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IPO

Alchemy: 40% Barbequed

Source: DRHP Filings of Barbeque Nation

In March 2018, Alchemy bought 5.75 L shares of Barbeque Nation @ 832 Rs/share

Interesting to see them fully exit three years later @ 500 Rs/share, a discount of 40% to their buy price.

Terrific vote of confidence !

Update: It has been brought to my attention that in red herring prospectus, Alchemy India is no longer a selling shareholder.

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IPO Tweets

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IPO

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IPO

Woh 1999 Wala Feeling

Categories
IPO

What Retail Euphoria looks like

Amazing retail response on Day 1 of the IPO.