Bhagwati Banquets And Hotels Ltd IPO (Bhagwati Hotels IPO) Detail

Apr 18, 2007 - Apr 25, 2007

Incorporated in November 1999, Bhagwati Banquets And Hotels Ltd (BBHL) is in the business of banquet halls, marriage halls, party halls and plots, hotels, restaurants, catering and cafe, taveran, refreshment room, entertainments, amusements, club, bath, grounds and places of recreation, sports, picnic places and hotel related services.

At present BBHL operate and manage one Hotel under the name “The Grand Bhagwati” and a chain of Restaurants at various locations in Ahmedabad, Gujrat.

BBHL is expanding its presence in Ahmedabad through the opening and acquisition of new restaurants and starting a new five star hotel at Surat.

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges and
To raise capital for financing our expansion plans and
Capital expenditure for setting up a hotel in Surat.

Bhagwati Hotels IPO Details

IPO Opening Date Apr 18, 2007
IPO Closing Date Apr 25, 2007
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹36 to ₹40 per equity share
Market Lot 175 Shares
Min Order Quantity 175 Shares
Listing At BSE, NSE
Issue Size23,000,000 Eq Shares of ₹10
(aggregating up to ₹92.00 Cr)

Bhagwati Hotels IPO Lot Size

The Bhagwati Hotels IPO market lot size is 175 shares. A retail-individual investor can apply for up to 28 lots (4900 shares or ₹196,000).

Application Lots Shares Amount (Cut-off)
Minimum 1 175 ₹7,000
Maximum 28 4900 ₹196,000

Bhagwati Hotels IPO Subscription Status (Bidding Detail)

The Bhagwati Hotels IPO is subscribed 1.83 times on Apr 25, 2007 17:00. The public issue subscribed 3.09 in the retail category, 0.42 in the QIB category, and 3.55 in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

Bhagwati Hotels IPO Prospectus

Bhagwati Hotels IPO Rating

Rating:Rated 2.8 stars
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Bhagwati Hotels IPO Listing Date

Listing Date Thursday, May 17, 2007
BSE Script Code 532845
Listing In B1 Group of Securities
ISIN INE797H01018
IPO Price ₹40 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

IPO Price
Last Trade

Company Contact Information

Bhagwati Banquets And Hotels Ltd
Bhagwati Banquets And Hotels Ltd,
Plot No 380, Sarkhej Gandhinagar Highway,
Bodakdev, Ahmedabad-380054, India
Phone: +91-79-26841000

Bhagwati Hotels IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Bhagwati Hotels IPO Reviews / Ratings

  • Business Line - Avoid

Bhagwati Hotels IPO FAQs

Bhagwati Hotels IPO is a main-board IPO of 23,000,000 equity shares of the face value of ₹10 aggregating up to ₹92.00 Crores. The issue is priced at ₹36 to ₹40 per equity share. The minimum order quantity is 175 Shares.

The IPO opens on Apr 18, 2007, and closes on Apr 25, 2007.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Bhagwati Hotels IPO opens on Apr 18, 2007 and closes on Apr 25, 2007.

Bhagwati Hotels IPO lot size is 175 Shares and the minimum order quantity is 175 Shares.

You can apply in Bhagwati Hotels IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Bhagwati Hotels IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Bhagwati Hotels IPO allotment status.

The Bhagwati Hotels IPO listing date is on Thursday, May 17, 2007.

Bhagwati Hotels IPO Message Board

Ranked Members  Ranked Members

27. mils |Jun 18, 2007 12:58
it's an 80 rs stock in 1 yr. Buy now at the current rate of 42 rs. I told u guys to buy last week when it was 36. within 1 week it is 6 rs jump from 36 to 42. Still it's not late.
26. mils |Jun 15, 2007 12:10
Look at the current price & volume guys, whatever i told u in the mng (& also since last 3 days)has come true.Even now it's not too late.
25. mils |Jun 15, 2007 10:48
Buy at current rate 38 rs. It will touch 40 rs today before close. 80 rs in 1 yr.highly recommended. See the volumes at which it is being traded. Today is the board meeting
24. mils |Jun 14, 2007 10:23
It is trading at 38.Go & have a kill. Buy at this rate. It's 2rs up in last 2 days, since i first reported to buy at 36 rs. It will be 80 rs in 1 year. This is the best bet at this price with current scenario
23. mils |Jun 13, 2007 12:30
Look at the current price. It's 38. It's already up by 2 rupees since yesterday since i told u to buy. Even now it is a good bet. It is 80 rs worth stock in another 1 year. 100% profit in one year. Go & buy even now at this rate of 38 rs. It is a very good bet
22. mils |Jun 12, 2007 14:40
A good bet at this rate.Expected to cross 40 in next 2 weeks. Board meeting is on 15th.
21. sunanda |May 30, 2007 16:02
The pricicng is down day by Day is it the reight time to sell.
20. tr |May 16, 2007 23:04
ahmedabad stock price of bhagwati going at 28 rs.
may go orient ceramics way 20-21 rs is the correct price for it
19. anand |May 16, 2007 20:45
going to be listed at price of 70/-
18. TC |May 10, 2007 00:09
buy this stock at 12 rs.12-15 rs correct price for this bad ipo.
cheater people run away with the money.
17. amitkumararora |May 9, 2007 18:20
Allotment out on intime spectrum.
16. ramanna |Apr 26, 2007 16:46
Congrates! retail investors. You have ).6times of qib quota also. U will get more allottment and an opportunity to loose money!!!
15. manish |Apr 26, 2007 09:46
very low qib interest,same poor qib interest in raj tv ipo
raj tv currnetly at profit if any on 1st day
14. ramanna |Apr 25, 2007 08:51
this types of issues will give listing gains only if on listing day if market makes strong positive movews. Othere wise 10-20% listing loss is for sure.
13. manish |Apr 22, 2007 20:56
grade 1 & grade 2 poooooooor ipo
12. chintan |Apr 21, 2007 15:52
please stay away for this ipo if invest this sector invest in indian hotel or buy this stock after listing 4-5 days.
11. AMIT SEHGAL |Apr 20, 2007 12:06
10. Vikram R |Apr 18, 2007 20:55
MC Expert Comments:

R S Iyer (KR Choksey) - Apply
Hilton Metal is an average issue and there is no counter demand for the issue. It's a low profile company. Only long term investors can apply for the issue. Keep a cautious approach before applying any issue.

SP Tulsian (Investment Advisor) - Don’t Apply
He advised investors to ignore Hilton Metal IPO as there is no good track record of the company; valuations also weak and no fancy. It is an average issue.
9. srinath |Apr 17, 2007 11:53
Instead you may buy Viceroy hotels at CMP. They have ambitious plans and will double by October 2007
8. Dr. biren parikh |Apr 13, 2007 21:16
Dont subscribe. as this is project 4 five star hotel in surat. it will generate revenueafter 3 yrs. buy any good shares insted of this