Chalet Hotels Limited IPO
MainboardListed On: Feb 8, 2019 at ₹ 294
₹ 14840 /53 Shares
29 Jan, 2019
Open Date31 Jan, 2019
Close Date06 Feb, 2019
Allotment Date08 Feb, 2019
Listing DateIPO Issue Details
- Issue Price Rs 275/- to Rs 280/- Per Equity Share
- Face Value Rs 10 Per Equity Share
- Issue Price Total issue of 5,86,13,572 Equity Shares of Rs 10/- at a price of Rs 275/- to Rs 280/- per share aggregating to Rs 1641.18 Cr> Fresh issue of 3,39,28,572 Equity Shares of Rs 10/- at a price of Rs 275/- to Rs 280/- per share aggregating to Rs 950.0 Cr> Offer for Sale of 2,46,85,000 Equity Shares of Rs 10/- at a price of Rs 275/- to Rs 280/- per share aggregating to Rs 691.18 Cr
- Listing at NSE, BSE ( B - Group )
- List Price 294
- Listing Date 2019-02-08
- Lead Manager JM Financial Limited, Axis Capital Limited and Morgan Stanley India Company Private Limited
- Registrar Karvy Fintech Private Limited
IPO Details
- Retail Portion N/A
IPO Details
The IPO of is priced at ₹275 - 280 per equity share, which has a face value of Rs 10 Per Equity Share each, IPO bidding starts from Jan 29, 2019 and ends on Jan 31, 2019. The allotment for IPO will be finalized on Feb 6, 2019. IPO will be listed on BSE, NSE, with a tentative listing date fixed as Feb 8, 2019. The company shall list its equity shares on the NSE, BSE ( B - Group ). Karvy Fintech Private Limited is the registrar of the issue.
The book-running lead manager for the IPO is/are JM Financial Limited, Axis Capital Limited and Morgan Stanley India Company Private Limited.
The IPO sets its price band at 275 - 280 for each share. A single application for Chalet Hotels Limited IPO must contain at least 53 shares.
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IPO Subscription Analysis And Details
| As on | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 1,17,11,444 | 88,84,569 | 2,07,30,659 | 4,13,26,672 |
|
Day 1
29-01-19
|
59,201 0.01 x | 26,66,748 0.30 | 59,625 0.00 x | 27,85,574 0.07 x |
|
Day 2
30-01-19
|
73,41,454 0.63 x | 41,35,484 0.46 | 1,92,019 0.01 x | 1,16,68,957 0.28 x |
|
Day 3
31-01-19
|
5,45,43,307 4.66 x | 97,80,408 1.1 | 5,83,848 0.03 x | 6,49,07,563 1.57 x |
Valuations
IPO - Issue Objectives
Offer for Sale(a) To carry out the disinvestment of Equity Shares by the Selling Shareholder in the company. (b) To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Fresh Issue ( Rs 950.0/- Cr )(a) Repayment/prepayment of certain indebtedness. ( Rs 720.0/- Cr )(b) General corporate purposes.
IPO - Peers Comparison
| P/B Ratio | P/E Ratio | RoNW | Revenue(in Cr.) | |
|---|---|---|---|---|
| IndoStar Capital Finance Ltd | 2.17 | 24.73 | 11.08% | 719.92 |
| L&T Finance Holdings Ltd | 3.34 | 33.20 | 11.44% | 314.89 |
| Piramal Enterprises Ltd | 3.01 | 35.90 | 8.41% | 8737.40 |
| Aditya Birla Capital Ltd | 2.98 | 25.15 | 8.04% | 5885.87 |
| Capital First Ltd | 2.72 | 25.12 | 10.37% | 2800.86 |
| Shriram Trasport Finance Co. Ltd | 3.23 | 28.90 | 11.17% | 10,904.47 |
| Sundaram Finance Ltd | 4.09 | 28.79 | 14.19% | 5633.21 |
| Cholamandalam Investment and Finance Company Ltd | 6.28 | 37.77 | 16.63% | 4696.85 |
| Repco Home Finance Ltd | 3.51 | 21.50 | 16.32% | 1045.89 |
IPO - FAQs
Ans. Chalet Hotels Limited IPO is a Mainboard IPO. The issue is priced at Rs 275/- to Rs 280/- Per Equity Share. The minimum order quantity is 53 Shares. The IPO opens on Jan 29, 2019, and closes on Jan 31, 2019. Karvy Fintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on NSE, BSE ( B - Group ).
Ans. The Chalet Hotels Limited IPO opens on Jan 29, 2019 and closes on Jan 31, 2019.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of Chalet Hotels Limited IPO is Total issue of 5,86,13,572 Equity Shares of Rs 10/- at a price of Rs 275/- to Rs 280/- per share aggregating to Rs 1641.18 Cr> Fresh issue of 3,39,28,572 Equity Shares of Rs 10/- at a price of Rs 275/- to Rs 280/- per share aggregating to Rs 950.0 Cr> Offer for Sale of 2,46,85,000 Equity Shares of Rs 10/- at a price of Rs 275/- to Rs 280/- per share aggregating to Rs 691.18 Cr.
Ans. The Chalet Hotels Limited IPO price band is set between Rs 275/- to Rs 280/- Per Equity Share.
Ans. To apply for Chalet Hotels Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find Chalet Hotels Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of Chalet Hotels Limited IPO is Feb 6, 2019.
Ans. The Chalet Hotels Limited IPO will be listed on Feb 8, 2019.
Ans. Follow the steps to check the Chalet Hotels Limited IPO allotment status online.
