Friday, May 11, 2012

Speciality Restaurants IPO to hit market on May 16th to May 18th

Speciality Restaurants is entering in the capital markets with an initial public offering, IPO of 11,739,415 Equity Shares of Rs 10 each.

Speciality Restaurants Ltd is a fine dining operator in India with 62 restaurants and 11 confectionaries as of December 31, 2010. 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. Their restaurants consist of different restaurant concepts and are located across India, with the majority concentrated in the western region.

The issue opens on May 16, 2012 and closes for subscription on May 18, 2012. The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Visit Speciality Restaurants IPO Detail page for more info.