Steps to check Barbeque Nation IPO allotment status online

Steps to check Barbeque Nation IPO allotment status online
Kayum Dhayani, Barbeque NationBarbeque Nation
  • The company is likely to announce its share allotment status on April 1.
  • The initial public offering (IPO) from casual dining chain Barbeque Nation⁠ was subscribed by almost six times.
  • The company has an offer for sale up to 5.45 million shares.
Barbeque Nation’s IPO⁠, which was subscribed by almost six times, will announce its share allotment status on April 1, while the shares will list on April 7.

Barbeque Nation in a pre-IPO round had raised ₹150 crore from Xponentia Capital, founded by private equity veteran Ajay Relan, and Jubilant Foodworks, the parent company of Domino’s Pizza in India. It is also backed by CX Capital, a PE firm, and Alchemy Capital, the investment firm headed by ace stock market expert Rakesh Jhunjhunwala.

“We are raising ₹180 crore, of which ₹75 crore will go in repayment of debt, ₹55 crore will go for expansion, and the balance will be for general corporate expenses,” chief executive officer Rahul Agrawal of Barbeque Nation had told Business Insider in an interview.

The initial public offering (IPO) from the casual dining chain was open for subscription between March 24 and 26.

CategorySubscription Status
Qualified Institutional Buyers5.11 times
Non-institutional 3.10 times
Retail individual 13.12 times
Employees1.02 times

Barbeque Nation’s popularity comes with its eat all you want buffet offering, which has been a hit with families and youngsters alike.

As Barbeque Nation opens its doors to the public markets, there’s also the fear of another nationwide lockdown, while several cities are already subject to lockdown or night curfew. But Agrawal said that while there may be a short term disruption in business, their long term vision to grow in the Indian restaurant industry remains intact.

“This will be the nature of the business going forward for at least a couple of quarters – different states will have different restrictions. In the short term, you would see business disruption. We believe that we have already gone through a strict lockdown in the past, and survived it and that will help us sail through this,” he said.

Here’s how you can check the share allotment status

  • To check on the stock-exchange website:
  • To check Barbeque Nation IPO allotment status, go to the BSE website or NSE website here.
  • On BSE, Select 'Equity' and then from the dropdown, select 'Barbeque Nation Hospitality'.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
Please note the details will only be available once the shares are allotted.

You can also visit the registrar website (Link Intime India) to check your application status.

  • Visit the registrar's website here.
  • Click on 'Select company' and click on 'Barbeque Nation Hospitality'. It will only appear post allotment on March 24.
  • Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.
  • Enter the captcha and click 'submit'.
Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you.