Neptune Holidays Ltd - IPO

Neptune Holidays Ltd IPO Details

Initial public offer of upto 46,08,000 equity shares of face value of Rs. 10/- each (the Equity Shares) of Neptune Holidays Limited (The Companyor Neptune or The Issuer) at an offer price of Rs. [*] per equity share for cash, aggregating up to Rs. [*] Crores comprising of fresh issue of up to 37,05,600 equity shares aggregating to Rs. [*] Crores (Fresh Issue) and an offer for sale of up to 9,02,400 equity shares by Novelty Merchants Private Limited, Neptune Aviations Private Limited, Neptune Leisure & Holidays Private Limited, Dinesh Kumar Bhatter, Chandra Prakash Bhatter and Santoshi Bhatter, Radhika Bhatter, Suraj Karan Bhatter (Selling Shareholder) aggregating to Rs. [*] Crores (Offer For Sale) (Public Offer). The offer includes a reservation of up to [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating Rs. [*] Crores will be reserved for subscription by the market maker to the offer (the Market Maker Reservation Portion). The public offer less market maker reservation portion i.e. Net offer of up to [*] equity shares of face value of Rs. 10/- each, at an offer price of Rs. [*] per equity share for cash, aggregating upto Rs. [*] Crores is herein after referred to as the Net Offer. The public offer and net offer will constitute [*] % and [*] % respectively of the post- offer paid-up equity share capital of the company.The face value of equity shares is Rs. 10/- each. The offer price is [*] times the face value of the equity shares. The price band and the minimum bid lot will be decided by the company.

Objective of issue

Repayment/prepayment of all or certain of the borrowings availed of by the Company. Investment in the wholly-owned Subsidiary, Neptune Tours & Travels Pvt Ltd, in the form of debt or equity for repayment/prepayment, as applicable in part or full, of certain outstanding borrowings availed by Neptune Tours & Travels Pvt Ltd. General Corporate Purpose.

Neptune Holidays Ltd Contact Details

Neptune Holidays Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - cs@neptuneholidays.com

Website - www.neptuneholidays.com