Barbeque Nation

The 5-star restaurant chain, Barbeque Nation Hospitality (BHNL) has its pre-IPO stocks available for purchase on the Minance Private Market.
Barbeque Nation Hospitality (BHNL) was founded in the year 2006, Barbeque Nation has over 138 outlets in India, 1 in Malaysia and 5 in the United Arab Emirates, and in February 2020, the 5-star restaurant chain opened another outlet in Kandivali, Mumbai. Also, the pre-IPO stocks’ company refiled a Red Herring Prospectus to the SEBI for the issue of its IPO, which would be about ₹1,000-1,200 crores.
Due to the adverse market in January 2018, it did not fit to file for an IPO, and thus Barbeque Nation still has its stocks under pre-IPO placement.

Backed by Mr Rakesh Jhunjhunwala’s investment firm, Alchemy Capital, and private equity investors CX Partners, compromised its fresh issue of pre-IPO shares of ₹275 crores. Instead, the company may consider shortly to do a pre-IPO placement of ₹150 crores.

CX Partners holds a stake of 33.79% and Alchemy Capital owns a share of 2.05% in Barbeque Nation. Meanwhile, the promoters of Barbeque Nation Hospitality are Sayaji Hotels, Sayaji Housekeeping Services, Mr Kayum Dhanani, Mr Raoof Dhanani, and Ms Suchitra Dhanani.

In November 2018, the company launched UBQ through its existing kitchen infrastructure. UBQ serves a la carte Indian cuisine in the value segment and Barbeque Nation has spread in over 71 cities. Moreover, Barbeque Nation Hospitality acquired 61.35% in Red Apple Kitchen, which owns a well-renowned brand operating in 10 outlets in Bengaluru and Chennai, Toscano.

Barbeque Nation has seen an annual growth of 14.29% in India. From ₹68.60 in 2017 to $89.60 crores in 2019, revenues have multiplied mainly due to its service and food quality.
Due to its excellent quality and perfection in service, Barbeque Nation’s pre-IPO stock is amongst the top in its list, with its customers giving good reviews and spreading the word, leading to more referrals and recommendations for its pre-IPO stocks.

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The 5-star restaurant chain, Barbeque Nation Hospitality (BHNL) has its pre-IPO stocks available for purchase on the Minance Private Market.
Barbeque Nation Hospitality (BHNL) was founded in the year 2006, Barbeque Nation has over 138 outlets in India, 1 in Malaysia and 5 in the United Arab Emirates, and in February 2020, the 5-star restaurant chain opened another outlet in Kandivali, Mumbai. Also, the pre-IPO stocks’ company refiled a Red Herring Prospectus to the SEBI for the issue of its IPO, which would be about ₹1,000-1,200 crores.
Due to the adverse market in January 2018, it did not fit to file for an IPO, and thus Barbeque Nation still has its stocks under pre-IPO placement.

Backed by Mr Rakesh Jhunjhunwala’s investment firm, Alchemy Capital, and private equity investors CX Partners, compromised its fresh issue of pre-IPO shares of ₹275 crores. Instead, the company may consider shortly to do a pre-IPO placement of ₹150 crores.

CX Partners holds a stake of 33.79% and Alchemy Capital owns a share of 2.05% in Barbeque Nation. Meanwhile, the promoters of Barbeque Nation Hospitality are Sayaji Hotels, Sayaji Housekeeping Services, Mr Kayum Dhanani, Mr Raoof Dhanani, and Ms Suchitra Dhanani.

In November 2018, the company launched UBQ through its existing kitchen infrastructure. UBQ serves a la carte Indian cuisine in the value segment and Barbeque Nation has spread in over 71 cities. Moreover, Barbeque Nation Hospitality acquired 61.35% in Red Apple Kitchen, which owns a well-renowned brand operating in 10 outlets in Bengaluru and Chennai, Toscano.

Barbeque Nation has seen an annual growth of 14.29% in India. From ₹68.60 in 2017 to $89.60 crores in 2019, revenues have multiplied mainly due to its service and food quality.
Due to its excellent quality and perfection in service, Barbeque Nation’s pre-IPO stock is amongst the top in its list, with its customers giving good reviews and spreading the word, leading to more referrals and recommendations for its pre-IPO stocks.