Chalet Hotels IPO Dates, Review, Price Band, Market Lot Details

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Chalet Hotels gets SEBI’s go ahead for IPO. Chalet Hotels incorporated in 1996 based in Mumbai. They are owner, developer, asset manager of high end hotels in India. The company is a part of K Raheja Corp Group. They are one of the leading business groups in India. The hotel platform serves in hotels located in Mumbai, Hyderabad and Bangalore. They are currently branded with global brands like Marriott, Westin, Marriott Executive Apartments, Renaissance and Four Points by Sheraton. They are backed by one of the leading real estate developer K Raheja Group.

Chalet Hotels IPO Review:

  • Risky

Chalet Hotels IPO Dates & Price Band:

  • IPO Open: 29-January-2019
  • IPO Close: 31-January-2019
  • IPO Size: Approx Rs. 1640 Crore (Approx)
  • Face Value: Rs.10 Per Equity Share
  • Price Band: Rs. 275 to 280 Per Share
  • Listing on: BSE & NSE
  • Retail Portion: 35%
  • Equity: 24,685,000 Shares

Chalet Hotels IPO Market Lot:

  • Shares: Apply for 53 Shares (Minimum Lot Size)
  • Amount: Rs. 14840

Chalet Hotels IPO Allotment & Listing:

  • Basis of Allotment: 06-February-2019
  • Refunds: 06-February-2019
  • Credit to demat accounts: 06-February-2019
  • Listing: 07-February-2019

        Chalet Hotels Financial:

          Rs. in Crore
        RevenueExpensePAT
        2013
        2014535402-109
        2015467377-127
        2016598442-112
        2017925494128
        201893057830


        Company Promoters:

        • Ravi C. Raheja
        • Neel C. Raheja
        • K Raheja Corp Private Limited
        • K Raheja Private Limited
        • Ivory Properties And Hotels Private Limited
        • Genext Hardware & Parks Private Limited
        • Touchstone Properties And Hotels Private Limited
        • Cape Trading Llp
        • Capstan Trading Llp
        • Casa Maria Properties Llp
        • Anbee Constructions Llp
        • Palm Shelter Estate Development Llp
        • Raghukool Estate Development Llp
        • Ivory Property Trust

        Quick Links:
        DRHP Draft Prospectus (DRHP)
        RHP Draft Prospectus (RHP)

        Initial public offering of up to (*) equity shares of face value of Rs. 10 each (the equity shares) of Chalet Hotels Limited (the company or the company or the issuer) for cash at a price of Rs. (*) per equity share (including a share premium of Rs. (*) per equity share) (the offer price) aggregating up to Rs. (*) Crores (the offer) comprising a fresh issue of (*) equity shares aggregating up to Rs. 950 Crores (fresh issue) and an offer for sale of upto 24,685,000 equity shares (the offered shares) aggregating to Rs. (*) Crores, comprising an offer for sale of (i) up to 5,550,000 equity shares aggregating to Rs. (*) Crores by ravi c. Raheja; (ii) up to 5,550,000 equity shares aggregating to Rs. (*) Crores by neel c. Raheja; (iii) up to 10,784,176 equity shares aggregating to Rs. (*) Crores by k. Raheja corp private limited; (iv) up to 800,000 equity shares aggregating to Rs. (*) Crores by palm shelter estate development llp; and (v) up to 2,000,824 equity shares aggregating to Rs. (*) Crores by ivory properties & hotels private limited (collectively the selling shareholders, and such offer for sale, the offer for sale). The offer shall constitute up to (*) % of the post-offer paid-up equity share capital of the company.The price band and the minimum bid lot will be decided by the company.

        Chalet Hotels IPO Registrar:
        Karvy Computershare Private Limited
        Phone: +91-40-23312454
        Fax: +91-40-23311968
        Email: [email protected]
        Website: http://karisma.karvy.com

        Chalet Hotels IPO Lead Managers:

        • Axis Capital Limited
        • JM Financial Consultants Private Limited
        • Morgan Stanley India Company Pvt Ltd

        Company Address:
        Chalet Hotels Limited
        Raheja Tower, Plot No.C-30, Block ‘G’,
        Next to Bank of Baroda, Bandra Kurla Complex,
        Bandra (East), Mumbai 400051
        Phone: +91 22 – 26564000
        Fax: +91 22 – 26565451
        Email: [email protected]
        Website: http://www.chalethotels.com

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