The Chalet Hotels IPO date has been confirmed from January 29, 2019, and closes on January 31, 2019. Read the post to learn about Chalet Hotels IPO GMP.
Chalet Hotels Limited IPO has a fixed price of Rs 1,641.18 crore. The price range is ₹275-₹280 per share. The minimum lot size for an application is 53 shares. The minimum investment for the retail investors is ₹14,840.
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Key Details Of Chalet Hotels Limited IPO:
Bidding Dates
January 29-31
Price Range
₹275 to ₹280 per share
Face Value
₹10 per share
GMP
₹679.85
Chalet Hotels IPO GMP
The Chalet Hotels IPO GMP Today is ₹679.85.
Chalet Hotels IPO Overview
The Chalet Hotels Limited IPO is a book-built offering for Rs 1,641.18 crores. The offering consists of a fresh issue of Rs 950.00 crore and an offer to sell 2.47 crore shares. The IPO auction for Chalet Hotels Limited opened on January 29, 2019 and closed on January 31, 2019. On Tuesday, February 5, 2019, the allotment for the Chalet Hotels Limited IPO was completed. On February 7, 2019, the shares were listed on the NSE and BSE. The IPO price range for Chalet Hotels Limited is set between 275 to 280 per share. The minimum lot size is 53 Shares. Retail investors have to invest a minimum amount of ₹14,840.
Competitive Strengths of the Company
- Luxury residences located in major metro cities.
- Part of the K. Raheja Corp group.
- An Active Asset Management Model
Chalet Hotels IPO Details
IPO Date | January 29, 2019 to January 31, 2019 |
Listing Date | February 7, 2019 |
Face Value | ₹10 per share |
Price Band | ₹275 to ₹280 per share |
Lot Size | 53 Shares |
Total Issue Size | 58,613,571 shares (aggregating up to ₹1,641.18 Cr) |
Fresh Issue | [.] shares (aggregating up to ₹950.00 Cr) |
Offer for Sale | 24,685,000 shares of ₹10 (aggregating up to ₹[.] Cr) |
Issue Type | Book Built Issue IPO |
Listing At | BSE, NSE |
Chalet Hotels Company Financials
Particulars | For the year/period ended (in Rs. Million) | ||||
---|---|---|---|---|---|
30-Sep-18 | 31-Mar-18 | 31-Mar-17 | 31-Mar-16 | 31-Mar-15 | |
Total Assets | 37,388.22 | 38,300.39 | 37,379.91 | 35,529.46 | 34,401.52 |
Total Revenue | 4,970.43 | 9,295.14 | 9,245.37 | 5,975.61 | 4,670.55 |
Profit After Tax | -436.69 | 311.60 | 1,274.38 | -1,124.89 | -1,263.91 |
Chalet Hotels Limited IPO Timeline
IPO Open Date | Tuesday, January 29, 2019 |
IPO Close Date | Thursday, January 31, 2019 |
Basis of Allotment | Tuesday, February 5, 2019 |
Initiation of Refunds | Wednesday, February 6, 2019 |
Credit of Shares to Demat | Thursday, February 7, 2019 |
Listing Date | Thursday, February 7, 2019 |
Cut-off time for UPI mandate confirmation | 5 PM on January 31, 2019 |
Company Profile
![chalet hotels](https://ipoupcoming.com/wp-content/uploads/2024/01/chalet-hotels.jpg)
Chalet Hotels Limited, based in Mumbai, was formed in 1986. It owns, constructs, and operates high-end hotels in key Indian cities. It is a subsidiary of K. Raheja Corp, a major multinational conglomerate in the country. The company’s hotels are now branded with global hospitality names such as JW Marriott, Westin, Marriott, and Marriott Executive Apartments. Its hotel platform now has five active hotels in the Mumbai Metropolitan Region, Hyderabad, and Bangalore. The company’s
total sales in 2018 were Rs 9,295.14 million, representing a 14.83% CAGR from 2014 to 2018.
Registrar Info
Name | Kfin Technologies Limited |
Phone number | 04067162222, 04079611000 |
Email ID | [email protected] |
Website | kosmic.kfintech.com |
Contact Details
Name | Chalet Hotels Limited |
Phone number | +91 22 26564000 |
Email ID | [email protected] |
Website | chalethotels.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Chalet Hotels IPO FAQs
When Chalet Hotels Limited IPO will open?
The Chalet Hotels Limited IPO opens on January 29, 2019 and closes on January 31, 2019.
What is the lot size of Chalet Hotels Limited IPO?
Chalet Hotels Limited IPO lot size is 53 Shares, and the minimum amount required is ₹14,840.
When is Chalet Hotels Limited IPO allotment?
The finalization of Basis of Allotment for Chalet Hotels Limited IPO will be done on Tuesday, February 5, 2019, and the allotted shares will be credited to your demat account by Thursday, February 7, 2019.
When is Chalet Hotels Limited IPO listing date?
The Chalet Hotels Limited IPO listing date is on February 7, 2019.
![high-end hotels](https://ipoupcoming.com/wp-content/uploads/2024/04/high-end-hotels.jpg)
![Chalet Hotels Limited IPO](https://ipoupcoming.com/wp-content/uploads/2024/04/Chalet-Hotels-Limited-.jpg)
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