Pride Hotels Ltd - IPO

Pride Hotels Ltd IPO Details

Public issue of 10,400,000 equity shares of Rs. 10 each for cash at price of Rs. [*] per equity share including a share premium of Rs. [*] aggregating Rs. [*] crores by the Pride Hotels Limited (The Company or The Issuer) (The Issue). The issue would constitute 25.16% of the fully diluted post issue paid-up equity share capital of the company.The face value of the equity shares is Rs. 10 each.

Objective of issue

Construction of hotel. General corporate purposes.

Pride Hotels Ltd Contact Details

Pride Hotels Ltd, Plot No 17-24, Vittal Rao Nagar, Madhapur, Hyderabad-500081

Phone - 91-040-44655185/44655000

Fax - 91-040-23420814/23420857

Email - ipo@pridehotel.com

Website - www.pridehotel.com