Grill Splendour Services Limited

About the company

## **About Grill Splendour Services Limited** Established in 2019, Grill Splendour Services Limited stands as a beacon of excellence in the realm of gourmet Bakery and Patisserie, enriching the culinary landscape of Mumbai with its 17 retail outlets, a centralized production facility, and esteemed corporate clientele. Boasting a dynamic business model, this culinary powerhouse operates through a blend of company-owned outlets and franchisee partnerships, with 5 stores operating under the franchisee model and the remaining 12 under direct company ownership. The journey of Grill Splendour Services Limited gained momentum with the strategic acquisition of the renowned Birdy’s Bakery and Patisserie from WAH Restaurants Private Limited. Originally conceived as "Birdy’s by Taj," this brand epitomized culinary finesse and sophistication. With a vision to revive and rejuvenate this iconic name, Grill Splendour embarked on a transformative journey, breathing new life into the brand through a series of meticulously crafted initiatives. At the heart of Grill Splendour's ethos lies a commitment to offering an exquisite array of culinary delights, ranging from traditional favorites to customizable 'made-to-order' creations, tailored to delight the discerning palates of its patrons. The product portfolio spans across diverse categories, including Cakes & Pastries, Food Sales, Beverages, and Desserts, each crafted with precision and passion to ensure an unparalleled gastronomic experience. As Grill Splendour Services Limited gears up for its much-anticipated Initial Public Offering (IPO), the utilization of proceeds from the Fresh Issue underscores the company's strategic vision and commitment to sustainable growth. The allocation of funds towards critical objectives, including additional working capital requirements, pre-payment or partial repayment of outstanding borrowings, and general corporate purposes, reflects the company's proactive stance towards fortifying its financial foundation and fueling future expansion endeavors.

Financial performance (₹ Cr)

IPO Roadmap / Timeline

1. IPO Opens

   Completed
   15 Apr 2024

   Bidding starts for all investor categories

2. IPO Closes

   Completed
   18 Apr 2024

   Last day to place your bid

3. Basis of Allotment

   Completed
   17 Apr 2024

   Share allotment finalised

4. Refund Initiation

   Completed
   22 Apr 2024

   Refunds credited for non-allottees

5. Credit to Demat

   Completed
   19 Apr 2024

   Allotted shares credited to demat account

6. Listing on Exchange

   Completed
   23 Apr 2024

   Shares list on NSE / BSE

Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.