Jubilant (the lead investor), Xponentia (the new investor) along with certain other investors invested in the pre-IPO fundraising of Barbeque Nation and acquired around 17% of equity stake in the Barbeque Nation out of which Jubilant acquired 10.76 % equity stake.

Jubilant FoodWorks Ltd (JFL) ... said it will invest ₹92 crore into Barbeque Nation Hospitality Limited (BNHL) for an equity stake of 10.76%.

— Mint

IndusLaw advised Jubilant Foodworks Limited led by a transaction and diligence team of senior partner Avimukt Dar, partner Jinni Sinha, principal associate Nikita Goyal, senior associate Chitvan Bakshi, associate Ekta Yadav, associate Siddharth Dalmia and associate Shivam Gupta, together with partner Abhiroop Lahiri who provided inputs on capital market aspects of the transaction.

Touchstone Partners partner Uday Walia, associate Amiya Mehra and associate Geetanjali Kamat acted for Barbeque Nation.

Desai Diwanji partners Rachna Jain and Sonal Rangnekar with associate partner Farida Dholkawala acted for Xponentia.

Quillon Partners partner Gautam Bhat and principal associate Khusnuma Nagwaswalla acted for CX Partners.

2021-01-01

Deal value: Investment by Jubilant- INR 92 Crores approximately Total round size- INR 150 cr

This deal report is based on a firm's press release and may be only partially complete. Some firms or names of advisers may be therefore be missing.