Speciality Restaurants Ltd - SPECIALITY REST. Share Price

Summary

Incorporated in 1999, Speciality Restaurants Ltd is a fine dining operator in India. At the end of financial year ended March 31, 2018, Speciality Restaurants had 106 Restaurants (including 27 franchisees) and 22 Confectionaries. The companys flagship brand Mainland China focuses on serving Chinese cuisine with contrasting flavours and spices. Originally the company launched its first restaurant network in 1992 under the name Only Fish, which was later renamed as Oh! Calcutta in 1996.Kix was launched in 2007 as a bar with dance floor and music. It is targeted at young professional segment of the Indian population. Shack was launched in 2009 as a bar lounge with a beach theme targeted at the young Indian professional segment. Kibbeh was launched in May 2010 as a Lebanese bar and lounge that is targeted at the young Indian professional segment.In May 2012, Speciality Restaurants came out with an initial public offer (IPO) of 11,739,415 equity shares. The IPO was open for subscription during the period from 16 to 18 May 2012. The IPO was priced at Rs 150 per share.During the financial year ended 31 March 2014, the company introduced new brands like Sigree Global Grill, Cafe Mezzuna and Hoppipola in an effort towards sweating of assets. Hoppipola is an all-day bar and restaurant that offers contemporary food.Speciality Restaurants entered into a joint venture with the Al Mohannadi Group for the purpose of setting up a restaurant under the brand name Mainland China and a Joint... Read More