BARBEQUE NATION
A barbecue restaurant is a restaurant that specializes in barbecue-style cuisine and dishes. It was founded in 2006 by Mr. Sajid Dhanani with headquarters in Bengaluru. One of the leading casual dining chains in India, Barbeque Nation pioneered the concept of “over the table barbeque” live grills embedded in dining tables – allowing guests to grill their own barbecue’s right at their tables. Currently own and operate 138 outlets in India, 5 outlets in UAE, 1 outlet in Malaysia and 1 outlet in Oman.
BBQ’s core values prioritise being customer-focused to provide excellent products and service and employee-focused by maintaining a superior quality work environment.
The company got listed on 7th April 2021. Barbeque Nation’s ₹ 453-crore IPO was subscribed 5.98 times, according to data available on the stock exchanges. The public issue received bids for 2,99,01,510 shares against 49,99,609 shares on offer. It was the first IPO listing in the new financial year 2021-22.
For the quarter ended 31-03-2021, the company has reported a Consolidated Total Income of Rs 553.13 Crore, decreased 34.98% when compared with last year Total Income of Rs 850.79 Crore. Company has reported net loss of Rs 91.88 Crore in latest year. Assets of the company shown increase since last 4 years and stood at Rs 1,137.80 crores on 31-03-2021. EPS for the FY21 is Rs -31.14.
The results of Barbeque nation were rectitude.
