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BARBEQUE NATION IPO Listing On April 7
Barbeque Nation IPO listing: The IPO of Barbeque Nation Hospitality will be listed on the NSE and BSE on April 7 (Wednesday). Barbeque Nation finalised the allotment of IPO last week. The grey market premium of the unlisted shares has plunged sharply, signaling weak listing. This will be the first IPO listing in the financial year 2021-22.Â
Barbeque Nation is a popular casual dining chain. Its IPO was subscribed 5.98 times. As per NSE data, the Rs 453-crore issue received bids for 2,99,01,510 shares against 49,99,609 shares on offer. While the category for qualified institutional buyers (QIBs) was subscribed 5.11 times, non-institutional investors 3.10 times, and retail individual investors (RIIs) 13.13 times.