Barbeque-Nation Hospitality Limited Initial Public Offering of Equity Shares opening on March 24, 2021

Price Band of Rs. 498 – Rs. 500 per equity share of face value of Rs. 5 each (“Equity Share”)
· Bid/Offer Opening Date – Wednesday, March 24, 2021 and Bid/Offer Closing Date – Friday, March 26, 2021
· Minimum Bid Lot is 30 Equity Shares and in multiples of 30 Equity Shares thereafter
· The Floor Price is 99.6 times the Face Value of the Equity Shares and the Cap Price is 100 times the Face Value of the Equity Shares.
Bengaluru, March 22, 2021: Barbeque-Nation Hospitality Limited (referred to as BNHL or the Company), one of India’s leading casual dining restaurant chains (in terms of outlet count as on September 30, 2020) according to a report dated February 19, 2021 prepared by Technopak Advisors Private Limited (the “Technopak Report”), will open the bid/offer period in relation to its initial public offering of equity shares (the “Offer”/ “IPO”) on Wednesday, March 24, 2021 and close on Friday, March 26, 2021. The price band for the Offer has been decided at Rs. 498 – Rs. 500 per equity share. The Company and Tamara Private Limited (“TPL”), a selling shareholder, may in consultation with the book running lead managers (the “BRLMs”), consider participation by anchor investors, which shall be one working day prior to the bid/Offer opening date, i.e. Tuesday, March 23, 2021.