What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Barbeque Nation Hospitality Limited IPO allotment date?

The basis of allotment for Barbeque Nation Hospitality Limited IPO is scheduled to be finalized on 1 Apr 2021.

Where can I check Barbeque Nation Hospitality Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Link Intime India Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 2 Apr 2021.

IPO GreyPremiumLIVE

Grey Market Intelligence

Barbeque Nation Hospitality Limited

ListedMainboard

Consumer Discretionary · NSE / BSE

Incorporated in 2006, Barbeque Nation Restaurants is a leading casual dining restaurant chain in India, known for its quality food, ambiance, and customer service. The company also owns and operates Toscano Restaurants and UBQ by Barbeque Nation, catering to the delivery segment. Since opening its first restaurant in 2008, the network has expanded to 138 Barbeque Nation outlets across 73 cities in India, along with 7 international outlets in 3 countries. Recently, the company diversified into the Italian dining segment with its "Red Apple" brand, operating 10 restaurants across Bengaluru and Chennai.

Price Band

₹498 – ₹500

Issue Size

₹453 Cr

Lot Size

30 shares

GMP

—

Est. Listing

₹500

at current GMP

Subscribed

—

Open

24 Mar 2021

26 Mar 2021

Allotment

1 Apr 2021

Refund

2 Apr 2021

Demat Credit

3 Apr 2021

Listing

7 Apr 2021

Last updated 12 days ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Barbeque Nation Hospitality Limited Allotment Status

Designated Registrar: Link Intime India Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

1 Apr 2021

Basis finalization

Refunds Initiate

2 Apr 2021

Mandate release

Demat Credit

3 Apr 2021

Shares in demat

Listing Debut

7 Apr 2021

Trading begins

About Barbeque Nation Hospitality Limited Public Issue & Market Profile

Barbeque Nation Hospitality Limited is bringing an initial public offering (IPO) in the Consumer Discretionary sector with an aggregate issue size of ₹453 Crores. The shares are offered at a price band of ₹498 to ₹500 per equity share on NSE and BSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 30 shares (approx. ₹15,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2021-04-03, while un-allotted funds or UPI block mandates will be released on 2021-04-02.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.