Barbeque-Nation Hospitality Share Price

BarbequeNation Hospitality Limited was originally incorporated as Sanchi Hotels Private Limited on October 13, 2006 at Indore, Madhya Pradesh, as a Private Limited Company. Subsequently, name of the Company was changed to BarbequeNation Hospitality Private Limited on February 18, 2008. Thereafter, the Company converted into a Public Limited Company and name of the Company was changed to BarbequeNation Hospitality Limited on March 4, 2008. The Company is primarily engaged in the business of operating casual dining restaurant chain in India. The Company own and operates Barbeque Nation Restaurants, one of Indias leading casual dining restaurant chainsThe first Barbeque Nation Restaurant was launched in 2005 by Sayaji Hotels, one of the Promoters. Five Barbeque Nation Restaurants owned by Sayaji Hotels were transferred to the Company in 2012. The Company has steadily grown its owned and operated Barbeque Nation Restaurant network from a single restaurant in Fiscal 2007 to 81 Barbeque Nation Restaurants in 42 cities in India and one restaurant in Dubai as of June 30, 2017. In addition, as of June 30, 2017, the company had granted the franchise rights of one Barbeque Nation Restaurant.Through the Barbeque Nation Restaurants, the company pioneered over the table barbeque concept in Indian restaurants according to the Technopak Report. Live grills embedded in dining tables allow its guests to grill their own barbecues. The Company believes its Barbeque Nation Restaurants, compared to other fixed price dining options, offer competitive attractions such as a wide range of vegetarian and nonvegetarian appetisers and main courses, a popular dessert menu, a pleasant and casual dining environment and prompt service. The Company also periodically run popular food festivals at its Barbeque Nation Restaurants offering its guests a range of Indian, international and fusion cuisines. The Company is one of the few Indian companies in the organised Casual Dining Restaurant (CDR) segment to have the own inhouse chef training school for development of new products.The Company has recently diversified into a second brand, becoming the India franchisee of the American hamburger chain, Johnny Rockets. As of June 30, 2017, the company had five Johnny Rockets Restaurants in operation and an additional one Johnny Rockets Restaurant was under construction. The Company intends to scale up its Johnny Rockets Restaurants, currently located in Bengaluru, Delhi and Gurugram, to other Metro cities and TierI cities. It also offers fixed price vegetarian and nonvegetarian unlimited six course meals including burgers and milkshakes at some of its Johnny Rocket Restaurants, in addition to la carte, to reduce the bite size encouraging consumption of a greater variety of dishes. The Company also intends to add new dishes to the current menu.In 2013, CX Partners acquired a stake in the Company followed by further acquisition of an additional stake in 2015.In 2021, the Company started with a store network of 164 outlets, which included 147 Barbeque Nation restaurants in India, 6 Barbeque Nation restaurants outside India and 11 restaurants which are operated by the subsidiary Red Apple Kitchen Consultancy Private Limited.