Free Account Opening + AMC Free Demat
Loading...

Mac Hotels Limited IPO (Mac Hotels IPO) Detail

September 19, 2018 - September 25, 2018

Mac Hotels IPO is a fixed price issue of Rs 1.94 crores.

Mac Hotels IPO bidding started from September 19, 2018 and ended on September 25, 2018. The shares got listed on BSE SME on October 4, 2018.

Mac Hotels IPO price is ₹24 per share. The minimum lot size for an application is 6000 Shares. The minimum amount of investment required by retail investors is ₹144,000.

Gretex Corporate Services Limited is the book running lead manager of the Mac Hotels IPO, while Bigshare Services Pvt Ltd is the registrar for the issue.

Refer to Mac Hotels IPO RHP for detailed information.

Mac Hotels IPO Details

IPO Date September 19, 2018 to September 25, 2018
Listing Date October 4, 2018
Face Value ₹10 per share
Price ₹24 per share
Lot Size 6000 Shares
Total Issue Size810,000 shares
(aggregating up to ₹1.94 Cr)
Issue Type Fixed Price Issue IPO
Listing At BSE SME
Share holding pre issue3,000,000
Share holding post issue3,000,000
Market Maker portion42,000 shares

Mac Hotels IPO Reservation

Mac Hotels IPO offers 810,000 shares. 384,000 (47.41%) to NII, 384,000 (47.41%) to RII.

Investor Category Shares Offered
Anchor Investor Shares Offered-
Market Maker Shares Offered42,000 (5.19%)
Other Shares Offered384,000 (47.41%)
Retail Shares Offered384,000 (47.41%)
Total Shares Offered810,000 (100%)

Mac Hotels IPO Lot Size

Investors can bid for a minimum of 6000 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 6000 ₹144,000
Retail (Max) 1 6000 ₹144,000
Lot Size Calculator

About Mac Hotels Limited

Incorporated in 1990, Goa-based Mac Hotels Limited is a company engaged in the business of owning, operating and managing hotels, restaurants, and resorts in Goa.

The company's business includes hotels, restaurant, café, caravan site, apartment house-keeping, and related services.

Currently, the company is operating and managing one resort under the name "Resort Park Avenue".

The Company has entered into Management Services Agreement (OYO Agreement) with Alcott Town Planners Private Limited.

Company Financials

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 575.15 563.78 301.09 259.04 265.69 229.95
Total Revenue 239.77 310.13 188.32 193.10 141.76 118.12
Profit After Tax 8.00 13.05 8.43 8.76 8.83 (1.27)

Objects of the Issue (Mac Hotels IPO Objectives)

The object of the Offer is to achieve the benefits of listing the Equity Shares on the Designated Stock Exchange
and for the sale of 8,10,000 Equity Shares by the Selling Shareholder ("Hotel Miramar Comfort Private Limited"
or "HMCPL"). The company will not receive any proceeds from the issue.

Mac Hotels IPO Review (May apply)

[Dilip Davda]  

Company has just one property under management. Issue is fully priced. Merchant Banker has poor track record. Cash surplus investors may consider investment at their own risk for long term.

Read detail review...


Mac Hotels IPO Subscription Status (Bidding Detail)

The Mac Hotels IPO is subscribed 1.52 times on September 25, 2018 6:50:02 PM. The public issue subscribed 1.17 times in the retail category, times in the QIB category, and 1.88 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
Other1.88
Retail1.17
Total1.52

Mac Hotels IPO Prospectus

Mac Hotels IPO Rating

21
2.5
Rating:Rated 2.5 stars
Vote Here ...

Mac Hotels IPO Listing Details

Listing Date October 4, 2018
BSE Script Code 541973
NSE Symbol
ISIN INE004Z01011
Final Issue Price ₹24 per share

Pre-Open Session - BSE

Listing Day Trading Information

Price Details
Final Issue Price
Open
Low
High
Last Trade
BSE SME
₹24.00
₹24.60
₹24.60
₹25.80
₹25.80

Check IPO Performance…

Mac Hotels Limited Contact Details

Mac Hotels Limited
First Floor, Beach Plaza (Annexee),
Nomxin, Caranzalem, Ilhas
Panaji - 403001
Phone: 0832-2464299
Email: investor@machotels.net
Website: http://www.machotels.net/

Mac Hotels IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Mac Hotels IPO - Buy or Not

Mac Hotels IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 1 0 0
Members 0 0 0

Read All Reviews Post Your Review Manage Reviews

SME IPO Enquiry

SME Company Owners
We could help you get listed on the stock market.

Contact us Today

Check our SME IPO Guide New

Mac Hotels IPO FAQs

Mac Hotels IPO is a SME IPO of 810,000 equity shares of the face value of ₹10 aggregating up to ₹1.94 Crores. The issue is priced at ₹24 per share. The minimum order quantity is 6000 Shares.

The IPO opens on September 19, 2018, and closes on September 25, 2018.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

The Mac Hotels IPO opens on September 19, 2018 and closes on September 25, 2018.

Mac Hotels IPO lot size is 6000 Shares, and the minimum amount required is ₹144,000.

You can apply in Mac Hotels IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Mac Hotels IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mac Hotels IPO allotment status.

The Mac Hotels IPO listing date is on October 4, 2018.
Open an Instant Account with Zerodha

Mac Hotels IPO Message Board

Ranked Members of Chittorgarh.com Forum  Ranked Members | Members with Most Likes

Loading...

9 Comments

6. CPHArun |   Link |  Bookmark |September 19, 2018 5:16:28 PM
What a joke of an IPO
6.1. Small Investor |   Link |  Bookmark |October 19, 2018 3:24:23 PM
IPO Guru IPO Guru (2200+ Posts, 1100+ Likes)
whha kya ipo nikla h yha pr stock sell krne wala hi nhi h
5. loviedovie |   Link |  Bookmark |September 19, 2018 2:25:52 PM
A few bid will be made by company and lead manager only. 1 person applied which is from company itself
4. Smeupdate |   Link |  Bookmark |September 18, 2018 4:47:55 PM
3 cr sales and 8 lakh profit

sometimes a momo shop can make more money than this
3. VIE |   Link |  Bookmark |September 16, 2018 2:54:56 AM (500+ Posts, 500+ Likes)
ITS AN OFFER FOR SALE BY PROMOTER.

NOW SME COMPANIES ACT,LIKE MAIN BOARD LARGE CAP COMPANIES

LOL
3.1. medge |   Link |  Bookmark |September 18, 2018 3:30:45 PM
IPO Guru IPO Guru (1300+ Posts, 2000+ Likes)
:) also 1.94cr OFS, etana amount bank main rakhenge to isake PAT se jada interest milega yearly
2. vgoel |   Link |  Bookmark |September 14, 2018 10:26:49 PM
Iske PAT se zyada to meri salary hai bhai.
2.1. Small Investor |   Link |  Bookmark |September 15, 2018 4:58:40 PM
IPO Guru IPO Guru (2200+ Posts, 1100+ Likes)
hahahahahhahahha
1. Small Investor |   Link |  Bookmark |September 13, 2018 6:09:36 PM
IPO Guru IPO Guru (2200+ Posts, 1100+ Likes)
approval kese mil gya is company ko