1. IPO
Grill Splendour Services Limited

Grill Splendour Services Limited

listed
₹1.44LMin. investment
  1. Bid start
    15 Apr
  2. Bid end
    18 Apr
  3. Allotment
    17 Apr
  4. Release of funds
    22 Apr
  5. Demat transfer
    19 Apr
  6. Listing
    23 Apr

Grill Splendour Services Limited IPO Details

Price range₹120 – ₹120
IPO type
SME
Lot size1200 shares
Issue size₹16.47Cr
RHP/DRHP
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About Grill Splendour Services Limited

Established in 2019, Grill Splendour Services Limited stands as a beacon of excellence in the realm of gourmet Bakery and Patisserie, enriching the culinary landscape of Mumbai with its 17 retail outlets, a centralized production facility, and esteemed corporate clientele. Boasting a dynamic business model, this culinary powerhouse operates through a blend of company-owned outlets and franchisee partnerships, with 5 stores operating under the franchisee model and the remaining 12 under direct company ownership.
The journey of Grill Splendour Services Limited gained momentum with the strategic acquisition of the renowned Birdy’s Bakery and Patisserie from WAH Restaurants Private Limited. Originally conceived as "Birdy’s by Taj," this brand epitomized culinary finesse and sophistication. With a vision to revive and rejuvenate this iconic name, Grill Splendour embarked on a transformative journey, breathing new life into the brand through a series of meticulously crafted initiatives.
At the heart of Grill Splendour's ethos lies a commitment to offering an exquisite array of culinary delights, ranging from traditional favorites to customizable 'made-to-order' creations, tailored to delight the discerning palates of its patrons. The product portfolio spans across diverse categories, including Cakes & Pastries, Food Sales, Beverages, and Desserts, each crafted with precision and passion to ensure an unparalleled gastronomic experience.
As Grill Splendour Services Limited gears up for its much-anticipated Initial Public Offering (IPO), the utilization of proceeds from the Fresh Issue underscores the company's strategic vision and commitment to sustainable growth. The allocation of funds towards critical objectives, including additional working capital requirements, pre-payment or partial repayment of outstanding borrowings, and general corporate purposes, reflects the company's proactive stance towards fortifying its financial foundation and fueling future expansion endeavors.

Frequently asked questions

How to invest in the Grill Splendour Services Limited ?

Investors can apply for the Grill Splendour Services Limited through their Demat account via the stock exchange or through their broker.

What is the issue size of Grill Splendour Services Limited ?

The issue size of the Grill Splendour Services Limited is 16.47 Cr.

What is 'pre-apply' for Grill Splendour Services Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will Grill Splendour Services Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.