The Rs 277.96 crore Mahindra Holidays IPO is a book-built transaction. The Mahindra Holidays initial public offering (IPO) auction was held from June 23, 2009, to June 26, 2009. On July 16, 2009, the shares were listed on the BSE and NSE. The pricing range for the Mahindra Holidays IPO is ₹275 to ₹325 per share. An application must have a minimum lot size of 20 shares. Retail investors are required to invest a minimum of ₹6,500.
Mahindra Holidays & Resorts India Limited (MHRIL), a US$ 6.7 billion company, was founded in 1996. India’s top holiday brand, MHRIL, provides a variety of services along with high-quality family vacations. The company’s main brand, Club Mahindra Holidays, boasts 23 stunning resorts located in some of the most exotic locations in India and internationally, with a rapidly expanding membership base of over 79,000 people. The 2008–2009 RCI Gold Crown Award went to Mahindra’s resorts in Goa, Coorg, Munnar, Manali, Binsar Kumbhalgarh, and Dharamshala.
Objects of the Issue (Mahindra Holidays IPO Objectives)
The objects of the issue are to achieve the benefits of listing on the stock exchanges and to raise capital to:
- Expansion of existing resorts and setting up new projects;
- General corporate purposes.
Mahindra Holidays IPO Details
| IPO Date | June 23, 2009 to June 26, 2009 |
| Listing Date | July 16, 2009 |
| Face Value | ₹10 per share |
| Price Band | ₹275 to ₹325 per share |
| Lot Size | 20 Shares |
| Total Issue Size | 9,265,275 shares (aggregating up to ₹277.96 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
Mahindra Holidays IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 20 | ₹6,500 |
| Retail (Max) | 30 | 600 | ₹195,000 |
Mahindra Holidays IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | – | NA |
| QIB Shares Offered | 5,559,165 (60.00%) | NA |
| NII (HNI) Shares Offered | 926,527 (10.00%) | |
| Retail Shares Offered | 2,779,582 (30.00%) | 138,979 |
| Total Shares Offered | 9,265,274 (100%) |
Mahindra Holidays IPO Listing Details
| Listing Date | July 16, 2009 |
| BSE Script Code | 533088 |
| NSE Symbol | MHRIL |
| ISIN | INE998I01010 |
| Final Issue Price | ₹300 per share |
Mahindra Holidays Listing Day Trading Information
| Price Details | Price Details | NSE |
|---|---|---|
| Final Issue Price | Final Issue Price | ₹300.00 |
| Open | Open | ₹370.00 |
| Low | Low | ₹311.35 |
| High | High | ₹374.50 |
| Last Trade | Last Trade | ₹317.45 |
Mahindra Holidays and Resorts India Ltd Contact Details
Mahindra Holidays and Resorts India Ltd
Mahindra Towers 2nd Floor,
No 17/18 Patullos Road,
Chennai – 600002, Tamil Nadu.
Phone: +91-44-39881000
Email: [email protected]
Website: http://www.clubmahindra.com
Mahindra Holidays IPO Registrar
Kfin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com
Mahindra Holidays IPO FAQs
Q1. What is Mahindra Holidays IPO?
Ans. 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 share. The minimum order quantity is 20 Shares. The IPO opens on June 23, 2009, and closes on June 26, 2009.
Q2. When Mahindra Holidays IPO will open?
Ans. The Mahindra Holidays IPO opens on June 23, 2009 and closes on June 26, 2009.
Q3. What is the lot size of Mahindra Holidays IPO?
Ans. Mahindra Holidays IPO lot size is 20 Shares, and the minimum amount required is ₹6,500.
Q4. When is Mahindra Holidays IPO listing date?
Ans. The Mahindra Holidays IPO listing date is on July 16, 2009.
