Bengaluru-based Barbeque Nation Hospitality (BHNL) has filed IPO papers with SEBI for the second time. Backed by private equity investor CX Partners and ace investor Rakesh Jhunjhunwala’s investment firm Alchemy Capital, the IPO would comprise a fresh issue of shares as well as offer for sale.

Barbeque Nation is one of India’s fastest growing and widely recognised restaurant brands in the rapidly growing CDR market

Rakesh Jhunjhunwala’s investment firm Alchemy Capital holds 2.05 per cent stake in the company. Private equity investor CX Partners owns 33.79 per cent. The promoters of Barbeque Nation Hospitality are Sayaji Hotels, Sayaji Housekeeping Services, Kayum Dhanani, Raoof Dhanani and Suchitra Dhanani. They together hold 60.24 per cent stake in the firm.

A very limited quantity of pre-IPO shares of Barbeque Nation is on offer.

Some of the details can be found here at https://economictimes.indiatimes.com/markets/ipos/fpos/barbeque-nation-hospitality-ipo-all-you-need-to-know/articleshow/74223280.cms

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