Grill Splendour IPO
Grill Splendour Services Ltd
₹1,44,000 /1200 sharesMinimum Investment
Grill Splendour IPO Details
Bidding Dates | Min. Investment | Lot Size | Price Range |
---|
15 Apr ‘24 - 18 Apr ‘24 | ₹1,44,000 | 1,200 | ₹120 - ₹120 |
Grill Splendour Services Private Ltd. operates a chain of gourmet Bakery and Patisserie outlets across Mumbai. It has 17 retail stores and a centralized production facility. With 5 franchisee-owned and company-operated stores and 12 owned by the company itself, they offer fresh food products, from traditional to made-to-order.
Founded in November 2019, the company acquired the bakery and confectionary business, including the Birdy's Bakery and Patisserie brand, from WAH Restaurants Private Limited. They offer cakes & pastries, food, beverages, and desserts.;
Managing director
Mr. Srinidhi V Rao
Parent organisation
Grill Splendour Services Ltd
Strengths & Financials of Grill Splendour
The company runs 17 retail stores across Mumbai and Thane, catering to individual customers and corporate clients. After acquiring the Birdy's brand, the company claims to have revamped more than half of its shops, offering features such as seating, music ambience, table service, and a free library, drawing in a fresh dine-in customer base.
As per the company, it has maintained good B2B client relationships to ensure repeat business over the years.
The company reported revenue from operations of Rs. 8.25 cr, Rs. 11.50 cr and Rs. 15.29 cr in FY 2021, 2022 and 2023 respectively. For 2022 the company’s Profit after tax was Rs. 0.03 cr and in 2023 it was Rs. 1.99 cr.
Grill Splendour Financials
*All values are in Rs. Cr
Application Details of Grill Splendour IPO
Apply as | Price band | Apply upto |
---|
Regular | ₹120 - 120 | ₹2 Lakh |
High Networth Individual | ₹120 - 120 | ₹2 - 5 Lakh |
For Grill Splendour IPO, eligible investors can apply as Regular.