Mahindra Holidays & Resorts India Ltd IPO

Closed

Subscription Details

  • Open Date 23 Jun
  • Close Date 26 Jun
  • Lot Size 20
  • IPO Size ₹ 277.96 Cr
  • IPO Price Range ₹ 300
  • Min Investment ₹ 6000

Mahindra Holidays & Resorts India Ltd IPO Timeline

Open Date
23 Jun
Close Date
26 Jun
Basis of Allotment
-
Refunds
-
Credit to Demat Account
-
Listing Date
-

IPO Synopsis

Public issue of 92,65,275 equity shares of Rs.10 each of Mahindra Holidays & Resorts India Limited (Mahindra Holidays or the company or the issuer) for cash at a price of Rs.300 per equity share (including a share premium of Rs.290 per equity share),consisting of a fresh issue of 58,96,084 equity shares and an offer for sale of 33,69,191 equity shares by Mahindra & Mahindra Limited (theselling shareholder), aggregating Rs.277.96 Crores (the issue).The issue would constitute 11% of the fully diluted post issue paid-up capital of the company. Issue price of Rs 300 is 30 times of the face value.

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 Mahindra Holidays & Resorts India Ltd IPO

Contact Information

Address

Mahindra Towers 2nd Floor,
No 17/18 Patullos Road,
Chennai, Tamil Nadu 600002

Open Demat Account