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

November 18, 2009 - November 20, 2009

Cox and Kings IPO is a book built issue of Rs 610.39 crores.

Cox and Kings IPO bidding started from November 18, 2009 and ended on November 20, 2009. The shares got listed on BSE, NSE on December 11, 2009.

Cox and Kings IPO price band is set at ₹316 to ₹330 per share. The minimum lot size for an application is 20 Shares. The minimum amount of investment required by retail investors is ₹6,600.

Iifl Securities Ltd is the book running lead manager of the Cox and Kings IPO, while Kfin Technologies Limited is the registrar for the issue.

Refer to Cox and Kings IPO RHP for detailed information.

Cox and Kings IPO Details

IPO Date November 18, 2009 to November 20, 2009
Listing Date December 11, 2009
Face Value ₹10 per share
Price Band ₹316 to ₹330 per share
Lot Size 20 Shares
Total Issue Size18,496,640 shares
(aggregating up to ₹610.39 Cr)
Issue Type Book Built Issue IPO
Listing At BSE, NSE

Cox and Kings IPO Reservation

Cox and Kings IPO offers 15,752,160 shares. 6,403,840 (40.65%) to QIB, 2,744,496 (17.42%) to NII, 6,403,824 (40.65%) to RII, 200,000 (1.27%) to employees. 320,191 RIIs will receive minimum 20 shares and (sNII) and (bNII) will receive minimum 620 shares. (in case of oversubscription)

Investor Category Shares OfferedMaximum Allottees
Anchor Investor Shares Offered-NA
QIB Shares Offered6,403,840 (40.65%)NA
NII (HNI) Shares Offered2,744,496 (17.42%)
Retail Shares Offered6,403,824 (40.65%)320,191
Employee Shares Offered200,000 (1.27%)NA
Total Shares Offered15,752,160 (100%)

Cox and Kings IPO Lot Size

Investors can bid for a minimum of 20 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 20 ₹6,600
Retail (Max) 30 600 ₹198,000
Lot Size Calculator

About Cox and Kings (India) Limited

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)
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 (Cox and Kings IPO Objectives)

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 Subscription Status (Bidding Detail)

The Cox and Kings IPO is subscribed 6.31 times on November 20, 2009 5:00:00 PM. The public issue subscribed 0.98 times in the retail category, 9.95 times in the QIB category, and 10.70 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)

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 Prospectus

Cox and Kings IPO Rating

Rating:Rated 3.5 stars
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Cox and Kings IPO Listing Details

Listing Date December 11, 2009
BSE Script Code 533144
ISIN INE008I01026
Final Issue Price ₹330 per share

Pre-Open Session - NSE Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Last Trade

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Cox and Kings (India) Limited Contact Details

Cox and Kings (India) Limited
Turner Morrison Building,
1st Floor, 16 Bank Street,
Fort, Mumbai - 400 001, Maharashtra
Phone: +91-22-2270 9100

Cox and Kings IPO Registrar

Kfin Technologies Limited

Phone: 04067162222, 04079611000

Cox and Kings IPO - Buy or Not

Cox and Kings IPO Recommendation Summary

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Members 0 0 0

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Cox and Kings IPO FAQs

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 share. The minimum order quantity is 20 Shares.

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

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

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

Cox and Kings IPO lot size is 20 Shares, and the minimum amount required is ₹6,600.

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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

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.

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

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405. JKG |   Link |  Bookmark |January 23, 2010 12:06:11 AM
404. IPO KING |   Link |  Bookmark |January 22, 2010 12:53:10 PM
Now trading at 424.
I dont think it will go below 400 easily.
403. IPO KING |   Link |  Bookmark |January 22, 2010 10:34:03 AM
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 |   Link |  Bookmark |January 21, 2010 7:20:37 PM
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 |   Link |  Bookmark |January 14, 2010 6:53:44 PM
The quarterly results are coming by the end of january.
Expect a significant jump in the scrip.
400. Saurabh, Bangalore |   Link |  Bookmark |January 13, 2010 9:21:27 AM
When are the quaterly results coming for C&K? and what are the expectations
399. KSK |   Link |  Bookmark |January 8, 2010 11:01:33 PM
@Ravi, bangalore: Thanks for the info & wise advise...
398. viswanath |   Link |  Bookmark |January 8, 2010 6:47:15 AM
buy cox and kings
target of 550 in 1 month
dont waste time
397. Ravi, Bangalore |   Link |  Bookmark |January 7, 2010 5:53:18 PM
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 |   Link |  Bookmark |January 7, 2010 2:51:09 PM
@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 |   Link |  Bookmark |January 4, 2010 11:14:56 AM
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 |   Link |  Bookmark |January 3, 2010 9:44:00 AM
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 |   Link |  Bookmark |January 2, 2010 8:49:04 PM
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 |   Link |  Bookmark |January 2, 2010 10:45:10 AM
@391. Rajiv, NOIDA : how much EPS do you expect by way of first qtr results ??
391. Rajiv, NOIDA |   Link |  Bookmark |January 2, 2010 7:59:58 AM
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 |   Link |  Bookmark |December 31, 2009 3:04:46 PM
@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 |   Link |  Bookmark |December 31, 2009 12:54:40 PM
@Ravi: I dont think it can hold 470 today...lets see if it can hold 450..
388. Ravi, Bangalore |   Link |  Bookmark |December 31, 2009 11:50:16 AM
On any day, if trades below 420 after 3:15 p.m.


breaches 375 on intra-day, medium-term investors also should EXIT.
387. Ravi, Bangalore |   Link |  Bookmark |December 31, 2009 11:21:03 AM
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 |   Link |  Bookmark |December 30, 2009 2:06:58 PM
volatile move 430-->455