Miscellaneous

Is it good to buy Barbeque Nation shares?

Is it good to buy Barbeque Nation shares?

We recommend a “neutral” rating to the IPO,” Angel Broking said. Unlike the Jhunjhunwala-backed Nazara, which is a key player in Indian mobile gaming market and is a beneficiary of Covid-19, Barbeque Nation does not hold any material market share. That too was bought at Rs 827 per share in March 2018.

Is Barbeque Nation in loss?

MUMBAI: Newly-listed company Barbeque-Nation Hospitality today reported a consolidated net loss of Rs 42.6 crore for the quarter ended June as against a net loss of Rs 59.6 crore in the year-ago quarter.

READ:   How does fiat currency system help the governments today?

Is Barbeque Nation profitable?

BENGALURU : Barbeque Nation Hospitality Ltd on Monday posted a consolidated net profit of ₹6 crore in the March quarter as against loss of ₹28 crore in the year-ago period. Revenue from operations moved up to ₹226 crore in Q4 FY21 from ₹190 crore in Q4 FY20.

Is it worth investing in Barbeque Nation IPO?

“Uninformed retail investors are ignoring the fact that Barbeque Nation allotted shares on a preferential basis to Jubilant Foods (in a pre-IPO placement) at Rs 252 per share in January 2021. However, investors should not invest in IPOs from listing gain perspective.

How do I buy Barbeque Nation IPO?

You can apply for the Barbeque Nation IPO using any supported UPI app by following two steps:

  1. Enter your bid on Console.
  2. Accept UPI mandate on your phone.

How can I get Barbeque Nation franchise?

3. Barbeque Nation franchise cost, investment and terms & conditions

  1. Franchise cost is about 23-25 Lakhs.
  2. The investment will be 1-2 crores.
  3. An 8\% annual royalty fee for franchise outlets.
READ:   Who is the target audience for The Walking Dead?

How much does Barbeque Nation earn?

How much does Barbeque Nation pay per year? The average Barbeque Nation salary ranges from approximately ₹0.7 Lakhs per year for a Indian Cook to ₹ 16.3 Lakhs per year for a Assistant Regional Manager .

How much time can we spend in Barbeque Nation?

over a year ago. They assume that a complete meal takes up to a max of 2 hours but most guests wind up within 90 minutes.

Which share will buy today?

Stocks to Buy Today: Best Shares to Buy in India

Name LTP High
Bajaj Finserv 17,150.00 17,214
Bharti Airtel 699.70 703
Britannia Inds. 3,490.00 3,529
Cipla 889.00 898

What happened to Barbeque Nation IPO?

Allotment of shares was done on April 1, 2021. The allotment of shares for Barbeque Nation Hospitality was done on April 1. The IPO was subscribed 5.98 times on its last day on March 26. The issue received bids for 2.99 crore equity shares against the offer size of 49.99 lakh equity shares.

READ:   Which solution goes in the burette?

Is it worth to buy Barbeque Nation IPO?

The IPO price band of Rs 498-500 per share, at double the pre-IPO allotment price, is not justified by any fundamental change in the business. Buying fast growing, loss making businesses at the time of IPO is an extremely risky bet for retail investors.

How much does Barbeque Nation franchise cost?

Barbeque Nation franchise cost, investment and terms & conditions. Usually, the franchise agreement period is made of 9 years, which can be renewed later if both parties agree to it. The cost of the franchise is about INR 23 Lakhs. You also need to pay an 8\% royalty fee annually for partnering with them.