Issue Price
₹24
Per Share
GMP
NIL
Grey Market
Est. Listing
₹24
Expected Price
Min. Application
₹288,000
2 lots × 6000 shares
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.
Mac Hotels Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| Market Maker | 42,000 | — | ₹0.10 Cr | — |
| TOTAL | 810,000 | 100.00% | ₹1.94 Cr | — |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 6,000 | ₹144,000 |
| Retail (Max) | 13 | 78,000 | ₹1,872,000 |
| sNII (Min) | 14 | 84,000 | ₹2,016,000 |
| bNII (Min) | 68 | 408,000 | ₹9,792,000 |
| Particulars | 31-Dec-17 | 31-Mar-17 | 31-Mar-16 |
|---|---|---|---|
| Revenue from Operations | 239.77 | 310.13 | 188.32 |
| EBITDA | N/A | N/A | N/A |
| Profit After Tax (PAT) | 8.00 | 13.05 | 8.43 |
| Net Worth | N/A | N/A | N/A |
| Total Assets | 575.15 | 563.78 | 301.09 |
| Reserves & Surplus | N/A | N/A | N/A |
| Total Borrowings | N/A | N/A | N/A |