|
|
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.
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.
| 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 Size | 23,000,000 Eq Shares of ₹10 (aggregating up to ₹92.00 Cr) |
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 |
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)
| Category | Subscription (times) |
|---|
| Listing Date | Thursday, May 17, 2007 |
| BSE Script Code | 532845 |
| NSE Symbol | TGBHOTELS |
| Listing In | B1 Group of Securities |
| ISIN | INE797H01018 |
| IPO Price | ₹40 per equity share |
| Face Value | ₹10 per equity share |
|
|
|
Bhagwati Banquets And Hotels Ltd
Bhagwati Banquets And Hotels Ltd,
Plot No 380, Sarkhej Gandhinagar Highway,
Bodakdev, Ahmedabad-380054, India
Phone: +91-79-26841000
Email: companysecretary@thegrandbhagwati.com
Website: http://www.thegrandbhagwati.com
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: bbhl@intimespectrum.com
Website: http://www.linkintime.co.in
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.
Useful Articles
Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
