited to investors’ Demat accounts on April 6, 2021. Receive Barbeque Nation IPOs in your Angel One Demat account. Open Demat Now.

Why Angel One?

Trading Across Platforms

Get free access to multiple online trading products & track market share prices live. Trade with ease and stay updated with share market news notifications.

Highest Leverage

Get maximum subscription along with highest leverage with us. This makes sure you make the most of your trading day.

Dedicated Customer Service Team

Get help wherever you are with our centralized help desk & Pan India presence.Stay connected through Live Chat and SMS.

Enjoy Free Equity

Delivery Trade for Lifetime

Get the link to download the app

Enjoy Lifetime Free Delivery Trade

Download the app now

Or Scan below QR Code

to download App

Open an account