(THIS IS ONLY AN ADVERTISEMENT FOR INFORMATION PURPOSES AND NOT A PROSPECTUS ANNOUNCEMENT)

Our Company was incorporated as Grill Splendour Services Private Limited on November 29. 2019 under the Companies Act. 2013 with the Registrar of Companies. Central Registration Centre bearing Registration number333814. The status of the Company was changed to public limited andthe name of our Company was changed to Grill Splendour Services Limited vide Special Resolution dated August 14.2023 pursuant to conversion of the Company into public limited Company. The fresh certificate of incorporation consequent to conversion was issued on September 06.2023 by the Registrar of Companies. Mumbai. The Corporate Identification Number of our Company is U55100MH2019PLC333814. For further details of our Company. see "General Information" and "History and Certain Other Corporate Matters'on pages 36and 99. respectively.

INITIAL PUBLIC OFFERING OF UPT013.72.800 EQUITY SHARES OF Rs. 10 EACH ("EQUITY SHARES") OF GRILL SPLENDOUR SERVICES LIMITED ("GSSL OR THE "COMPANY") FOR CASH ATA PRICE OF Rs.  120PER EQUITY SHARE (THE "OFFER PRICE"). AGGREGATINGTO Rs.  1.647.36 LAKHS ("THE OFFER']. OFTHE OFFER. 69.600 EQUITYSHARES AGGREGATINGTO Rs. 83.52 LAKHS WILL BE RESERVED FOR SUBSCRIPTION BY MARKETMAKER ("MARKET MAKER RESERVATION PORTION"). THE OFFER LESSTHE MARKETMAKER RESERVATION PORTION I.E. OFFER OF 13.03.200EQUITYSHARES OF FACE VALUE OFRs.   10.00 EACH AT AN OFFER PRICE OF Rs.  120.00 PER EQUITY SHARE AGGREGATING TO Rs. 1.563.84LAKHS IS HEREINAFTER REFERRED TO AS THE "NET OFFER". THE OFFER AND THE NET OFFER WILL CONSTITUTE 26.34% AND 25.02%. RESPECTIVELY OF THE POST OFFER RAID UPEQUITYSHARE CAPITAL OF OUR COMPANY. FOR FURTHER DETAILS. SEE 'TERMS OFTHE OFFER' ON RAGE 177 OFTHE PROSPECTUS.

As per Regulation 253(2)of the SEBI (ICDR) Regulations, as amended. as present issue is a fixed price offer the allocation in the net offer to the public category shall be made as follows:

a) Minimum fifty percent to retail individual investors: and

b) Remaining to:

i. Other investors including corporate bodies or institutions, irrespective of the number of specified securities applied for:

Provided that the unsubscribed portion in either of the categories specified in (a) or (b) above may be allocated to the applicants in the other category.

If the retail individual investor category is entitled to more than fifty percent on proportionate basis, accordingly the retail individual investors shall be allocated that higher percentage.

1. The Lead Manager to the Issue. Inventure Merchant Bankers Services Private Limited has handled 8 public issues in the past 3 years out of which 6 closed below the issue price as on listing date.

2. The average cost of acquisition of or subscription to Equity Shares by our Promoters is set forth in the table below:

3. Our Equity Shares have never been publicly traded and may experience price and volume fluctuations following tie completion of the Issue. Further, our Equity Shares may not result in active and liquid market and the price of our Equity Shares may be volatile an you may be unable to sell your Equity Shares at or above the Issue Price or at all.

The Equity Shares offered through the Prospectus are proposed to be listed on the EMERGE Platform of National Stock Exchange of India Limited ("NSP') in terms of the Chapter IX of the SEBI (ICDR) Regulations, as amended from time to time. Our Company has received an approval letter dated March 19, 2024 from National Stock Exchange of India Limited ("NSE"') for using in the Offer Document for listing of our shares on the Emerge Platform of NSE. For the purpose of this Issue. NSE is the Designated Stock Exchange. The trading is proposed to be commenced on or about TUESDAY. APRIL 23, 2024*.

*Subject to the receipt of listing and trading approval from the NSE EMERGE Platform.

THISOFFER IS BEING MADE IN TERMS OF CHAPTER IX OFTHE SECURITIES AND EXCHANGE BOARDOF INDIAfISSUE OFCAPITAL AND DISCLOSURE REDUIREMENTS) REGULATIONS. 2018(THE "SEBI (ICDR) REGULATIONS"). AS AMENDED. IN TERMS OF RULE 19(2)(b) OF THE SECURITIES CONTRACTS (REGULATION)RULES. 1957. ASAMENDED.THISISAN OFFER FOR ATLEAST 25% OF THE POST-OFFER PAID- UPEDUITY SHARE CAPITAL OF OUR COMPANY. THIS OFFER ISA FIXED PRICE OFFER AND ALLOCATION IN THE NET OFFERTO THE PUBLICWILLBE MADE IN TERMS OF REGULATION 253 OF THE SEBI (ICDR) REGULATIONS. AS AMENDED. FOR FURTHER DETAILS. SEE'OFFER PROCEDURE* ONPAGE186 OF THE PROSPECTUS. All potential investors shall participate in the Offer only through an Application Supported by Blocked Amount (‘ASBA") process including through UPI mode (as applicable) by providing details of the irrespective bank accounts and / or UPI IDs. in case of Rlls. if applicable, which will be blocked by the Self Certified Syndicate Banks ("SC SB s') for the same. A copy will be delivered for registration to the Registrar of Companies as under Section26 of the Companies Act. 2013. For details in this regard, specific attention is invited to "Offer Procedure" on page186.Acopy of the Prospectus has been delivered for registration to the Registrar of Companies as required under Section26 of the Com pan iesAct.2013.

All Applicants were allowed to participate in the Issue through APPLICATIONS SUPPORTED BY BLOCKED AMOUNT ('ASBA") process by providing the details of their respective bank accounts in which the corresponding application amounts were blocked by Self Certified Syndicate Banks (the "SCSBs"). Further, for UPI Applicants (Investors biding for amount upto Rs. 5 Lacs) use of UPI Id in Application Form was allowed while applying for equity IPOs through Designated Intermediaries (Syndicate members. Registered Stock Brokers. Registrar and Transfer agent and Depository Participants). All Other Category of Investors shall mandatory use only Application Supported by Blocked Amount (ASBA) facility for making payments. Subsequently, pursuant to SEBI circular no SEBVHO/CFQ'DIL2/P/CIR/2022/75 dated May 30.2022. applications made using the ASBA facility in initial public offerings (opening on or after September 1, 2022) shall be processed only after application monies are blocked in the bank accounts of investors (all categories).

SUBSCRIPTION DETAILS

The Issue has received 7255 applications (after removing applications not banked) for 1,14,01,200 Equity Shares resulting in 8.31 limes subscription (including reserved portion of Market Maker). The details of the applications received in the Issue (before technical rejections) are as follows:

Detail of the Applications Received (Before Technical Rejection)

The details of applications rejected by the Registrar on technical grounds/withdrawal are detailed below:

Technical rejection / Withdrawal

After eliminating Technically Rejected applications, the following table gives the details of Category wise net valid applications:

*lf the Retail Individual Investors category is entitled to more than 50% on proportionate basis, the Retail Individual Investors shall be allocated that higher percentage.

Allocation: The Basis of Allotment was finalized in consultation with the Designated Stock Exchange - NSE on April 19,2024.

A. Allocation to Market Maker (After Technical Rejections): The Basis of Allotment to the Market Maker, at the issue price of Rs. 120/- per Equity Share, was finalized in consultation with NSE. The category was subscribed by 1.00 times. The total number of shares allotted in this category is 69,600 Equity Shares.

B. Allocation to Retail Individual Investors (After Technical Rejections): The Basis of Allotment to the Retail Individual Investors, at the issue price of Rs. 120/- per Equity Share, was finalized in consultation with NSE. The category was subscribed 8.54 time after technical rejections. The total number of shares allotted in this category is 9,57,600 Equity Shares to 798 successful applicants.

C. Allocation to Non-Retail Investors (After Technical Rejections): The Basis of Allotment to the Non-Retail Investors, at the issue price of Rs. 120/-per Equity Share, was finalized in consultation with NSE. The category was subscribed 8.56 times after technical rejections. The total number of shares allotted in this category is 3,45,600 Equity Shares.

The Category-wise details of the Basis of Allotment are asunder:

The Board of Directors of the Company at its meeting held on April 19,2024 has taken on record the Basis of Allocation of Equity Shares approved by the Designated Stock Exchange viz. NSE and has authorized the corporate action for the transfer of the Equity Shares to various successful applicants.

The Refund/allotment intimation will be dispatched to the address of the Applicants as registered with the depositories on or about April 22,2024. Further, the instructions to Self Certified Syndicate Banks for unblocking the amount will be processed on or prior to April 22,2024. In case the same is not received within ten days, investors may contact Registrar at the address given below.

The Equity Shares allocated to successful applicants are being credited to their beneficiary accounts subject to validation of the account details with the depositories concerned. The Company is taking steps to get the Equity Shares admitted for trading on Emerge Platform of NSE within three working days from the date of the closure of the Issue.

Note: All capitalized terms used and not defined herein shall have the respective meaning assigned to them in the Prospectus dated April 2,2024 ("Prospectus").

INVESTORS PLEASE NOTE

The details of the allotment made would also be hosted on the website of the Registrar to the Issue BIGSHARE SERVICES PRIVATE LIMITED at www.bigshareonline.com . All future correspondence in this regard may kindly be addressed to the Registrar to the Issue quoting full name of the First/Sole applicants, serial number of the Application Form, number of shares applied for and Bank Branch where the application had been lodged and payment details at the address of the Registrar given below:

	BIGSHARE SERVICES PRIVATE LIMITED
	S6-2, 6th Floor, Pinnacle Business Park, Mahakali Caves Road, Next to Ahura Centre, Andheri East, Mumbai - 400 093, Maharashtra, India
	Tel. No.: +91 22 6263 8200 Email: ipo@bigshareonline.com  Website: www.bigshareonline.com
	Investor Grievance Email: investor@bigshareonline.com  SEBI Registration No.: INR000001385
	Contact Person: Babu Rapheal C.

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARE ON LISTING OR THE BUSINESS PROSPECTS OF GRILL SPLENDOUR SERVICES LIMITED.