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

Issue Open	Sep 19, 2018 - Sep 25, 2018
Issue Type	Fixed Price Issue IPO
Issue Size	810,000 Eq Shares of Rs 10 (aggregating up to Rs 1.94 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 24 Per Equity Share
Market Lot	6000 Shares
Min Order Quantity	6000 Shares
Listing At	BSE SME

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

› Draft Prospectus
› Red Herring Prospectus

Mac Hotels IPO Rating

2.5

Rating:

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Mac Hotels IPO Listing Date

› Listing Date: Thursday, October 4, 2018
› BSE Script Code: 541973
› NSE Symbol:
› Listing In: MT
› ISIN: INE004Z01011
› Issue Price: Rs 24 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE SME
Rs 24.00
Rs 24.60
Rs 24.60
Rs 25.80
Rs 25.80
24,000

Mac Hotels IPO Reviews / Ratings

Dilip Davda - Other

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   »  Report
   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 Lead Manager(s)

Gretex Corporate Services Pvt Ltd » Report

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