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Royale Manor Hotels & Industries Ltd.

BSE: 526640 Sector: Services
NSE: N.A. ISIN Code: INE008C01011
BSE 13:04 | 22 Feb 13.60 0.21
(1.57%)
OPEN

12.90

HIGH

13.85

LOW

12.90

NSE 05:30 | 01 Jan Royale Manor Hotels & Industries Ltd
OPEN 12.90
PREVIOUS CLOSE 13.39
VOLUME 2507
52-Week high 15.90
52-Week low 8.73
P/E 10.71
Mkt Cap.(Rs cr) 23
Buy Price 13.50
Buy Qty 10.00
Sell Price 13.70
Sell Qty 10.00
OPEN 12.90
CLOSE 13.39
VOLUME 2507
52-Week high 15.90
52-Week low 8.73
P/E 10.71
Mkt Cap.(Rs cr) 23
Buy Price 13.50
Buy Qty 10.00
Sell Price 13.70
Sell Qty 10.00

Royale Manor Hotels & Industries Ltd. (ROYALEMANOR) - Company History

Royal Manor Hotels and Industries incorporated in 1991 in Ahmedabad, Gujarat, earlier it is in the name of Royal Manor Hotels was promoted by Ummed Singh P Champawat and Elcon Finlease & Industries. The company is engaged in the business of putting up hotel projects in India. The first project for a five-star hotel has come up at Ahmedabad, Gujarat. The company has a technical services agreement with EIH for managing and operating the hotel on its commissioning. The company came out with a public issue in Sep.'94 to part-finance the hotel project. The hotel Trident was commissioned in Oct.'95. The company is exploring the possibilities of adding 75 more delux rooms and a banquet hall for which land and other facilities are already available with the company. A feasibility study is being undertaken, and in case of a positive report, the expansion project will be undertaken. RMH has entered into Franchise Agreement with AAPC Aisa Pte Ltd. (Accor Group of France) and name of the hotel changed to Hotel Sofitel Ummed. During 1999-2000, the company has entered into `Hotel Management Agreement' with The Indian Hotels Company Ltd (known as the Taj Group of Hotels) for managing operations for a period of 20 years and has now been designated as "Taj Residency Ummed" and has been very well received by the business community.