Barbeque Nation Hospitality Limited – Completes Anchor Allocation

Barbeque Nation Hospitality Limited which is tapping the capital markets with its fresh issue of Rs 180 crs and an offer for sale of 54.57 lac shares completed allocation to anchor investors. The price band is Rs 498-500. The company allotted 40,57,861 equity shares to 15 anchor investors comprising of 21 entities.

Each investor was given 2,70,510 equity shares or 6.67% of the anchor allocation. The anchor investors consisted of 7 foreign portfolio investors, 5 mutual funds, 2 Alternative investment Funds and 1 Life insurance company.

The issue has opened on Wednesday the 24th of March and would close on Friday the 26th of March.

Details of the anchor allocation are given below: –

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