Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Pecos Hotels IPO is a fixed price issue of ₹2.30 crores. The issue is entirely a fresh issue of 0.05 crore shares of ₹2.30 crore.
Pecos Hotels IPO bidding started from Jul 23, 2015 and ended on Jul 28, 2015. The shares got listed on BSE SME on Aug 11, 2015.
Pecos Hotels IPO price is ₹50.00 per share . The lot size for an application is 3,000. The minimum amount of investment required by an individual investor (retail) is ₹1,50,000 (3000 shares). The minimum lot size investment for HNI is 2 lots (6,000 shares), amounting to ₹3,00,000.
Sarthi Capital Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The market maker of the company is Choice Equity Broking Pvt.Ltd..
Refer to Pecos Hotels IPO RHP for detailed Information.
| IPO Date | July 23, 2015 to July 28, 2015 |
| Listing Date | August 11, 2015 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹50 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 4,59,000 shares (aggregating up to ₹2.30 Cr) |
| Reserved for Market Maker | 27,000 shares Choice Equity Broking Pvt.Ltd. (aggregating up to ₹0.1350 Cr) |
| Net Offered to Public | 4,32,000 shares (aggregating up to ₹2.16 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 8,50,875 shares |
| Share Holding Post Issue | 13,09,875 shares |
Pecos Hotels IPO offers total 4,59,000 shares. Out of which 2,16,000 (47.06%) allocated to NII, 2,16,000 (47.06%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 27,000 (5.88%) |
| NII (HNI) Shares Offered | 2,16,000 (47.06%) |
| Retail Shares Offered | 2,16,000 (47.06%) |
| Total Shares Offered | 4,59,000 (100.00%) |
Pecos Hotels IPO opens on July 23, 2015, and closes on July 28, 2015.
| IPO Open Date | Thu, Jul 23, 2015 |
| IPO Close Date | Tue, Jul 28, 2015 |
| Tentative Listing Date | Tue, Aug 11, 2015 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jul 28, 2015 |
Investors can bid for a minimum of 3,000 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 3,000 | ₹1,50,000 |
| Retail (Max) | 1 | 3,000 | ₹1,50,000 |
| HNI (Min) | 2 | 6,000 | ₹3,00,000 |
Incorporated in 2005, Pecos Hotels and Pubs Ltd (PHPL) is into the business of running of hotels and pubs in Bangalore, with 4 Pubs providing 70s, 80s and 90s retro rock music since last 10 years. Its focus is to bring alive the greatest of legends in the interiors, the lighting, the paintings, pictures, posters and the sounds.
These pubs have evolved a style and culture that is quite unique within the industry. The decoration is 60's & 70's psychedelic art, the furniture simple, functional and bordering on grungy. The pubs are not very large, area is between 1000 to 2000 sq. ft., but are carefully located where there are footfalls and sufficient parking.
The Company Pecos Hotels IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Development of New Pub | 0.60 |
| 2 | Upgradation, Repair and Maintenance of our existing pubs | 0.75 |
| 3 | General Corporate Purposes | 0.44 |
| 4 | Issue Expenses | 0.50 |
[Dilip Davda] Avoid. With P/E of 54 plus Pecos Hotels is a highly priced IPO. Pecos Hotels is into the business of running of hotels and pubs in Bangalore. Read detail review...
| Listing Date | August 11, 2015 |
| BSE Script Code | 539273 |
| NSE Symbol | |
| ISIN | INE484S01010 |
| Final Issue Price | ₹50 per share |
| BSE Listing Group | MT |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹50.00 |
| Open | ₹56.00 |
| Low | ₹53.25 |
| High | ₹56.00 |
| Last Trade | ₹53.25 |
Pecos Hotels & Pubs Ltd.
No.189/1,
1,1st, 2nd, 3rd & 4th Floor,
Brigade Road,
Bangalore Urban, Karnataka, 560001
Phone: (080) 25580971
Email: pecoshotels@gmail.com
Website: http://www.pecospub.com
MUFG Intime India Pvt.Ltd.
Phone: +91-22-4918 6270
Email: phpl.ipo@linkintime.co.in
Website: https://linkintime.co.in/Initial_Offer/public-issues.html
Pecos Hotels IPO is a SME IPO of 4,59,000 equity shares of the face value of ₹10 aggregating up to ₹2.30 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000.
The IPO opens on July 23, 2015, and closes on July 28, 2015.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in Pecos Hotels IPO using UPI as a payment gateway. Zerodha customers can apply in Pecos Hotels IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Pecos Hotels IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Pecos Hotels IPO opens on July 23, 2015 and closes on July 28, 2015.
Pecos Hotels IPO lot size is 3000, and the minimum amount required for application is ₹1,50,000.
You can apply in Pecos Hotels IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Pecos Hotels IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Pecos Hotels IPO allotment status.
The Pecos Hotels IPO listing date is on Tuesday, August 11, 2015.
Useful Articles
RHP