Grill Splendour Services IPO (Birdy’s IPO) Dates,Price,GMP,Subscription And All Key Point

The promoters of Grill Splendour Services Limited include Srinidhi V Rao, Vandana Srinidhi Rao, and Vivek Vijaykumar Sood. Before the issue, their collective shareholding in the company stood at 49.74%. Following the issue, their combined ownership decreased to 36.65%.

Grill Splendour Services Private Ltd (Birdy’s) financial report

The objectives of the Birdy’s IPO, as outlined by Grill Splendour Services Limited, are as follows:

1. To support additional working capital requirements.
2. To pre-pay or repay certain outstanding borrowings of the company, either in full or in part.
3. To address general corporate purposes.

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FAQs (Frequently Asked Questions) about Grill Splendour Services IPO (Birdy’s IPO)

When does the Grill Splendour Services IPO (Birdy’s IPO) subscription open and close?

The subscription for Birdy’s IPO opens on April 15, 2024, and closes on April 18, 2024.

What is the IPO price of Birdy’s IPO?

The IPO price of Birdy’s IPO is ₹120 per share.

What is the Grey Market Premium (GMP) for Birdy’s IPO?

The GMP for Birdy’s IPO is ₹8 on the grey market as of today.

Where can I find day-by-day updates on the GMP for Birdy’s IPO?

You can find day-by-day updates on the GMP for Birdy’s IPO in the provided chart.

Are subscription details available for Birdy’s IPO?

Subscription details for Birdy’s IPO are not yet available. They will be updated once the IPO subscription begins on April 15, 2024.

Who are the promoters of Grill Splendour Services Limited?

The promoters of Grill Splendour Services Limited are Srinidhi V Rao, Vandana Srinidhi Rao, and Vivek Vijaykumar Sood.

What is the shareholding pattern of the promoters before and after the IPO?

Before the issue, the collective shareholding of the promoters was 49.74%. After the issue, it decreased to 36.65%.

What are the financial highlights of Grill Splendour Services Limited?

Grill Splendour Services Limited witnessed significant revenue growth of 32.90% and a remarkable surge in profit after tax (PAT) by 5654.33% between the financial years ending on March 31, 2023, and March 31, 2022.

What are the objectives of Birdy’s IPO?

The objectives of Birdy’s IPO include supporting additional working capital requirements, pre-paying or repaying certain outstanding borrowings, and addressing general corporate purposes.