Grill Splendour Services Ltd

Issue
Opens On Closes On
15-Apr-24 18-Apr-24
Money Payable On
Application Allotment
120.00 0.00

Minimum Application for shares in Nos : 1200 Further Multiples of : 1200

Lead Managers to the Issue
Project Cost (₹.Cr) 16.10 Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer (₹.Cr) 16.47  
Post Issue Equity Share Capital (₹.Cr) 5.21
Issue Price (₹) 120.00
Projects

Funding additional working capital requirements

Pre-payment/Repayment in full or part of certain outstanding borrowings by the company

General corporate purposes

Promoted By
Srinidhi V Rao
Vandana Srinidhi Rao
Vivek Vijaykumar Rao
Listing At
NSE - SME
Registrar to the Issue
No Data Available
  • Registered Office: J1 S.S.Vinayak Pre-CoopSoc Ltd,C-105 1Flr Plot 8 Antop Hill, Mumbai - 400037, Maharashtra, India. Phone : +91 22 5002 9517   Fax:
  • Email : ipo@birdys.in
  • Website :www.birdys.in
Initial public offering of up to 13,72,800 equity shares of Rs. 10 each ("Equity Shares") of Grill Splendour Services Limited ("GSSL" or the "Company") for cash at a price of Rs. 120 per equity share (the "Offer Price"), aggregating to Rs. 16.47 crores ("The Offer"). of the offer, 69,600 equity shares aggregating to Rs. 0.84 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 13,03,200 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 120.00 per equity share aggregating to Rs. 15.64 crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.34% and 25.02%, respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10.00 each and the offer price of Rs. 120.00 is 12.00 times of the face value.