Barbeque Nation to launch IPO; part of proceeds to be used for loan repayment, says K R Dhanani
Barbeque Nation Hospitality Limited, in an exclusive talk with Zee Business's Mehek Kasbekar, said a part of the proceeds raised by the initial public offering (IPO) will be utilised in repayment of loans, while rest will be deployed in setting up new Barbeque Nation restaurants in India and general corporate purposes.
Barbeque Nation initial primary offering is of Rs 160 crore. Image source: Barbeque Nation