Mahindra Holidays IPO Latest News Today

Mahindra Holidays and Resorts IPO Listing Info

IPO Listing Date: Thursday, July 16, 2009
BSE Script Code: 533088
NSE Symbol: MHRIL
Listing in: B Group of securities
ISIN: INE998I01010
Issue Price: Rs 300/-
Face Value: Rs 10/- Per Equity Share

Mahindra Holidays and Resorts IPO Listing Info

IPO Listing Date: Thursday, July 16, 2009
BSE Script Code: 533088
NSE Symbol: MHRIL
Listing in: B Group of securities
ISIN: INE998I01010
Issue Price: Rs 300/-
Face Value: Rs 10/- Per Equity Share

IPO Allotment Status is now available online for Mahindra Holidays and Resorts India Ltd IPO. Mahindra Holidays and Resorts India Ltd IPO was open on June 23, 2009 and closed on June 26, 2009. IPO was oversubscribed by 9.80 times (3.3578 times in retail).

IPO Allotment Status is now available online for Mahindra Holidays and Resorts India Ltd IPO.

Mahindra Holidays and Resorts India Ltd IPO was open on June 23, 2009 and closed on June 26, 2009. IPO was oversubscribed by 9.80 times (3.3578 times in retail).

Mahindra Holidays and Resorts India Limited IPO fully subscribed on its closing day. MHRIL has received bids for 9,08,33,800 shares as against issue size of 92,65,275 shares. Retail quota of the issue subscribed 3.3578 times and QIB's subscribed 12.8262 times. Non Institutional category shows good interest and subscribed 11.0060 times.

The detailed subscription information of this IPO is as below:
 
Number of times issue is subscribed on 26-Jun-2009 18:00:00 IST

Qualified Institutional Buyers (QIBs): 12.8262

Non Institutional Investors: 11.0060

Retail Individual Investors (RIIs): 3.3578

Total: 9.80 times

Incorporated in 1996, Mahindra Holidays and Resorts India Limited (MHRIL) is a part of the US$ 6.7 billion Mahindra group. MHRIL is India’s number one holiday brand offering quality family holidays with a range of services.

Mahindra Holidays and Resorts India Ltd is entering in the capital markets with an initial public offering, IPO of 92,65,275 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 275/- at lower level and Rs 325/- at upper level for equity share of Rs 10/-. The issue opens on June 23, 2009, and closes for subscription on June 26, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Mahindra Holidays IPO open today on June 23, 2009, subscribed 0.20 times on its first day.

Oversubscription detail for Day 1

Qualified Institutional Buyers (QIBs):  0.3216 Times

Non Institutional Investors:  0.0108 Times

Retail Individual Investors (RIIs): 0.0279 Times

Total:  0.20 Times

Initial Public Offer of Mahindra Holidays and Resorts India Ltd is closing for subscription on June 26, 2009.

Incorporated in 1996, Mahindra Holidays and Resorts India Limited (MHRIL) is a part of the US$ 6.7 billion Mahindra group. MHRIL is India’s number one holiday brand offering quality family holidays with a range of services.

Mahindra Holidays and Resorts India Ltd is entering in the capital markets with an initial public offering, IPO of 92,65,275 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 275/- at lower level and Rs 325/- at upper level for equity share of Rs 10/-. The issue opens on June 23, 2009, and closes for subscription on June 26, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

Incorporated in 1996, Mahindra Holidays and Resorts India Limited (MHRIL) is a part of the US$ 6.7 billion Mahindra group. MHRIL is India's number one holiday brand offering quality family holidays with a range of services.

Mahindra Holidays and Resorts India Ltd is entering in the capital markets with an initial public offering, IPO of 92,65,275 Equity Shares for cash, at a premium to be decided through a 100% Book Built Issue.

The price band for the issue has been fixed at Rs 275/- at lower level and Rs 325/- at upper level for equity share of Rs 10/-. The issue opens on June 23, 2009, and closes for subscription on June 26, 2009. The equity shares of the company are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).