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Issue Open Date
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15-Apr-24
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Issue Closing Date
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18-Apr-24
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Application Money
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100
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Allotment Money
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Price Band
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120
-
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Minimium Application No.
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1200
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Issue Size (Shares)
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1372800
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Market Lot
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1
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Objective
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1. Funding additional Working capital requirements;2. Pre-payment/Repayment, in full or part, of certain outstanding borrowings availed by our Company; and3. General Corporate Purposes
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Category
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No. of Shares
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No. of Shares
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Subscription Ratio
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Offered / Reserved |
Bid For |
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Non-Institutional Investors
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3058800
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Qualified Institutional Buyers
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|
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Retail Individual Investors
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8325600
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Business Description
We are a chain of gourmet Bakery and Patisserie spread across Mumbai through 18 retail stores, a centralized production facility and multiple corporate clients. We offer freshly prepared treats from traditional to ‘made to order’ customized products. These products are hand crafted with love and passion. Both our Promoters individually have 30+ years of experience in Hospitality industry.Grill Splendour Services Private Ltd. was incorporated in November 2019 as a hospitality company to acquire the bakery and confectionary business alongwith brand Birdy’s Bakery and Patisserie from WAH Restaurants Private Limited. The acquisition was done via a Business Transfer and Intellectual Property Assignment Agreement dated December 27, 2019 (Acquisition Agreement). After that the company proceeded to invest in the business and grow the brand and spread presence.
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Promoter's Holding
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Total Share Capital
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1908190
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Offered to Public
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1372800
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Promoter's Holding (Pre-Issue)
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49.75
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Promoter's Holding (Post-Issue)
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36.64
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Address |
J 1
Shram Siddhi Vinayak Premises Co- Op Soc Ltd
C-105
1st Floor
Plot - 8
Wadala Truck Terminal Road
Antop Hill
Mumbai,
Maharashtra,
400037
Phone : 022 50029517
Email : ipo@birdys.in
Website : www.birdys.in
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Registrar |
Bigshare Services Pvt Ltd
Office No S6-2
6th Floor
Pinnacle Business Park
Next to Ahura Centre
Mahakali Caves Road
Andheri (E)
Mumbai
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Listed at |
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NSE
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Lead Manager |
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Inventure Merchant Bankers Services Pvt Ltd.
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Promoters |
Srinidhi V Rao
Vandana Srinidhi Rao
Vivek Vijaykumar Sood
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