Cox and Kings (India) Limited IPO (Cox and Kings IPO) Detail

Nov 18, 2009 - Nov 20, 2009

Incorporated in 1939, Cox and Kings (India) Ltd is one of the India’s largest tour and travel operator. Company design travel packages for both individuals and groups for their domestic and international travel.
Cox provides end to end travel solutions including land, air and cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, visa, passport and medical insurance assistance and such other destination management services. They also provide value added services viz., customising travel plans for NRI customers, travel arrangements for Trade Fairs, providing private air charter services, etc.
Company's headquarter is in Mumbai and has the status of a limited company. It has over 14 fully owned offices in India across key cities such as Mumbai, New Delhi, Chennai, Bangalore, Kolkata, Ahmedabad, Kochi, Hyderabad, Pune, Goa, Nagpur and Jaipur. The worldwide offices are located in UK, USA, Japan, Russia, Singapore and Dubai. It has associate offices in Germany, Italy, Spain, South Africa, Sweden and Australia.

Company Financials:

ParticularsFor the year/period ended (Rs. in Millions)
30-June-0931-Mar-0931-Mar-0831-Mar-0731-Mar-0631-Mar-05
Total Income634.251,613.711,221.39915.13657.45455.18
Profit After Tax (PAT)204.27381.76320.63215.16107.76106.42

Objects of the Issue:

The objects of the Issue are to achieve the benefits of listing on the Stock Exchanges & to raise capital to:

1. Repayment of Loans;
2. Acquisitions & Other Strategic Initiatives;
3. Investment in Overseas Subsidiaries;
4. Investment in Corporate Office & Upgrading our existing Operations;
5. General Corporate Purposes;
6. Meeting Fresh Issue related Expenses.

Cox and Kings IPO Details

IPO Opening DateNov 18, 2009
IPO Closing DateNov 20, 2009
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹316 to ₹330 per equity share
Market Lot20 Shares
Min Order Quantity20 Shares
Listing AtBSE, NSE
Issue Size18,496,640 Eq Shares of ₹10
(aggregating up to ₹610.39 Cr)

Cox and Kings IPO Lot Size

The Cox and Kings IPO market lot size is 20 shares. A retail-individual investor can apply for up to 30 lots (600 shares or ₹198,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum120₹6,600
Maximum30600₹198,000

Cox and Kings (India) Ltd IPO Grading / Rating

CARE has assigned an IPO Grade 4 to Cox and Kings (India) Ltd IPO. This means as per CARE, company has above average fundamentals. CARE 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 CARE rating document.

Cox and Kings IPO Subscription Status (Bidding Detail)

The Cox and Kings IPO is subscribed 6.31x times on Nov 20, 2009 17:00. The public issue subscribed 0.98x in the retail category, 9.95x in the QIB category, and 10.70x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

9.95x

NII

10.70x

RII

0.98x

Employee

0.11x

Total

6.31x

Cox and Kings IPO Prospectus

Cox and Kings IPO Rating

192
3.5
Rating:Rated 3.5 stars

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Cox and Kings IPO Listing Date

Listing DateFriday, December 11, 2009
BSE Script Code533144
NSE SymbolCOX&KINGS
Listing InB
ISININE008I01026
IPO Price₹330 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹330.00
₹304.10
₹304.10
₹433.45
₹426.05
16,954,687
NSE
₹330.00
₹343.20
₹343.20
₹433.90
₹425.40
29,896,728

Cox and Kings IPO Reviews / Ratings

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Company Contact Information

Cox and Kings (India) Limited
Turner Morrison Building,
1st Floor, 16 Bank Street,
Fort, Mumbai - 400 001, Maharashtra

Phone: +91-22-2270 9100
Email: ipo@coxandkings.com
Website: http://www.coxandkings.com

Cox and Kings IPO Registrar

KFintech Private Limited
   Selenium Building, Tower-B, Plot No 31 & 32,
   Financial District,Nanakramguda, Serilingampally,
   Rangareddi, Telangana India - 500 032.

Phone: 1-800-3454001
Email: cnk.ipo@karvy.com
Website: https://karisma.kfintech.com/

Cox and Kings IPO FAQs

  1. What is Cox and Kings IPO?

    Cox and Kings IPO is a main-board IPO of 18,496,640 equity shares of the face value of ₹10 aggregating up to ₹610.39 Crores. The issue is priced at ₹316 to ₹330 per equity share. The minimum order quantity is 20 Shares.

    The IPO opens on Nov 18, 2009, and closes on Nov 20, 2009.

    KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When Cox and Kings IPO will open?

    The Cox and Kings IPO opens on Nov 18, 2009 and closes on Nov 20, 2009.

  3. What is the lot size of Cox and Kings IPO?

    Cox and Kings IPO lot size is 20 Shares and the minimum order quantity is 20 Shares.

  4. How to apply for Cox and Kings IPO?

    You can apply in Cox and Kings 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.

  5. When Cox and Kings IPO allotment?

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

  6. When is Cox and Kings IPO listing date?

    The Cox and Kings IPO listing date is on Friday, December 11, 2009.

Cox and Kings IPO Message Board

Ranked Members  Ranked Members

Loading...
405. JKG |Jan 23, 2010 01:06
ISKI TRAIN KA KYA HUA ????
404. IPO KING |Jan 22, 2010 13:53
Now trading at 424.
I dont think it will go below 400 easily.
403. IPO KING |Jan 22, 2010 11:34
Ravi,Bangalore
It has touched 401 and is now trading at 415.I have 600 at ipo price.
Do you think it is better to hold till results are out or should we book profit.
402. Ravi, Bangalore |Jan 21, 2010 20:20
Short-term investors need to EXIT. Trend turned weak as it is closed below 424 (stopped-out).

Unless it manages to close above 425, it is weak. It appears to be headed towards 380, 349 or even 343.
401. IPO KING |Jan 14, 2010 19:53
The quarterly results are coming by the end of january.
Expect a significant jump in the scrip.
400. Saurabh, Bangalore |Jan 13, 2010 10:21
When are the quaterly results coming for C&K? and what are the expectations
399. KSK |Jan 9, 2010 00:01
@Ravi, bangalore: Thanks for the info & wise advise...
CMP:421.
398. viswanath |Jan 8, 2010 07:47
buy cox and kings
target of 550 in 1 month
dont waste time
397. Ravi, Bangalore |Jan 7, 2010 18:53
396. KSK

Stop-loss is close below 420 or 375. As long as it holds stop-loss level, it may hit target.

It is still strong, BUY in dips is a better strategy as long as it stays above stop-loss level.


Impatience Will Kill The Golden Goose

Do meditation, take frequent breaks from the market, have a clearly defined stop-loss level and a clear set of target can all help to keep the investor relaxed.
396. KSK |Jan 7, 2010 15:51
@Ravi, Bangalore..seems CNK stock is losing momentum 432.10 ...When are they launching the train this month ?
470 seems too stiff to cross...
395. Ravi, Bangalore |Jan 4, 2010 12:14
390. Nikhil

Cox & Kings 454- Resistance 451-470, Target 499-523 zone. Support 422. Stop-loss Close below 420 or 385. Time-frame: One month.

It should cross resistance level to attain momentum.

If stop-loss is breached, drop to 343.
394. MEHUL SHAH |Jan 3, 2010 10:44
Dear Rajiv, 8 to 10 P.E. for Dec Qtr impossible. Bcos Equity dilution by way of IPO has taken Place in this qtr. & further if you mean 8 to 10 P.E. for Dec Qtr. then full year EPS Should be in between 30 to 40 which is practically impossible. & if so the price on 31-12-2009 will never be in a range of 450/-.
Kindly give your valuable thought on the same.
393. Rajiv, NOIDA |Jan 2, 2010 21:49
By first qtr i meant the dec qtr. The EPS should be in the range 8-10. The stock will trade at a higher PE because of its high CAGR track record for last couple of years.
392. CSK |Jan 2, 2010 11:45
@391. Rajiv, NOIDA : how much EPS do you expect by way of first qtr results ??
391. Rajiv, NOIDA |Jan 2, 2010 08:59
CNK is likely to cross 650 levels after the first qtr results which is likely to be bombastic. Keep on holding the stock. With rising global markets, tourism industry will be a big beneficiary.
390. Nikhil |Dec 31, 2009 16:04
@Ravi, Bangalore.
- What should be the stretegy and target now?
- It closed on 451+ today.

Is it good idea to exit OR keep holding it?

Thanks in adavance.
389. KSK |Dec 31, 2009 13:54
@Ravi: I dont think it can hold 470 today...lets see if it can hold 450..
388. Ravi, Bangalore |Dec 31, 2009 12:50
On any day, if trades below 420 after 3:15 p.m.

OR

breaches 375 on intra-day, medium-term investors also should EXIT.
387. Ravi, Bangalore |Dec 31, 2009 12:21
After 3:15 p.m. if it does not trade above 470, EXITING is good idea.

If cash is preserved, traders can get another chance.

If overcomes 470, target is 495-517 zone with trailing stop-loss at today's low price.
386. KSK |Dec 30, 2009 15:06
volatile move 430-->455







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