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The Indian Hotels Company Limited Rights Issue (Indian Hotels Rights Issue) Detail

November 24, 2021 - December 8, 2021
The Indian Hotels Company Limited Logo

Founded in 1868, The Indian Hotels Company Limited (IHCL) is South Asia's largest hospitality company by market capitalization and manages a portfolio of hotels, resorts, jungle safaris, palaces, spas, and in-flight catering services. The company's brands include - Taj, Vivanta, Salaqtions, and Ginger hotels. The company is a subsidiary of the Tata Group conglomerate.
IHCL is present in more than 12 countries around 200 hotels worldwide. The company has more than 34,000 employees worldwide. The majority of the company's revenue comes from the domestic Indian market in which the company has a strong presence of 179 Hotels across 26 states/UTs.

Indian Hotels Rights Issue Detail

Issue Open November 24, 2021 - December 8, 2021
Security Name The Indian Hotels Company Limited
Issue Size (Shares) 132,139,827
Issue Size (Amount) ₹1,982.10 Crores
Issue Price ₹150 per share
Face Value ₹1 per share
Listing At BSE, NSE
Terms of Payment The full amount of issue price i.e. ₹ 150 is payable on application.
Entitlement 1 Equity share for Every 9 fully paid up shares held by eligible shareholder on Record date

Indian Hotels Rights Issue Issue Timetable

Record Date November 13, 2021
Credit of Rights Entitlements November 18, 2021
Bid/Offer Opens On November 24, 2021
Renunciation of Rights Entitlements December 2, 2021
Bid/Offer Closes On December 8, 2021
Deemed Date of Allotment December 17, 2021
Credit Date December 20, 2021
Listing Date December 22, 2021

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Millions)
  31-Mar-21 31-Mar-20
Total Assets 115,127.1 115,182.6
Total Income 17,398.8 45,955.6
Profit After Tax - 6,942.1 3,507.7

Indian Hotels Rights Issue Documents

Indian Hotels Rights Issue Rating

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Indian Hotels Rights Issue Reviews

Company Contact Information

The Indian Hotels Company Limited
Mandlik House,
Mandlik Road,
Mumbai 400 001, Maharashtra

Phone: +91 22 6639 5515
Email: investorrelations@tajhotels.com
Website: https://www.ihcltata.com/

Indian Hotels Rights Issue Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: ihcl.rights2021@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Indian Hotels Rights Issue FAQs

The Indian Hotels Rights Issue opens on November 24, 2021, and closes on December 8, 2021.

Indian Hotels Rights Issue Schedule

Last Date for credit of Rights EntitlementsNovember 18, 2021
Last Date for renunciation of Rights EntitlementsDecember 2, 2021
Issue Opening DateNovember 24, 2021
Issue Closing DateDecember 8, 2021
Date of Allotment (on or about)December 17, 2021
Date of Credit (on or about)December 20, 2021
Date of Listing (on or about)December 22, 2021

Indian Hotels Rights Issue price is set at ₹150 per share per equity share.

The eligible shareholders are being offered 1 Equity share for Every 9 fully paid up shares held by eligible shareholder on Record date (November 13, 2021).

The record date for the Indian Hotels Rights Issue is November 13, 2021.

The issue size of Indian Hotels Rights Issue is of 132,139,827 equity shares at ₹150 per share aggregating upto ₹1,982.10 Crores.

The Letter of Offer for Indian Hotels Rights Issue can be download here.

You can apply for Indian Hotels Rights Issue in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Indian Hotels Rights Issue using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Indian Hotels Rights Issue available on the list.
  4. Click the Apply button next to the Indian Hotels Rights Issue.
  5. Fill and check your information.
  6. Submit the application.

Note: Your bank may not offer this facility to certain rights issues. In that case, you may have to choose the option below.

Steps to apply for Indian Hotels Rights Issue using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Indian Hotels Rights Issue from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

31 Comments

11. lalit agarwal     Link|November 30, 2021 9:45:25 PM
Should we subscribe to the right issue
10. lalit agarwal     Link|November 30, 2021 9:44:40 PM
Should we subscribe to the right issue
9. IPO Mitr   I Like It. 1|  Link|November 13, 2021 10:12:32 PM
Admin: There is no point in putting separate placeholder for different Rights Issue at this juncture. No one will come here and waste their time and browse each and every Rights issue link for comments. At this moment 99% of rights issue placeholders are empty.

Suggest to keep single placeholder for all rights issue posts and if that becomes two large then every six months another placeholder may be created.
8. RADHA JANARDHANAN     Link|November 30, 2021 11:34:42 AM
IT IS ASKING CERTIFICATE NUMBER AND FOLIO NUMBER. WHERE TO FIND THEM?
7. manish dalamal     Link|November 30, 2021 11:26:59 AM
I am an nri, I bought the Indian hotel share on 10th November 2021, yet have not received the rights entitlement in my demat
6. Vikash Kumar Sharma     Link|November 29, 2021 9:31:59 AM
I DONT HAVE IHCL SHARE ..MY DEMATE SHOWING IHCL RIGHT ISSUE, ICN BUY OR NOT .
5. SRIPADA DASHARATH KUMAR     Link|November 28, 2021 9:57:01 AM
I have got shares through Rights issue Offer. Inform me how to pay online for allotted shares
4. B K Beniwal     Link|November 26, 2021 9:58:12 AM
How to apply for the rights issue, ICICI ASBA not showing Indian hotels rights.
4.1. Sadananda K.     Link|November 26, 2021 2:34:07 PM
Try the weblink at:
https://web.linkintime.co.in/RightIssues/index.html
3. Kishor Ramdas Deshpande     Link|November 25, 2021 2:41:15 PM
How to fill the form online, please share the link for IHCL right issue 2021.
2. T R Sridharan     Link|November 24, 2021 7:29:12 PM
How to apply rights issue as registrar website is giving error message as I haven’t received any mail even though holding level indicates RE
2.1. Vidyasagar     Link|November 25, 2021 8:39:36 AM
https://web.linkintime.co.in/RightIssues/index.html

Visit this website.
1. Sudhe     Link|November 24, 2021 1:36:43 PM
How to apply for the rights issue, ICICI ASBA not showing Indian hotels rights.

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