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Grill Splendour Services Limited IPO

Grill Splendour Services Limited was a SME IPO in the Restaurants sector, offered at ₹120–₹120 per share to raise ₹16 crore. It listed on 23 Apr 2024 at ₹121 and closed its first day at ₹127, a listing gain of +6.1% versus the ₹120 issue price. It now trades around ₹74 (-38.6% versus the issue price).

Frequently asked questions

What were the Grill Splendour Services Limited IPO listing gains?
Grill Splendour Services Limited listed on 23 Apr 2024 at ₹121, closing its first day at ₹127 — a listing gain of +6.1% versus the ₹120 issue price.
What was the price band and lot size of the Grill Splendour Services Limited IPO?
The price band was ₹120–₹120 per share, with a minimum lot of 1,200 shares (₹1,44,000 at the upper band).
Who were the registrar and lead manager for the Grill Splendour Services Limited IPO?
Bigshare Services Private Limited was the registrar, and Inventure Merchant Banker Services was the book-running lead manager.