Public issue of 92,65,275 equity shares of Rs.10 each of Mahindra Holidays & Resorts India Limited ("Mahindra Holidays" or the "company" or the "issuer") for cash at a price of Rs.300 per equity share (including a share premium of Rs.290 per equity share),consisting of a fresh issue of 58,96,084 equity shares and an offer for sale of 33,69,191 equity shares by Mahindra & Mahindra Limited (the"selling shareholder"), aggregating Rs.277.96 Crores (the "issue").The issue would constitute 11% of the fully diluted post issue paid-up capital of the company.
Issue price of Rs 300 is 30 times of the face value.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
23-Jun-2009
26-Jun-2009
₹ 300.00
₹ 0.00
Minimum Application for shares in Nos : 20.0
Further Multiples of : 20.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
HSBC Securities & Capital Markets (India) Pvt Ltd
Project Financed through Current Offer
277.96
Post Issue Equity Share Capital
84.23
Issue Price
₹300.00
Projects
Expn of Existing Resorts & Setting up New Projects