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IPO

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Grill Splendour Services Ltd

Grill Splendour Services Ltd

    Registered Office : J1 S.S.Vinayak Pre-CoopSoc Ltd,C-105 1Flr Plot 8 Antop Hill,Mumbai Maharashtra 400037 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.

Issue

Opens On

Closes On

15-Apr-2024

18-Apr-2024

Money Payable On

Application

Allotment

120.00

0.00

Minimum Application for shares in Nos : 1200.0 Further Multiples of : 1200.0

₹Cr

Lead Managers to the Issue

Project Cost (₹.Cr)

Project Financed through Current Offer (₹.Cr)

Post Issue Equity Share Capital (₹.Cr)

Issue Price (₹.Cr)

16.10

16.47

5.21

120.00

Inventure Merchant Banker Services Pvt Ltd

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
  • Bigshare Services Pvt Ltd