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 Opening DateSep 19, 2018
IPO Closing DateSep 25, 2018
Issue TypeFixed Price Issue IPO
Face Value₹10 per equity share
IPO Price₹24 per equity share
Market Lot6000 Shares
Min Order Quantity6000 Shares
Listing AtBSE SME
Issue Size810,000 Eq Shares of ₹10
(aggregating up to ₹1.94 Cr)

Mac Hotels IPO Lot Size

The Mac Hotels IPO market lot size is 6000 shares. A retail-individual investor can apply for up to 1 lots (6000 shares or ₹144,000).

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

Mac Hotels IPO Subscription Status (Bidding Detail)

The Mac Hotels IPO is subscribed 1.52x times on Sep 25, 2018 18:50. The public issue subscribed 1.17x in the retail category, in the QIB category, and 1.88x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
NII

1.88x

RII

1.17x

Total

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 Group of Securities
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. 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 is priced at ₹24 per equity share. The minimum order quantity is 6000 Shares.

    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. When Mac Hotels IPO will open?

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

  3. 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.

  4. How to apply for Mac Hotels IPO?

    You can apply in Mac 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.

  5. 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.

  6. When is Mac Hotels IPO listing date?

    The Mac Hotels IPO listing date is on Thursday, October 4, 2018.

Mac Hotels IPO Message Board

Ranked Members  Ranked Members

Loading...
6. CPHArun |Sep 19, 2018 16:16
What a joke of an IPO
6.1. Small Investor |Oct 19, 2018 14:24
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
whha kya ipo nikla h yha pr stock sell krne wala hi nhi h
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
4. Smeupdate |Sep 18, 2018 15:47
3 cr sales and 8 lakh profit

sometimes a momo shop can make more money than this
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
3.1. medge |Sep 18, 2018 14:30
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
:) also 1.94cr OFS, etana amount bank main rakhenge to isake PAT se jada interest milega yearly
2. vgoel |Sep 14, 2018 21:26
Iske PAT se zyada to meri salary hai bhai.
2.1. Small Investor |Sep 15, 2018 15:58
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
hahahahahhahahha
1. Small Investor |Sep 13, 2018 17:09
IPO Guru IPO Guru (1400+ Posts, 700+ Likes)
approval kese mil gya is company ko







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