News

 
Chalet Hotels attracts small premium on debut
07-Feb-19   16:19 Hrs IST

Shares of Chalet Hotels settled at Rs 290.40 on BSE, a premium of 3.71% over the initial public offer price of Rs 280. The stock debuted at Rs 291 on BSE, a premium of 3.92% to the initial public offer (IPO) price of Rs 280. The stock hit a high of Rs 295.30 and low of Rs 250.15 during the day. On BSE, 9.45 lakh shares were traded on the counter.

The initial public offer (IPO) of Chalet Hotels received bids for 6.49 crore shares, as against 4.13 crore shares on offer, National Stock Exchange of India (NSE) website data showed. The issue was subscribed 1.57 times.

The qualified institutional buyers (QIBs) category was subscribed 4.66 times. The non institutional investors category was subscribed 1.10 times. The retail individual investors (RIIs) category was subscribed 0.03 times.

The issue opened for subscription on 29 January 2019 and closed on 31 January 2019. The price band for the issue was Rs 275 to Rs 280 per share.

For six months ended September 2018, consolidated net sales stood at Rs 469.87 crore. After considering total tax credit of Rs 19.17 crore, consolidated loss stood at Rs 43.67 crore.

Chalet Hotels is part of the K Raheja Group hospitality arm. It is an Owner, Developer and Asset Manager of high-end hotels in key metro cities in India. Their hotel platform comprises five operating hotels, including a hotel with a co-located serviced residence, located in the Mumbai Metropolitan Region, Hyderabad and Bengaluru, representing 2,328 keys, as of 30 September 2018.

Powered by Capital Market - Live News

Attention Investors:
KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc), you need not undergo the same process again when you approach another intermediary. No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. Prevent Unauthorized Transactions in your Demat account\Trading account: Update your Mobile Number with your Depository Participant\Exchange. Receive alerts on your Registered Mobile for all debit and other important transactions in your Demat account\Trading account directly from Depository\Exchange on the same day.........issued in the interest of investors.
Goodwill Comtrades Pvt. Ltd   |
   MCX : 11095   |   ICEX : 2035   |   SEBI Regn. No : INZ000049087
Goodwill Wealth Management Pvt. Ltd   |
   MSEI : 11240   |   NSE : 90097   |   BSE : 6648   |   SEBI Regn. No : INZ000177036
Clearing Code   |
   NSE : M52003   |   BSE : 6648
CDSL DP   |
   DP ID : 12084200   |   SEBI Regn. No : IN - DP - CDSL - 309 - 2017
Research Analyst   |
   SEBI Regn. No : INH200005179
Mutual Funds   |
   ARN : 118850
Disclosure of Proprietary Account Trading by Members to Clients
Proprietary Trading Disclosure:In terms of provisions of the Rules, Bye-Laws and Business Rules of the Exchange and with reference to circular MCX/T&S/147/2016 dated May 17, 2016 regarding Disclosure of Proprietary Account Trading by broker to client.,Pursuant to SEBI Circular Number SEBI/MRD/SEC/Cir-42/2003 dated November 19, 2003 & SEBI/HO/CDMRD/DMP/CIR/P/2016/49 dated April 25, 2016 GOODWILL WEALTH MANAGEMENT PVT LTD, GOODWILL COMTRADES PVT LTD. Discloses to its clients about its policies on proprietary trades. Goodwill does proprietary trading in the derivatives segment at MCX respectively.GOODWILL – SEBI Reg No. INZ000049087
Copyright © 2016 All rights Reserved GOODWILL
Designed, Developed and content powered by C-MOTS Infotech ( ISO 9001:2015 certified )