Taldar Hotels and Resorts Ltd - IPO

Taldar Hotels and Resorts Ltd IPO Details

Initial public offering of upto 34,28,800 equity shares of face value of Rs. 10/- each (equity shares) for cash at a price of Rs. [*] per equity share (including a premium of Rs. [*] per equity share) (issue price) aggregating to Rs. [*] crores (the issue). The issue will constitute [*] % of the post-issue paid up equity share capital of the company. The issue includes a reservation of up to [*] equity shares aggregating to Rs. [*] crores (constituting up to [*] % of the post issue paid-up equity share capital of the company) for subscription by market maker (market maker reservation portion). Theissue less the market maker reservation portion is hereinafter referred to as the net issue. The issue and the net issue willconstitute [*] % and [*] % 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 [*] times of the face value of the equity shares. The issue price and the minimum application lot will be decided by the company.

Objective of issue

Funding towards five new leased hotel properties as part of the expansion of hotel operations. Funding its incremental working capital requirements. General corporate purposes.

Taldar Hotels and Resorts Ltd Contact Details

Taldar Hotels and Resorts Ltd, Office No S6-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

Phone - 91-22-62638200

Fax - 91-22-63638299

Email - investors@mumbaihousehotels.com

Website - www.mumbaihousehotels.com