Mac Hotels Limited IPO (Mac Hotels IPO) Detail

Sep 19, 2018 - Sep 25, 2018

Incorporated in 1990, Goa-based Mac Hotels Limited is a company engaged in the business of owning, operating and managing hotels, restaurants, and resorts in Goa.

The company's business includes hotels, restaurant, café, caravan site, apartment house-keeping, and related services.

Currently, the company is operating and managing one resort under the name "Resort Park Avenue".

The Company has entered into Management Services Agreement (OYO Agreement) with Alcott Town Planners Private Limited.

Company Promoters:

The Company is promoted by Edgar Maximiano Do Rosario Cotta, Edwin E R Cotta, and Hotel Miramar Comfort Pvt Ltd. The Promoters together hold 27,88,000 Equity Shares representing 92.93% of the Issued and paid-up Equity Share capital of the Company.

Company Financials:

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 575.15 563.78 301.09 259.04 265.69 229.95
Total Revenue 239.77 310.13 188.32 193.10 141.76 118.12
Profit After Tax 8.00 13.05 8.43 8.76 8.83 (1.27)

Objects of the Issue:

The object of the Offer is to achieve the benefits of listing the Equity Shares on the Designated Stock Exchange
and for the sale of 8,10,000 Equity Shares by the Selling Shareholder ("Hotel Miramar Comfort Private Limited"
or "HMCPL"). The company will not receive any proceeds from the issue.

Mac Hotels IPO Details

IPO DateSep 19, 2018 - Sep 25, 2018
Issue TypeFixed Price Issue IPO
Issue Size810,000 Eq Shares of ₹10
(aggregating up to ₹1.94 Cr)
Face Value₹10 Per Equity Share
IPO Price₹24 Per Equity Share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME

Mac Hotels IPO Lot Size and Price (Retail)

ApplicationLotsSharesAmount (Cut-off)
Minimum16000₹144,000
Maximum16000₹144,000

Mac Hotels IPO Subscription Status (Bidding Detail)

Mac Hotels IPO how much subscribed?

No. of Times Issue Subscribed (BSE + NSE)

As on Date & Time

NII

RII

Total

Shares Offered

384,000

384,000

768,000

Sep 25, 2018 18:50

1.88x

1.17x

1.52x

Mac Hotels IPO Prospectus

Mac Hotels IPO Rating

21
2.5
Rating:Rated 2.5 stars

Vote Here ...

Mac Hotels IPO Listing Date

Listing DateThursday, October 4, 2018
BSE Script Code541973
NSE Symbol
Listing InMT
ISININE004Z01011
IPO Price₹24 Per Equity Share
Face Value₹10 Per Equity Share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE SME
₹24.00
₹24.60
₹24.60
₹25.80
₹25.80
24,000

Mac Hotels IPO Reviews / Ratings

Company Contact Information

Mac Hotels Limited
First Floor, Beach Plaza (Annexee),
Nomxin, Caranzalem, Ilhas
Panaji - 403001

Phone: 0832-2464299
Email: investor@machotels.net
Website: http://www.machotels.net/

Mac Hotels IPO Registrar

Bigshare Services Pvt Ltd
   1st Floor, Bharat Tin Works Building,
   Opp. Vasant Oasis,Makwana Road,
   Marol, Andheri(E), Mumbai - 400 059

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Mac Hotels IPO FAQs

  1. 1. What is Mac Hotels IPO?

    Mac Hotels IPO is a SME IPO of 810,000 equity shares of the face value of ₹10 aggregating up to ₹1.94 Crores.

    The issue price of the IPO is ₹24 Per Equity Share. The minimum order quantity is 6000 Shares per application and the offer type is Fixed Price Issue.

    The IPO opens on Sep 19, 2018 and closes on Sep 25, 2018.

    Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

  2. 2. When Mac Hotels IPO will open?

    The Mac Hotels IPO opens on Sep 19, 2018 and closes on Sep 25, 2018.

  3. 3. How to apply for Mac Hotels IPO?

    Mac Hotels IPO application can be done through banks using ASBA online or through stock brokers trading account using UPI. All popular banks i.e. HDFC, ICICI, and SBI offer online IPO applications. An investor can also apply directly through their broker (i.e. Zerodha, Sharekhan) using UPI as a payment method.

  4. 4. When Mac Hotels IPO allotment?

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

  5. 5. When is Mac Hotels IPO listing date?

    The Mac Hotels IPO listing date is on Thursday, October 4, 2018, at BSE SME.
  6. 6. What is the lot size of Mac Hotels IPO?

    Mac Hotels IPO lot size is 6000 Shares and the minimum order quantity is 6000 Shares.

Guaranteed Save 60% to 90% Brokerage

You could reduce the brokerage cost significantly by moving to another stock broker. Our expert team compared top share brokers in India to help traders. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

Mac Hotels IPO Review / Comments

CPHArun
6. CPHArun  Sep 19, 2018 16:16
What a joke of an IPO
Small Investor
6.1. Small Investor  Oct 19, 2018 14:24
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
whha kya ipo nikla h yha pr stock sell krne wala hi nhi h
loviedovie
5. loviedovie  Sep 19, 2018 13:25
A few bid will be made by company and lead manager only. 1 person applied which is from company itself
Smeupdate
4. Smeupdate  Sep 18, 2018 15:47
3 cr sales and 8 lakh profit

sometimes a momo shop can make more money than this
VIE
3. VIE  Sep 16, 2018 01:54
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
ITS AN OFFER FOR SALE BY PROMOTER.

NOW SME COMPANIES ACT,LIKE MAIN BOARD LARGE CAP COMPANIES

LOL
medge
3.1. medge  Sep 18, 2018 14:30
IPO Mentor IPO Mentor (700+ Posts, 1200+ Likes)
:) also 1.94cr OFS, etana amount bank main rakhenge to isake PAT se jada interest milega yearly
vgoel
2. vgoel  Sep 14, 2018 21:26
Iske PAT se zyada to meri salary hai bhai.
Small Investor
2.1. Small Investor  Sep 15, 2018 15:58
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
hahahahahhahahha
Small Investor
1. Small Investor  Sep 13, 2018 17:09
IPO Guru IPO Guru (1300+ Posts, 700+ Likes)
approval kese mil gya is company ko






Search Chittorgarh.com:

Chittorgarh.com Mobile Apps:

Download Android App Downlaod iOS App