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Open
15 Apr 2024
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Close
18 Apr 2024
3
Allotment
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Listing
Tue, Apr 23, 2024
Price Band
₹120 per share
Issue Size
13,72,800 shares (agg. up to ₹16 Cr)
Lot Size
1,200 Shares
Listing Date
Tue, Apr 23, 2024
Latest GMP
₹8
Est. Gain
6.67%
✦ AI Insight
GMP Trend
23-04-2024₹8Est. ₹128+6.67%
22-04-2024₹8Est. ₹128+6.67%
21-04-2024₹8Est. ₹128+6.67%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 8.55x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Nov 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 22.12 | 7.64 | 2.91 | 2.66 |
| Total Income | 8.86 | 15.32 | 11.52 | 8.25 |
| Profit After Tax | 0.62 | 1.99 | 0.03 | -0.04 |
| NET Worth | 4.95 | 2.01 | 0.02 | -0.02 |
| Reserves and Surplus | 1.11 | 2.00 | 0.01 | -0.03 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding additional Working capital requirements | 1.00 |
| 2 | Pre-payment/Repayment, in full or part, of certain outstanding borrowings availed by our Company; and | 11.15 |
| 3 | General Corporate Purposes | 3.95 |
About Grill Splendour IPO
Established in November 2019, Grill Splendour Services Limited is a chain of gourmet bakeries and patisseries in Mumbai with 17 retail outlets, a central manufacturing facility, and several corporate clients operating under the brand name Birdy's. Grill Splendour Services Private Ltd. acquired Birdy's Bakery and Patisserie from WAH Restaurants Private Limited in November 2019 to expand its reach in the hospitality industry. The company's product portfolio can be divided into the following areas Cakes and pastries Sale of food products Beverages Sale of desserts The company has 17 retail stores, 5 of which are operated under a franchise model (franchisee-owned, and company-operated), while the remaining 12 stores are owned by the company. As of February 29, 2024, the company employed 77 people in various departments.+ Read More
Contact Details
Grill Splendour Services Ltd. AddressJ1, Shram Siddhi Vinayak Premises Co-Op Soc Ltd C11st Floor, Plot-8, Wadala Truck Terminal RoadAntop HillMumbai, Maharashtra, 400037+91 22 5002 9517ipo@birdys.inVisit Website