Fixed Price IPO | ₹2 Cr | Listed at BSE SME | Thu, Jul 23, 2015 - Tue, Jul 28, 2015
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 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) (based on upper price). The minimum lot size for investment in 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 Open
Thu, Jul 23, 2015
IPO Close
Tue, Jul 28, 2015
Issue Price
₹50 per share
Market Cap (Pre-IPO)
₹6.55 Cr
| IPO Date | 23 to 28 Jul, 2015 |
| Listed on | Tue, Aug 11, 2015 |
| Face Value | ₹10 per share |
| Issue Price | ₹50 per share |
| Lot Size | 3,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Total Issue Size | 4,59,000 shares (agg. up to ₹2 Cr) |
| Reserved for Market Maker | 27,000 shares Choice Equity Broking Pvt.Ltd. (agg. up to ₹0.1350 Cr) |
| Fresh Issue (Ex Market Maker) | 4,32,000 shares (agg. up to ₹2 Cr) |
| Net Offered to Public | 4,32,000 shares (agg. up to ₹2 Cr) |
| Share Holding Pre Issue | 8,50,875 shares |
| Share Holding Post Issue | 13,09,875 shares |
| BSE Script Code | 539273 |
| ISIN | INE484S01010 |
Pecos Hotels IPO comprises a total issue size of 4,59,000 shares. The net offer to the public is 4,32,000 shares, after excluding 27,000 shares allotted on a firm basis. Of the Net offer 2,16,000 (50.00%) allocated to NII 2,16,000 (50.00%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| NII (HNI) Shares Offered | 2,16,000 | 50.00% | 47.06% |
| Retail Shares Offered | 2,16,000 | 50.00% | 47.06% |
| Firm Reservations | |||
| Market Maker Shares Offered | 27,000 | 5.88% | |
| Total Shares Offered | 4,59,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,000 shares and in multiples thereof.
| 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.
| Period Ended |
|---|
| Amount in ₹ Crore |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 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 |
Sorry, we couldn't find the subscription details. Note that the bidding starts at 10 AM and ends at 5 PM on the days when the public issue is open.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to Merchant Banker including expenses towards printing, advertising, and payment to other intermediaries such as Registrars, Market Makers, Bankers etc | 0.45 |
| 2 | Regulatory Fees & Other Expenses | 0.05 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹50.00 |
| Open | ₹56.00 |
| Low | ₹53.25 |
| High | ₹56.00 |
| Last Trade | ₹53.25 |
Lead Manager Reports
Pecos Hotels IPO is a SME IPO of 4,59,000 equity shares of the face value of ₹10 aggregating up to ₹2 Crores. The issue is priced at ₹50 per share. The minimum order quantity is 3000.
The IPO opens on Thu, Jul 23, 2015, and closes on Tue, Jul 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 Thu, Jul 23, 2015 and closes on Tue, Jul 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 Tue, Aug 11, 2015.
