Pecos Hotels & Pubs Ltd - IPO

Pecos Hotels & Pubs Ltd IPO Details

Public issue of 4,59,000 equity shares of face value of Rs. 10/- each fully paid up of Pecos Hotels and Pubs Limited (PECOS or the Company or the Issuer) for cash at a price of Rs. 50/- per equity share (The Issue Price) (Including a share premium of Rs. 40/- per equity share aggregating Rs. 2.30 crores (The Issue) by the company, of which 27,000 equity shares of Rs. 10/- fully paid up each will be reserved for subscription by Market Maker to the issue (Market Maker Reservation Portion). The issue less the Market Maker reservation portion i.e. issue of 4,32,000 equity shares of Rs. 10/- each fully paid up is hereinafter referred to as the Net Issue. The issue and the net issue will constitute 35.04% and 32.98%, respectively of the post issue paid up equity share capital of the company.The face value of the equity shares is Rs. 10 each. The issue price is Rs. 50/-. The issue price is 5.00 times the face value.

Objective of issue

Development of New Pub. Upgradation, Repair & Maintenance of existing pubs. General corporate purposes.

Pecos Hotels & Pubs Ltd Contact Details

Pecos Hotels & Pubs Ltd, C-13 Pannalal Silk, Mills Cmpd LBS Marg, Bhandup West, Mumbai - 400 078

Phone - 91-022-25963838

Fax - 91-022-25946969

Email - pecoshotels@gmail.com

Website - www.pecospub.com