Barbeque-Nation Hospitality Limited[BNHL] 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.

The IPO is a fresh issuance of equity shares of Rs 5 face value, aggregating up to Rs 180 cr and an offer for sale of up to 54,57,470 equity shares of face value of Rs 5 each by the selling shareholders. Equity shares aggregating up to Rs. 2 crore will be reserved for eligible employees. The Company proposes to utilise the net proceeds from the fresh issue towards expansion and opening of new restaurants by the Company, prepayment or repayment of certain outstanding borrowings in part or in full availed by the Company on a consolidated basis and for general corporate purposes.

The Hospitality/F&B Industry has been doing quite well in recent times and this IPO promises to bring a good  ROI to Retail Investors in the short/long term.[The maximum amount one  can invest for an IPO is Rs 2 lakhs via the ASBA route.Listing of the scrip is usually quick:within 10-15 days of closing date of IPO]

Mr Rahul Agrawal,CEO/Whole Time Director,BNHL

BNHL pioneered the format of ‘over the table barbeque’ concept in Indian restaurants according to the Technopak Report. The first Barbeque Nation restaurant was launched in 2006 by one of the promoters, Sayaji Hotels Limited (“SHL”). BNHL launched its first Barbeque Nation restaurant in 2008 and subsequently acquired five restaurants owned and operated by SHL in 2012. As of December 31, 2020, BNHL currently operates 147 Barbeque Nation restaurants (including opened, temporarily closed and under construction outlets) across 77 cities in India and six international Barbeque Nation restaurants across three countries namely UAE, Oman and Malaysia. BNHL has diversified its offering by acquiring 61.35% stake (on a fully diluted basis) in Red Apple Kitchen Consultancy Private Limited which currently owns and operates Italian restaurants under the brand name “Toscano”, a casual dining Italian restaurant chain operating in Pune, Bengaluru and Chennai, “La Terrace” and “Collage”. The Company has further extended its offerings by introducing UBQ by Barbeque Nation to provide a-la-carte Indian cuisine in the value segment. As of December 31, 2020, the Company was providing delivery in 77 cities in India under UBQ by Barbeque Nation from its existing kitchen infrastructure. It has also launched “Barbeque-in-a-Box” in June 2020 as one of their delivery products. This is in addition to two other products, “Grills in a Box” and “Meals in our Box”, which are offered through delivery among other offerings.

IIFL Securities Limited, Axis Capital Limited, Ambit Capital Private Limited and SBI Capital Markets Limited are the BRLMs to the issue.

The Offer is being made in accordance with Regulation 6(2) of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 and through a book building process wherein at least 75% of the net offer shall be allotted on a proportionate basis to Qualified Institutional Buyers (“QIBs”, and such portion, the “QIB Portion”). Our Company and TPL may, in consultation with the BRLMs, allocate up to 60% of the QIB Portion to anchor investors on a discretionary basis ("Anchor Investor Portion”), out of which at least one-third shall be available for allocation to domestic mutual funds only, subject to valid bids being received from the domestic mutual funds at or above the anchor investor allocation price. 5% of the QIB Portion (excluding the anchor investor portion) shall be available for allocation on a proportionate basis to mutual funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all QIB bidders, including mutual funds, subject to valid bids being received at or above the offer price.

About Barbeque-Nation Hospitality Limited

The promoters of BNHL are SHL, Sayaji Housekeeping Services Limited, Kayum Dhanani, Raoof Dhanani and Suchitra Dhanani. CX Partners Fund I Limited (“CX Partners”), through TPL and AAJV Investment Trust, invested in the Company in 2013. Xponentia Opportunities Fund and Jubilant Foodworks Limited invested in the Company in December 2020 and January 2021 respectively. The promoters and the promoter group hold 47.80% in BNHL and the remaining shares in BNHL are held by public shareholders.

The Company was ranked amongst the top 10 retail companies to work for by the Great Places to Work Institute in 2020 in collaboration with the Retailers Association of India and was ranked number 7 amongst India’s best companies to work for in 2020 by the Great Places to Work Institute in collaboration with Economic Times.

Foodies/Gastronomes/Winers & Diners now have an opportunity to "Tuck -In"and Invest in the IPO of  their favourite Enterprise,as far as discerning palates are concerned.

For more info/details,please visit/peruse

www.barbequenation.com

 SAI GOLD PALACE:Grand Opening of Fabulous,New Showroom at Krishnarajapura in Namma BENGALURU

Bangalore:Sunday,21 March 2021

Exciting times saw the inauguration/launch of the fabulous new Showroom spread over two floors on the Old Madras road in busy KR Pura.

Shri HD Kumaraswamy[ex-CM of Namma Karnataka] did the honours along with long time associate (and founder of SAI GOLD PALACE]Dr T.A.Sharavana who is revered for his dynamism,flamboyance and social service[seen in photo below],addressing the Media/Press inside the glittering,luxurious showroom where the finest in Gold,Silver & Diamond Jewellery is on display/sale along with the superb range of  TITAN Watches.                                              

The showroom is located at 44/2,Old Madras road[near Sub-Registrars office]

KR Pura,BENGALURU-560048.For more info/details,please visit/peruse www.saigoldpalace.com

 Fortis Bangalore urges new riders to #pledgetoridesafely ahead of World Head Injury Awareness Day [ 20 March 2021 ] in Namma BENGALURU

Helmets were distributed to 55 new riders and a certificate of pledge were given for "taking the pledge to ride safely"

 

Bengaluru, March 19, 2021: Ahead of World Head Injury Awareness Day, Fortis Hospitals, Bangalore took an initiative in association with Gaadilicence.com to urge new riders to take a pledge to ride safely. As part of the initiative, a media/press conference was conducted at the Bangalore Press Club with Mr. M. Narayan, DCP – Traffic (East), Dr. Manish Mattoo, Zonal Director, Fortis Hospitals, Bengaluru, Dr. Satish S, Additional Director – Neuro Surgery, Fortis Bannerghatta Road and Sagar Jalihalmath, Co-Founder at GaadiLicence as panelists.

 

This is the fourth year where Fortis Hospitals is educating riders on the importance of wearing helmets by distributing free helmets to the non-helmet wearers. Around 55 candidates who received their driving license on Thursday were provided helmets along with a pledge certificate to #pledgetoridesafely. The awareness drive was conducted in association with GaadiLicense.com, a driving school aggregator. The sole aim of the initiative is to create awareness on importance of wearing helmets and ride safely for themselves as well as for the pillion riders.

                                                 

 According to World Health Organisation, 1.25 million people lose their life to road traffic crashes every year. WHO also states that In Karnataka there is about 42 million registered vehicles, of which 71% are motorized two-wheelers. The state capital, Bangalore, has 2 million registered vehicles, 75% of which are two-wheelers. Injuries to the head and neck are the main cause of death according to the survey.      

Fortis Hospitals, Bengaluru, on the occasion of World Head Injury day, 20th March, took an initiative to promote use of helmets while riding. In association with Bangalore Traffic Police, three days drive started on  March 19 and will end on  March 21;conducted on various signals of Jayanagar 4th block, Cunningham Road, Nayandahalli, JP Nagar, Gopalan Mall, Inner Ring Road, Outer Ring Road and Rajajinagar. Traffic police at the signals gave away the helmets along with the pink slips to the people who were seen without wearing a helmet.

The aim of the initiative is to raise awareness on the importance of using helmets while riding to ensure minimal damage in case of accidents.                                         

 

Dr Satish. S, Additional Director – Neuro Surgery said, “India is known to have the highest rate of head injuries in the world. According to the latest data from National Crime Records Bureau, Karnataka tops the list of road accident deaths caused due to over speeding. Road accidents causing head injuries have been an area of major concern. 1 out of every 6 patients die due to head injuries.  A majority of deaths or severe injuries following these accidents can be avoided if the riders wear helmets. It is extremely important to spread awareness around this and to encourage people to use helmets in order to avoid head injuries and protect themselves.”

 

Dr. Manish Mattoo, Zonal Director, Fortis Hospitals, Bengaluru said, “At Fortis Hospitals, we have been spreading the message of road safety through our initiative for the last four years now.  Through this initiative, we want to educate people on the importance of wearing helmets so that they are safe while riding and prevent head injuries. We hope this initiative will create an impact on the new riders and they adhere to the road safety guidelines.”

 

About Fortis Healthcare Limited 

Fortis Healthcare Limited is a leading integrated healthcare delivery service provider in India. The healthcare verticals of the company primarily comprise hospitals, diagnostics and day care specialty facilities. Currently, the company operates its healthcare delivery services in India, Dubai, Mauritius and Sri Lanka with 43 healthcare facilities (including projects under development), approximately 9,000 potential beds and 392 diagnostic centres.

For more info/details please visit/peruse:www.fortishealthcare.com 

www.fortisbangalore.com

                                                                             

                                                                               

                                                                              

 

24th Annual Convocation of Ramaiah Institute of Management[ RIM ] held in Namma BENGALURU

 The 24th Annual Convocation of Ramaiah Institute of Management (RIM) was held on 18th March 2021,at the Hi-Tech Auditorium of the MS RAMAIAH INSTITUTE of TECHNOLOGY[ MSRIT ]at Gokula-Mathikere in Namma BENGALURU.

The chief guest for the occasion was Prof. M.K.Sridhar, President, Centre for Educational; Social Studies, Member UGC. Among the other dignitaries present were the Chairman of Gokula Education Foundation(GEF)Dr.M.R.Jayaram,Director;Trustee of GEF Shri. M.R.Anandaram, Chief Executive, Engineering;General Sciences, Shri. B.S. Ramaprasad, Chief of Finance, GEF,Shri.G.Ramachandra, Director (Academics, Research & Administration) RIM, Dr.Manasa Nagabhushanam and Registrar Evaluation Dr. Savitha Rani Ramachandran          

 This academic year saw 227 students graduating with great gusto & Joie-de-Vivre.The Convocation began with a procession,followed by an invocation song and the Ramaiah anthem. The Chief Executive, GEF welcomed the gathering. The Chairman declared the 24th Convocation open and Dr. Manasa Nagabhushanam, Director Academics,RIM presented the Annual Report highlighting academic activities, student initiatives, academia-industry engagement and placements. Director Academics administered the oath to the graduating class of 2018-20.The Post Graduate Diploma Certificates were given to all the students by the dignitaries. A scintillating Medals/Awards ceremony was also part of the Convocation that recognized outstanding achievements in academic and co-curricular activities. Keerthana KR was awarded the gold medal and the outstanding student of the graduating class of 2018-20.

The Chief Guest delivered the Convocation address laying emphasis on starting from one’s grassroot to understand, perceive and prosper better. He quoted that‘What you learn is more important than what you do.’ He highlighted transitioning into an appropriate career path that helps to achieve the right balance between career and life. He added that one should have the right attitude to overcome challenges in life.The Chairman Dr. M.R.Jayaram delivered the Presidential address.He insisted that one should change and reinvent oneself over time to be relevant in the current context. He further added that one should constantly ideate, take on challenges and contribute to the good of the society.

The Chairman declared the Convocation closed. The Convocation ended with a Vote of Thanks by the Registrar Evaluation, who thanked the guests and the RIM fraternity for their commendable efforts to make the event a grand success. This was followed by the National Anthem.

RAMAIAH INSTITUTE of MANAGEMENT[ RIM ] was established in 1995 and has a stellar record of achievements in the education field,with students finding placements at  enviable salaries/perks,at leading Companies/Enterprises of Business/Industry in India.

For more info/details about the Institute and its courses/ offerings/activities please visit/peruse 

www.msrim.in

www.ramaiah-india.org

               Shape Up! India launches natural and patented Liquid BioCell Life oral collagen in Namma BENGALURU

·       Breakthrough in the field of Regenerative, Sports and Aesthetic Medicine

·        Product to make ligaments, tendons stronger, enhance skill, improve performance

BANGALORE, March 13, 2021: Maintaining active joints and younger-looking skin is essential for healthy aging. Chronic degenerative conditions are becoming more prevalent due to micronutrient, malnutrition, environmental toxicity and increasing number of uninsured & unsecured ageing population living under stress.

In a major breakthrough, doctors of regenerative medicine, dermatologists, general physicians, orthopedic consultants and physiotherapists from across India, along with Ms Margie Aliprandie, Health & Wellness Consultant from USA had a brainstorming symposium on this which culminated in the launch of a revolutionary oral collagen – Liquid BioCell Life in Bengaluru today at the Century Club,one of Namma BENGALURU's oldest,picturesque,verdant recreational Clubs.

Shape Up India, a non- profitable organization and a leading health services provider, launched this,amazing,innovative, natural and patented product.

“Liquid BioCell Life is a delicious liquid nutraceutical that promotes healthy aging, active joints, and younger-looking skin. It provides a unique and proprietary combination of science-substantiated ingredients and antioxidant-rich phytonutrients that synergistically support a healthier life,” explains Margie Aliprandie.

                                    

The product claims to be helpful for millions of chronic degenerative cases and sportspersons and is an Energy/Metabolism booster concoction,akin to a Multi-fruit/berry SMOOTHIE,with all the goodness of NATURAL Ingredients included.

This Oral drink has no PRESERVATIVES,ADDITIVES,COLOURING matter whatsoever and is recommended by Nutritionists,Doctors,Health/Wellness Experts,Fitness Enthusiasts,Holistic Lifestyle practitioners..

“Liquid BioCell Life contains a number of health-promoting, functional ingredients. They include patented Liquid BioCell, resveratrol, and 13 superfruits known to contain antioxidants, vitamins, minerals and dietary fibers. Scientific studies on individual ingredients suggest that it can synergistically promote the overall health of aging people,” adds Dr Srinivas Murthy, specialist in regenerative medicine.

About Liquid BioCell Life oral collagen

Only Liquid BioCell Life contains multi-patented Liquid BioCell, which has constituents such as collagen, hyaluronic acid (HA), and chondroitin sulfate (CS), which are proteins and glycosaminoglycans (GAGs) all essential for healthy joints and skin. It is blended with resveratrol and 13 exotic, antioxidant-rich fruits from around the globe, including blueberry, mangosteen, açai berry, noni, and pomegranate.Fruit drinks/smoothies are one of the HEALTHIEST things to ingest/drink and keep the Alimentary canal/Gut loaded with Active Nutrients for a Fit,Athletic body,balanced with the right kind of Nutrients.

“The phytonutrients, including vitamins, flavonoids, polyphenols, and dietary fibers.contained in the fruits possess multiple health-promoting, biological activities.The flavor is so unique, you will remember exactly where you were the first time Liquid BioCell Life touched your palate,” adds Margie

Liquid BioCell Life is not a prescription product and can be consumed like a health drink.

Health aficianados will now have a fabulous drink to rev up their Energy levels to get the best out of a consumable,tasty,concoction which is sure guaranteed to be beneficial to HUMAN HEALTH,what with all the lip-smacking,flavourful,natural ingredients !

About ShapeUpIndia

ShapeUpIndia, a non- profitable organization started 18 yrs ago by a group of medical experts and healthcare consultants.ShapeUp India involves in identifying & promoting high quality, innovative, economical safe and natural nutritional products from all over the world and to provide preventive health care services at community & corporate level through dynamic social marketing entrepreneurs.

For more details log into http://shapeupindia.in

                               https://effectivecollagen.com

 KT Professional, Hair Expert Jawed Habib organizes Masterclass to mark International Women’s Day in Namma BENGALURU

Also,Launch of Jawed Habib’s Pre- Conditioning Mustard Oil Hair Solution Product at Rs 899/-

BANGALORE, March 8, 2021: KT Professional, India’s Renowned and Affordable luxury hair brand from Ccigmaa Lifestyle organized a masterclass with Hair Expert Jawed Habib today at Hotel ITC Welcome in Bengaluru to mark International Women’s Day.

As part of the event, Hair Stylist and renowned Hair Expert Jawed Habib also unveiled KT Pre- Conditioning, popular over more than 10 years with depth research Mustard Oil Hair Solution Product at most affordable price at Rs 899/- exclusively for women. This mustard oil based pre conditioning pack set of three products contains hair repair solutions for chemically treated hair.

Addressing media/press persons at the launch, Dhruv Sayani, Managing Director, Ccigmaa Lifestyle said, “The change of season and places are always a complicated time for hair. As summer is approaching, hair needs extra care, though these changes happen with every season.With a similar vision to cater to the Indian people and make a difference by world class education and best of the quality products Ccigmaa Lifestyle is delighted to work together with India’s Hair Expert Jawed Habib. No one knows Indian hair science better than Jawed Habib”                                        

 About the Mustard Oil Hair Solution:

This Mustard Oil based product does not require a conditioner as the pre-conditioning pack is all about conditioning your hair with the “Mustard Oil Mist” before the use of the “Mustard Shampoo”. This 3 step process consists of:

 STEP 1 – “KT Pre Conditioning Mustard Oil Mist” to be used on hair 10 minutes before shampoo This is a Natural Hair Conditioner that improves your hair quality.

STEP 2 – “KT Mustard Shampoo” which is Sulfate Free, Paraben Free, Sodium Chloride Free.

STEP 3- “KT Pre Conditioner Silky Serum” to be applied on damp hair after shampoo for soft,smooth, and silky hair.

About KT Professional:

KEHAIRTHERAPY PROFESSIONAL is introduced into India by Ccigmaa Lifestyles Pvt Ltd in the year 2016, it brings to you a never seen before range of Hair Care products with utmost quality. Currently KT Professional has a presence across 27 states, 86 plus cities with satisfied clients and KT product lovers in over 15,500+ salons. With a wide range of products for in salon services for all types of hair and extended in-salon use products for aftercare, we give a complete solution to any hair texture and types.                               

  

For more information contact:Shaikh Farhad: +91 89280 85652

                                                                           +91(0)22-2925 3959

e-mail:info@ccigmaalifestyle.com

Please visit/peruse:www.ktprofessional.com

OMRON Experience Centre Launch in Namma BENGALURU

OMRON Healthcare expands its reach in South India

Inaugurates one-of-its-kind exclusive experience & service center at BANGALORE  

 

Bengaluru, March 7, 2021: OMRON Healthcare India – a global leader in digital blood pressure monitoring domain - today announced the launch of its next experience cum service center in the country at Bengaluru. With this center, OMRON now has 65 touch points across India including experience, service and pick-up centers. The center, exclusively dedicated to brand OMRON’s portfolio, signifies a one-of-its-kind business strategy amongst the home healthcare monitoring brands in the country. It also underlines the  company’s commitment to reach closer to consumers via brick & mortar stores along with strengthening its availability in the e-commerce channels  to make them experience the utility of OMRON  products and to provide a swift and easy access to quality repairs & services.

                                                      

  

Lamp Lightning Ceremony: Sri. P.C.Mohan, MP, Bangalore Central, Sri. Krishna Reddy M, Ex-Deputy Speaker, MLA – Chinthamani, Sri. Masanori Matsubara, MD, OMRON Healthcare India, Jayakumar VP, Business Partner, OMRON Healthcare India, Sri. Sachidanand Murthi, President, Brahmin Nigama, Government of Karnataka, Sri. S Jayaram, Chairman, JK Group (Left to Right) lighting the lamp.

 

Commenting on the announcement, Mr. Masanori Matsubara, MD, OMRON Healthcare India, said “With the growing significance & inclusion of preventive healthcare management in the lifestyles of people in the post Covid era, customers must get hands-on experience and access to the advanced technology. OMRON’s experience center, therefore, aims to provide product experience through actual demonstration of the products along with providing the complete gamut of repair services ranging from run-of-the-mill calibration issues to advanced technical interventions.”

Post Covid, a greater number of Indians are buying Digital Blood Pressure Monitors (BPMs) to monitor their vital parameters effectively. The brand has seen a surge in sales of BPMs by as much as 30 per cent in the post Covid months.

 

                                    

Demonstration of the BPM: Sri. P.C.Mohan, MP, Bangalore Central experiencing OMRON product at the new showroom launched in Bangalore in presence of  Sri. Masanori Matsubara, MD, OMRON Healthcare India, Sri. Krishna Reddy M, Ex-Deputy Speaker, MLA – Chinthamani and Sri. S Jayaram, Chairman, JK Group

The center is equipped with an ‘Experience Zone’ for customers offering live demo for a wide range of OMRON products. It is expected to address 100+ customers on a daily basis initially, where they  will be provided with quick resolution of queries and complete know-how on the utility of products.

 

Sharing more on the objectives of the launch, Mr. Rohit Saini, GM- Sales & Marketing, OMRON Healthcare India, said, “While we have a strong retail presence in the states, the exclusive centres of this sort will help in building a deeper and wider connect with customers residing across Karnataka. This is in sync with our overarching objective of helping them lead a healthy lifestyle in the new normal.”

 

Mr. Matsubara also highlighted that the facility indicates one more step of OMRON towards realizing its long term ‘Zero Events’ vision (no incidence of heart attacks & brain strokes) by strengthening the availability and practice of home healthcare monitoring via provision of quality medical devices to Indian society like digital blood pressure monitors, nebulizers, thermometers, nerve stimulators, body fat monitors, weighing scales, etc.

 

About OMRON Healthcare India

Established in 2010, OMRON Healthcare India is a key player in the health care segment providing innovative medical technologies for Monitoring and Therapy. Equipped with OMRON's competent "Bio-information Sensing" the portfolio comprises of home healthcare products such as blood pressure monitors, respiratory therapy devices, body fat monitors, digital thermometers, pain management devices, etc. OMRON Healthcare was the first to introduce manual and digital blood pressure units to the home healthcare market in the world. Today, OMRON has the highest market share in the home-use digital BP monitor in India and across the globe.

                       

                                           OMRON Healthcare India’s Experience Centre

For more Info/details,please visit/peruse

https://www.omronhealthcare-ap.com/in

https://www.omronbrandshop.com/