Incorporated in 1996, Mahindra Holidays and Resorts India Limited (MHRIL) is a part of the US$ 6.7 billion Mahindra group. MHRIL is India’s number one holiday brand offering quality family holidays with a range of services.
The company’s flagship brand ‘Club Mahindra Holidays’, has a fast growing customer base of over 79,000 members and 23 beautiful Resorts at some of the most exotic spots in India and abroad. Mahindra's resorts at Goa, Coorg, Munnar, Manali, Binsar Kumbhalgarh and Dharamshala are recipients of the RCI Gold Crown Award for the year 2008-2009.
The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:
1. Expansion of existing resorts & setting up new projects;
2. General Corporate purposes.
»» Issue Open: Jun 23, 2009 - Jun 26, 2009
»» Issue Type: Book Built Issue IPO
»» Issue Size: 9,265,275 Equity Shares of Rs 10 aggregating up to Rs 277.96 Cr
»» Face Value: Rs 10 Per Equity Share
»» Issue Price: Rs. 275 - Rs. 325 Per Equity Share
»» Market Lot: 20 Shares
»» Minimum Order Quantity: 20 Shares
»» Listing At: BSE, NSE
FITCH has assigned an IPO Grade 4 to Mahindra Holidays and Resorts IPO. This means as per FITCH, company has Above average fundamentals . FITCH assigns IPO gradings on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals. Link to download Fitch rating document.
|Number of Times Issue is Subscribed (BSE + NSE)|
|As on Date & Time||QIB||NII||RII||Total|
|Shares Offered / Reserved||5,559,165||926,527||2,779,582||9,265,274|
|Day 1 - Jun 23, 2009 17:00 IST||0.3216||0.0108||0.0279||0.2000|
|Day 2 - Jun 24, 2009 17:00 IST||0.6337||0.0151||0.0666||0.4000|
|Day 3 - Jun 25, 2009 17:00 IST||1.0930||1.2718||0.2533||0.8600|
|Day 4 - Jun 26, 2009 17:00 IST||12.8262||11.0060||3.3578||9.8000|
Vote Here ...
We provide detail comparison of stock / commodities brokeRs We helped over 75,000 traders/investors to save 60% or more brokerage in last 3 yeaRs Here is the list of popular brokers to help investors like you to find the best broker.
We can help you choosing the right broker. Contact us today...
Free Equity Delivery Trades
Flat Rs 20 Per Trade for F&O
Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits
(* on online account opening)
Flat Rs 15 Per Trade
100% cash back on 30 days brokerage (up to Rs 1000)
Get This Exclusive Offer
Brokerage: Intraday @ 0.02%, Delivery @ 0.15%
Rs 0 account opening fee
(Rs 400 waived)