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Open
3 Feb 2016
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Close
5 Feb 2016
3
Allotment
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Listing
Mon, Feb 15, 2016
Price Band
₹10 per share
Issue Size
13,10,000 shares (agg. up to ₹1 Cr)
Lot Size
10,000 Shares
Listing Date
Mon, Feb 15, 2016
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 7.02x |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| Cawasji Behramji Catering Services Ltd. | SME | ₹1.86 Cr | ₹14 | null | ₹16.01 | +14.36% | (+0.00%) |
| Pecos Hotels & Pubs Ltd. | SME | ₹2.30 Cr | ₹50 | null | ₹53.25 | +6.50% | ₹252.00 (+17.21%) |
| Coffee Day Enterprises Ltd. | Mainboard | ₹1,150.00 Cr | ₹328 | null | ₹271.00 | -17.38% | ₹31.77 (-1.06%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Finance establishment of new food joints | 1.04 |
| 2 | General Corporate Purposes | 0.04 |
| 3 | Issue Expenses | 0.36 |
About Vidli Restaurants IPO
Vidli Restaurant Ltd. (VRL) is a "Kamats" group company running chains of restaurants serving hygienic standardize food items in a quick serve format at various outlets on national highways, state highways and cities. The group is known for its brands "Vithal Kamat" and' Kamats'. The company has entered into Master Franchisee agreement in last August with MNM group for a period of 5 years wherein the said group would have exclusive rights to give franchisee in Gujarat region. The Company started its operations in November 2013. Since then, the company started expanding its restaurant chain and concentrated on standardising its products and services through centralised purchasing and training system. As on December 31, 2015 it had 39 restaurants in western and central territories on major highways.Company largely targets affordable segment of the market through our outlets. Presently, our operations are categorised into family dining, khaojao and kamat's cornermodel.+ Read More
Contact Details
Vidli Restaurants Ltd. AddressOffice No.26, Building-1Ajay Mittal Industrial Premises LimitedMarol, Andheri (East)Mumbai, Maharashtra, 400059+91 22 66978736info@kamatsrestaurants.comVisit Website