The Grill Splendour Services IPO commenced on April 15, 2024, and concluded on April 18, 2024. The allotment of shares took place on April 19, 2024, and the initiation of refunds began on April 22, 2024. The shares were credited to the demat accounts of investors on April 22, 2024. Finally, the listing of Grill Splendour Services on the stock exchange occurred on April 23, 2024.
The Grill Splendour Services IPO was priced at ₹120 per share, with a lot size of 1200 shares. The total issue size was ₹16.47 crores, comprising a fresh issue of ₹16.47 crores. The IPO was listed on the NSE SME.
In terms of quota reservations, the other quota was reserved for 50% of the shares and the retail quota was reserved for 50% of the shares.
Grill Splendour Services IPO Basic Details
| Company Name | Grill Splendour Services Limited |
| Grill Splendour IPO GMP Today | ₹8 |
| Grill Splendour IPO Listing Gain | 6.67% |
| Grill Splendour IPO Open Date | April 15, 2024 |
| Grill Splendour IPO Close Date | April 18, 2024 |
| Grill Splendour IPO Allotment Date | April 19, 2024 |
| Grill Splendour IPO Listing Date | April 23, 2024 |
| Face Value | ₹10 per share |
| Price | ₹120 per share |
| Lot Size | 1200 Shares |
| Issue Size | 1,372,800 shares of ₹10 (aggregating up to ₹16.47 Cr) |
| Fresh Issue | 1,372,800 shares of ₹10 (aggregating up to ₹16.47 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Company Promoters | Srinidhi V Rao, Vandana Srinidhi Rao and Vivek Vijaykumar Sood |
Grill Splendour Services IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| Today | ₹8 | 6.67% | – | – |
| 9 April 2024 | ₹8 | 6.67% | – | – |
| 8 April 2024 | ₹8 | 6.67% | – | – |
Grill Splendour IPO Details:
Grill Splendour Services Limited, founded in November 2019, is a popular chain of fancy bakeries and cake shops spread across Mumbai. With 17 cozy outlets, a big kitchen where everything is made, and lots of big businesses ordering from them, they go by the name Birdy’s.
In November 2019, Grill Splendour Services Private Ltd. took over Birdy’s Bakery and Patisserie from WAH Restaurants Private Limited to grow its business in the world of food.
Their menu is quite diverse, including:
- Cakes and pastries
- Food items for sale
- Refreshing drinks
- Delicious desserts
Out of their 17 shops, 5 are run by people who have their own businesses but partnered up with Grill Splendour (we call them franchisees), and the other 12 are owned by the company itself.
By February 29, 2024, the company had a team of 77 hardworking folks across different roles.
Grill Splendour Services IPO More Details Click Here
Grill Splendour Services IPO FAQs
When is Grill Splendour Services IPO open?
Grill Splendour Services IPO will open on 15 April 2024.
When is Grill Splendour Services IPO Close?
Grill Splendour Services IPO will be closed on 18 April 2024.
What is Grill Splendour Services IPO GMP Today?
The Grill Splendour Services IPO GMP aka Grey Market Premium is ₹8.
What is Grill Splendour Services IPO Kostak Rates Today?
The Grill Splendour Services IPO Kostak Rate is ₹000.
What is Grill Splendour Services IPO Subject to Sauda Price Today?
The Grill Splendour Services IPO subject to sauda rates is ₹000.
Grill Splendour Services IPO Expected Returns?
The Grill Splendour Services expected return is 6.67%.
How much will be the listing gain in Grill Splendour Services IPO?
Grill Splendour Services IPO will get listing gain of 6.67%. (Approx.)
