demat account


Call us   09266 63 5802

Speciality Restaurants Ltd IPO

Speciality Restaurants is entering in the capital market with an IPO of 11,739,415 Equity Shares of Rs 10 each. Speciality Restaurants has set a price band of Rs 146 to Rs 155 per share for its IPO. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). 

The Speciality Restaurants Ltd IPO will open on May 16, 2012 and closes on May 18, 2012. 

Speciality Restaurants is the owner of restaurant brands such as Mainland China, Flame & Grill, Machaan and Oh!Calcutta among others.

The objects of the issue are: 
  • Repayment of portions of term loan facilities
  • Development of 32 new restaurants of Mainland China;
  • Development of a food plaza in Kolkata; and
  • Open 16 new restaurants under its various brands- Mainland China, Flame & Grill, Sigree and Italian Cafe this fiscal.
  • General corporate purposes
Kotak Mahindra Capital Company Ltd is the sole book running lead manager to the issue.

Link Intime India Pvt Ltd is the registrar to the issue