Mac Hotels Ltd IPO

Closed

Subscription Details

  • Open Date 19 Sep
  • Close Date 25 Sep
  • Lot Size 6000
  • IPO Size ₹ 1.94 Cr
  • IPO Price Range ₹ 24
  • Min Investment ₹ 144000

Mac Hotels Ltd IPO Timeline

Open Date
19 Sep
Close Date
25 Sep
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public offer of 8,10,000 equity shares of face value of Rs. 10/- each (equity shares) of Mac Hotels Limited (the company or offerer) for cash at a price of Rs. 24 per equity share (including a share premium of Rs. 14 per equity share), aggregating upto Rs. 1.94 crores (the offer), comprising an offer for sale of 8,10,000 equity shares by Hotel Miramar Comfort Private Limited (the promotor/selling shareholder) aggregating upto Rs. 1.94 crores by the promotor/selling shareholder (offer for sale). the offer comprises of 40,000 equity shares of face value Rs. 10/- each for cash at a price of Rs. 24 per equity share, aggregating Rs. 0.10 crores which well be reserved for subscription by the market maker to the offer (the market maker reservation portion). The offer less market maker reservation portion i.e. Offer of 7,68,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 24 per equity share, aggregating Rs. 1.84 crores is hereinafter refered to as the net offer. The offer and the net offer will constitute 27.00% & 25.60%, respectively of the post offer paid up equity share capital of the company. The Face value of the equity shares is Rs. 10 each and the offer price of Rs. 24 is 2.4 times of the face value of the equity shares.

How to apply for an IPO?

  • Login to your 5paisa account and select the issue in the current IPO section

  • Enter the number of lots and price at which you wish to apply for

  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange

  • You will receive a mandate notification to block funds in your UPI app

  • Approve the mandate request on your UPI and funds will be blocked

Contact Details of Mac Hotels Ltd IPO

Contact Information

Address

I Floor Beach Plaza(Annexee),
Nomxin Caranzalem Ilhas,
Panaji, Goa 403001

Mac Hotels Ltd IPO Lead Manager

Gretex Corporate Services Pvt Ltd
Open Demat Account