IPO Synopsis
Grill Splendour Services Ltd
  • Registered Office: J1 S.S.Vinayak Pre-CoopSoc Ltd,C-105 1Flr Plot 8 Antop Hill, Mumbai - 400037, Maharashtra, India. 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-24 18-Apr-24
Money Payable On
Application Allotment
120.00 0.00
Minimum Application for shares in Nos : 1200 Further Multiples of : 1200
Cr Lead Managers to the Issue
Project Cost (.Cr) 16.10 Inventure Merchant Banker Services Pvt Ltd
Project Financed through Current Offer (.Cr) 16.47  
Post Issue Equity Share Capital (.Cr) 5.21
Issue Price () 120.00
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
No Data Available

Attention Investors: Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.|| KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.|| No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.