Mahindra Holidays and Resorts India Ltd IPO (Mahindra Holidays IPO) Detail

Jun 23, 2009 - Jun 26, 2009

Incorporated in 1996, Mahindra Holidays and Resorts India Limited (MHRIL) is a part of the US$ 6.7 billion Mahindra group. MHRIL is India’s number one holiday brand offering quality family holidays with a range of services.

The company’s flagship brand ‘Club Mahindra Holidays’, has a fast growing customer base of over 79,000 members and 23 beautiful Resorts at some of the most exotic spots in India and abroad. Mahindra's resorts at Goa, Coorg, Munnar, Manali, Binsar Kumbhalgarh and Dharamshala are recipients of the RCI Gold Crown Award for the year 2008-2009.

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. Expansion of existing resorts & setting up new projects;
2. General Corporate purposes.

Mahindra Holidays IPO Details

IPO Opening DateJun 23, 2009
IPO Closing DateJun 26, 2009
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹275 to ₹325 per equity share
Market Lot20 Shares
Min Order Quantity20 Shares
Listing AtBSE, NSE
Issue Size9,265,275 Eq Shares of ₹10
(aggregating up to ₹277.96 Cr)

Mahindra Holidays IPO Lot Size

The Mahindra Holidays IPO market lot size is 20 shares. A retail-individual investor can apply for up to 30 lots (600 shares or ₹195,000).

ApplicationLotsSharesAmount (Cut-off)
Minimum120₹6,500
Maximum30600₹195,000
Mahindra Holidays and Resorts India Ltd IPO Grading / Rating

FITCH has assigned an IPO Grade 4 to Mahindra Holidays and Resorts IPO. This means as per FITCH, company has Above average fundamentals . FITCH 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 Fitch rating document.

Mahindra Holidays IPO Subscription Status (Bidding Detail)

The Mahindra Holidays IPO is subscribed 9.80x times on Jun 26, 2009 17:00. The public issue subscribed 3.36x in the retail category, 12.83x in the QIB category, and 11.01x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

12.83x

NII

11.01x

RII

3.36x

Total

9.80x

Mahindra Holidays IPO Prospectus

Mahindra Holidays IPO Rating

235
3.8
Rating:Rated 3.8 stars

Vote Here ...

Mahindra Holidays IPO Listing Date

Listing DateThursday, July 16, 2009
BSE Script Code533088
NSE SymbolMHRIL
Listing InB Group of Securities
ISININE998I01010
IPO Price₹300 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹300.00
₹315.00
₹311.10
₹339.70
₹317.10
8,496,446
NSE
₹300.00
₹370.00
₹311.35
₹374.50
₹317.45
12,746,398

Mahindra Holidays IPO Reviews / Ratings

  • Angel Broking - Apply
  • Business Line - Apply
  • Hem Securities - Avoid
  • KR Choksey Securities Ltd - Apply
  • Prabhudas Lilladher Pvt Ltd - Apply
  • Reliance Securities - Apply
  • S P Tulsian - Avoid
  • Udayan Mukherjee - Avoid

Company Contact Information

Mahindra Holidays and Resorts India Ltd
Mahindra Towers 2nd Floor,
No 17/18 Patullos Road,
Chennai - 600002, Tamil Nadu.

Phone: +91-44-39881000
Email: investors@clubmahindra.com
Website: http://www.clubmahindra.com

Mahindra Holidays IPO Registrar

KFintech Private Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India - 500 032.

Phone: 04067162222, 04079611000
Email: einward.ris@karvy.com
Website: https://karisma.kfintech.com/

Mahindra Holidays IPO FAQs

  1. What is Mahindra Holidays IPO?

    Mahindra Holidays IPO is a main-board IPO of 9,265,275 equity shares of the face value of ₹10 aggregating up to ₹277.96 Crores. The issue is priced at ₹275 to ₹325 per equity share. The minimum order quantity is 20 Shares.

    The IPO opens on Jun 23, 2009, and closes on Jun 26, 2009.

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

  2. When Mahindra Holidays IPO will open?

    The Mahindra Holidays IPO opens on Jun 23, 2009 and closes on Jun 26, 2009.

  3. What is the lot size of Mahindra Holidays IPO?

    Mahindra Holidays IPO lot size is 20 Shares and the minimum order quantity is 20 Shares.

  4. How to apply for Mahindra Holidays IPO?

    You can apply in Mahindra Holidays 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 Mahindra Holidays IPO allotment?

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

  6. When is Mahindra Holidays IPO listing date?

    The Mahindra Holidays IPO listing date is on Thursday, July 16, 2009.

Mahindra Holidays IPO Message Board

Ranked Members  Ranked Members

Loading...
364. rajkumar |Sep 11, 2009 19:04
received nhpc refund today
363. versch |Aug 12, 2009 14:55
Hi,

I am a new bee for share market. After diligent market watch, getting counseled from friends and reading in news papers , i
have subscribed to NHPC's IPO. :)
I am looking forward to understand how the share's price is
determined first time when the stock is listed initially.
How is it based on the amount/number of subscription happened
on IPO? How are the allotments are determined. If someone can just explain her in layman's language, i would appreciate that.
362. Latesh |Jul 29, 2009 10:36
For speedy and error-free refund from any IPO or getting dividends of shares, one should always provide the account of banks that have RTGS facility. Almost all the private banks offer this facility. One should link his/her trading and demat account with the same.

In this system, the dividend or refunds is directly credited into your bank account, no physical cheques/DDs are not sent to the investor.

Toll free number of Karvy is 1800 345 4001. Contact them ASAP
361. Investor |Jul 21, 2009 19:31
Thanks. I also got refund today. Must be courier delay.
360. SEBI |Jul 21, 2009 17:55
Dear Investor

What you are doing till now...??? I think everyone must got the refund...Call/Mail Karvy with Apllication number of IPO...They will give you information within a day or two...

There may be delay in postal delivery...
Finaly do complain to NSE & SEBI...
359. Investor |Jul 20, 2009 23:33
Did everyone got refund for this IPO? I have invested for Rs 97500 in this IPO but not got the refund amount of Rs 69000.

Did anyone having similar case?
358. pramod harlalka |Jul 17, 2009 21:27
MAHENDRA HOLY DAY SHARE BUY AT EVERY DOWN IT TUCH RS400 IN NEXT WEEK
357. Tees Mar Khan |Jul 17, 2009 15:08
MAHINDRA HOLIDAYS CHAL GAYO BHAYA !!! PRESENTLY AT 351
356. R RAVI |Jul 16, 2009 20:00
People who believe in the MAH HOLIDAY share and keep in their Demat Accounts are going to lose their shirts. It is going to be well below the issue price, seeing the trend on first day as most of the HNIs are yet to liquidated their holdings in the stock which they would do in the coming days. Please try to get out of the stock or if you want keep 10 shares in your portfolio.
355. IPO KING |Jul 16, 2009 17:36
DOSTO,YE IPO PICHLE IPO SE TO BETTER HAI,AT LIST 1st DAY
PREMIUM PE TO BANDH HUWA,AUR MUJE LAGTA HAI KI AGLE THODE DINO
ME ACCHHA PERFORM KAREGA,,,
SO FRIENDS YOU DON'T WORRY,JISNE 1stDAY SELL NAHI KIYA USKO BHI KUCH TO MONEY MILEGA.....SHAYAD 1st DAY SE JYADA BHI MILEGA.
354. Wise Suggestion |Jul 16, 2009 15:57
Dear frnds

Try to be out from this IPO
As the listing price is not to the expectation
The price may come down (if the market comes own)

Conclusion:
This scrip is very volatile now......
chances of price increase is low....
so better book profit at the current level & out from this scrip

Adani is good for the IPO
353. kunik |Jul 16, 2009 15:35
Doston Yeh IPO mutual fund and shares ka chakkar chodo.
Start commodity trading, still you dont loose much and gain lot.
352. PINKI |Jul 16, 2009 15:06
YAROO
KOI BAAT NAHI AGEY ADANI POWER MAIN LUCK TRY KAROO. AUR MAKE GOOD PROFITS.
351. rama |Jul 16, 2009 14:51
YOU WILL LOOSE EVERYTHING YOU MADE IN ONE OR OTHER CASE IF YOU START SPECULATING. DONT DREAM THAT YOU CAN ALWAYS MAKE MONEY BY SUCH TACTICS.
WISH YOU GOOD GAIN IN YOUR INVESTMENTS.
RAMA
350. mahesh |Jul 16, 2009 13:53
sell sell sell and get whatever is possible.
349. Maulik |Jul 16, 2009 13:38
O KOI BATAO KYA KARE ISKA..PRESENTLY AT 323
348. mahesh |Jul 16, 2009 13:16
IN message 347 sorry for the mistake. I mean to say issue price rather than listing price.
347. Mahesh |Jul 16, 2009 13:04
I have not applied for this IPO. But on listing today i bought 500 shares @ 320.45 and sold all the shares @ 331.25. By seeing the trend i think may be after 2 pm this is going to come down below the listing price. Tomorrow also the market will be in red may be around 200 to 300 points down.
346. ANSHUMAN |Jul 16, 2009 13:02
YEH BHI BAKWAAS COMPANY NIKLI. KOI FAYDA NAHIN DIYA.
DEFINITELY IT WILL COME DOWN BELOW 300
345. ashish |Jul 16, 2009 12:47
Though i have not applied for MHRIL,
But still i thought that due to heavy QIB subscription and good conditions of market today, it should open ar 400-450. Ye sub kya ho raha hein,dono IPO aaye, dono ekdum bakwass.seems sub log profit booking ke hi chakaar mein hein, no1 believe n invest in the company,best is to sell ipo shares at 9.56am on the day of its listing and book profits.







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