IPO - Initial Public Offers - Speciality Restaurants Ltd IPO - May 18, 2012 in IPO's & MF's - Issue Detail:
»» Issue Open: May 16, 2012 - May 18, 2012
»» Issue Type: 100% Book Built Issue IPO
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05-11-2012 09:21 PM
Speciality Restaurants Ltd IPO - May 18, 2012
Issue Detail:
»» Issue Open: May 16, 2012 - May 18, 2012
»» Issue Type: 100% Book Built Issue IPO
»» Issue Size: 11,739,415 Equity Shares of Rs. 10
»» Issue Size: Rs. [.] Crore
»» Face Value: Rs. 10 Per Equity Share
»» Issue Price: Rs. - Rs. Per Equity Share
»» Market Lot:
»» Minimum Order Quantity:
»» Listing At: BSE, NSE
Launched in 1992, Speciality Restaurants Ltd is a fine dining operator in India with 62 restaurants and 11 confectionaries as of December 31, 2010. They focus on providing their guests an affordable fine dining experience with quality food and service in a modern ambience.
Speciality Restaurants has established several famous brands across the nation, including Mainland China, Oh! Calcutta, Sigree, Haka, Machaan, Mostly Kababs, Just Biryani and Sweet Bengal. It runs 62 Food & Beverage outlets in various important cities. Mainland China alone serves more than 2 lakhs Chinese meals per month, which is a record of sorts in the country. Their restaurants consist of different restaurant concepts and are located across India, with the majority concentrated in the western region.
The four factors of contribute to the quality of the food that they offer quality fresh ingredients, modern food preparation and storage equipment, standardised recipes prepared by trained chefs and effective quality monitoring.
Company Promoters:
Anjan Chatterjee and Suchhanda Chatterjee are the Promoters of the company.
Objects of the Issue:
The object of the issue are to:
1. Development of new corporate restaurants;
2. Development of a food plaza;
3. Repayment of a term loan facility; and
4. General corporate purposes.
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