The Grill Splendour Services IPO subscription status started on April 15, 2024, and it is also being subscribed by NII, and RII. The Grill Splendour Services IPO began on April 15, 2024 and will end on April 18, 2024. Grill Splendour Services IPO is preparing to raise ₹16.47 crores through its fresh issue and the Grill Splendour Services IPO price band is fixed at ₹120 per share. You Can check Grill Splendour Services IPO GMP here.
Grill Splendour Services Limited is a chain of gourmet Bakery and Patisserie spread across Mumbai through 17 retail stores, a centralized production facility and multiple corporate clients. The company of these 17 retail stores, 5 stores are running under the franchisee model (franchisee-owned, and company-operated) and the rest 12 stores are owned by us. The company offer fresh food products from traditional to ‘made to order’ as required by the Customers.
Grill Splendour Services IPO reserved shares in this IPO, 50% for NII, and 50% for the retail category have been reserved. To know the Grill Splendour Services IPO Subscription Status, you can see the below-day Subscription.
Grill Splendour Services IPO Review :
Show Review…….
- ■ The company engaged in the chain of foodies in and around Mumbai.
- ■ The company annual profit is not sustainable for last few years.
- ■ The company Based on FY23/FY24 earnings, the issue highly aggressive priced.
- ■ The company PE ratio is very attractive.
- ■ The price band is attractive but the promoters holding decrease less than 50%.
Grill Splendour Services IPO Subscription Status {Live Update} :
The total Grill Splendour Services IPO Subscription Status subscribed 8.68x times so far, with NII subscribed 4.59x times & RII 12.78x times on Day 3. (Closed)
| Category | Day 1 | Day 2 | Day 3 |
| NII : | 0.38x | 1.30x | 4.59x |
| RII : | 3.94x | 6.69x | 12.78x |
| Total : | 2.16x | 4.00x | 8.68x |
Grill Splendour Services IPO Net Shares Offered:
Grill Splendour Services IPO is a public issue of 13,72,800 equity shares. The issue offers 6,51,600 shares to non-institutional investors, and 6,51,600 shares to retail investors.
| Category | Reservation | Shares | Amount Cr |
| NII : | 47.47% | 6,51,600 | ₹7.82 |
| RII : | 47.47% | 6,51,600 | ₹7.82 |
| MMRP : | 5.02% | 69,000 | ₹0.84 |
| Total : | 100% | 13,72,800 | ₹16.47 |
Investor Categories Define :
■ Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, Mutual Funds, insurance companies, and pension schemes.
■ Non-Institutional Investors(NII): Retail Individual Investors, NRIs, Companies, Trusts, etc
● sNII (bids below Rs 10L): The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category.
● bNII (bids above Rs 10L): The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory.
■ Retail Individual Investors (RII): Retail Individual Investors or NRIs
■ Employee (EMP): Eligible Employees
■ Others: Eligible Shareholders
Grill Splendour Services IPO Subscription Status FAQs :
How much is the total Grill Splendour Services IPO Subscription Status?
The total Grill Splendour Services IPO Subscription Status 8.68x times Day 3.
What is the Grill Splendour Services IPO retail subscription Status?
Grill Splendour Services IPO Retail Subscription 12.78x times Day 3.
What is the Grill Splendour Services IPO NII subscription status?
Grill Splendour Services IPO NII Subscription 4.59x times Day 3.
When is the Grill Splendour Services IPO Allotment Date?
Grill Splendour Services IPO allotment date is April 19, 2024.
When is the Grill Splendour Services IPO Listing Date?
Grill Splendour Services IPO listing date is April 23, 2024. The IPO is to be listed on NSE, SME.
How to Apply the Grill Splendour Services IPO through Zerodha?
Log in to the Console on the Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “Grill Splendour Services IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Grill Splendour Services IPO through Upstox?
Log in to the Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “Grill Splendour Services IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Grill Splendour Services IPO through Groww?
Log in to the Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “Grill Splendour Services IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
How to Apply the Grill Splendour Services IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest in IPOs Section and Click on IPO. You will see the IPO Name “Grill Splendour Services IPO”. Click on the Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.
| Grill Splendour Services IPO GMP: Click Here Grill Splendour Services IPO Details: Click Here Grill Splendour Services IPO Allotment: Click Here Grill Splendour Services IPO Listing: Click Here |
All Grill Splendour Services IPO-related links are available here. If you want to know the details then click on the Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.